Shell’s subsidiary, Sabah Shell Petroleum Company, the operator of the Malikai tension-leg platform (TLP) located offshore Sabah, is investing in the second phase of the Malikai deep-water development. The project, which involves the drilling of two additional oil producing wells and four water injection…
There are many types, the basic ones are ordinary carbon steel, J55, L80, N80, P110, etc; then there are more special materials, such as 3Cr, 9Cr, 13Cr, 22Cr, etc, which are mainly carbon dioxide-resistant; and materials which prevent hydrogen sulphide, such as 90SS, 95SS, etc….
Wood Mackenzie expects an upsurge in major oil and gas project sanctions in the Asia/Pacific region this year. New developments incurring US$35 billion of expenditure cold go forward to produce 4.6 Bboe, compared with just US$5.5 billion and 1.2 Bboe in 2019. Wood…
Our World is drowning in waste and the focus on this dilemma tends to be directed at plastic waste, minimising, recycling and repurposing. What about the massive “forgotten” waste stream which is mostly of natural origin, wood and vegetative waste? According to agencies like…
Wintershall Dea has entered into an agreement with RDG GmbH & Co KG (“RDG”) to sell its operated participating interests in certain oil concessions mainly located in Southern Germany. The concessions include Aitingen (Wintershall Dea’s interest: 33.33%), Schwabmuenchen (100%), Lauben/Bedernau (50%) and Hebertshausen (100%),…
Australia has become the largest exporter of LNG on an annualized basis with an estimated 77.514 million tonnes shipped from the country’s ten LNG projects during 2019. Qatar is second with an expected 75 million tonnes of LNG exports in the period. The US…
As the security situation in the Middle East remains volatile, the Maritime Administration (MARAD) of the United States Department of Transportation has issued MSCI alert 2020-001B. The alert warns the commercial shipping of the threat from Iran and its Proxies in the Persian Gulf,…
Escalating US / Iran tensions bring further premium hikes across multiple lines Insurance premiums are expected to escalate further across numerous lines on the back of rising tensions between the US and Iran. Lloyd’s confirms insurance classes for modernised syndication pilot As part of…
In addition to the already published European orders received end of 2019, in December the Nordex Group was awarded on top to those orders a contract to install the Dutch wind farm “De Drentse Monden en Oostermoer” (DMO) as well. The manufacturer will supply…
Norwegian oil and gas company Equinor and its partners in the Statfjord area have identified and approved plans to extend production from the field towards 2040. A new business plan will ensure even higher use of resources, extract more value from the field, and allow…
