Iranian oil tanker fire in East China Sea

Iranian oil tanker Sanchi (IMO 9356608) caught fire in the East China Sea on the 6th January after colliding with Hong Kong-flagged Chinese cargo vessel CF Crystal (IMO 9497050) about 160 nautical miles off the coast of Shanghai, leaving the tanker’s 32 crew – 30…

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People in the News

Standard Club appoints new head of New York office Mutual insurance association The Standard Club has appointed Leanne O’Loughlin president/regional director of Charles Taylor P&I Management (Americas), succeeding LeRoy Lambert, who has assumed the role of general counsel.   Leanne joined The Standard Club’s London…

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Borealis lets Belgian PDH FEED-study pact

Borealis AG, Vienna, has let a contract to Jacobs Engineering Group Inc, Dallas, to complete a front-end engineering design (FEED) study for its proposed propane dehydrogenation (PDH) plant at the operator’s existing production site in Kallo, near Antwerp.   As part of the FEED study,…

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Oil firms agree to cut methane emissions

BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total, and Wintershall have committed to further reduce methane emissions from natural gas operations.   The companies signed a Guiding Principles document in 2017 put forth by the Climate and Clean Air Coalition (CCAC) to address priority areas for…

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Uruguay announces promotional activities for Round 3 bidding

After successful announcements in Houston and London of Uruguay Round 3, for which 17 offshore areas for exploration and production of hydrocarbons are being offered, the process of qualification of oil companies has already started.   Scheduled promotion activities for 2018 Houston: – Presentation at…

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Eni takes charge of offshore Morocco, northern Australia leases

Eni has signed a petroleum agreement with Moroccan state company ONHYM on taking a 75% operated stake in the Tarfaya Offshore shallow exploration permits I-XII.   These are in the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan, and Tarfaya.   Exploration rights…

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