Investment in the UK and Norwegian offshore sectors should rise next year, according to Westwood Global Energy Group, with exploration potentially recovering to 2019 levels. On the UK continental shelf, production looks set to fall slightly to 1.64 MMboe/d, due to operators this year…
Pakistan will start building a 1,100 kilometre (684 mile) pipeline in July with Russia that will allow the South Asian nation to operate more liquefied natural gas terminals. The South Asian nation will have a majority share of 51% to 74% in the project,…
On the 18th December, BP and India’s Reliance Industries announced the start of production from the R Cluster, an ultra-deep-water gas field in block KG D6 off the east coast of India. Reliance and BP are developing three deep-water gas projects in block KG…
Van Oord has contracted Vard in Norway to build a DP-2 cable-laying vessel. The vessel, based on the VARD 9 02 design, is expected to be fully operational in 2023. According to the company, the vessel has been designed with sustainable technologies to…
GE Renewable Energy has signed a Design Build Agreement (DBA) with Chelan County PUD, a US public utility, to start the design process for the rehabilitation of eight Bulb generating units at Rock Island Powerhouse 2 in the United States. “These units were installed…
Aker BP and licence partners will go forward with development of Gråsel in the Norwegian Sea, about 210 km west of Sandnessjøen. Final investment decision was made on the 17th December. First oil is expected fourth-quarter 2021. Gråsel (Grey Seal) is within the…
The Australian government plans to accelerate gas exploration and development in the Beetaloo sub-basin onshore Northern Territory. Minister for Resources, Water and Northern Australia, Keith Pitt, said the government will provide up to A$50 million for exploration which occurs before the 30th June 2022….
A coalition of US oil and gas companies called The Environmental Partnership has launched a new programme under which they will report data to gauge annual progress in reducing flaring in their upstream operations, the American Petroleum Institute (API) reported on the 16th December. …
A revised Strategy from the UK’s petroleum regulator Oil & Gas Authority (OGA), featuring a range of new net-zero obligations for the UK oil and gas industry, was submitted for laying before the UK Parliament on Wednesday, 16 December 2020. The revised strategy reflects…
Lloyd’s Register North America Inc (LR) has signed an agreement for a joint development project (JDP) with Northeast Technical Services Company Inc (NETSCo) to design and develop a Jones Act-compliant wind turbine installation vessel. The Jones Act, or Merchant Marine Act of 1920, requires…
