News

  • Offshore regulator spots issues during Johan Sverdrup audit

    Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found irregularities during an audit of Equinor’s operations and barriers at the Johan Sverdrup field in the North Sea.   The PSA said on the 15th April that the audit of Johan Sverdrup was done…

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  • Shell Bows Out of Russian JV With Gazprom

    Shell has decided not to pursue a joint venture deal with Gazprom Neft in Russia through Meretoyakhaneftegaz “due to the challenging external environment”, according to a written statement from Gazprom.   Gazprom Neft estimated that the total resources of the fields included in Meretoyakhaneftegaz are…

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  • Lebanon offshore bid round deadline extended

    The Lebanese Petroleum Administration has pushed back the closing date for applications to Lebanon’s second offshore exploration licensing round to the 1st June 2020.   Minister of Energy and Water for Lebanon, Raymond Ghajar, said the decision was taken due to the implications of the…

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  • Powin Energy Announces 20-year Lithium-Ion Energy Storage System

    Powin Energy Corporation (Powin) has unveiled three new products, Stack™225, Stack™230 and Stack™230P, its first products utilising Contemporary Amperex Technology Company Limited (CATL) battery cells.   All three products were designed by Powin around CATL’s large form factor cells, utilising Powin’s patented StackOS battery management and controls software.   Powin’s proprietary Stack™ products can perform a wide variety of in front of the meter, behind the meter, and microgrid applications…

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  • Shell shuts in Perdido production following HOOPS leak

    Royal Dutch Shell has temporarily halted production from its 100,000-b/d Perdido platform in the Gulf of Mexico following a leak in Exxon Mobil’s 153-mile Hoover offshore oil pipeline system (HOOPS).   Perdido operates in Alaminos Canyon Block 857 about 200 miles south of Galveston, Texas,…

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  • OMV makes new oil and gas discovery offshore New Zealand

    Austrian oil and gas company OMV has discovered hydrocarbons at an exploration well offshore New Zealand.   Reports about the new discovery emerged only days after OMV revealed its decision to postpone further drilling off New Zealand due to the current market situation and the…

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  • Spirit taps Three60 for modification and repair services in UK

    Energy services group Three60 Energy has won a framework contract to deliver engineering and support services for minor modification and repair services on Spirit Energy’s UKCS assets.   Three60 Energy said on the 14th April that it had secured this contract through its Step Change…

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