News

  • Canada’s Oil Industry Hit With Key Pipeline Delay

    Canada’s already beaten-down oil industry is facing a fresh setback as regulatory issues bog down another key pipeline project.   The roughly one-year delay to Enbridge Inc’s expansion of its Line 3 conduit, announced last week, threatens to prolong a shortage of pipeline space that…

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  • Energean Oil & Gas commences drilling campaign in Israel

    Energean Oil and Gas, the oil and gas producer focused on the Mediterranean, has commenced its 2019 drilling programme in Israel, which consists of three development wells and Karish North.   Following this four-well campaign, Energean has a further six drilling options available in its…

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  • Tanzania’s GASCO invites tender for gas pipeline equipment

    Gas Company (Tanzania) Limited (GASCO) has invited sealed tenders from eligible suppliers of supply and installation of back-up sever and integration with existing SCADA system for Madimba GPP and Gas Pipeline.   Tendering will be conducted through the National Competitive Bidding procedures specified in the…

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  • Equinor to link oil discovery to Visund field systems

    Together with partners Petoro, ConocoPhillips, and Repsol Equinor is considering linking a recent oil discovery made with the Telesto exploration well in the Tampen area in the northern North Sea to existing infrastructure in Visund field. Resources are estimated at 12-28 million bbl of recoverable…

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  • Insurance Jottings

    EIOPA issues no-deal Brexit contract continuity recommendations European Insurance and Occupational Pensions Authority (EIOPA) has issued guidance for European regulators to ensure insurance contract continuity if the UK leaves the European Union with no deal.   The UK is set to leave the EU on…

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  • Lundin takes West Bollsta offshore rig on a 10-well contract

    Northern Drilling has won a contract for its harsh environment newbuild semi-submersible rig West Bollsta with Lundin Petroleum in Norway.   John Fredriksen’s Northern Drilling said the drilling program for the rig, previously known as Bollsta Dolphin, included the development of the Luno II field and…

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  • ExxonMobil Okays Baton Rouge Expansion Despite Hurdles

    On the 1st March Exxon Mobil reported that it will construct a new polypropylene (PP) production unit in Baton Rouge, Louisiana, increasing its US Gulf Coast PP production capacity by 450,000 tons per year.   “Growth in feedstock supply along with the increase in global…

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  • BP lets contract for Tortue gas field off Mauritania, Senegal

    BP has let a contract to TechnipFMC for the engineering, procurement, construction, installation, and commissioning of a floating production, storage, and offloading unit to be deployed offshore on the maritime border of Mauritania and Senegal, moving forward Phase 1 of the Greater Tortue Ahmeyim natural…

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