News

  • Shell Opens 430 Million-Litre Lubricants Plant in Singapore

    Shell has opened an integrated lubricants and grease production facility in Tuas, Singapore.   At ten hectares, the site size is equivalent to almost 25 football pitches. It is Shell’s third largest lubricants plant in the world and second largest in Asia-Pacific, capable of producing…

    Read more
  • Nigerian group renews threat to oil flow

    Nigerian oil production came under renewed threat on the 3rd November when a militant group cancelled a ceasefire in effect this year and warned of a “brutish, brutal, and bloody” campaign against oil companies.   The Niger Delta Avengers website called the suspension of hostilities…

    Read more
  • People in the News

    Liberty appoints senior war and terrorism underwriter Liberty Specialty Markets (LSM) has appointed Jennie Beard to the new role of senior underwriter war and terrorism.   Based in LSM’s London headquarters, Ms Beard will report to Paul Beattie, underwriting manager war & terrorism. Ms Beard…

    Read more
  • Lundin drilling focus on Barents Sea, Edvard Grieg

    Lundin Petroleum has issued an update on its exploration and development drilling programmes offshore Norway.   The company has chartered Ocean Rig’s semi-submersible Leiv Eiriksson for a flexible term with multiple well option slots. Lundin currently plans to deploy the rig for all its operated…

    Read more
  • Bluestream Successfully Inspects HVDC Platforms

    Offshore HVDC platforms DolWin alpha, BorWin alpha and DolWin beta in the German section of the North Sea have been fully inspected by Den Helder-based Bluestream, provider of innovative inspection services for the offshore oil, gas and wind industry.   Bluestream’s ability to deliver multidisciplinary…

    Read more
  • Three-year Strategic Plan for Basra Oil and Gas

    The southern Governorate of Iraq, Basra, now has a three-year strategic plan for oil and gas.   As a key pillar of Basra’s economy, this industry is supposed to employ thousands of workers and generate billions of dollars of revenue each year. Unfortunately, the industry…

    Read more
  • Iraq Increases Oil Export Capacity

    Oil Minister Jabar Ali al-Luaibi said on the 2nd November that oil export capacity at Iraq’s southern ports has increased to 4.6 million barrels per day (bpd), following the completion of its fifth single floating terminal.   The new terminal has a capacity of 900,000…

    Read more
  • Third Liwan gas development on track for 2021 start-up

    Husky Energy is working towards sanction of the Liuhua 29-1 development, the third deepwater gas field serving the Liwan gas project in the South China Sea, after concluding a gas sales agreement.   Construction should start next year followed by first gas in 2021. Production…

    Read more