News

  • Gasunie rolls out Porthos CO2 offshore pipeline set-up tender

    Dutch natural gas infrastructure and transportation company Gasunie is seeking a contactor for CO2 offshore pipeline installation from Port of Rotterdam to the riser of the offshore platform as part of the Porthos CCS project.   The Porthos project centres on the capture and storage…

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  • Alberta Ends Oil Sands Production Experiment

    Alberta’s two-year experiment with OPEC-style crude production curbs is coming to an end after a Covid-driven collapse in demand led the Canadian province’s battered oil-sands industry to idle more output than required.   A cap on production that’s currently at 3.81 million barrels a day…

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  • America Steps Forward To Expand Nuclear Power

    NextEra’s investment in renewables has helped it become the most valuable power company in the US, recently passing ExxonMobil in terms of market capitalisation. To continue capitalising on the broad trends driving the sector, it’s also making a multi-pronged foray into green hydrogen.   The…

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  • BW Offshore places BW Umuroa into voluntary liquidation

    The Board of Directors of BW Umuroa Pte Ltd (BWU), a wholly owned subsidiary of BW Offshore, has resolved to place BWU into voluntary liquidation.   BWU is the owner and operator of the FPSO Umuroa which is presently located on the Tui oil field offshore New…

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  • Santos lining up more wells at Bayu-Undan in the Timor Sea

    Santos is working on plans for a further phase of infill drilling at the Bayu-Undan field in the Timor Sea offshore northern Australia.   The programme, comprising an additional three development wells, is designed to optimise field recovery and extend field life and production at…

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  • ARA Petroleum Tanzania operates Ruvuma PSA following farm-in

    ARA Petroleum Tanzania Ltd (APT) has completed farm-in of the Ruvuma petroleum sharing agreement (PSA) in Tanzania when Ndovu Resources Ltd, a wholly owned subsidiary of Aminex, transferred 50% interest in the PSA to APT.   Ruvuma PSA consists of two blocks, Mtwara and Lindi,…

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  • US expands Nord Stream 2 sanctions guidance

    The US Department of State has issued new guidance regarding sanctions against construction of the 55-billion cu m/year Nord Stream 2 natural gas pipeline running between Russia and Germany in the Baltic Sea.   Previous sanctions levied under the Protecting Europe’s Energy Security Act of…

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  • People in the News

    Marsh JLT Specialty hires Aon’s Hale to lead London Market power and renewables Marsh JLT Specialty has brought in Rob Hale from Aon to lead its London Market power and renewable energy practice. He is due to start there early next year.   New GuideOne…

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  • Fluor Unit Wins Peru Pipeline Contract

    A consortium which includes the Stork subsidiary of Fluor Corporation has won an approximately five-year pipeline maintenance contract, Fluor reported on the 20th October.   Compañia Operadora de Gas, S A C (COGA) awarded the contract to the consortium of Consorcio Mantenimiento de Gasoductos del…

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  • Wintershall granted Dvalin start-up approval

    Wintershall DEA Norge expects start-up of Dvalin natural gas field in the Norwegian Sea in November-December.   Star-tup approval from authorities has been granted, the Norwegian Petroleum Directorate said on the 21st October. The field, in PL435, is estimated to hold recoverable gas reserves of…

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