News

  • Woodside to withdraw drilling team from Myanmar

    Woodside Petroleum has decided to withdraw its workers from its drilling program offshore Myanmar in response to suspected human rights violations following the military coup in the country.   Woodside initially continued drilling after the coup in early February but said on the 27th February…

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  • Vestas Secures 126 MW EnVentus Order in Ukraine

    Vestas has announced it has signed the first EnVentus order in the Eastern Europe region for the 126 MW DTEK Tiligulska project in Ukraine, building on a track record of 660 MW already installed by Vestas in Ukraine.   The Tiligulska project is being developed…

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  • People in the News

    Axa XL bolsters UK downstream and power unit with StarStone’s Bishop Axa XL has named StartStone’s Matthew Bishop as downstream and power senior underwriter for the UK and Lloyd’s market.   Lancashire names Jones group head of specialty insurance London-listed Lancashire has named former Axa…

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  • 2021 Could Bring Back Pre-Pandemic Upstream Deal Making

    The number of upstream oil and gas merger and acquisition (M&A) deals dropped by approximately 40 percent in 2020 compared with the previous year, and the value of such deals declined by nearly 50 percent during the period, according to a new report from Deloitte….

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  • ConocoPhillips and 3D Oil JV to run seismic offshore Tasmania

    ConocoPhillips Australia and its joint venture partner, 3D Oil Ltd, Melbourne, have contracted Shearwater Geoservices to run a 3D seismic survey over permit T/49P in the Tasmanian sector of the offshore Otway basin.   The survey, to be conducted by the Geo Coral vessel, will…

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  • Apollo and Vekta Group join forces for offshore wind, oil & gas

    Apollo and Vekta Group have signed a Memorandum of Understanding (MoU) to together provide services across the offshore wind and oil & gas sectors.   The combined service offering brings commercial, project management, yield modelling, power, electrical, mechanical, structural and marine experience.   The two…

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  • Natural Gas, a Mobility and Transportation Option

    On the 12th February Total inaugurated France’s biggest natural gas for vehicle (NGV) and bio-NGV filling station in Gennevilliers.   The event highlights Total’s ambition to become a European leader in the distribution of NGV and bio-NGV. Natural gas is an alternative vehicle fuel and…

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  • Tulip scouting for rig for two North Sea wells

    Tulip Oil has raised gas production from the Q10a field in the Dutch North Sea following the introduction of compression last November.   The field produced 526 MMcm of gas during 2020, down from 620 MMcm the previous year.   Some production was purposely constrained…

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