News

  • Study Finds GoM Offshore Industry at Risk

    Potential leasing and drilling bans threaten the Gulf of Mexico (GoM) oil and natural gas industry’s contribution to US energy production, employment, gross domestic product (GDP) and government revenues, according to a new National Ocean Industries Association (NOIA) study.   Citing calls for no offshore…

    Read more
  • Pandemic Will Hasten Demise of Many Oil Refineries

    Who needs a loss-making, inflexible oil refinery in a world where demand for petroleum has been obliterated? We’re about to find out.   When consumption of transport fuels collapsed this year because of coronavirus, much of the industry moved into survival mode, cutting processing rates…

    Read more
  • Equinor to restart Hammerfest LNG plant on the 18th June

    Norwegian energy giant Equinor plans to bring back online its Hammerfest liquefied natural gas export plant on the 18th June following planned maintenance.   The LNG operator said earlier this month it would close the export facility for scheduled maintenance for two weeks starting on…

    Read more
  • Well decommissioning under way on North Sea Rubie, Renee fields

    Petrofac’s Engineering & Production Services division has started a well decommissioning contract for the Rubie and Renee fields in the UK central North Sea, 200 km (124 miles) north-east of Aberdeen.   Over the next three months, the company will provide well operator, engineering and…

    Read more
  • ReconAfrica begins Namibia exploration campaign

    Reconnaissance Energy Africa (ReconAfrica) has begun site preparation at two drilling locations in the Kavango sedimentary basin in northeast Namibia and plans to drill its first well in this year’s fourth quarter.   The main objectives of the wells are to confirm organic rich shales…

    Read more
  • Oil and Gas CEOs Reaffirm Climate Action Focus

    On the 26th May, Chief executive officers of leading global oil and gas companies issued an open letter reiterating their commitment to addressing climate change and facilitating actions that lower the energy industry’s carbon intensity.   Under the auspices of a group called the Oil…

    Read more
  • SeaMade inter-array cables installed offshore Belgium

    DEME Offshore’s installation vessel Living Stone has completed the inter-array cable laying works at the SeaMade offshore wind farm in the Belgian North Sea.   The company was responsible for the engineering, procurement, construction, and installation of the 64 inter-array cables, with a total length…

    Read more