News

  • Salman platform offshore Iran close to delivery

      Construction is nearing completion of the 1,000-ton S1 platform topsides for the Salman oil field development in the Persian Gulf.   According to news service Shana, the Khorramshahr Yard in Iran is also working on the A20 and A21 platforms for the Abouzar field….

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  • Tlou Energy announces Lesedi CBM project gas flow testing update

    Tlou Energy has announced that the Lesedi 4 production pod has successfully reached Critical Desorption Pressure (‘CDP’). CDP is the pressure that gas begins to come out of the coal after a careful dewatering process.   Highlights   The Lesedi 4 pod has reached CDP Short…

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  • US$3.5 billion-Plus Saudi Aramco Contracts Go to Saipem

    Saudi Aramco has awarded Saipem two new engineering and construction contracts worth more than US$3.5 billion, Saipem reported on the 9th July.   Under the engineering, procurement, construction and installation (EPCI) projects, Saipem’s Onshore E&C division will develop the land facilities tied to Saudi Aramco’s…

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  • Dutch heavy lifter Mammoet in talks to buy UK rival ALE

    Dutch heavy lifting and transportation company Mammoet and its UK rival ALE have revealed they have been in talks over a purchase agreement.   In a statement on the 8th July, the two companies said that, if the talks are successful, Mammoet would acquire the…

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  • Eni negotiating for area off Kazakhstan

    Eni, the Ministry of Energy of Kazakhstan and state-owned KazMunayGas (KMG) have signed a protocol of direct negotiations for hydrocarbon exploration and production rights in the Abay area of the northern Caspian Sea.   The block is about 50 kilometres from the coast in water…

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  • Total Starts Up the La Mède Biorefinery

    Total has started up production at the La Mède biorefinery in south-eastern France, with the first batches of biofuel coming off the line.   It is the final step in converting a former oil refinery into a new energies complex. Launched in 2015, the project…

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  • Tulip Oil provides update on Q10 offshore gas development

    Tulip Oil Netherlands Offshore, a wholly owned subsidiary of Tulip Oil Holding, has announced the latest quarterly Q10 Project update . Initial gas production from the well Q10A-01 started on the 15th February 2019. The project was delivered with no safety incidents, ahead of time…

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  • Russia’s Dirty Oil Crisis Leaves Pipe Giant Scarred

    As the biggest disruption to Russian oil flows in decades draws to a close the country’s European market looks remarkably unscathed, but its pipeline operator bears a few scars.   For Transneft PJSC — the giant company which runs enough pipes to wrap five times…

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  • OMV hires Archer’s modular rig for New Zealand drilling

    Oslo-listed offshore services company Archer has secured a contract with OMV in New Zealand for the provision of drilling services using the modular drilling rig (“MDR”) Archer Emerald, including associated services, materials, equipment and personnel.   Archer said on the 8th July that the contract…

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