Following the mega-auction of production-sharing rights in the Brazilian presalt on the 6th November, Petroleo Brasileiro SA (Petrobras) will serve as operator with a 90% stake in a consortium with CNODC Brasil Petroleo e Gas Ltda (5% stake) and CNOOC Petroleum Brasil Ltda (5% stake)…
It is the first of three ABS-classed, semi-submersible type units designed by Principle Power housing MHI Vestas turbines that will make up for a total of 25 MWs of floating offshore wind power. This is continental Europe’s first larger scale floating wind farm, 20…
Titan LNG has announced that, as part of a joint effort with the Port of Ijmuiden and the OD IJmond, the first LNG bunkering operation involving the Werkendam LNG powered crane vessel has been completed. Jippe van Eijnatten, director business development at Titan LNG,…
Royal Boskalis Westminster N.V. has commissioned Huisman to deliver a 4,000-metric ton offshore mast crane for its vessel Bokalift 2. With a lifting capacity of 4,000 metric tons at 100 metres (328 feet) above deck, this crane is said to be able to lift…
The Bureau of Land Management (BLM) Alaska State Office will hold an oil and gas lease sale bid opening for 350 tracts in the National Petroleum Reserve in Alaska (NPR-A). The oil and gas lease sale bid opening will be at 10 am (AKST)…
The days of relentless production growth from US shale oil fields are ending, potentially aiding OPEC’s years-long effort to drain a worldwide supply glut, according to industry pioneers Scott Sheffield and Mark Papa. Investor calls for shale producers to shut down rigs and stop burning through…
UK authorities have approved the decommissioning plan for the subsea infrastructure and associated infield pipelines on the Chrysaor-operated MacCulloch field, located in the UK North Sea. The decommissioning plan draft for the MacCulloch field was submitted by former operator ConocoPhillips back in June 2019….
Equinor Energy AS and its partners will drill an appraisal well in the northern North Sea to determine whether an oil and gas discovery at Echino South, three kilometres south-west of Fram field, will be tied back to existing Troll-Fram infrastructure. Preliminary estimates place…
China National Nuclear Corporation (CNNC) is a nuclear power plant constructor and operator specialising in nuclear defence, nuclear power, nuclear fuels and nuclear technologies. According to CNNC, the installation of the Heart for International Thermonuclear Experimental Reactor (ITER), an international big science project only…
Nigeria’s National Assembly has voted through the first-ever change to royalty within the country’s Deep Offshore and Inland Basin Production Sharing Contract (PSC) Act. According to consultant Wood Mackenzie, the main points of the amendment bill are as follows: Replacement of the current…
