There are 27 oil tanker vessels with more than 20 million barrels of crude anchored off the coast of Southern California, waiting to offload their cargoes as coronavirus pandemic shatters demand for oil. “Due to the unique nature of this situation, the US Coast…
Sasol Ltd and partner Total SA have completed fully suspending operations until further notice at their jointly owned National Petroleum Refiners of South Africa (Pty) Ltd (Natref) 108,000-b/d refinery in Sasolburg, South Africa, amid reduced regional demand resulting from measures aimed at reducing the spread…
Delmar Systems Inc has completed the 200th mooring line release using its RAR Plus releasable mooring system. The milestone was achieved during Equinor’s Barents Sea drilling campaign with Odfjell’s semi-submersible Deepsea Atlantic. The rig disconnection was performed in less than an hour and…
SDX Energy, the MENA-focused oil and gas company, has provided an update on well-testing operations at the SD-12X (‘Sobhi’; SDX 100% working interest) discovery well in the South Disouq Exploration Permit onshore Nile Delta, Egypt (SDX 55% working interest). The drill stem test (DST)…
Oil advanced as traders eye a production slowdown that has resulted from the coronavirus-led weaker demand environment. Futures gained 20% in New York on the 23rd April. With crude trading below US$20-a-barrel, US production has declined rapidly, now at the lowest since last July….
In the ongoing saga of the oil price slump triggered by the coronavirus or Covid-19 global pandemic, the sub-plot of Iran – a key OPEC crude exporter sanctioned by the US and one of the world’s most troubling pandemic hotspots – has largely gone under…
Australia-based Triangle Energy has identified three key opportunities which could be drilled and developed from the existing Cliff Head Alpha platform offshore Western Australia. Triangle said on the 23rd April that the drilling opportunities were identified during the now completed Cliff Head Renewal Project…
Van Oord’s Aeolus has installed 77 foundations for Blauwwind’s Borssele III & IV wind farm in the Dutch North Sea. The company’s cable-laying vessel Nexus has also installed four out of the 12 cable strings. The project will soon start with the installation…
Geronimo Energy, a National Grid company, and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the Prairie Wolf Solar Project (Prairie Wolf) in Coles County, Illinois. The contract marks the second renewable energy VPPA executed between Cargill and Geronimo, the first being for a…
Subsea 7 has announced the award of a substantial (1) contract by Vattenfall for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project, located between 18-36 km off the Dutch coast in the North Sea. The contracted work scope includes the transport and…
