Danish offshore drilling contractor Maersk Drilling has entered into a definitive agreement to combine with its US rival Noble Corporation in a primarily all-stock transaction, which will result in the creation of a combined company with a fleet of 20 floaters and 19 jack-up rigs….
Norwegian energy giant Equinor has awarded two contracts for weather and route advisory services in the North Sea and Norwegian Continental Shelf to compatriot weather forecasting provider StormGeo. StormGeo reported on the 8th November that it had signed two contracts for weather and route advisory…
Uganda is planning a third oil licensing round, its energy minister Ruth Nankabirwa Sentamu said on the 9th November, adding that she expected a law regulating an oil export pipeline will be finalised by parliament. Uganda plans to increase the use of liquefied petroleum gas at the expense of biomass,…
The methane fee, part of the amended text of the Build Back Better Act released by the US House Rules Committee, could cost the petroleum and natural gas industry US$1.3 billion in 2025 under a status quo scenario, according to Rystad Energy analysis. While the…
China Petroleum & Chemical Corporation (“Sinopec”) has announced that the Dongye Deep 2 key shale gas prospecting well developed by Sinopec Exploration Company in Dongxi, Chongqing, with a buried depth of 4,300 metres, has been tested to produce 412,000 cubic metres of high-quality shale gas…
ExxonMobil and Petronas have signed a Memorandum of Understanding (MoU) to jointly explore potential carbon capture and storage technologies projects in Malaysia. The companies will assess the viability of carbon capture projects in select locations offshore Peninsular Malaysia and share subsurface technical and infrastructure…
Helix Energy Solutions and Trendsetter Engineering have partnered up to provide integrated hydraulic intervention services for subsea wells and flowlines. The new partnership will integrate Trendsetter’s 15,0000psi Subsea Tree Injection Manifold (15K STIM) and personnel into Helix’s fleet of well intervention vessels and equipment…
Argeo, a subsea data acquisition and visualisation survey specialist, has chosen Eelume’s autonomous ‘snake robot’ to assist its operations. This is the first commercial contract award for the technology, which Eelume has developed with support from Kongsberg Maritime. In operation, one Eelume robot…
Siemens Gamesa has been named Nominated Preferred Supplier by Vattenfall for the 3.6 GW Norfolk offshore wind power projects in the UK. The agreement includes the potential deployment of the new SG 14-236 DD offshore wind turbines and a multi-year Service agreement. Located between…
Deployment of carbon capture storage (CCS) in Indonesia by American energy giant Exxon Mobil Corp could cost about US$500 million, a senior official at Indonesia’s state oil firm Pertamina said on the 8th November. Pertamina and ExxonMobil signed a memorandum of understanding during the…
