News

  • Petrofac Wins Contract for 25 UKCS Wells

    Petrofac reported on the 29th July that its Engineering and Production Services (EPS) unit has won a two-year contract from NEO Energy.   The NEO Energy agreement calls on Petrofac to provide well management and well operator support  for 25 UK Continental Shelf (UKCS) production…

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  • Total sells Gabon assets to Perenco

    French oil major Total has decided to divest its portfolio of mature non-operated assets located offshore Gabon to Perenco.   Total said on the 30th July that its 58 per cent owned affiliate, Total Gabon, has signed an agreement with Perenco to divest its interests…

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  • How to Harvest Energy From Your Surroundings

    Life on Earth cannot continue without electrical energy, and a new form of renewable power which doesn’t need batteries is coming to the fore. In the near future, neutrinovoltaic devices will power every electrical appliance in the world, which Neutrino Energy Group founder Holger Thorsten…

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  • Rystad Foresees New Oil Supply Glut

    A new four-month oil supply glut of approximately 170 million barrels should result from the partial return in August of curtailed OPEC+ production, Rystad Energy predicts in a new analysis.   The consultancy bases its prediction on the assumption that “a mild second wave” of…

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  • Ampelmann to support Ithaca’s project in North Sea

    Dutch offshore access provider Ampelmann has secured a contract with Olympic Shipping to support topside commissioning work on Ithaca Energy’s FPF-1 offshore semi-submersible in the North Sea.   Amplemann explained on the 29th July, the combination of the Ampelmann E-type system and the Olympic Taurus…

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  • Blue Offshore transports HKZ wind farm cables

    Van Oord has contracted Blue Offshore to supply a full cable transport spread for both the Hollandse Kust (zuid) Alpha and Beta campaigns.   On Sunday, the 19th July, the tug Kamarina and barge CC Atlantique carrying more than 8,000 metric tons of high voltage…

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