News

  • Jemena plans Eastern Gas pipeline extension

    Jemena plans to extend its Eastern Gas Pipeline (EGP) from Sydney to the Hunter Valley region in northern New South Wales.   The existing EGP pipeline runs 797 km from Victoria’s Bass Strait gas field hub at Longford up the east coast to Sydney and…

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  • US$4.1 billion Chevron Bid Wins Noble Shareholder Vote

    Noble Energy Inc shareholders have approved the company’s acquisition by Chevron Corporation, cementing one of the US oil industry’s biggest transactions this year.   The vote on the 2nd October during a virtual shareholder meeting came despite opposition from Elliott Management Corporation. The activist hedge fund was…

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  • Lundin makes a deal to buy Barents Sea assets from Idemitsu

    Swedish oil and gas company Lundin Energy has entered into an agreement with Idemitsu Petroleum to acquire its interests in a portfolio of licences in the Barents Sea offshore Norway.   The agreement includes a working interest in the Wisting oil discovery and working interest…

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  • Second Hendijan platform in place offshore Iran

    Iranian Offshore Oil Company (IOOC) has installed the second new 1,000-ton platform at the Hendijan field in the Persian Gulf.   Platforms 07 and 08 are designed to increase the field’s oil production capacity by 20,000 b/d, according to news service Shana.   Facilities for…

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  • Offshore Germany platform switches to shore power

    Wintershall Dea has converted the Mittelplate drilling and production island in the Schleswig-Holstein Wadden Zee National Park off northern Germany to run 100% on electricity from renewable energy.   “We were able to stop generating electricity with a gas turbine and switch to green electricity…

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  • Exxon Contract Worth at Least US$500 million to TechnipFMC

    TechnipFMC reported on the 1st October that it has won a large subsea contract from a unit of Exxon Mobil Corporation ranging in value from US$500 million to US$1 billion.   Under the terms of the award from Esso Exploration and Production Guyana Limited (EEPGE),…

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  • Aker Solutions scoops up Tommeliten Alpha contracts

    Aker Solutions has won two contracts from ConocoPhillips for the Tommeliten Alpha development offshore Norway.   The NOK 1.2 billion (US$129.3 million) deal will see the company deliver the subsea production system.   The scope of work includes ten vertical subsea trees, two manifolds, wellheads,…

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