News

  • Grassroots methanol-to-olefins complex planned for Uzbekistan

    Jizzakh Petroleum JV LLC, a joint venture of JSC Uzbekneftegaz and Gazprom International SA subsidiary Gas Project Development Central Asia AG, has signed on as a major investor in a project to build a grassroots gas chemical complex based on methanol-to-olefins (MTO) technology in south-western…

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  • Turkey to continue exploring disputed area in East Mediterranean

    Turkey said on the 31st August that its Oruc Reis exploration vessel will carry out seismic surveys in a disputed area of the eastern Mediterranean until the 12th September, provoking an angry response from neighbouring Greece.   Turkey and Greece, NATO allies, vehemently disagree over…

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  • Total Enters Giant Korean Floating Wind Projects

    Total SE will team up with Macquarie Group’s green bank to develop more than two gigawatts of floating wind farms off South Korea, the latest push by the French oil and gas giant to diversify into clean energy.   Total and European peers such as…

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  • OGA sees opportunities ahead for UK North Sea projects

    Britain’s Oil & Gas Authority (OGA) is working with North Sea operators and the supply chain to stimulate new activity on the UK continental shelf (UKCS).   During last week’s Road to Recovery – UK Oil and Gas Industry Action’ presentations, organised by Oil &…

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  • Turkmenistan and Japan discuss progress on second Turkmen GTG plant

    State-owned Turkmengaz and Japan’s Kawasaki Heavy Industries Ltd are advancing plans for a proposed expansion of Turkmengaz’s recently commissioned natural gas-to-gasoline (GTG) complex at Ovadan-Depe near Ashgabat, in Turkmenistan’s Akhal region.   In a virtual meeting on the 26th August heads of the companies reviewed…

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  • UK Oil Will Struggle for Semi-subs in 2021

    UK oil companies will struggle to find semi-subs for work in 2021.   That is according to Teresa Wilkie – an offshore rig market analyst for offshore rig brokerage, advisory and project development company Bassoe Offshore – who made the statement in a report posted…

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  • Offshore Norway drilling rig audited remotely

    Tymor Marine has completed a remotely-conducted deadweight audit of a semi-submersible drilling rig offshore Norway for an unnamed drilling contractor.   Performing the audit remotely enabled the rig to comply with its statutory obligations on schedule and return to service without delay, the company said,…

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