Union Jack Oil acquires further interest in PEDL 253 Biscathorpe

AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced the acquisition of a further 3% of PEDL253 containing the Biscathorpe project and the signing of a legally binding and confidential settlement agreement between Egdon Resources U.K. (acting on…

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MDL supports Jotun FPSO disconnection offshore Norway

Maritime Developments (MDL) has completed a decommissioning program supporting Ocean Installer on Vår Energi’s Balder X project in the Norwegian North Sea.   MDL provided SURF equipment, a project engineering team, and offshore personnel to help recover risers and umbilicals on the Jotun A FPSO,…

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TechnipFMC Bags Multi-Million Dollar Equinor Deals

Equinor announced on the 23rd June that it has awarded two contracts, and issued a letter of intent, to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS).   The projects comprise Breidablikk and the Gas Import System for…

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ADNOC Sells US$10 billion Stake in Pipelines

Abu Dhabi has sold a US$10.1 billion stake in its natural-gas pipelines to a consortium led by Global Infrastructure Partners, in the biggest infrastructure acquisition so far this year.   The investors, including Brookfield Asset Management Inc and Singapore’s sovereign wealth fund, will buy a…

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LOC scores Johan Sverdrup job with Equinor

International marine and engineering consulting firm LOC Group has been awarded a new scope of work on the Johan Sverdrup oil field with Norwegian oil major Equinor.   LOC said on the 23rd June that the contract was awarded to the Norwegian entity of the…

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Turbine installation under way at SeaMade offshore Belgium

DEME Offshore’s Apollo has installed the first of 58 turbines at Otary’s SeaMade offshore wind farm in the Belgian North Sea.   The Apollo loaded the first wind turbine components at the Renewable Energy Base Ostend, which is used as the marshalling harbour for the…

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Energean completes Karish sales gas pipelay

Energean Plc has completed installation of the sales gas export pipeline and main deep-water production systems in the Karish and Tanin development project, offshore Israel.   Karish development is now 80% complete, according to Energean.   TechnipFMC completed core installation of 90.3 km of 30-…

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Insurance Jottings

New Zealand EQC renews NZ$6.2bn Aon-placed reinsurance programme New Zealand’s Earthquake Commission (EQC) has renewed its NZ$6.2 billion ($4.0 billion) reinsurance programme for the forthcoming year, with the cover provided by the Aon-placed programme unchanged from last year.   The premium is NZ$185.7 million for…

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