Seadrill Limited has reported that it has entered into a 50:50 joint venture with Qatar-based Gulf Drilling International (GDI). The “GulfDrill” JV will initially manage and operate five premium jack-up rigs in Qatar with Qatar Petroleum commencing throughout 2020, Seadrill said. “We are…
According to BP, Canada produced over 5.2 million b/d in 2018 and was the fourth largest oil producer in the world. This is nearly a 65 percent gain over the past decade. Canada’s oil production is overwhelmingly western-based, with over 80 percent coming…
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil, according to Norwegian energy research and consultancy firm Rystad Energy. …
The Papua New Guinea government has sent a state negotiating team, led by Petroleum Minister Kerenga Kua, to Singapore seeking renegotiation of the terms of the Papua LNG gas agreement with project operator Total SA. The agreement was originally signed by the former Prime…
Decommissioning specialist Well-Safe Solutions has awarded two contracts for the conversion of the semi-submersible drilling rig Well-Safe Guardian into a dedicated P&A unit. Global Energy Group will provide quayside services for the refurbishment during the rig’s yard stay at the company’s Nigg Energy Park…
Sixteen discoveries estimated to be larger than 100 million barrels of oil equivalent (boe) were made in the first half of the year, Westwood Global Energy Group has revealed. This figure is already greater than the whole of 2018, according to Westwood, who pointed…
Norwegian oil and gas company Equinor has produced first oil from the Mariner field in the UK North Sea. The field is expected to produce more than 300 million barrels of oil over the next 30 years, Equinor said on the 15th August announcing…
The UK’s first training course for industrial drone operators has been launched in Aberdeen by the Engineering Construction Industry Training Board (ECITB). The ECITB-approved Industrial Drone Operations Training Course was developed by Aberdeen-based Texo Compliance to ensure that the next generation of drone operators…
DNV GL has said that it acted as a technical advisor to the energy company AES Colombia during its planned purchase of the Jemeiwaa Kai portfolio of wind power projects. DNV GL carried out an independent analysis of the La Guajira wind farms wind…
The New South Wales government has granted Critical State Significant Infrastructure (CSSI) status to South Korean developer Epik’s proposed Newcastle LNG import terminal 160 km north of Sydney. The status will streamline approval processes for the A$590-million project, which could be operational by 2022-23…
