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Williams, Beacon Sign Pipeline Deal for Shenandoah Field in Gulf of Mexico

Jun 18, 2021

U.S. Gulf of Mexico pipeline operator Williams has struck a deal with Beacon Offshore to provide offshore gas gathering and transportation services and onshore gas processing services to the Shenandoah offshore development.Williams will provide…

Oil Jumps to Two-Year High. Strong Levels Here to Stay, Analyst Says

Jun 07, 2021

Oil jumped to a two-year high above $72 a barrel on Monday, extending this year's rally supported by recovering demand and OPEC+ supply curbs, before giving up the gains as investors took profits.Demand is rising in the United States and Europe as COVID-19 restrictions are loosened and…

Aker BP Brings Online Gray Seal Offshore Oil Field

Jun 18, 2021

Production has kicked off from the Gårsel (Gray Seal) oil field in the Skarv area, off the coast of Norway, four months ahead of plan, according to Norwegian oil and gas giant Aker BP.Aker BP CEO, Karl Johnny Hersvik said: 'I’m very proud of…

UTC: Norwegian Activity – and Focus on Emissions – Increasing

Jun 16, 2021

Activity on the Norwegian Continental Shelf (NCS) is going to be high in the next few years, but views on the longer-term outlook differ as the balancing act over demand for energy and a need to reduce emissions – at an ever greater pace – is played out…

Uzma to Provide Chemicals for Bualuang Field Off Thailand

Jun 14, 2021

Malaysian oilfield services company Uzma has received a contract from Medco to provide chemical supply and services for the Bualuang field offshore Thailand.The contract, issued to Uzma’s subsidiary MMSVS, is for three years on a callout basis…

KrisEnergy Files for Liquidation as Apsara Field Fails to Deliver

Jun 04, 2021

KrisEnergy, an oil and gas company focused on Southeast Asia, said Friday it had filed a winding-up petition and that it would proceed to liquidation due to its inability to pay debts.KrisEnergy warned about this outcome back on March 31 when it said that the production from the Apsara field…

New Zealand: Jadestone Energy to Wrap Maari Field Buy in 2H 2021

Jun 09, 2021

Oil and gas firm Jadestone Energy, which has, since 2019, been working to complete the acquisition of OMV's interest in the Maari field off New Zealand, now expects to wrap the deal 'in the second half of 2021.'Singapore-based Jadestone in November…

Talos Energy Says Gulf of Mexico Well Successful

Jun 04, 2021

U.S. oil company Talos Energy on Thursday said its drilling operation at the Gulf of Mexico Tornado 3 well was a success.The company said its Tornado 3 sidetrack well ('Tornado Attic' well) successfully discovered pay in-line with pre-drill expectations…

LNG Primed for Strong Growth on Asian Demand

Jun 11, 2021

Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of coronavirus-induced restrictions restores industrial demand in India.Higher oil and coal…

Despite Growth, Renewable Energy Use in The Netherlands Falls Short of EU Target

May 31, 2021

The use of renewable energy in the Netherlands increased by almost a fifth last year but still fell short of European standards, the Dutch national statistics office said on Monday.Solar, wind, biomass and other sustainable sources together delivered 11…

Oil Prices Soar on Signs of Strong Demand in Western Economies

Jun 09, 2021

Oil prices continued to rally on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded as the U.S. secretary of state said sanctions against Tehran were unlikely to be lifted.Brent crude futures were up 44 cents…

Oil Nears $72, Close to a Two-year High

Jun 04, 2021

Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering demand countered concerns about patchy COVID-19 vaccination rollout around the globe.The Organization of the Petroleum Exporting…

Erebus Floating Wind Farm: Geotechnical Investigations Start

Jun 08, 2021

Blue Gem Wind, the joint venture between TotalEnergies and Simply Blue Energy, has begun geotechnical investigations on the Angle Peninsula in Wales, to examine the onshore cable route for its planned Erebus floating wind farm.The work, which began in late May…

Stena Drilling Buys Stake in Offshore Lifting Tech Firm Intebloc

Jun 08, 2021

Offshore drilling contractor Stena Drilling has acquired a 30% stake in Intebloc, a provider of digital lifting technology solutions that improve the safety and productivity of offshore lifting operations. Backed by Stena Drilling, Intebloc will speed up product development strategy…

Argeo Buys Two SeaRaptor AUVs

Jun 07, 2021

Norwegian subsea offshore service company Argeo has procured two Teledyne Gavia SeaRaptor 6,000-meter-rated autonomous underwater vehicles (AUV), Teledyne Marine Vehicles, a business of Teledyne Technologies Incorporated announced.The two SeaRaptor…

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