News

  • DNV issues guidance on carbon capture pipelines

    DNV has published new procedures concerning safety level in transporting CO2 through pipelines for carbon capture and storage (CCS) projects.   It follows the CO2SafeArrest joint industry project between Energy Pipelines CRC (Australia) and DNV.   This involved two large-scale CO2 crack arrest tests on…

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  • Al Gihaz Holding (KSA) Completes Investment in Enshore Subsea (UK)

    Al Gihaz Contracting, part of Al Gihaz Holding has announced its acquisition of assets, Intellectual Property and the management systems of Enshore Subsea Ltd, a leading UK based subsea trenching company, providing seabed intervention services to mega-projects across industry around the world.   The acquisition…

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  • Gazprom Repairing North Caucasus-Transcaucasia Gas Pipeline

    More than 120 people and 50 units of machinery are working to repair a section of the North Caucasus-Transcaucasia gas pipeline, Russia’s Gazprom announced.   Gazprom operates the 168-mile (271 km) pipeline, also known as the Mozdok-Tbilisi Pipeline, along with Georgian Oil and Gas Corporation….

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  • Solstad Offshore bags platform supplier deal with Shell

    Norwegian offshore shipowner Solstad Offshore has been awarded a long-term contract for one of its platform supply vessels (PSV) by oil major Shell.   Solstad Offshore said on the 8th April that the contract was awarded by Shell’s Brazilian arm – Shell Brasil Ltda –…

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  • India Prepares to Buy Iran Oil Once Sanctions Eased

    India’s state-run oil refiners are ready to snap up Iranian crude the moment US sanctions are eased, according to a government official.   Refiners have started making preparations in advance of the possible removal of penalties so they can swiftly enter into contracts for Iranian…

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  • Insurance Jottings

    Gallagher acquires Nordic marine and energy broker Parisco Arthur J Gallagher has expanded its Nordic marine capabilities with the acquisition of Oslo-based marine and energy broker Parisco AS.   Suez Canal Must Upgrade to Avoid Future Shipping Disruption: Sources Article in The Insurance Journal  …

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  • Chevron Signs LNG Deal with Hokkaido Gas

    Chevron Corporation announced on the 7th April that its wholly owned subsidiary Chevron USA Inc (Singapore Branch) (CUSA) has signed a deal with Hokkaido Gas Company, Ltd for the delivery of liquefied natural gas from Chevron’s global LNG portfolio to the Hokkaido area in Japan….

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  • Halliburton and Optime Subsea forge global alliance

    Oilfield services giant Halliburton has formed a global strategic alliance with Optime Subsea to jointly commercialise and deploy subsea interventions and controls.   The alliance entails applying Optime Subsea’s Remotely Operated Controls System (ROCS) to Halliburton’s completion landing string services, the alliance partners informed.  …

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  • Eni makes light oil discovery offshore Angola

    Eni has made a light oil discovery in Block 15/06 offshore Angola which will be side-tracked updip to be placed in position as a producer well.   Cuica-1 NFW, drilled on the Cuica exploration prospect inside the Cabaça development area close to the Armada Olombendo…

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