News

  • Rig Sinks After Incident Offshore Sarawak

    The board of directors of Velesto Energy Berhad has revealed that an incident involving its Naga 7 rig has occurred offshore Sarawak.   The board of directors of Velesto Energy Berhad has revealed that an incident involving its Naga 7 rig has occurred offshore Sarawak….

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  • Neste adding SAF production at Rotterdam renewables refinery

    Neste Corporation is moving forward with a project to add production of sustainable aviation fuel (SAF) at its more than one-million tonnes/year existing renewable diesel refinery at the Port of Rotterdam.   Requiring an estimated investment of about €190 million and slated for completion during…

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  • Boskalis expands construction vessel fleet

    Boskalis has acquired the construction support vessel Southern Ocean from Oceanteam Bourbon 4 AS.   The DP-2 vessel will be renamed Boka Ocean and deployed on various types of offshore energy projects. For instance, the installation of array and export cables, mooring systems of floating…

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  • Jadestone acquires Malaysian assets from SapuraOMV

    Jadestone Energy Plc expects to implement reservoir optimisation and production enhancement activities across two licences on which it gained operatorship through an agreement to acquire Malaysian interests from SapuraOMV Upstream Sdn Bhd.   For US$9 million total initial cash, Jadestone will acquire interests in four…

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  • APT to provide wells analysis to Chrysaor offshore Norway

    Chrysaor Norge, a subsidiary of Harbour Energy, has awarded Applied Petroleum Technology (APT) a frame agreement covering geochemical and biostratigraphic analyses on the Norwegian continental shelf.   APT will provide the services to support Chrysaor’s E&P activities offshore Norway, including interpretation of drilling samples and…

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  • Westpac Takes ‘Small First Step’ Towards Oil and Gas Divestment

    Westpac has told oil and gas producers it will no longer accept them as new customers unless they have clear, publicly-documented strategies to align their activities with the Paris climate goals.   It follows similar announcement by the Commonwealth Bank of Australia, and signals the…

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