News

  • BP: Arundel field begins production

    BP has started oil production from the Arundel field, one of two North Sea fields sanctioned in 2016.   Located 15 kilometres north of the Andrew platform in the central North Sea, the Arundel field was discovered in 2000, with further appraisal wells drilled in…

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  • First construction contracts awarded for Saudi maritime yard

    Lamprell expects all conditions to be completed by year-end for the proposed new maritime yard in Saudi Arabia.   In May, the fabricator signed a joint venture agreement with Saudi Aramco, Bahri, and Hyundai Heavy Industries (HHI) to establish and operate the facility through a…

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  • ABB And Northvolt Partner for Europe’s Largest Battery Factory

    ABB and Northvolt have signed a Memorandum of Understanding (MoU) for a wide-ranging supply and technology partnership, including products and services for Northvolt’s state-of-the-art lithium-ion battery factory and close collaboration on development of battery solutions and R&D activities. ABB Technology Ventures (ATV) will support the…

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  • Turkey Threatens to Invade Iraq, Cut Off Oil Pipeline

    Initial results for the Kurdish independence referendum show that around 95 percent of people voted in favour of separation from Iraq and the formation of an independent Kurdistan state.   Turkish President Recep Tayyip Erdoğan has threatened to invade Iraq, and said he could cut…

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  • Hansa, ONE open Rotliegend gas play in the Dutch North Sea

    Hansa Hydrocarbons has discovered gas in the Ruby structure in the Dutch North Sea, on the median line with the German sector.   The N05-1 exploration well, drilled by the Paragon jack-up Prospector-1, on the GEms licenses, encountering significant volumes of gas, the company said,…

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  • ABB Wins Contract from CSTS Joint Operation in Indonesia

    ABB has been selected by the CSTS Joint Operation to supply prefabricated electric substations for the Tangguh liquefied natural gas expansion project.   The CSTS Joint Operation is led by Indonesian EPC contractor, Tripatra, along with Chiyoda, Saipem and Suluh Ardhi Engineering.   CSTS is…

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  • Total strikes provisional deal for offshore Guyana farm-in

    Total has secured an option agreement to acquire a 25% interest from Eco (Atlantic) Oil & Gas in the Orinduik block offshore Guyana.   Currently Eco Guyana has a 40% share of the block, with operator Tullow holding the remaining 60%.   The concession offsets…

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  • Damen set to deliver AMPI fast crew supplier

    Albwardy Damen is set to deliver the new fast crew supplier Damen FCS 4008, named AMPI, to Dubai-based Marine Core & Charter LLC.   The AMPI is the first of two identical vessels for the same client, who is an integrated offshore support and marine…

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  • ExxonMobil Expands Methane Emissions Reduction Programme

    ExxonMobil has announced an enhanced programme to reduce methane emissions from its production and midstream facilities across the United States.   The programme, which builds on the company’s longstanding commitment to emissions reduction, prioritises actions at sites operated by subsidiary XTO Energy and includes efforts…

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