News

  • South Pars platform goes back online offshore Iran

    Pars Oil and Gas Company (POGC) has re-started operations at the South Pars Phase 16 gas production platform in the Persian Gulf.   Production had to be shut down following damage to part of the offshore export pipeline in November 2019.   Following reconstruction and…

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  • Danish North Sea reservoir is suited to CO2 storage

    DNV GL has confirmed the feasibility of converting the Nini West reservoir in the Danish North Sea to serve as a CO2 store.   According to Maersk Drilling, following certification of feasibility to DNV GL’s Carbon Capture and Storage certification regime and the international standard,…

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  • BP to Invest More in Middle East Oil Fields

    BP Plc has said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions.   The company is a major producer in countries such as Iraq, where it operates the world’s…

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  • DNV GL suspends Nord Stream 2 work dreading US sanctions

    Classification society DNV GL has suspended work on Gazprom’s Nord Stream 2 gas pipeline project over fears of sanctions by the United States.   The United States want to stop the project as it fears the pipeline would strengthen Russia’s economic and political influence over…

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  • Genel announces First Oil at Sarta

    Genel Energy has announced first oil production from the Sarta field (Genel 30% working interest), less than 21 months after the acquisition of the stake was completed.   Production has begun at Sarta with first oil flowing from the Sarta-3 well into the Early Production…

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  • AFBE-UK Scotland launches mentoring programme for next generation

    AFBE-UK Scotland, an organisation which encourages greater diversity and inclusion in the energy and engineering sectors, is launching a mentoring programme. The social enterprise’s latest project, unveiled on the 28th November, has been introduced to inspire the next generation of industry professionals and create leaders in the…

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  • Insurance Jottings

    High Court approval of Lloyd’s Brexit transfer ensures continuity of cover for customers Lloyd’s confirmed on the 25th November that it has received final approval from the High Court of England and Wales to transfer EEA policies to Lloyd’s Insurance Company SA, with its registered…

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  • Keppel Bags Multimillion FPSO Deal

    Keppel Offshore & Marine Ltd revealed on the 26th November that its wholly owned subsidiary, Keppel Shipyard Ltd, has secured a contract from “a repeat customer” worth around US$75 million (S$100 million) for fabrication and integration work on a Floating Production Storage and Offloading vessel….

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  • BP and Ithaca produce first oil from North Sea project

    Partners BP and Ithaca Energy have started production from the Vorlich development, located in the UK North Sea. The project was the target of environmental protests back in 2019.   Announcing the project start-up on the 26th November, BP said this was the third major…

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