News

  • Ghana is set to open sub-Saharan Africa’s first liquefied natural gas-to-power project as it moves to position itself as a hub for the cleaner and cheaper fuel in the region.   LNG-to-power projects have been booming from Asian to Latin American in recent years as…

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  • Saudi Arabia ends blockade of Qatar

    In June 2017 Saudi Arabia, Egypt, the United Arab Emirates and Bahrain commenced a blockade on Qatar by land, air and sea. The decision to sever relationships with Qatar was seen as an attempt to force them to change a number of diplomatic policies, in…

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  • PGNiG granted regulatory approval for North Sea acquisitions

    PGNiG Upstream Norway has received formal approvals from the Norwegian petroleum authority to acquire interests in licences covering Equinor-operated Kvitebjørn and Valemon fields in the North Sea.   Interests in four licences were acquired by the PGNiG SA subsidiary in September 2020 from Norske Shell….

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  • Prosafe support rig heading to Trinidad and Tobago

    Prosafe has signed a contract with an unnamed company to provide accommodation and construction support using the Safe Concordia in Trinidad and Tobago.   The contract is expected to start in 2Q 2021.   Source: Offshore Magazine

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  • Petronas assumes operatorship of E11 gas hub offshore Sarawak

    Petronas Carigali Sdn Bhd (PCSB) has taken over operatorship of the E11 gas hub 130 km offshore Bintulu, Sarawak, effective  the 1st January 2021.   The hub, which has been producing since 1982 under the Malaysia LNG production sharing contract, had been operated by Sarawak…

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  • Neptune adds more work to Deepsea Yantai rig backlog

    Offshore drilling contractor Odfjell Drilling has secured more work for the Deepsea Yantai drilling rig from Neptune Energy for operations offshore Norway.   The Deepsea Yantai rig – formerly known as the Beacon Atlantic – is owned by China’s CIMC and managed by the Norwegian…

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  • Keystone Pipeline Open Season Begins

    On the 6th January TC Energy Corporation kicked off an open season for binding commitments for crude oil transportation services on the Keystone Pipeline System from Harding, Alberta, to Patoka, Illinois, the Calgary-based company reported.   The 2,687-mile (4,324-kilometre Keystone Pipeline System links Alberta crude…

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  • Offshore Bahamas well continues following judicial review

    A Bahamian justice official has declined to grant orders requested by environmental groups that would impact the offshore Perseverance #1 well.   According to operator Bahamas Petroleum Company (BPC), this means that the present drilling operation will continue.   However, an application against the government…

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