News

  • Trudeau Pledges Tighter Rules for Oil Companies

    Prime Minister Justin Trudeau has said his government would require Canada’s oil and gas sector to set benchmarks to reduce emissions if he is re-elected.   In a platform published on the 29th August, the Liberals pledged to force oil and gas companies to set five-year targets…

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  • Algeria Hints at Non-Renewal of Contract for Gas Pipeline Crossing Morocco

    On the 26th August Algeria hinted at the possibility of ending gas supplies to Morocco in October, two days after cutting diplomatic ties with the Kingdom.   Morocco currently is provided with natural gas through the Maghreb-Europe pipeline which links Algeria to Spain and runs across the Kingdom. The contract for…

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  • Deep-water rigs vulnerable to cyber-attacks

    Cyber defence provider Naval Dome and a major international operating company have completed a joint two-year project to identify and mitigate cyber risks common to deep-water drilling rigs.   The project’s findings indicate that the minimum industry guidelines, regulations, and security techniques are out of…

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  • Tanker Owners Say Aging Fleet Points to Illicit Crude Flows

    The world’s fleet of giant supertankers is the oldest it has been since 2002, the latest sign of an illicit trade which owners say is damaging business.   Publicly traded shipowners have said for months that the transport of sanctioned cargoes from Iran and Venezuela…

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  • Rosneft begins geological research on eastern Arctic shelf

    Rosneft Oil Company has implemented a comprehensive long-term research programme in the Arctic. The expedition started from Murmansk and will include geological, weather, and environmental surveys.   The drilling vessel Bavenit is heading to the Laptev Sea to drill shallow stratigraphic wells in the Eastern…

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  • DEME upgrading jack-up vessel with Huisman crane

    DEME Offshore has contracted Huisman to build a new crane for the DP-2 jack-up installation vessel Sea Installer.   crane’s lifting capacity is expected to increase from 900 metric tons (992 tons) to 1,600 metric tons (1,764 tons). The new crane will enable the Sea…

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