Fossil Energy
Russia’s oil output to rise by 5 per cent in 2022
Russia’s the oil output expected to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Vaalco files $150 million shelf registration to support ‘growth objectives’
Vaalco Energy has filed a $150 million shelf registration statement with the SEC to support the pursuit of ‘future growth objectives.’
Harbour Energy finds ‘marginal’ hydrocarbon accumulations in North Sea well
Harbour has completed the drilling of the Dunnottar exploration well in the UK North Sea, encountering marginal hydrocarbon accumulations.
Standard Drilling sells vessel for $10.3 million
Offshore vessel operator S.D. Standard Drilling has sold one of its large-sized platform supply vessels (PSVs) for $10.3 million.
Gas filling of second Nord Stream 2 string all done
The gas-in procedure for the second string of the Nord Stream 2 pipeline has been completed, according to a project update from 29 December. The string is filled with circa 177 million m3 of so-called technical gas, reaching a pressure of 103 bar in the pipeline, said to be as planned and in line wi
Vedanta’s Cairn adds ex-BP exec as COO to drive innovation and foster growth
Cairn has appointed a former executive of BP as a COO in its quest to drive innovation and foster growth to double India’s crude production.
IOG frustrated over another delay in spudding North Sea well
IOG is frustrated over further delay in spudding the first development well on the Southwark field in the UK North Sea.
Jan De Nul lands its biggest cable deal for $3.6bln Middle Eastern project
Jan De Nul and Samsung C&T consortium has secured a contract, regarded as the biggest cable installation contract in Jan De Nul’s history, to deliver an HVDC cable and convertors package for the $3.6 billion ADNOC-TAQA Lightning Project.
Southeast Asia’s oil & gas output unlikely to exceed 5 million boepd, Rystad says
Rystad forecasts that Southeast Asia’s oil and gas output is unlikely to rise above 5 million barrels of oil equivalent per day (boepd).
Western Gas gearing up to drill Australian well as environment plan gets regulator’s approval
Western Gas has secured the regulator’s acceptance of its environment plan to manage drilling activities for the Sasanof-1 exploration well.
PetroRio forging ahead with field development off Brazil
PetroRio has undertaken the required steps to move forward with the development of the Wahoo field by submitting a development plan to ANP.
Petrobras submits revised development plan for Brazilian field
Petrobras and its partners have submitted a revised Tupi and Iracema development plan in a bid to increase the recovery of hydrocarbons.
Offshore regulator finds maintenance management issues on KCA Deutag rig
Offshore regulator has issued an order to KCA Deutag following the discovery of five nonconformities during an audit of the Askepott rig.
TDI-Brooks wraps up geotechnical survey at Shenandoah field
Offshore survey firm TDI-Brooks has completed a geotechnical site investigation for Beacon Exploration & Production (BOE) in the deepwater Gulf of Mexico.