News

  • Arctic LNG 2 Train 1 on track for 2022 completion

    Train 1 of PAO Novatek’s 19.8-million tonne/year (tpy) Arctic LNG 2 liquefaction plant on Russia’s Gydan peninsula (northern Siberia) remains on track for completion by end-2022.   Novatek updated the project’s status following a meeting between partner companies’ chief executive officers.   Novatek said Arctic…

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  • Equinor, Aker BP Set Terms for Norwegian Shelf Development

    Equinor and Aker BP have agreed on commercial terms for a coordinated development of the Krafla, Fulla and North of Alvheim (NOA) licences on the Norwegian Continental Shelf (NCS), Equinor reported last week.   Aker BP operates the NOA and Fulla licences and Equinor operates…

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  • APPO, take action – oil and gas year is not lost, AEC says

    The African Energy Chamber (AEC), a chamber of networks, transactions, and partnerships at the forefront of Africa’s growing energy industries, has urged member countries of the African Petroleum Producers Organisation (APPO) to take action and support the oil sector at its meeting this week.  …

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  • US government grants 12 royalty cuts for offshore drillers

    The Trump administration has approved 12 applications for reductions in royalty payments from offshore drilling companies, according to Reuters.   Those companies have been reeling from reduced demand for fuel and lower oil prices, according to the agency that processes such requests.   In an…

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  • Insurance Jottings

    Insurers Distance Themselves from Disputed Australia Coal Project as Backlash Grows Global insurance companies linked to Adani’s Carmichael coal mine in Australia are distancing themselves from the controversial development, as pressure mounts on financial institutions to cut their ties to the fossil fuel industry.  …

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  • Offshore Group Calls for UK Quarantine Exemption

    As part of its ongoing COVID-19 response, the UK Government earlier this week unveiled a series of restrictions requiring a 14-day quarantine period for travellers entering the country.   Five industry associations – acting under the auspices of their Offshore Industry Group organisation –urged the…

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  • Dutch shipyard picks Ampelmann gangway for new icebreaker

    Dutch offshore access provider Ampelmann has secured a contract from Royal Niestern Sander, a member of the Royal Wagenborg Group, for the sale of a winterised A-type motion compensated gangway system.   Ampelmann said on Thursday that the new winterised A-type gangway combines features of…

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  • Castoro Sei installs Adriatic Sea gas pipeline

    Saipem’s Castoro Sei has completed laying the 105-km (65-miles) long offshore section of the Trans Adriatic Pipeline (TAP) across the Adriatic Sea.   TAP is an 878-km (545-miles) long pipeline system that will transport gas from the Shah Deniz II field in the Azerbaijani sector…

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