News

  • Offshore Indonesia gas field trio close to start-up

    Premier Oil anticipates first gas from its Bison, Iguana and Gajah Puteri (BIG-P) fields offshore Indonesia by year-end.   The three-well development drilling program finished in September, with installation completed last month of the subsea structures and flexible risers.   Connection of the umbilicals is…

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  • Equinor Buys Inspection Services for Over US$380 million

    Equinor has chosen suppliers for inspection services on all its offshore installations on the Norwegian continental shelf and onshore plants in Norway.   Equinor revealed on the 15th November that it has chosen suppliers for inspection services on all its offshore installations on the Norwegian…

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  • Saipem bags clutch of deals worth £685 million

    Italian oilfield services firm Saipem has won a subsea contract in Guyana, as well as additional work in regions including the North Sea, worth £684.6 million.   The company has been awarded work by ExxonMobil subsidiary Esso Exploration and Production Guyana at the Payara development…

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  • ExxonMobil lets contract for UK refinery upgrade

    ExxonMobil has let a contract to Fluor for a series of services related to the operator’s previously announced expansion project to increase production of ultralow-sulphur diesel by nearly 45% at affiliate Esso Petroleum Company Ltd’s (EPCL) 270,000-b/d Fawley refinery near Southampton.   Following its completion…

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  • ADNOC Drilling Announces Major Rig Fleet Expansion

    ADNOC Drilling has announced a “major” rig fleet expansion programme “to support ADNOC’s upstream growth plans”.   As part of the first phase of the programme, ADNOC has acquired four UAE-built land rigs with a total value of over US$95 million (AED 350 million). Following…

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  • Ulstein develops its first hydrogen-powered offshore vessel design

    Norwegian shipbuilder and designer Ulstein has developed a hydrogen-powered ship design, offering zero-emission marine operations for the offshore construction market.   According to Ulstein, hydrogen is considered as the ultimate zero-emission solution. In a statement on the 14th November, Ulstein said that its first hydrogen-powered ship…

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  • Italy’s Saipem to consider combining with rival Subsea 7

    Saipem SpA is considering a combination with rival Subsea 7 SA to create a larger European oil services provider,   The Italian company is pursuing a potential deal with Norway’s Subsea 7 as it seeks to bulk up and weather an industry downturn, according to…

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  • Romanian refinery commissions vapour recovery unit

    Rompetrol Rafinare SA, a member company of KMG International Group, has completed installation of a fully automated vapour recovery unit at the auto and rail loading points of its 8,000-b/d Vega refinery in Pahova County, near Ploiesti, Romania.   The US$2.3-million investment, which aims to…

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