Heerema orders piles for Noble’s Leviathan field from EEW

Steel pipe construction specialist EEW Special Pipe Constructions GmbH has received an order from the Dutch company Heerema Marine Contractors (HMC) for 16 pin piles for Noble Energy’s Leviathan project offshore Israel.   EEW said that the piles were required for anchoring the Leviathan production…

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Norway’s largest oil pipeline reaches Johan Sverdrup field

Last week Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, reached the Equinor-operated Johan Sverdrup field in the North Sea.   Equinor announced on the 10th September that, late last week, the last pipe of what is now Norway’s longest and largest…

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Ophir Energy closes acquisition of Santos’ Asian assets

Santos said on the 7th September that the transaction was completed for cash proceeds of US$144 million.   The sum represents the sale price of US$221 million after standard adjustments including net free cash flows generated by the assets and received by Santos from the…

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Production Restarted at Baiji Refinery

Oil Minister Jabar Ali al-Luaibi  announced on the 9th September the full rehabilitation of the Salahaddin-2 unit at Baiji oil refinery.   The refinery was shut down in 2014 due to the actions of the Islamic State group (IS, ISIS, ISIL, Daesh).   The Salahaddin-2…

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International tribunal rules for Chevron in ongoing Ecuador case

An international tribunal administered by the Permanent Court of Arbitration in The Hague found that a US$9.5-billion judgment that Ecuador’s government lodged against Chevron Corporation in 2011 violated international treaties, investment agreements, and international law.   Ecuador breached its obligations under a 1995 settlement agreement…

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Repsol Signs 20-Year LNG Supply Deal with Calcasieu Pass Developer

Repsol has entered into a 20-year, binding sales and purchase agreement for the supply of one million tonnes per annum (mtpa) of liquefied natural gas from the proposed ten-mtpa Venture Global Calcasieu Pass LNG export facility in south-western Louisiana, Venture Global LNG, Inc reported on…

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Iran seeking outside help for heavy oil Ferdowsi development

National Iranian Oil Company (NIOC) is looking for assistance to develop the giant heavy oil Ferdowsi field in the Persian Gulf, according to news service Shana.   The field, discovered in 1966, also contains gas in its Dalana and Kangan layers, in 1966.   The…

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EnQuest to buy the rest of Magnus field from BP

EnQuest has exercised an option to acquire the remaining 75% interest in the Magnus field in the UK North Sea from BP.   EnQuest said on the 7th September that the company would exercise certain options relating to the Magnus, Thistle, and Deveron fields.  …

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Full speed ahead for TurkStream pipeline

Allseas-owned giant multi-purpose vessel Pioneering Spirit has completed more than 80 percent of TurkStream’s offshore section in the Black Sea.   Offshore services provider Allseas said via social media on the 7th September that the Pioneering Spirit vessel completed around 81 percent of the overall…

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