News

  • Ocean Edge Services backs subsea ops off Guyana

    Ocean Edge Services has entered into an agreement with Atlantic Marine Supplies to support the needs of existing and new subsea operations in Guyana.   The agreement comes as part of the need for servicing offshore oil production needs in Guyana, Ocean Edge Services said….

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  • Lukoil adding catalytic cracking capacity at Perm refinery

    PJSC Lukoil is advancing construction of a grassroots catalytic cracking complex at subsidiary LLC Lukoil -Permnefteorgsintez’s 13.1-million tonnes/year (tpy) refinery in Russia’s North Urals region, on the north bank of the Kama River.   Alongside its 1.8-million tpy catalytic cracking unit, the proposed complex also…

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  • Insurance Jottings

    Gallagher: First examples of upstream energy rate reductions appearing In a new global energy insurance market update, Gallagher has revealed upstream rates are up 2.5 percent to 10 percent overall with the first examples of reductions appearing, while the downstream market is increasingly reintroducing layered…

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  • German Court to Rule on Nord Stream 2 Gas Link on the 25th August

    A German regional court will decide on the 25th August whether European Union rules requiring the separation of energy production from transportation and trade must be applied to the Nord Stream 2 (NS 2) gas pipeline, the court’s website showed on the 19th August.   The ruling…

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  • Maersk Drilling’s jack-up hired by Harbour Energy for UKCS work

    UK-based oil and gas company Harbour Energy has hired Maersk Drilling’s jack-up rig Maersk Innovator to drill three subsea development wells in the North Sea.   The development wells are located in Block 28/9 near the Harbour Energy-operated Catcher field, on the UK Continental Shelf….

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  • Service Company Opens New Aberdeen Centre

    Construction services provider Speedy has announced that it has opened a new regional service centre in Aberdeen to support businesses working across the oil and gas supply chain to quickly access crucial equipment.   Located in Denmore Industrial Estate, the 13,200 square foot centre is…

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  • Neptune Energy granted North Sea drilling permit

    Neptune Energy Norge AS has been granted a permit by the Norwegian Petroleum Directorate to drill in the North Sea.   Well 33/6-5 S—the fourth exploration well in production licence 882—will be drilled from the Deepsea Yantai drilling about eight km north-west of Snorre field…

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  • Vattenfall and Westinghouse Extend Valued Partnership

    Westinghouse Electric Company and Vattenfall are extending their long-standing nuclear energy partnership into decommissioning activities through a new agreement.   As part of the arrangement, Westinghouse will segment and dispose of the reactor internals and pressure vessels at Ringhals 1, a Boiling Water Reactor, and…

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  • Aramco Company Joins US$900 million+ Solar Project

    ACWA Power has revealed that Saudi Aramco Power Company (SAPCO), a fully owned company of Saudi Aramco, has joined the Sudair Solar plant consortium.   ACWA Power and Badeel will each own a 35 percent stake in the Sudair One Renewable Energy Company, which was…

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