TechnipFMC has reported that it has signed an engineering, procurement and construction (EPC) contract worth more than US$1 billion with Assiut National Oil Processing Company (ANOPC) for a new hydrocracking complex in Egypt. In a written statement emailed to Rigzone, TechnipFMC stated the EPC…
At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to one million barrels a day of output. Cenovus Energy Inc, Husky Energy Inc and Baytex Energy Corporation are among companies…
The American Bureau of Shipping (ABS) has conducted a remote survey for steel certification at a steel mill to enable work on two Lamprell’s self-elevating drilling rigs. ABS said on the 7th July that the survey, which it described as “pioneering”, enabled work to…
Ørsted and Taiwan-based TSMC have signed a corporate power purchase agreement (CPPA). TSMC will offtake the full production from Ørsted’s 920MW Greater Changhua 2b & 4 offshore wind farm, making it the largest-ever contract of its kind within renewable energy. The 20-year fixed-price…
Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development, following its work on phase 1. The value of the fixed part of…
Simply Blue Energy has taken the first steps to establish the Emerald project, a floating offshore wind farm in the Celtic Sea. The company has applied to the Irish Department of Housing, Local Government & Heritage for a licence to carry out initial site…
Total SA and partners will begin a multi-well drilling programme on Block 11B/12B in September with spud of Luiperd-1. The Odfjell Deepsea Stavanger semisubmersible rig has departed Bergin, Norway, for South Africa to perform the drilling, partner Africa Energy Corporation said on the 2nd…
Eni SpA became the latest oil company to cut its long-term price assumptions, saying the coronavirus pandemic would have a lasting impact on the industry. Eni now sees benchmark Brent crude at US$60 a barrel in 2023 real terms, down from a previous estimate…
Woodside is preparing to drill an exploration well offshore Australia and its environment plan for the Gemtree-A well is now under assessment with the Australian regulator. Woodside submitted its plan to drill a single exploration well, named Gemtree-A, within Permit Area WA-49-L in late…
Tethys Oil has announced that the Government of the Sultanate of Oman and Tethys Oil have entered into an Exploration and Production Sharing Agreement (EPSA) for Block 58 onshore Oman. The block is located in the southern part of the Sultanate adjacent to Tethys…
