BP has completed the transaction for the sale and leaseback of the Greater Tortue Ahmeyim floating, production, storage, and offloading vessel (FPSO). US-based oil and gas company Kosmos Energy, BP’s partner on the project, said on the 9th August that the completion of the…
Ulstein and ESVAGT have entered into a contract for the conversion of two platform supply vessels (PSV) to Emergency Response Rescue Vessel (ERRV) battery hybrid ships, Ulstein has revealed. The PSVs Hermit Fighter and Hermit Prosper will undergo conversion to ERRV and battery power…
Italian energy group Eni said on the 6th August that it has reached an agreement with Taiwan’s CPC Corporation for the delivery of a carbon-neutral LNG cargo to CPC at the Yung An receiving terminal in Taiwan. The LNG will be sourced from the…
Sub-Saharan Africa’s largest producers in Nigeria and Angola face declining crude oil and condensate production from this year onwards, according to GlobalData, with only a small number of new projects set to come online in the next five years. Oil and Gas analyst Conor…
BP has announced that it has agreed Memoranda of Understanding (MoUs) with a series of new potential customers for its proposed clean hydrogen production facility in Teesside in north-east England. In March, BP announced plans for a clean hydrogen facility in Teesside (H2Teesside) which…
Russia is supplying more oil to the US than any other foreign producer aside from Canada as American refiners scour the globe for gasoline-rich feedstocks to feed surging motor-fuel demand. US imports of crude and refined petroleum products from its former Cold War adversary surged 23%…
Australia’s BHP has approved a total of US$802 million in capital expenditures to execute the Shenzi North project in the US Gulf of Mexico and to move the Trion project off Mexico into the FEED phase. On the 5th August BHP approved US$544 million…
Equinor Energy AS has improved oil recovery by around 16 million bbl from existing wells in Vigdis oil field with a new subsea multiphase boosting station. The pump came on stream in May. The field lies in the Tampen area in North Sea block…
Jan De Nul Group has sold the jack-up installation vessel Taillevent to an undisclosed buyer. The sale includes the vessel only, with the crew deployed to its other vessels. During her time with the company, the 2011-built Taillevent executed offshore wind projects in…
Jacobs has been selected to lead two decommissioning projects at the Dounreay nuclear site in Scotland which Dounreay Site Restoration Ltd (DSRL) estimates to have a combined value of US$15.9 million (£11.2 million). Jacobs will upgrade the ventilation systems for the Prototype Fast Reactor…
