News

  • Bahamas Petroleum signs rig contract for Perseverance-1 well

    Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas, has announced that, having postponed its Perseverance-1 drilling operation from H1 2020 due to the Covid-19 pandemic, it has entered into a definitive contract…

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  • ConocoPhillips gets safety nod to use Valaris rig for Ekofisk wells

    ConocoPhillips has received consent from the Norwegian offshore safety watchdog, Petroleum Safety Authority (PSA), to use the Rowan Norway rig (Valaris JU-292) on the Ekofisk field offshore Norway.   According to the safety authority’s statement on the 25th May, the consent applies to the plugging…

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  • Boskalis takes delivery of pre-lay plough for Hornsea Two

    Soil Machine Dynamics Ltd (SMD) has delivered a purpose built pre-lay plough to Boskalis for use at Ørsted’s Hornsea Two wind farm offshore the UK.   Boskalis will use the multi-functional pre-lay plough to install 380 km (236 miles) of export cables which will ultimately…

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  • Sweden approves offshore route for Baltic Pipe

    Sweden’s government has approved construction of Baltic Pipe gas pipeline through the Swedish Exclusive Economic Zone (EEZ) in the Baltic Sea.   This concludes the process of obtaining construction permits from all countries which the new pipeline system will cross.   The route through the…

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  • Total and Gaussin Developing World’s First Full Electric ART

    Gaussin and Total are jointly developing the world’s first full electric ART® (Aircraft Refueller Transporter).   Planned for the Airbus industrial site in Toulouse, this prototype will be capable of towing two fuel tankers, with a fuel capacity of 30 tons each.   Delivery is…

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  • US LNG Cancellations Surge With Storage Space Dwindling

    US liquefied natural gas producers face a wave of order cancellations as global buyers struggle with growing stockpiles of the fuel along with demand weakened by the coronavirus crisis.   All US projects could get requests to cancel a total of 35-45 cargoes for July…

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  • Coro Energy gets approval for Indonesian block entry

    Coro Energy has received all necessary regulatory approvals for the transfer of a 15 per cent interest in the Duyung PSC, located offshore Indonesia, and has completed the acquisition of the interest.   Coro Energy entered into an agreement to buy a 15 per cent…

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