The Aruban government and its wholly owned Refineria di Aruba NV (RdA) have initiated the process to attract a new operator, as well as new investors, for former Valero Energy Corporation’s 235,000-b/d refinery and terminal in San Nicolas, Aruba, following official termination in early 2020…
Premier Oil has announced that the Group’s creditors have approved the acquisition of the Andrew Area and Shearwater assets (together, the ‘BP acquisitions’) under the amended terms. The BP Acquisitions remain conditional on finalisation of the sale and purchase agreement, the refinancing of Premier’s…
Chancellor Angela Merkel has decried new US sanctions against the Nord Stream 2 pipeline as “not compatible” with Germany’s interpretation of legal standards and called on the project to be completed. “We will act in this context,” Ms Merkel said in Berlin on the…
Keppel Data Centres, Chevron, Pan-United, and Surbana Jurong, with the support of Singapore’s National Research Foundation, have signed a memorandum of understanding (MoU) to jointly develop the first end-to-end decarbonisation process and carbon capture system in Singapore. Keppel said on the 2nd July that…
Dutch shipping company Doeksen has officially commissioned the Willem Barentsz, the first of its two new 70-m ferries, on 1 July in Harlingen. The occasion also marked the premiere of the twin 16-cylinder MTU gas engines from Rolls-Royce aboard the ferry which together deliver…
Eni has discovered gas at the Bashrush prospect in the North El Hammad licence offshore Egypt’s Nile Delta. The new discovery is in 22 metres (72 feet) of water, 11 km (7 miles) from the coast and 12 km (7.5 miles) north-west of the…
Uruguay’s state oil company Administración Nacional de Combustibles Alcohol y Pórtland (ANCAP) has let a contract to KBR Inc to provide technology for a new unit to be added as part of a strategic upgrading project at ANCAP’s 50,000-b/d Eduardo Acevedo Vázquez refining complex at…
When the extent of the coronavirus or COVID-19 pandemic and its impact on oil demand became apparent towards the tail end of the first quarter of 2020, US shale players near universally feared a slump to sub-US$20 per barrel crude prices. It meant those…
Offshore helicopter operator NHV Group has won a new long-term contract to provide helicopter services for Shell. The gig with Shell started on Wednesday, 1 July 2020. Under the three-year agreement, daily flights will depart from NHV’s bases in Den Helder and Norwich…
Vantage Drilling International has entered into a contract with Eni Montenegro for its premium jack-up rig, the Topaz Driller, to perform drilling services offshore of Montenegro for 180 days. Ihab Toma, the Company’s Chief Executive Officer, commented: ‘We are very pleased to announce this…
