Trans Adriatic Pipeline News

 

The Italian Job: Long Term Contracts for Shelf Drilling's Jack-up Rig Duo

Dec 07, 2022

Jack-up drilling rig contractor Shelf Drilling said Wednesday it had secured long term charters for two jack-up rigs in the Adriatic Sea with the Italian oil and gas giant Eni.Eni has awarded a three-year contract for the Shelf Drilling Resourceful jack-up rig, and a two-year contract for the Key Manhattan rig for operations in the Adriatic Sea offshore Italy. Both contracts have a number of additional option periods…

Exxon Considers Selling Stake in LNG Terminal Offshore Italy

Mar 16, 2023

Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…

Gastrade Sees Decision On Second LNG Terminal This Year

Feb 23, 2023

Greece’s Gastrade said on Thursday it expects to take a final investment decision on developing a second gas floating storage and regasification unit (FSRU) off the country’s northern port of Alexandroupolis by the end of the year.With Europe…

Scana Wins 'Sizable' Offshore Wind Gig

Feb 17, 2023

Scana-owned Trans Construction (ATC) has secured a contract for the delivery of two E-house modules for generator sets that will be part of an offshore wind farm. Scana said the contract, which includes the design, fabrication, and installation work…

Italy's LNG Import Capacity and New Terminals

Dec 23, 2022

Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…

Italy Expands Adriatic Drilling Rights to Boost Gas Output, Lower Price

Nov 07, 2022

Italy's new government will expand concessions to drill for gas in the Adriatic, Prime Minister Giorgia Meloni said on Friday, in a drive to double Rome's output to 6 billion cubic meters per year and lower energy prices for firms.The measure…

Oil Firm Rockhopper 'Disappointed, But Not Surprised' as Italy Seeks to Overturn Ombrina Mare Ruling

Oct 31, 2022

Oil and gas company Rockhopper Exploration said Monday that Italy was working to annul the August ruling by an arbitration panel under which Italy has to pay 190 million euros plus interest to Rockhopper for breaching its obligations related to the company's Ombrina Mare field in the Adriatic Sea…

Ombrina Mare Dispute: Italy Has to Pay 190M Euros to Rockhopper Exploration

Aug 24, 2022

Italy will have to pay 190 million euros plus interest to the oil and gas company Rockhopper Exploration for breaching its obligations related to the company's Ombrina Mare field in the Adriatic Sea.The oil company - now mainly focused on Falkland…

EU Eyes Increased Imports of Azeri Gas in Pivot Away from Russia

Jul 15, 2022

The European Commission has proposed to EU countries a deal with Azerbaijan to increase imports of natural gas and support the expansion of a pipeline to do this, according to a draft document seen by Reuters.The draft memorandum of understanding…

Italy Plans Two FSRU Units to Cut Russia Gas Reliance

Mar 24, 2022

Italy is looking to install two floating storage and regasification units (FSRU) to boost liquefied natural gas (LNG) imports as part of plans to cut reliance on Russian gas, Italy's energy transition minister said on Tuesday.'Today we officially…

Eni Extends Charter for Shelf Drilling Rig Offshore Italy

Dec 17, 2021

Offshore Drilling company Shelf Drilling said Friday it had secured a contract extension for the Key Manhattan jack-up rig.The 18-month extension is in direct continuation of the drilling rig's current contract for drilling operations in the Adriatic Sea offshore Italy…

KOTUG Canada Bags Charters for Three Vessels

Dec 08, 2021

Marine services and towage firm KOTUG Canada Inc., a partnership between KOTUG International and Canada’s Horizon Maritime Inc., has won a long-term agreement with Trans Mountain, operator of Canada’s only oil pipeline servicing the West Coast…

Italy Gets 64 Expressions of Interest to Build Offshore Wind Farms

Nov 19, 2021

Italy said on Friday it had received 64 expressions of interest to build offshore wind farms following a tender launched by the ecology transition ministry.Italy is keen to boost the development of offshore renewable energy plants to help reach…

Saipem Launches Offshore Tech for Green Hydrogen Production

Jul 19, 2021

Italian oilfield and renewables services provider Saipem on Monday launched a technological solution for the offshore production of green hydrogen and the conversion of oil & gas facilities called SUISO.'SUISO combines various renewable energy sources such as floating wind…

Crown LNG Awards FEED Deal to Aker Solutions for Offshore LNG Terminal in India

Jul 05, 2021

Norwegian group Crown LNG has signed a deal with Aker Solutions as the main contractor to deliver a concrete gravity-based structure (GBS) for Crown’s offshore LNG terminal at Kakinada, India.Under the agreement, Aker Solutions and key subcontractors…

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