The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter. The sanctions would be imposed through the Treasury…
Subsea equipment specialist Deep Down has received material orders from two customers totalling approximately US$2 million. The scope of work for these orders includes providing subsea controls equipment. This consist of jumpers, flying leads and also electrical/hydraulic distribution manifold. The company will…
Petronas has made two discoveries offshore Sarawak, the company revealed in its latest results statement. The finds were in the SK407 concession (Kelapa Bali) and SK408 (Remayong). In addition, the company took final investment decisions during 1Q with its partners on three Malaysian…
As more and more customers are seeking to reduce their carbon footprint, Scania now launches its concept for hybrid and fully electric power systems. “Our in-house developed electrification concept draws on our experience from electrifying on-road vehicles,” said Joel Granath, Senior Vice President, Scania….
Adani Green Energy (AGEL) has won the first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI). As a part of the award, AGEL will develop 8 GW of solar projects along with a commitment that will see…
Newly reprocessed 2D and reinterpreted 3D seismic data in onshore North Perth basin permits in Western Australia has improved the imaging of both the South Erregulla and Waylering gas prospects, Strike Energy Ltd has said. At South Erregulla in EP469, reprocessing of 23 historical…
Oversupply is a thing of the past as long as OPEC+ compliance stays strong and the oil demand recovery trajectory isn’t radically altered. That’s according to Rystad Energy, which made the comment in a statement sent to Rigzone on the 8th June. The…
Norwegian energy giant Equinor is testing two newbuild liquefied natural gas-powered shuttle tankers it has chartered for operations in the North Sea. The first tanker Eagle Blane is owned by Malaysian shipowner AET, while the second vessel Rainbow Spirit belongs to Teekay’s Altera. Eagle Blane…
Hurricane Energy has issued an update on the early production system at the basement Lancaster oil field west of Shetland. One of the two wells, 205/21a-6, has been producing on its own since the 17th May at around 10,300 b/d with a stable water…
On the UN’s World Oceans Day (8th June), Equinor launched its ambitions for reducing own emissions from ships and how the company will contribute to decarbonising shipping. Equinor’s maritime climate ambitions are embedded in the company’s climate roadmap launched on 6 February 2020. The…
