Business & Finance
ADNOC partners with Pakistani companies for the first time
ADNOC has awarded exploration rights for Abu Dhabi’s Offshore Block 5 to a consortium of four Pakistani companies.
Jersey to re-phase Buchan timeline over electrification plans
Jersey will re-phase its key GBA project milestones like FEED entry, FID, and first oil dates to allow enough time for electrification studies.
ExxonMobil spuds Sapote-1 well off Guyana
ExxonMobil has started drilling the Sapote-1 well located on the Canje Block, offshore Guyana. This is its third well on the block this year.
Hafnia expands fleet through new joint ventures
Singapore-based tanker owner and operator Hafnia has expanded its fleet with two Medium Range (MR) newbuilds through a new joint venture established with Monaco-based tanker owner International Andromeda Shipping.
Tyra topsides reach Danish North Sea
The three Tyra East wellhead and riser platforms have arrived at the Tyra field in Denmark following a journey from Singapore.
Equinor brings online one of the most profitable projects in history
Norwegian energy giant Equinor started production from the Troll phase 3 project in the North Sea off Norway on Friday 27 August.
Australian gov’t to enhance scrutiny of oil and gas sector
Australia’s parliament has passed new legislation to strengthen its offshore oil and gas regulatory framework following the liquidation of NOGA.
Unique Group and AMCS to develop USV Coxswain course
Unique Group has signed a Memorandum of Understanding (MoU) with AMC Search (AMCS), the training and consultancy division of the Australian Maritime College, to jointly develop a maritime industry accredited Unmanned Surface Vessel (USV) Coxswain’s course. This industry-academia collaboration will s
Spirit moves to decommission North Sea field
Oil and gas company Spirit Energy has now started the first phase of preparing to decommission its Chestnut field, located in the North Sea.
Shell sanctions gas project in Malaysia to be powered by solar and wind
Royal Dutch Shell has taken a final investment decision (FID) on the Timi gas development project located off Malaysia.
Perma-Pipe lands Gulf of Mexico contract with LLOG
Perma-Pipe has secured a contract from LLOG Exploration Offshore to supply 5 miles (some 8 kilometers) of subsea insulated pipeline for the Taggart project in the Gulf of Mexico. The contract scope covers overseeing engineering support, pipe coating, and supplying the FLOW-THERM pre-insulated pipe s
Rex to add more resources to portfolio with new fields off Malaysia
Singapore’s Rex International has signed two Production Sharing Contracts (PSCs) in Malaysia awarded earlier by Petronas.
Operators shut in 96 pct of oil output in Gulf of Mexico as Hurricane Ida slams coast
Nearly 96 per cent of oil production in the U.S. Gulf of Mexico has been shut in as Hurricane Ida slammed the U.S. Gulf Coast over the weekend.
Hess closes sale of Danish assets to Ineos
U.S. oil and gas company Hess Corporation has completed the previously announced sale of its subsidiary Hess Denmark ApS to Ineos E&P.