On the 17th August Panama signed an agreement with the US Treasury and Energy departments aimed at paving the way for more private investment to expand the importation and distribution of US liquefied natural gas in Latin America. David Malpass, Treasury undersecretary for international…
Wood will provide maintenance services, modifications, and shutdown support as part of the contract which covers Shell’s onshore facilities in Batangas and offshore assets in the Malampaya field, near Palawan Island in the Philippines. The contract will be supported by Wood’s established local presence…
The state-run Basra Oil Company (BOC) has signed a memorandum of understanding with US oil company Chevron to develop oil fields BOC announced the start of the first phase of work and cooperation with Chevron to develop some oil fields and the establishment of…
Maersk Drilling will become a stand-alone company next year as its parent company continues its exit from the oil and gas business. A.P. Moller-Maersk, Copenhagen, separated its transportation and energy businesses two years ago and cut energy investment. Last year, it sold Maersk…
Equinor has contracted Aibel to perform hook-up of the P1 process platform and connecting bridge UB002 to the living quarter platform at the Johan Sverdrup field complex in the North Sea. This programme was an option in Aibel’s initial contract for hook-up of the…
Guzman Energy Group – a full-service energy company whose services include providing wholesale power, energy trading and hedging services – has announced that it has secured US$130 million in additional liquidity to continue to expand its efforts to deliver cheaper and greener energy to consumers…
A federal judge in Montana has ordered the US State Department to do a full environmental review of a revised route for the Keystone XL oil pipeline, possibly delaying its construction and dealing another setback to TransCanada Corporation. For more than a decade, environmentalists,…
Industry body UK Onshore Oil and Gas (UKOOG) has welcomed the decision to grant Ineos planning permission for an exploration site at Bramleymoor Lane in Derbyshire. “This follows a successful appeal which saw thorough representation on both sides of the debate,” UKOOG Chief Executive…
The Australian government will make a review into the commercial value of south-east Australian offshore petroleum titles in order develop offshore reserves “as soon as possible,” warning that some companies might lose retention leases if inactive. Minister for Resources and Northern Australia Matt Canavan…
The PSA said on the 16th August that it had given consent to Aker BP to use the Maersk Invincible drilling rig on the Valhall Flank North (VFN) and Valhall Flank South (VFS) fields. The consent applies to the use of Maersk Invincible for production…
