News

  • RockRose grows North Sea portfolio with Dutch assets buy

    RockRose Energy has announced that it has signed a sale and purchase agreement to acquire the entire issued and to be issued share capital of Dyas BV, which owns the non-operated, Netherlands gas and condensate producing assets of the Dyas group of companies, for a…

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  • CMM, Damen in fast crew change pact for Brazilian market

    Compagnie Maritime Monégasque (CMM) and Damen Shipyards Group have teamed up to offer what they say is a fast, safe and reliable Fast Marine Access crew change solution for the Brazilian market.   The solution entails transferring personnel between shore and “the ever more distant”…

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  • Van Oord’s new SRI vessel set for work in Norway

    Dutch dredging and offshore services specialist Van Oord has taken delivery of a new subsea rock installation vessel ‘Bravenes’.   The vessel, designed by Design & Solutions BV, was christened by Yvon van Oord-Barbier on the 22nd May in Rotterdam.   Subsea Rock Installation vessels…

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  • United States imposes further sanctions against Venezuela

    This Web Alert provides the club’s members with a brief update on most recent United States (US) sanctions imposed against Venezuela:   President Trump issues new Executive Order On the 21st May 2108, President Trump issued an Executive Order imposing further economic sanctions by  US against…

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  • Iraq: Rosneft Discovers Oil at Block 12

    Bashneft, a subsidiary of Russia’s Rosneft, has found oil at its Salman-1 exploratory well at Block 12 in Iraq.   In a statement, the company said that an exploration well was successfully drilled to depth 4,277 metres; oil was found, “which gives grounds for expecting…

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  • Large–Scale Solar Shines in Queensland During Record Year

    Queensland is leading the national charge towards a record year for the large-scale solar industry, Clean Energy Council Chief Executive Kane Thornton said in launching the 2018 Large-scale Solar Industry Forum in Brisbane.   Mr Thornton said 20 projects were actively under construction, would soon…

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  • ExxonMobil plans 15% decrease in methane emissions

    ExxonMobil has reported greenhouse gas reduction measures which are expected to decrease its methane emissions by 15% and flaring by 25% by 2020.   Efficiency improvements in its refining and chemical manufacturing facilities also are planned.   The company has spent more than US$9 billion…

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  • BP success in 30th Offshore Licensing Round

    BP has been awarded seven licences, five as operator and two as partner, in the 30th Offshore Licensing Round, announced by the Oil and Gas Authority (OGA).   The BP-operated licences are the Skua field adjacent to BP’s Marnock field, which is part of the…

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