BP has evacuated its Thunder Horse offshore platform and the West Vela drillship located in the US Gulf of Mexico, as it braces for the Hurricane Irma. BP said on the 6th September that with forecasts indicating potential impact this weekend in Florida and…
A Texas official has said the state’s gasoline supply is recovering quickly after shortages he blames on hoarding and panic buying due to Harvey. Texas Railroad Commissioner Ryan Sitton said any shortages likely will be resolved within the next day or two. He says…
Dutch marine contractor Heerema Marine Contractors is going to retire and recycle its semi-submersible crane vessel Hermod at the end of the year after nearly 40 years in operation. Hermod and its sister vessel Balder, the first semi-submersible crane vessels of its kind in…
X Energy, LLC and Centrus Energy Corporation have signed a Memorandum of Understanding to explore collaboration towards production of fuel for advanced nuclear reactors, the two companies announced on the 6th September. X-energy, a pioneering advanced reactor and fuel company, and Centrus, an experienced…
Schlumberger Guyana Inc (Western Geco) has completed a 2,550-square kilometre (984-square mile) 3D seismic survey over the Orinduik block offshore Guyana for Tullow Oil and Eco (Atlantic) Oil & Gas Ltd. The Orinduik block is updip and a few kilometres from ExxonMobil’s recent deepwater…
The Shah Deniz consortium has announced the launch of the Khankendi – a new flagship vessel for the Caspian. The state-of-the-art subsea construction vessel has been specifically designed and built to install the biggest subsea production system in the Caspian Sea as part of the…
Oil prices rose more than one percent on the 6th September as strong global refining margins and the reopening of US Gulf Coast refineries provided a more bullish outlook after sharp drops due to Hurricane Harvey. But traders remained wary of Hurricane Irma, ranked…
France will stop granting new exploration permits next year as it seeks to end all oil and gas production by 2040, according to a draft bill presented at a cabinet meeting on the 6th September. The move would allow the government to turn down…
Dutch provider of offshore support vessels, Vroon, has entered into a five-year charter plus options with Premier Oil for one of its emergency response and rescue vessels (ERRV). Vroon said on the 6th September that the vessel in question was the VOS Famous. …
Gazprom subsidiary South Stream Transport BV has awarded Petrofac an engineering, procurement, and construction (EPC) contract for the development of onshore pipelines and a gas receiving terminal near Kıyıköy in Turkey. Through its EPCm business, Petrofac has been undertaking early works since April, which…
