Unique Group has signed an agreement to acquire five DriX unmanned surface vessels (USV) from iXblue. The new additions are designed for a wide range of tasks such as geophysical and hydrographic surveys, touchdown monitoring of pipelines, subsea positioning, and ROV/AUV tracking. DriX, with its…
AIM-listed Solo Oil has announced that its wholly owned subsidiary, Scirocco (Netherlands) Energy, has entered into a binding sale and purchase agreement with ONE-Dyas to acquire a package of non-operated interests in natural gas fields from ONE-Dyas in the Dutch sector of the North Sea…
Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the North Sea using the West Hercules drilling rig. The well 32/4-3 S belongs to production licence 921. The well has been given…
Giant ocean-going tankers built the liquefied natural gas industry into a US$150-billion-a-year business. The next expansion opportunity may come from ships a seventh of the normal size. Fifty-five years after the first commercial LNG tanker sailed from Algeria, this segment of the gas industry…
In its latest short-term energy outlook, the US Energy Information Administration forecasts global liquid fuels inventories in 2020 will build by an average of 300,000 b/d as supply growth outside the Organization of the Petroleum Exporting Countries (OPEC) outpaces growth in global liquid fuels demand….
The 8th October marked another milestone in Dominica’s journey towards a majority reliance on renewable energy and a carbon negative future. The Ministry of Trade, Energy and Employment and the Dominica Geothermal Development Company announced that well testing on the site of the new…
UK Oil & Gas (UKOG) has announced that the planned simultaneous drilling and test production operations (‘sim-ops’) at Horse Hill have been successfully implemented. Continuous Kimmeridge oil production from Horse Hill-1 (‘HH-1’) has been maintained since the start of the Horse Hill-2/2z horizontal drilling…
Offshore drilling contractor Shelf Drilling has secured a three-year contract extension for the High Island VII jack-up rig. The rig owner said on the 9th October that the extension is in direct continuation of the rig’s current contract for drilling operations in the Arabian…
Exxon Mobil has awarded a JGC Corporation-led group a contract to develop its Mozambique liquefied natural-gas project, which is set to be the biggest-ever private investment in Africa. Japanese company JGC will be joined by Fluor and TechnipFMC to develop the Rovuma LNG project,…
The government of India is extending an additional US$236-million line of credit to the government of Mongolia for the country’s first refinery project now under construction on 150 hectares in Altanshiree Soum near Sainshand in the south-eastern province of Dornogovi. The new line of…
