Offshore helicopter operator NHV Group has won a new long-term contract with Spirit Energy to provide passenger transfer services in support of its East Irish Sea operations. NHV said on the 5th May that the operations were foreseen to start in December 2020 and…
The KRG’s Regional Council of Oil and Gas Affairs has published a report containing verified statistics covering the Kurdistan Region’s oil exports, consumption and revenues for 2019. The report, available in Kurdish, English and Arabic, provides a quarterly analysis of oil export information and…
Westinghouse Electric Company has announced that a 3D-printed thimble plugging device has been successfully installed in Exelon’s Byron Unit 1 nuclear plant during their spring refuelling outage. It is a first-of-a-kind installation for the nuclear industry. Additive manufacturing, also known as 3D printing, is an…
Public consultation has opened on potential areas for the Australia’s 2020 offshore petroleum exploration acreage release. Minister for Resources, Water and Northern Australia Keith Pitt said 49 areas have been nominated by the oil and gas industry offshore from Western Australia, Northern Territory, Victoria…
Cabot Oil & Gas Corporation expects to drill, complete and produce 60 to 70 natural gas wells in 2020, with two-thirds placed on production between mid-May and late August. In the first quarter, the company drilled 22 wells and completed 13. Details were provided…
RIMS acknowledges drawbacks in forcing insurers to retroactively cover BI The chairman of RIMS’s external affairs committee has said the society recognises the challenges which would result from retroactively forcing insurers to cover business interruption losses, despite it sounding good for insureds in theory. …
The global imbalance between oil supply and demand is set to halve to 13.6 million barrels per day (bpd) in May. That is according to a new Rystad Energy analysis, which predicted a further fall to 6.1 million bpd in June. Rystad warned, however,…
Saipem has won a gas pipeline transportation and installation contract between Denmark and Poland in the Baltic Sea. The contract, signed by its controlled subsidiary in the UK, Saipem Ltd, is worth approximately €280 million. The Baltic Pipe Project is a strategic infrastructure…
XCD Energy has announced that Conoco Phillips has confirmed, during its First Quarter Earnings Conference Call, that it encountered hydrocarbons from the one well it has drilled on its Harpoon exploration prospect, which is interpreted to be directly on trend and analogous to XCD Energy’s…
Santos’ option to farm into the WA-488-P permit offshore northern Australia has lapsed, leaving Melbana Energy to seek new partners. The permit contains the potentially giant Beehive prospect in the Bonaparte Gulf between the producing Blacktip gas field and the undeveloped Turtle and Barnett…
