News

  • Norwegian Firm to build Oil Tankers for Iraq

    Iraq’s Ministry of Oil, represented by the Iraqi Oil Tankers Company (IOTC), has concluded a contract with Norway’s Båtservice Mandal AS to build two oil tankers.   Oil Minister Ahsan Abdul-Jabbar Ismail said that this contract comes within the framework of the ministry’s plans to…

    Read more
  • Trump Admin Okays Arctic Oil Leasing

    On the 17th August the Trump administration authorised a sweeping plan to sell drilling rights and spur oil development in Alaska’s rugged Arctic refuge, setting up a possible auction by the end of 2020 and a political clash if the president loses the November election….

    Read more
  • Why The World Needs More Nuclear Power

    Two weeks ago in Renewable Energy Growth Continues At A Blistering Pace, I highlighted the inability of renewable energy to keep up with overall energy demand:   “Even though global renewable energy consumption has increased by about 21 exajoules in the past decade, overall energy…

    Read more
  • More wells come online at South Pars offshore Iran

    Pars Oil and Gas Company has brought onstream three wells at the South Pars phases 22-24 development in the Persian Gulf.   All were drilled from the SPD22 platform, project head Mehrdad Kazemi told news service Shana.   Hook-up activities for the wells were completed…

    Read more
  • Luiperd well spud imminent offshore South Africa

    Odfjell Drilling’s semi-submersible Deepsea Stavanger should spud the Luiperd-1 exploration well offshore South Africa later this month.   According to Africa Energy Corporation, the rig is currently in Cape Town having sailed from Norway last month.   The company is a partner to Total in…

    Read more
  • Japanese Firm awarded US$3.7 billion Iraq Deal

    JGC Holdings Corporation has announced that JGC Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, has been received the Letter of Award for the Basrah Refinery Upgrading Project for an Iraqi oil refining company under the Iraqi Ministry…

    Read more
  • KrisEnergy hires PV Drilling jack-up for Cambodia drilling

    Singapore’s KrisEnergy has hired a jack-up drilling rig operated by PV Drilling for drilling operations on the Apsara development located offshore Cambodia.   KrisEnergy said on the 14th August that a letter of award has been agreed with PV Drilling for the PVD III jack-up…

    Read more
  • Xodus launches floating offshore wind study

    Xodus Group has started a three-year collaborative research project on the costs around floating offshore wind.   The study, led by Xodus through the IDCORE programme, is a collaborative partnership between the Universities of Edinburgh, Strathclyde and Exeter as well as the Scottish Association for…

    Read more