Morocco is a country with a rapidly growing economy and industries where there are more and more opportunities created every day. As a result, Morocco is faced with a robust internal energy demand. This energy demand is being managed by a well-planned and consistent…
Tight oil production is today a largely US phenomenon. From less than 0.5 mb/d in 2010, production has surged to around 6 mb/d in 2018 and this growth shows little sign of slowing down any time soon. In the most recent World Energy Outlook,…
TransCanada Corporation is hoping to start construction by June on its decade-old Keystone XL oil pipeline project, even as the US government shutdown threatens to delay a key legal proceeding. In a court filing on the 7th January, the Calgary-based pipeline company said its…
Royal Boskalis Westminster has secured a three-year subsea services contract in the Middle East valued at US$40 million, with an extension option. The company will deploy the diving support vessel BOKA Constructor with an ROV for the contract, crewed with air diving/ROV teams and…
BP has approved a major expansion at the Atlantis field in the US Gulf of Mexico and has also identified significant additional oil resources which could create further development opportunities around the production hubs it operates in the region. The US$1.3 billion Atlantis Phase 3…
According to Wood Mackenzie, the energy intelligence group, five themes which will dominate the market in 2019 include the comeback of North Sea exploration and, although the deal spend will slow, it will remain the seller’s market. WoodMac also sees an uptick in development…
Mike Makowski to join Celebrus Risk Limited Celebrus Risk Limited has announced that Mike Makowski will be starting with the company in mid-January 2019 to assist the company with its plans to develop its own capacity for Oil and Gas risks from Russia and the…
Seadrill’s jack-up West Elara will start drilling production and injection wells in the current quarter on the Eldfisk field in the southern Norwegian North Sea. This follows approval from Norway’s Petroleum Safety Authority (PSA) for ConocoPhillips Skandinavia’s programme for the Eldfisk 2/7 S wellhead,…
Malaysia’s Sapura Energy has been awarded new contracts and contract extension in Angola and Malaysia with a combined value of approximately RM760 million (US$184.8 million) . The contracts were awarded to Sapura’s wholly-owned subsidiaries for drilling and engineering & construction services. In Angola, Sapura Energy…
Shell Australia’s Prelude floating LNG (FLNG) project in the Browse basin off north-west Western Australia has started production. The company reported it had opened the subsea wells in the field to enter the project’s start-up and ramp-up phases, the initial stages during which gas…
