Austrian oil and gas company OMV has discovered hydrocarbons at an exploration well offshore New Zealand. Reports about the new discovery emerged only days after OMV revealed its decision to postpone further drilling off New Zealand due to the current market situation and the…
Energy services group Three60 Energy has won a framework contract to deliver engineering and support services for minor modification and repair services on Spirit Energy’s UKCS assets. Three60 Energy said on the 14th April that it had secured this contract through its Step Change…
Borr Drilling Ltd has received letters of award for work in the Asia/Pacific region for two of its premium jack-ups, of which one is a new-build being activated. The contracts’ estimated duration, excluding options, are expected to be for 365 days and 200 days,…
Ascent Resources, the onshore European and Caribbean / Hispanic American oil and gas company, has announced its first acquisition in its wider international strategy, a change of Directorate and the issue of equity. Highlights: First transaction in the Company’s Caribbean entry comprising the…
Energean has signed an agreement with the Democritus University of Thrace (DUTH) for the deployment of ODYSSEA instrumentation on the company’s gas production platform in South Kavala, Greece. The equipment will monitor selected oceanographic parameters such as conductivity, water temperature, pH, water level, turbidity, dissolved oxygen, currents…
14 April 2020 The club is aware of warnings issued by maritime security reporting bodies to ships off Iran and the Sulu Sea. In relation to Iran, the UK Maritime Trade Operations (UKMTO) reported an incident where a ship was approached by two suspicious…
The American Petroleum Institute (API) has welcomed the latest OPEC+ agreement to cut global oil production. “This is a significant agreement which will foster increased stability in energy markets to the benefit of both American energy consumers and producers,” API President and CEO Mike…
Austrian oil and gas company OMV has decided to postpone its drilling plans offshore New Zealand and Greenpeace is claiming a win, hoping this would mean the end of OMV’s drilling operations in the country. According to a report by RNZ on the 9th…
Lukoil has started test production at Komandirshorskoye, North Komandirshorskoye, and West Komandirshorskoye fields of the Komandirshorskaya Group, within the Layskiy Bar, Timan-Pechora oil and gas province, Nenets Autonomous District (north Siberia). Oil is transported by winter road to the Kharyaginsky central oil and gas…
According to the latest Reuters report, Sinopec has started building LNG tanks as part of the second phase of its Tianjin LNG terminal project. The plan for the second phase of the project is the construction of five LNG tanks, each with a storage…
