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Chrysaor's First Operated Well Off Norway Shows Hydrocarbons Traces

Mar 17, 2021

UK oil and gas firm Chyrsaor has found hydrocarbon traces at the Jerv offshore exploration well; its first operated well in Norway.According to OKEA, Chysaor's partner in the offshore production license PL973 where the well is located, 'hydrocarbons…

ABB to Power Total's Mozambique Gas Project

Mar 18, 2021

Power and technology group ABB has won a contract to deliver an end-to-end electrification package for Total's project in Mozambique aimed at developing gas deposits found off the country's coast.The Mozambique LNG project, previously operated by Anadarko…

OSSO's Tech to Keep Neptune's Offshore Drilling Tools Cool

Mar 18, 2021

Oil and gas services and technology company OSSO, specializing in fluid temperature control and separation solutions, has been awarded a contract by oil company Neptune Energy, to deploy its high volume mud cooler and AutoCUL technology at the Seagull project in the UK North Sea…

Report: EU Stops Sanctions on Turkey Oil Execs

Mar 19, 2021

The European Union has frozen plans to blacklist more senior executives at Turkey’s state-owned Turkish Petroleum Corporation (TPAO), four diplomats said, in the clearest sign that a diplomatic offensive by Ankara this year is bearing fruit…

Deb Haaland Confirmed as Secretary of the Interior. Becomes First Native American U.S. Cabinet Secretary

Mar 16, 2021

U.S. Representative Deb Haaland was confirmed on Monday as Secretary of the Interior, becoming the first Native American to lead a cabinet agency and securing a central role in President Joe Biden’s sweeping plans to fight climate change.The U…

OGA: UK North Sea Flaring Dropped by 22% in 2020

Mar 11, 2021

Flaring in the UK North Sea dropped by 22% in 2020 compared to 2019, and as production facilities cut the overall volume to 33 billion cubic feet (bcf), a reduction which is roughly equivalent to the gas demand of 200,000 UK homes, the UK Oil and Gas Authority said Thursday…

Ex-BHP Billiton CEO to Become Shell Chair

Mar 11, 2021

Oil giant Shell has announced the appointment of Sir Andrew Mackenzie as the new company Chair with effect from the conclusion of Shell’s 2021 Annual General Meeting, scheduled for May 18, 2021.Mackenzie, a former BHP Billiton CEO, will succeed…

Floating Offshore Wind: The Next Big Thing for Asia Pacific?

Feb 23, 2021

Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion…

Equinor, Partners to Shut Down Veslefrikk Field for Good in 2022

Feb 22, 2021

Norway's Equinor said Monday it has, with its partners, decided to shut down the Veslefrikk field in the Norwegian part of the North Sea in the spring of 2022.'After more than 30 years on stream and over 400 million barrels of oil equivalent…

Malaysia Petronas Launches Offshore Bid Round

Mar 02, 2021

Malaysian oil company Petronas launched the Malaysia Bid Round (MBR) 2021, through a virtual event held on February 26 2021.'With 13 exploration blocks being offered, the MBR 2021 is set to open up more investment opportunities for investors…

Malaysia's Petronas to Offer 13 Offshore Blocks in Feb. 26 Bid Round

Feb 19, 2021

Malaysian national oil and gas company Petronas will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia bid round 2021 launch on February 26, 2021. Also included, Petronas said, are six discovered fields to incentivize…

Eni Extends Saipem 10000 Drillship Term until 2023

Feb 25, 2021

Italian oil giant Eni has recently extended the contract for Saipem's Saipem 10000 drillship.The news was shared by the Italian energy services company Saipem on Thursday in its full-year and fourth-quarter 2020 report.'The most significant…

Neptune Energy Starts Production from Gjøa P1 Project Off Norway

Feb 23, 2021

Oil and gas company Neptune Energy said Tuesday it had brought online the Gjøa P1 development in the Norwegian sector of the North Sea.Gjøa P1 has been developed via a new subsea template, tied back to existing infrastructure on the Gjøa field…

Premier Oil, Chrysaor Merger Gets Approvals from Regulators in UK, Mexico

Feb 23, 2021

UK-based oil company Premier Oil said Monday that all of the regulatory conditions relating to its merger with Chrysaor 'have now been satisfied and all of the requisite anti-trust approvals have been received.'Premier oil said following receipt of notice from the Oil and Gas Authority (OGA)…

Petrobras Board Calls for Meeting to Oust CEO

Feb 24, 2021

The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders' meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.In a statement, Petroleo Brasileiro SA, as the company is officially known…

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