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ADNOC Recently Eyed BP as Takeover Target

Apr 11, 2024

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary discussions, people familiar with the matter told Reuters.Abu Dhabi National Oil Company (ADNOC)…

KPI OceanConnect Concludes First Simultaneous LNG Bunkering Op

Apr 08, 2024

Marine fuel services and solutions provider KPI OceanConnect has completed its first simultaneous operation of LNG bunkering in Singapore.KPI OceanConnect conducted the operation for MSC Mediterranean Shipping Company’s Monica Cristina vessel in Singapore…

OCIMF Updates Drug and Alcohol Guidelines

Mar 26, 2024

The Oil Companies International Marine Forum (OCIMF) has published an updated information paper, Guidelines for the Control of Drugs and Alcohol in the Maritime Industry (2024).The paper aims to provide general guidance and recommendations for the maritime industry (operators of tankers…

CEO Says Exxon Mobil Not Trying to Buy Hess

Mar 18, 2024

Exxon Mobil CEO Darren Woods on Monday said his company is trying to establish it has rights over Hess Corp's Guyana assets in its dispute with Chevron, not buy the company itself.In his first public remarks on the company's pursuit of an arbitration…

Hess Says Reviewing Timeline for Closing of Chevron Deal

Mar 07, 2024

U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron, after oil major Exxon Mobil signaled a potential counter offer for Hess's Guyana assets.Exxon on Wednesday filed a contract arbitration…

Eni to Develop Separate Energy Transition Units

Mar 14, 2024

Italy's Eni said on Thursday it would embrace transition by creating separate units specialising in carbon capture and bio chemicals, adding to already existing renewable energy and biofuel subsidiaries.The four units would eventually attract…

Exxon Signals Potential Counter Offer for Hess's Guyana Assets

Mar 06, 2024

Exxon Mobil Corp on Wednesday said it filed a contract arbitration claim disputing Hess Corp's proposed sale of its Guyana oil properties, and suggested it may counter Chevron Corp's pending deal for the assets.The arbitration case seeks to…

Energean Power FPSO Producing at Full Capacity as Karish North Goes Online

Feb 29, 2024

Oil and gas company Energean has brought the Karish North and second gas export riser online at the Karish field in the Mediterranean Sea, offshore Israel.Karish North first gas was safely achieved on February 22, 2024, Energean informed. The…

Exxon's Curveball Move in Guyana Alters Chevron-Hess Deal Prospects

Feb 28, 2024

ExxonMobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country…

Valeura Buys Nong Yao Field’s FSO Aurora and Expands Wassana Drilling Campaign

Feb 13, 2024

Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results.In a February 13 update shared by the company, Valeura said it had exercised…

Petrogas E&P Brings Dutch Gas Project On Stream

Feb 14, 2024

Petrogas E&P Netherlands, part of Oman-based Petrogas E&P, has started producing gas from the A15 platform installed in the Dutch North Sea.Petrogas E&P Netherlands, along with its partners EBN, Rockrose, and TAQA, produced first gas from the A15 project on February 12…

Noble Resolute Rig on Extended Stay in North Sea

Feb 14, 2024

Offshore drilling contractor Noble Corporation has secured contract extension for its harsh-environment jack-up rig Noble Resolute in the North Sea.The contract extension for Noble Resolute comes from Petrogas E&P Netherlands, part of Oman-based Petrogas E&P…

Neptune Gets Green Light to Drill Duva Wildcat Well

Feb 07, 2024

The Norwegian Offshore Directorate has granted Neptune Energy Norge a drilling permit for the new exploration well at Duva field in the North Sea.The permit is for the 36/7-5 S wildcat well at Duva field (production license 636) which will be done using Deepsea Yantai semi-submersible drilling rig…

Subsea 7 Pipelay Vessel to be Equipped with Huisman’s Crane

Jan 22, 2024

Dutch company Huisman has secured a contract from Subsea 7 for the delivery of its 500MT offshore mast crane for one of pipelay vessels for deep water installations.The 500mt Offshore Mast Crane will be equipped with a passive and active heave…

Stena Drilling Takes Delivery of Stena Evolution Drillship

Jan 17, 2024

Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries.After a decade in the making, Stena Evolution drillship has finally been completed and is ready for its first job…

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