Perenco UK Ltd has let a contract to Rever Offshore as part of the larger Southern Hub Area Redevelopment Project (SHARP) in the southern North Sea. SHARP comprises two campaigns which will take place over the course of the next 18 months. Rever…
UK Insurers Urged by Treasury Committee to Pay Coronavirus Claims Insurers need to pay out on more claims related to the coronavirus pandemic, according to the head of the UK parliamentary committee which oversees the financial industry. “We are concerned that the insurance sector…
In our current COVID-19 world, the question posed looms larger than ever. After all, it was just a few years ago that shale legend Harold Hamm claimed OPEC a “toothless tiger,” suggesting that the US shale revolution had rendered the bloc ineffective over the world…
ADNOC and ADPower have issued a joint tender to develop and operate the MENA region’s first HVDC subsea transmission system. The system will connect ADNOC’s offshore production facilities to ADPower’s onshore electricity grid. The project should as a result reduce the carbon footprint…
Sonardyne International and XOCEAN have completed a live seabed-to-shore data mission for Norske Shell on the Ormen Lange gas field in the Norwegian Sea. The campaign involving use of an XOCEAN XO-450 unmanned surface vessel (USV) for A/S Norske Shell, was completed earlier this…
AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company has announced that a positive decision document in respect of the testing of the West Newton A-2 well (‘WNA-2’) on PEDL183, has been received from the Environment Agency (‘EA’) by Rathlin…
“The theme for this quarter is seismic.” The above statement, from consultancy EY’s new report on the oil and gas market outlook for the second quarter of 2020, perhaps best encapsulates what the industry is experiencing amid the fallout from the COVID-19 pandemic. The report acknowledges…
There are 27 oil tanker vessels with more than 20 million barrels of crude anchored off the coast of Southern California, waiting to offload their cargoes as coronavirus pandemic shatters demand for oil. “Due to the unique nature of this situation, the US Coast…
Sasol Ltd and partner Total SA have completed fully suspending operations until further notice at their jointly owned National Petroleum Refiners of South Africa (Pty) Ltd (Natref) 108,000-b/d refinery in Sasolburg, South Africa, amid reduced regional demand resulting from measures aimed at reducing the spread…
Delmar Systems Inc has completed the 200th mooring line release using its RAR Plus releasable mooring system. The milestone was achieved during Equinor’s Barents Sea drilling campaign with Odfjell’s semi-submersible Deepsea Atlantic. The rig disconnection was performed in less than an hour and…
