The Canadian government has invoked oil and gas transit rights under a decades-old treaty with the US to stop Michigan’s attempt to shut down an Enbridge Inc pipeline under the Great Lakes. A 1977 agreement states Canada and the US must allow natural gas…
European banks are beginning to drop clients who pose a climate risk rather than face the possibility of higher capital requirements, according to the watchdog overseeing the development. Banks are raising prices, denying loan requests, “de-selecting industries and in some cases clients,” said Jacob…
Hungary is receiving gas from Ukraine on the 4th October, Hungarian pipeline operator FGSZ said, but it declined to name the trading firm delivering the gas. Under a long-term supply deal with Budapest that took effect on the 1st October, Russian gas producer Gazprom is set to supply Hungary with gas via Serbia…
Oil and Natural Gas Corporation Ltd subsidiary ONGC Videsh Ltd spudded Kanchan#1 in Block SS04, offshore Bengal basin, Bangladesh, at Maheshkhali Island on the 29th September. The well, expected to be drilled to a depth of 4,200 metres to target two prospective formations, is…
The giant semi-submersible crane vessel (SSCV) Thialf owned by Heerema Marine Contractors has removed Shell’s Goldeneye wellhead platform located in the UK North Sea. The decommissioning programme for the field installations and pipelines to the UK authorities was submitted in November 2018. Approval of…
Van Oord has won a contract to undertake the specialised seabed interventions services of subsea rock installation (SRI) for the Ormen Lange field. The contract scope involves the seabed intervention works consisting of pre-lay structure foundations, pipeline and umbilical route preparation. Additionally, it…
Van Oord has commissioned Yantai CIMC Raffles in China to build a jack-up vessel which can install up to 20-MW offshore wind turbines and foundations. Designed by Knud E Hansen, the jack-up vessel is expected to enter the market in 2024 and will work…
A consortium of TotalEnergies, Macquarie’s Green Investment Group and Scottish developer RIDG has announced their bid for an offshore wind project in an area west of the Orkney Islands. The two-gigawatt proposal – named the West of Orkney Windfarm – has the potential to…
Qatar has ordered four new liquefied natural gas tankers worth more than 2.8 billion rials (US$762 million) from a Chinese shipbuilder, as demand for the fuel booms. State energy firm Qatar Petroleum said on the 3rd October that the vessels will be built by…
European gas prices surged to all-time highs on the 1st October as Russia kept a tight lid on supply, signalling further price pressures on European consumers heading into the winter heating season. Russian gas supplies via the Yamal-Europe pipeline fell on the 1st October by almost 77% from the 30th…
