News

  • GateHouse Maritime to Monitor Gas Pipeline in the Baltic Sea

    Poland’s GAZ-SYSTEMS has awarded offshore surveillance, maritime analytics and data company GateHouse Maritime a five-year contract to monitor a new gas pipeline in the Baltic Sea, the companies announced.   GateHouse, which is headquartered in Denmark, will provide data analytics to automate monitoring of the…

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  • Kistos to acquire Tulip Oil Netherlands

    Kistos Plc has agreed to acquire the entire issued and outstanding share capital of Tulip Oil Netherlands BV from Tulip Oil Holding BV.   Tulip Oil Netherlands is operator (60%) in Q10-A offshore gas field with interests in other Dutch North Sea fields including Q10-B,…

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  • Qatar Ships First UAE Oil Cargo Since Embargo End

    Qatar exported what appears to be its first oil cargo to a Persian Gulf neighbour since the United Arab Emirates and three other countries agreed to restore ties with Doha in January.   Qatar loaded about 700,000 barrels of oil onto the tanker Abu Dhabi-III on the…

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  • CHC to take over Babcock’s oil and gas business

    CHC Group, an offshore helicopter services provider, has entered into a conditional agreement for the acquisition of the Oil and Gas aviation business of Babcock International Group.   The business provides offshore oil and gas crew transportation services in the UK, Denmark and Australia.  …

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  • Equinor finds oil in the Barents Sea

    Equinor has proven more oil close to its Johan Castberg development in the Barents Sea.   The semi-submersible Transocean Enabler drilled well 7220/7-4 in production licence 532, 10 km (6.2 miles) south-west of well 7220/8-1 on the Johan Castberg field, in 351 m (1,151 ft)…

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  • Cash Infusion Provides Push for New Central European Gas Pipeline

    In August, the European Bank for Reconstruction and Development (EBRD) acquired a 25% stake in Vestmoldtransgaz.   As Moldova’s state-owned pipelines operator, the company is responsible for Moldova’s newly built 74.5-mile (120-km) Ungheni-Chisinau gas pipeline.   EBRD acquired their new stake from Transgaz, the parent…

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  • Biden administration to restore full scope of migratory bird protections

    The Interior Department has rescinded a Trump administration legal opinion which narrowed protections for migratory birds and Interior will revoke a regulatory rule which followed from that legal opinion, according to an Interior spokesperson on the 8th March.   For oil companies, the Biden administration’s…

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