Occidental Petroleum Corporation has agreed to sell Wyoming, Colorado, and Utah land grant assets to Orion Mine Finance for US$1.33 billion. The transaction, which is expected to close in this year’s fourth quarter, has a footprint of about 4.5 million mineral acres and 1…
Veteran energy consultant Matthew Veazey offers his perspective on what a Biden administration could mean for the oil and gas industry. Democratic Presidential nominee Joe Biden’s stance on the issue of hydraulic fracturing has been unclear. During a debate with then-rival US Senator Bernie…
Bosch Rexroth and Barge Master have introduced a new autonomous landing system for motion compensated gangways. The system is said to automatically attach the landing to the required site without the need for manual input through a combination of radar technology, cameras and sensors….
Polish natural gas transmission system operator Gaz-System SA has awarded Nova People – together with its subcontractors Fulkrum Technical Resources (UK) and PUI EKO-INWEST SA (Poland) – a contract to provide specialised personnel to support survey, construction, and inspection for both offshore pipelay and landfall…
Republic Services (NYSE: RSG) and energy partners Aria Energy and BP (NYSE: BP) have announced the start-up of a landfill-gas-to-renewable-natural-gas (RNG) project at South Shelby Landfill. The project directly supports Republic’s commitment to send 50 percent more landfill gas to beneficial reuse by 2030. …
ndonesia’s upstream regulator SKK Migas has approved the plan of development for the Paus Biru gas field in the offshore Sampang PSC. Santos operates the field, which was discovered in December 2018. According to partner Cue Energy, production will come from a single…
Britain’s offshore oil and gas decommissioning costs have fallen by 2% to £48 billion (US$63.6 billion), according to the latest estimate from the Oil and Gas Authority (OGA). Its “UKCS Decommissioning Cost Estimate 2020” shows that total decommissioning costs across the sector have come…
Wakashio shipowners pollution liability for Mauritius oil spill capped at US$66 million The amount insurers of Nagashiki – the owner of MV Wakashio – will be liable to compensate for pollution following the vessel’s grounding off the coast of Mauritius is limited to US$66.3 million….
The US Department of the Interior (DOI) announced on the 18th August that it has formalised its partnership with the Norwegian Ministry of Petroleum and Energy to strengthen cooperation in offshore mineral, oil and gas and wind energy activities. The Deputy Secretary of the…
Dutch offshore access provider Ampelmann has signed a three-year contract with a subsidiary of oil major Shell for work in Asia Pacific. Ampelmann said on the 19th August that the contract was awarded by Brunei Shell Petroleum. According to the company, Ampelmann will…
