News

  • Companies team up to develop Singapore’s first carbon capture system

    Keppel Data Centres, Chevron, Pan-United, and Surbana Jurong, with the support of Singapore’s National Research Foundation, have signed a memorandum of understanding (MoU) to jointly develop the first end-to-end decarbonisation process and carbon capture system in Singapore.   Keppel said on the 2nd July that…

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  • Eni discovery extends gas play offshore Egypt

    Eni has discovered gas at the Bashrush prospect in the North El Hammad licence offshore Egypt’s Nile Delta.   The new discovery is in 22 metres (72 feet) of water, 11 km (7 miles) from the coast and 12 km (7.5 miles) north-west of the…

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  • Uruguay’s ANCAP lets contract for La Teja refinery

    Uruguay’s state oil company Administración Nacional de Combustibles Alcohol y Pórtland (ANCAP) has let a contract to KBR Inc to provide technology for a new unit to be added as part of a strategic upgrading project at ANCAP’s 50,000-b/d Eduardo Acevedo Vázquez refining complex at…

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  • Agile but Slow US Shale Recovery Likely

    When the extent of the coronavirus or COVID-19 pandemic and its impact on oil demand became apparent towards the tail end of the first quarter of 2020, US shale players near universally feared a slump to sub-US$20 per barrel crude prices.   It meant those…

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  • NHV helicopters land long-term job with Shell

    Offshore helicopter operator NHV Group has won a new long-term contract to provide helicopter services for Shell.   The gig with Shell started on Wednesday, 1 July 2020.   Under the three-year agreement, daily flights will depart from NHV’s bases in Den Helder and Norwich…

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  • North Sea drilling returns remain modest, consultant claims

    Interest remains strong for high-impact exploration drilling in the North Sea, according to Westwood Global Energy Group, despite a success rate of only 12% over the past five years.   Between 2015 and 2019, according to the consultant, 124 exploration wells were drilled across the…

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  • ConocoPhillips to restore production in Alaska and Lower 48

    ConocoPhillips will start restoring curtailed Alaska and Lower 48 production in July after cutting back production for second-quarter 2020.   Surmont production should increase from curtailed levels in this year’s third quarter.   For second-quarter 2020, curtailments were primarily related to oil production and averaged…

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  • Plan for World-Leading Clean Hydrogen Plant in the UK

    Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS).   The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the…

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