The Board of Directors of BW Umuroa Pte Ltd (BWU), a wholly owned subsidiary of BW Offshore, has resolved to place BWU into voluntary liquidation. BWU is the owner and operator of the FPSO Umuroa which is presently located on the Tui oil field offshore New…
Santos is working on plans for a further phase of infill drilling at the Bayu-Undan field in the Timor Sea offshore northern Australia. The programme, comprising an additional three development wells, is designed to optimise field recovery and extend field life and production at…
ARA Petroleum Tanzania Ltd (APT) has completed farm-in of the Ruvuma petroleum sharing agreement (PSA) in Tanzania when Ndovu Resources Ltd, a wholly owned subsidiary of Aminex, transferred 50% interest in the PSA to APT. Ruvuma PSA consists of two blocks, Mtwara and Lindi,…
The US Department of State has issued new guidance regarding sanctions against construction of the 55-billion cu m/year Nord Stream 2 natural gas pipeline running between Russia and Germany in the Baltic Sea. Previous sanctions levied under the Protecting Europe’s Energy Security Act of…
Marsh JLT Specialty hires Aon’s Hale to lead London Market power and renewables Marsh JLT Specialty has brought in Rob Hale from Aon to lead its London Market power and renewable energy practice. He is due to start there early next year. New GuideOne…
A consortium which includes the Stork subsidiary of Fluor Corporation has won an approximately five-year pipeline maintenance contract, Fluor reported on the 20th October. Compañia Operadora de Gas, S A C (COGA) awarded the contract to the consortium of Consorcio Mantenimiento de Gasoductos del…
Wintershall DEA Norge expects start-up of Dvalin natural gas field in the Norwegian Sea in November-December. Star-tup approval from authorities has been granted, the Norwegian Petroleum Directorate said on the 21st October. The field, in PL435, is estimated to hold recoverable gas reserves of…
Providence Resources, the Irish based resource development company, has announced that it has received official confirmation from the Department of the Environment, Climate and Communications (DECC) by way of an Addendum No 6 to the Standard Exploration Licence 1/11 that, the interest in the licence…
Van Oord says it has become a shareholder in Saare Wind Energy, which is developing the Saaremaa offshore wind farm in Estonia. Development of the Saaremaa offshore wind farm began in 2015. The company is developing an area of up to 200 sq km…
Keppel Offshore & Marine (Keppel O&M) has successfully delivered its first new-build LNG carrier, Avenir Advantage to Avenir LNG Limited. The LNG carrier also functions as an LNG bunkering vessel, making it the first in Southeast Asia to do so. It is the…
