EOS Risk Group, a global professional security services company, has released a half-year report on Nigerian Piracy in the Gulf of Guinea. A notable feature of this report is the return of ‘petro-piracy’, a phrase used to describe tanker hijackings for product theft. …
BP has exercised a US$2-million option to extend the charter of the Safe Caledonia west of Shetland by a further month. The semi-submersible accommodation support rig started a five-month firm term at the Clair Ridge development in May, which now runs to end-November. …
Offshore oil and gas company Kosmos Energy will begin drilling operations on the Pontoenoe well offshore Suriname during August, hoping to replicate ExxonMobil’s exploration successes recently made in neighbouring Guyana. Kosmos said on the 6th August in its second quarter 2018 report that Pontoenoe…
RDS, a KCA Deutag business, and Kavin Engineering and Services have entered into a strategic alliance jointly to pursue design and engineering projects across the upstream and midstream oil and gas market. KCA Deutag said on the 6th August that RDS, a drilling facilities…
The US has been unable to persuade China to cut Iranian oil imports, according to two officials familiar with the negotiations, dealing a blow to President Trump’s efforts to isolate the Islamic Republic after his withdrawal from the 2015 nuclear accord. Beijing has, however,…
An international group is collaborating on a project to determine whether a new-concept reusable production buoy could be applied to smaller North Sea oil and gas reservoirs. Crondall Energy developed the technology and its subsidiary Buoyant Production Technologies is managing the study, co-funded by…
The development of the giant Leviathan gas field in the Mediterranean Sea, offshore Israel is nearly 60 percent complete. This is according to Noble Energy, the operator of the field, who shared the progress update as part of its quarterly report on the 3rd…
Teekay Offshore has ordered two more LNG-powered shuttle tankers from Samsung Heavy Industries, on top of four already on order. On the 2nd August the shipowner confirmed that the order for two Aframax DP2 shuttle tanker new-builds had been placed in late July. A shuttle tanker is a vessel used…
Baker Hughes has been awarded a contract by the South Gas Company of Iraq (SGC) for fast-track solutions to help the recovery of flare gas for Nassiriya and Al Gharraf [Garraf] oilfields. The importance of the project was highlighted by the attendance of several…
Stena Drilling has contracted Damen Verolme Rotterdam (DVR) for a refit of its semisubmersible drilling rig Stena Don. The vessel is expected to arrive at DVR in October and remain there for around three months. DVR will install an eight-point mooring system prior…
