News

  • Consortium developing floating wind/wave scheme offshore Ireland

    Simply Blue Energy is planning a floating wind farm and wave energy conversion array offshore western Ireland.   The Western Star programme comprises Western Star Wind ‘Project Ilen’, a 1.1-GW floating wind development at least 35 km (21.7 miles) offshore County Clare; and Western Star…

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  • UK Oil Sector Welcomes Chancellor’s New Measures

    The UK oil and gas industry has welcomed new measures announced by the UK Chancellor of the Exchequer in his latest budget.   That’s according to industry body Oil & Gas UK (OGUK), which noted that close cooperation with the sector is essential to maximise…

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  • DOF Rederi unloads another supply vessel

    DOF Rederi AS has completed the sale of the platform supply vessel Skandi Texel to an unnamed Norwegian company.   Built in 2006, the vessel will be delivered to the new owner immediately. Also, the vessel will depart the oil service sector.   According to…

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  • Lukoil lets contract for Nizhny Novgorod refinery

    PJSC Lukoil has let a contract to Honeywell UOP LLC to provide licensing for a suite of technologies to enable expanded production of Russian Class 5 (equivalent to Euro 5)-quality gasoline at subsidiary LLC Lukoil Nizhegorodnefteorgsintez’s (NNOS) 17-million tonne/year Kstovo refinery in central Russia’s Nizhny…

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  • Iran Gauges Refiner Interest in Possible Oil Supply Deals

    Iran is reaching out to old customers in Asia to gauge their interest in buying its oil as Tehran ramps up diplomacy to get US sanctions lifted.   The National Iranian Oil Company — the state oil marketer — has approached at least five refiners across the…

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  • Jersey Oil & Gas reveals Greater Buchan Area concept

    North Sea-focused Jersey Oil & Gas has revealed its preferred development concept for the Greater Buchan Area (GBA) development located off the coast of the UK.   Jersey’s Greater Buchan Area development project contains an aggregate of 172 million barrels of oil equivalent (mmboe) 2C…

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  • Prax concludes purchase of Total’s UK refinery, downstream assets

    Prax Group (also known as State Oil Ltd), a London-based global independent trading, storage, distribution, and retail firm, has completed its proposed acquisition of Total SE’s UK downstream business, including subsidiary Total Lindsey Oil Refinery Ltd’s 109,000-b/d refinery in North Killingholme, Immingham, Lincolnshire, and associated…

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