News

  • Shell to explore CCUS opportunities with KazMunayGas

    Oil major Shell and Kazakhstan’s state-owned oil and gas company KazMunayGas (KMG) have signed a Memorandum of Cooperation in the area of CO2 Capture Utilisation and Storage Technology (CCUS).   The signing ceremony was attended by KMG Board Chairman Alik Aidarbayev and Senior Vice President…

    Read more
  • Delek exiting Tamar offshore Israel

    Mubadala Petroleum has agreed to acquire Delek Drilling’s 22% non-operated stake in the Tamar gas field offshore Israel for US$1.025 billion, subject to certain adjustments.   The companies have signed a sales and purchase agreement.   The current partners in the Tamar project are Delek…

    Read more
  • UK Faces Stark Energy Choice

    The UK faces a stark energy choice; invest in its offshore industry to build energy security, jobs and a managed green transition, or rely on other countries for its energy needs.   That’s according to industry body Oil & Gas UK (OGUK), whose recently published…

    Read more
  • Third Rhum well goes online for Serica

    Oil and gas company Serica Energy has started production from the Rhum R3 well in the UK North Sea, some 16 years after it was originally drilled.   Rhum is a gas condensate field producing from two subsea wells, R1 and R2, tied into the…

    Read more
  • Van Oord to install Taranto foundations, turbines offshore Italy

    Renexia SpA, a subsidiary of Toto Holding, has contracted Van Oord to transport and install ten foundations and turbines at the Taranto wind farm offshore Italy.   Van Oord’s installation vessel MPI Resolution has set sail to Italy to install the monopiles, secondary steel, and…

    Read more
  • Volvo Takes Largest Order of Electric Trucks in North America

    Performance Team – A Maersk Company, a warehousing and distribution company, has placed an order for 16 Volvo VNR Electric Class 8 trucks-the largest commercial order of the North American zero-tailpipe emission model to date.   The VNR Electric model from Volvo Trucks North America…

    Read more