News

  • Chrysaor sets the wheels in motion for North Sea well spud

    Oil and gas company Chrysaor, which is in the process of merging with Premier Oil, has started preparations to drill an exploration well in the North Sea, using the COSLInnovator rig.   Earlier in January 2021 Chrysaor was in granted drilling permits by the Norwegian…

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  • Croatian oil & gas company eyeing offshore wind in the Adriatic Sea

    Croatian oil and gas company INA-INDUSTRIJA NAFTE, d.d. (INA) plans to diversify into renewable energy and is specifically considering offshore wind and solar energy developments in the country.   At an energy conference held on 26 January, INA’s Director of Strategic Operations and Public Affairs,…

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  • Equinor selects new class of start-ups to shape the future of energy

    Norwegian energy giant Equinor has selected a new class of start-ups to work on unlocking opportunities within oil and gas, renewables, and low-carbon solutions.   This year, the Equinor & Techstars Energy Accelerator will be entirely virtual. Ten selected start-ups will receive support by over…

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  • Enerplus to acquire Williston basin operator

    Enerplus Corporation has agreed to acquire all shares of Bruin E&P HoldCo LLC for total cash consideration of US$465 million.   With the deal, Enerplus acquires 151,000 net acres in the Williston basin in North Dakota concentrated in the Fort Berthold area, including 30,000 net…

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  • GTT obtains approval for NO96 containment system application

    GTT has obtained approval in principle (AIP) for the NO96 membrane containment system for LNG fuel tank application for ultra large container vessels (ULCV) from the Bureau Veritas (BV) classification society.   GTT and BV reviewed the compatibility and safe integration of the NO96 technology as an…

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  • Trio team up for Japan’s offshore wind industry

    Fugro and NYK have signed a strategic Memorandum of Understanding with Japanese geoscience specialist OYO Corporation.   The addition of OYO is expected to further strengthen Fugro and NYK’s position as service providers for the growing offshore wind site characterization market in Japan.   The…

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  • Insurance Jottings

    Judge Strikes Down North Dakota ‘Pore Space’ Law Backed by Oil, Gas Group A judge has struck down a North Dakota’s law which landowners say takes away their property rights.   The so-called Pore Space law passed the Legislature in 2019 after supporters sought clarification…

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  • Premier farms down Tuna block ahead of appraisal campaign

    Premier Oil has completed the farm-down of its interest in the Tuna PSC, offshore Indonesia, to Zarubezhneft ahead of an appraisal campaign scheduled for 2Q 2021.   Premier signed heads of terms with Russia’s Zarubezhneft in December 2019 to farm-out a 50 per cent of…

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