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UK North Sea Regulator Urges Oil Firms to Collaborate Effectively on Transactions of Face Sanctions

Apr 14, 2022

ExxonMobil's sale to NEO of interests in 13 producing fields – including the Elgin Franklin fields, operated by TotalEnergies, took longer than expected to complete, prompting an investigation by the regulator in the UK - Image for illustration…

'Lifting Incident' - Saipem's Giant Crane Vessel Tilts in Norway with 275 People Aboard

Apr 14, 2022

Saipem 7000 - File Photo - Credit:Saipem Saipem 7000, Saipem's giant semi-submersible crane vessel, tilted in a fjord in Norway with 275 people aboard, the Norwegian news website vg.no has reported.According to the website, which cited eyewitness accounts…

Petronas Starts Production From BTJTB-T2 Well Offshore Indonesia

Apr 14, 2022

Image for illustration only ©GoodVibes - Photo/AdobeStockMalaysian oil and gas company Petronas has achieved its first hydrocarbon from the Bukit Tua Phase-2B’s BTJTB-T2 well located within the Ketapang Block, offshore East Java, Indonesia.  The BTJTB-T2 well was spudded on September 30…

SNC-Lavalin to Assist with Shore-power Connection for ADNOC's Offshore Platforms

Apr 14, 2022

File Photo: ADNOCSNC-Lavalin has won a four-year advisory and engineering services contract from Abu Dhabi National Oil Company (ADNOC) to support its offshore operations power project. A high-voltage, direct current (HVDC-VSC) subsea transmission…

Reuters: Oil Traders to Reduce Russian Oil Purchases from May 15

Apr 14, 2022

For illustration - Gazprom Neft's Prirazlomnaya platform -Credit:Wp.klecha/Wikimedia CommonsMajor global trading houses are planning to reduce crude and fuel purchases from Russia's state-controlled oil companies as early as May 15, sources said…

Petrobras Shareholders Elect CEO-in-waiting to Board after Weeks of Turmoil

Apr 14, 2022

©Agência Petrobras - Flávio EmanuelShareholders in Brazil's Petrobras have elected José Mauro Coelho to the firm's board, according to a source with direct knowledge of the matter, paving the way for the government technocrat to take the helm of the state-run oil company…

Using Storage Tanks from Older LNG Carriers Could Boost FLNG Production

Apr 14, 2022

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted its approval in principle (AIP) for an innovative concept for a floating LNG (FLNG) vessel utilizing storage tanks from older LNG carriers. The design…

Norwind Offshore Orders Two More CSOVs from VARD

Apr 14, 2022

Norwind Offshore, a recently established offshore wind services firm in Norway, has awarded VARD contracts for the design and construction of two additional Commissioning Service Operations Vessels (CSOVs).Norway's Farstad, Volstad, and Kleven in October 2021 teamed up and formed Norwind Offshore…

Edward Heerema – Dutch Courage with Single-minded Focus

Apr 13, 2022

Edward Heerema is founder and president of Allseas, which brought the world’s largest construction vessel, Pioneering Spirit, to the market. The company, which also brought innovation to the pipelay sector, has added its latest trick to Pioneering Spirit – its jacket lift system…

Brazil Auctions 59 Oil Blocks; Shell, TotalEnergies, 3R Among Winners

Apr 13, 2022

Brazil on Wednesday granted 59 exploratory blocks of oil and natural gas to 13 companies, including Shell, TotalEnergies and 3R Petroleum.The auction totaled 422.4 million reais ($90.10 million) in signature bonus, registering a premium of 854…

First Turbine Installed at France's First Offshore Wind Farm

Apr 13, 2022

The very first wind turbine for the Saint-Nazaire offshore wind farm was installed on 12-13 April.©Parc éolien en mer de Saint-Nazaire - Production CAPA CorporateThe first wind turbine has been installed at the St. Nazaire offshore wind farm in France…

IOG Restores Blythe Field Output after Mechanical Fault on Platform Fixed. Southwark Drilling Start Imminent

Apr 13, 2022

UK North Sea-focused oil and gas company IOG said Wednesday it had temporarily remedied an issue with its Blythe platform topsides in the Southern North Sea.The company had started gas production from the Blythe field mid-March, however it on…

Keppel Terminates Clearwater, Fecon Rig Orders. Plans to Retain Payments

Apr 13, 2022

Singapore's Keppel Corporation said Wednesday said it was terminating jack-up rig construction contracts signed with an affiliate of Clearwater Capital Partners, and Fecon International, in October 2013 and February 2014, respectively.Keppel…

Sweden's Maha Energy Eyes Petrobras' Stake in Tartaruga Field Offshore Brazil

Apr 13, 2022

Stockholm-based Maha Energy AB remains interested in purchasing Petrobras' stake in the Tartaruga oil field in northeastern Brazil after the company's first attempt at buying the asset was unsuccessful, Victoria Berg, the company's investor relations officer…

Eni Inks Deal for Egyptian LNG Exports to Europe

Apr 13, 2022

Italy's Eni has signed a framework agreement with the Egyptian Natural Gas Holding Company (EGAS) to provide shipments of Egyptian liquefied natural gas (LNG) for Italy and Europe, the Egyptian government said on Wednesday.'The agreement also…

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