News

  • ConocoPhillips and 3D Oil JV to run seismic offshore Tasmania

    ConocoPhillips Australia and its joint venture partner, 3D Oil Ltd, Melbourne, have contracted Shearwater Geoservices to run a 3D seismic survey over permit T/49P in the Tasmanian sector of the offshore Otway basin.   The survey, to be conducted by the Geo Coral vessel, will…

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  • Apollo and Vekta Group join forces for offshore wind, oil & gas

    Apollo and Vekta Group have signed a Memorandum of Understanding (MoU) to together provide services across the offshore wind and oil & gas sectors.   The combined service offering brings commercial, project management, yield modelling, power, electrical, mechanical, structural and marine experience.   The two…

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  • Natural Gas, a Mobility and Transportation Option

    On the 12th February Total inaugurated France’s biggest natural gas for vehicle (NGV) and bio-NGV filling station in Gennevilliers.   The event highlights Total’s ambition to become a European leader in the distribution of NGV and bio-NGV. Natural gas is an alternative vehicle fuel and…

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  • Tulip scouting for rig for two North Sea wells

    Tulip Oil has raised gas production from the Q10a field in the Dutch North Sea following the introduction of compression last November.   The field produced 526 MMcm of gas during 2020, down from 620 MMcm the previous year.   Some production was purposely constrained…

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  • International Oil Cos Primed for V-Shape Recovery

    International oil companies (IOCs) are primed for a V-shaped recovery in free cash flow and may generate record figures this year if oil prices average US$55 a barrel.   That’s according to analysis from global natural resources consultancy Wood Mackenzie, which highlighted that, at the…

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  • Solstad vessels to support drilling off Australia and Timor Leste

    Norwegian vessel owner Solstad Offshore has secured new contract awards for its vessels to support drilling campaigns in Australia and Timor Leste.   Solstad confirmed on the 26th February that the large 2010-built AHTS Normand Ranger has been awarded a contract in Australia, starting in…

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  • Methanex mothballs Waitara Valley methanol plant in NZ

    Methanex Corporation, Vancouver, is to mothball its Waitara Valley methanol plant in the Taranaki region of the North Island of New Zealand.   The company says the decision has been made to close down the plant’s production because of its inability to secure sufficient gas…

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  • Borssele site V fully commissioned offshore the Netherlands

    The Two Towers consortium’s Borssele wind farm site V in the Dutch North Sea has been fully commissioned.   The consortium consists of Van Oord, Investri Offshore, and Green Giraffe.   Located about 20 km (12 miles) off the Dutch coast, it features two Vestas…

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  • ADNOC Shipping Arm Buys 6 Very Large Crude Carriers

    ADNOC’s shipping and maritime logistics arm, ADNOC Logistics & Services, has announced the acquisition of six Very Large Crude Carriers (VLCCs).   The company noted that two VLCCs have already been deployed into its fleet and that it has placed an order for three newbuild…

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