News

  • Rapid Iran Oil Comeback Now Looks Less Likely

    Iran’s oil comeback, already taking longer than many traders expected, will be further complicated by last week’s deadly drone attack on a tanker in the Gulf of Oman, which the US, UK and Israel all blamed on Tehran.   With talks held up by a change of…

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  • Aker BP’s Hod platform set for installation in North Sea

    The topside of the normally unmanned wellhead platform for the Hod field has been transported from Aker Solutions’ yard in Verdal to the Aker BP-operated field in the North Sea off Norway.   This is the second project for the Fixed Facilities Alliance, which was…

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  • Saturn begins drilling programme targeting Viking light oil

    Saturn Oil & Gas Inc, Calgary, has begun a three-well development drilling programme in West Central Saskatchewan.   Saturn will drill three extended reach horizontal (ERH) wells targeting light oil in the Viking formation. Each well will be 100% working interest to Saturn with the…

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  • Shell Delivers First Gas from Barracuda Project

    Shell Trinidad and Tobago (through BG International, a subsidiary of Royal Dutch Shell Plc) has announced that production has started on Block 5C in the East Coast Marine Area (ECMA) in Trinidad and Tobago.   This marks a significant milestone in the delivery of gas…

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  • Oil Tanker Attack Emulates Shadow War

    Whilst unconfirmed, the attack on the MT Mercer Street oil tanker emulates that of the ongoing Israel/Iran shadow war which has seen a tit for tat exchange of attacks on vessels.   That’s what Dryad Global’s latest Maritime Security Threat Assessment, which was updated on…

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  • World’s longest ETH pipeline installed at Fenja field

    Neptune Energy has completed the installation and testing of the electrically trace-heated (ETH) subsea production pipeline at its Fenja field in the Norwegian sea.   Said to be the world’s longest, the 37-kilometre ETH will transport oil from the Fenja field to the Njord A…

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  • Santos, Oil Search move closer to merger

    Santos and Oil Search have agreed on conditional terms for a full merger.   If approved by the respective shareholders, this would create – according to Santos – a regional champion possessing a diversified portfolio of long-life, low-cost assets across Australia, Timor-Leste, Papua New Guinea,…

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