News

  • Kish pipeline shore pull completed offshore Iran

    Shore-pulling operations have finished for an extension of the Kish-Garzeh offshore gas pipeline project in the Persian Gulf.   Pars Oil and Gas Company official Abdullah Mehrabi told news service Shana that the programme on the 2.2-km (1.37-mile) subsea pipeline extension started on the 21st…

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  • Marathon permanently idles two US refineries

    Marathon Petroleum Corporation is permanently shuttering crude oil processing at two of its US refineries as part of the operator’s strategy to increase its overall competitiveness as a result of decreased product demand caused by the ongoing coronavirus health crisis.   MPC has decided to…

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  • Land Rig Uptick Could Emerge Next Year

    Changes in the number of operating US land drilling rigs will likely remain unimpressive through this year, but 2021 could bring a rig count rebound – albeit a measured one.   So says one of Rigzone’s regular market-watchers, Matthew Veazey. Keep reading to learn the…

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  • NEO Energy wraps up buy of Total’s UK North Sea assets

    NEO Energy has completed the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from two Total subsidiaries.   NEO Energy said on the 3rd August that the assets were bought from Total Oil UK and Total E&P North Sea…

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  • Zion Oil and Gas receives approval for next well in Israel

    Zion Oil & Gas has announced formal approval from the Israel Ministry of Energy of its drilling plan for the Megiddo Jezreel-2 well on the 99,000-acre Megiddo-Jezreel licence area, onshore Israel   ‘The amount of progress has been miraculous given the strains on the Israeli…

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  • Alfa Lift to debut at Dogger Bank A offshore the UK

    OHT Alfa Lift AS has signed the contract for the transport and installation of foundations for the first phase of Dogger Bank offshore wind farm, Dogger Bank A.   The contract for the second phase, Dogger Bank B, is expected to follow in due course,…

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  • EU Begins to Tackle Cyber Warfare with Targeted Sanctions

    Taking a firm geopolitical stand, the European Union has imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on.   As part of the measures, the six individuals and assets of…

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  • GM Plans National EV Charging Network

    General Motors is working with electric-vehicle charging operator EVgo to build a nationwide fast-charging infrastructure as the automaker prepares a major push into battery-powered models.   The two companies will jointly invest in 2,750 fast chargers in cities and suburbs across the US as GM…

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  • EnQuest to operate Bressay field as Equinor halves interest

    Equinor has agreed to sell a 40.8125 per cent interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to EnQuest.   The initial consideration is £2.2 million (US$2.9 million), payable as a carry against 50 per cent of…

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