INEOS Energy has agreed to sell its Norwegian E&P portfolio to PGNiG Upstream Norway for US$615 million. The deal includes all interests in production, licences, fields, facilities and pipelines owned by the company on the Norwegian continental shelf. Presently INEOS E&P Norge produces…
Bass Oil, Melbourne, has identified expansion opportunities west of Indonesia’s onshore Bunian oil field in south Sumatra basin and plans to start a drilling programme later this year with one firm well and an additional two contingent wells. As part of its first major…
The Dogger Bank A and B phases of the Dogger Bank wind farm have awarded UK-based North Star Renewables contracts for delivering three service operation vessels (SOVs) for the operation of these phases. The total value of the contracts including options is estimated at about…
On 15 March, Sovcomflot and Shell broke new ground, with the completion of the first ever Aframax tanker fuelling using LNG in the US. Sovcomflot’s Gagarin Prospect, on long-term charter to Shell, was en-route from Corpus Christi to Europe. The vessel received 1075 m3…
HDI Global UK enters marine cargo with RSA’s Foreman The UK arm of HDI Global SE has entered the marine cargo market with the appointment of former RSA European cargo leader Steve Foreman as its director of marine cargo underwriting. Miller bolsters marine team…
The shortest shipping route from Europe to Asia remained blocked on the 25th March as ten tug boats struggled to free one of the world’s largest container ships after it ran aground in the Suez Canal. The 400-metre, 224,000-tonne Ever Given ran aground on…
Much of Russia’s Far East is so vast and remote that it’s mostly been left to the bears, wolves and rare breed of tiger who live there. Now the Kremlin wants to use it to convince the world that the country is doing its part to fight climate change….
Italy’s oil and gas company Eni and Russia’s Novatek are starting drilling operations in waters offshore Montenegro, using Vantage Drilling’s Topaz Driller jack-up rig. As previously reported, the Topaz Driller arrived in Montenegro earlier in March 2021 ahead of its planned activities in Montenegro’s…
Equinor Energy AS and partners discovered oil in the North Sea three km south-west of Fram field and 11 km northwest of Troll field. The discovery – the largest so far this year on the Norwegian continental shelf – is considered commercially viable with…
Neptune Energy has awarded Borr Drilling a US$21.4-million contract in the North Sea. Borr will provide its new jack-up Prospector-1 for the campaign, which covers development drilling, exploration, and P&A in the Dutch and UK sectors. The rig employs a Selective Catalytic Reduction…
