The US Department of Energy (DOE) has announced the re-establishment of its Arctic Energy Office (AEO), which will be located on the campus of the University of Alaska, Fairbanks. According to its new website, the AEO will lead cross-cutting operations in the Arctic with a mission…
AI and Robotics Ventures (ARV), a subsidiary of PTT Exploration and Production, and Mermaid Subsea Services (Thailand) have formed a joint venture called ZeaQuest to develop subsea AI and robotic technologies. The aim is to provide underwater IRM services to oil & gas and…
More than 200 people joined OGUK’s Industry Insights webinar for young professionals (Thursday, the 17th September) to hear how the sector is working to advance new technologies on the route to net zero. The free event, sponsored by Halliburton, centred around the skills required…
Indonesia’s decision to offer a choice between gross split and cost recovery for new licences is a positive step, according to Wood Mackenzie. In 2017 the government announced new gross split terms to production-sharing contracts in an attempt to lessen bureaucracy and improve efficiency…
Gazprom chairman Alexey Miller has told Russian president Vladimir Putin in a working meeting that design and survey work on the 50 billion cu m/year Power of Siberia 2 natural gas pipeline is continuing as anticipated. Work on the line, which would deliver gas…
Global LNG supply has grown 2%, or four million tons, year-to-date, showing deceleration in the pace of growth, data from McKinsey Energy Insights show. US remains the largest contributor to market growth this year with around eight million tons of additional LNG, although its…
Neptune Energy has announced that it has extended its contract with CHC Helicopters covering the Dutch sector of the North Sea for a further two years. The deal will see CHC continue to conduct all helicopter flight transfers for personnel to and from Neptune’s 29…
The British government has set a goal to reach net-zero emissions by 2050 and electrification of oil and gas platforms on the UK continental shelf (UKCS) should play an important role in efforts to achieve this target. A Rystad Energy analysis shows that UK…
The District Court of The Hague has ruled in favour of Chevron in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration. In its unanimous award, issued pursuant to…
Jan De Nul Group’s jack-up vessel Taillevent has installed the first turbine for the Taiwan Power Company’s (TPC) Changhua Phase 1 offshore wind farm project. With the first wind turbine installation completed, the project team will proceed with the commissioning process, along with the…
