Abu Dhabi National Oil Company plans to build in Fujairah what it calls “the world’s largest single underground project ever awarded for oil storage.” It let an engineering, procurement, and construction contract to SK Engineering & Construction Company Ltd, Seoul, for three underground storage…
Manufacturing giant Ineos is to invest £1 billion in the UK in projects it says will keep its British operations world-class for a generation. The biggest investment of £500 million is in the Forties Pipeline System (FPS), which will transform the asset and extend…
Belgium’s offshore energy and dredging contractor DEME has merged its subsidiaries GeoSea, Tideway, A2Sea, and EverSea into one single entity – DEME Offshore. “Over the past decade the activities of GeoSea, Tideway, A2Sea, and EverSea, have experienced strong growth in a fast-evolving offshore energy market. Today…
BP Trinidad and Tobago (BPTT) has produced first gas from the Angelin development. The project was delivered on time and under budget, the company said. The Angelin development, originally discovered by the El Diablo well in 1995, includes a new platform and four…
Independent oil and gas company RockRose Energy Plc has signed an agreement to acquire 100 percent of Marathon Oil UK LLC (MOUK) and 100 percent of Marathon Oil West of Shetland Limited (MOWOS) from subsidiaries of Marathon Oil Corporation. The consideration payable by RockRose…
Thailand will open its 21st round of bidding for offshore oil and gas licences in June, according to Energy Minister Siri Jirapongphan. The official said terms will be production-sharing with 25% ownership reserved for Thai state enterprises, the Bangkok Post reported. Mr Jirapongphan…
Alinta Energy has announced that it will go ahead with the 214MW Yandin wind farm, north of Perth, and build what will be the biggest wind farm in Western Australia, just beating the 207MW Collgar facility in the state’s wheat-belt. Yandin has been on…
88 Energy has advised the following in relation to its oil and gas operations on the North Slope of Alaska. Highlights: Winx-1 Drilling of interval containing primary Nanushuk targets (@~4,500′) commenced 25th February (AK time): current depth ~2,640′ Western Leases – Winx-1 Exploration…
Noble Corporation’s recently bought Noble Johnny Whitstine jack-up rig has left Singapore to begin its first drilling contract in Saudi Arabia. Noble said via social media last week that the Noble Johnny Whitstine jack-up was on the move and that it had left Singapore….
ADNOC has entered a midstream pipeline infrastructure partnership with institutional investors KKR and BlackRock. They have agreed to form a new entity called ADNOC Oil Pipelines – Sole Proprietorship LLC (ADNOC Oil Pipelines). Over a 23-year period this will lease ADNOC’s interest in 18…
