News

  • Oman-Kuwait JV lets contract for Duqm petchem complex

    Duqm Refinery & Petrochemical Industries Company LLC (DRPIC), Muscat, a joint venture of state-owned Oman Oil Company and Kuwait Petroleum Corporation subsidiary Kuwait Petroleum International Ltd, has let a contract to John Wood Group Plc to provide front-end engineering design for a proposed onshore petrochemicals…

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  • UK firm launches revolutionary wellhead and tree equipment package

    A UK equipment supplier has announced a joint venture which will allow it to supply a revolutionary surface wellhead and tree production equipment package, which will enhance oil and gas production integrity and reduce the need for long-term repair and maintenance.   Plexus, which is…

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  • Supply Vessel Collides into North Sea Platform

    The supply vessel PSV Sjoborg collided into the Stratfjord A platform at 1:55 am Norwegian time on the 7th June, Equinor has revealed.   The incident occurred in connection with loading operations, according to Equinor. There were 276 people on board Statfjord A when the…

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  • Lukoil enters Eni’s licence offshore Congo for US$800 million

    Russian oil and gas company Lukoil has concluded an agreement with New Age to acquire a 25% interest in the Eni-operated Marine XII license in the Republic of Congo for US$800 million in cash.   The transaction is subject to customary conditions, including the approval…

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  • CNOOC subsidiary due 10% interest in Arctic LNG 2

    CNOOC Ltd and its subsidiary CEPR Ltd have signed an agreement with Novatek and Ekropromstroy LLC, a wholly-owned subsidiary of JSC Novatek, to acquire a 10% equity interest in Arctic LNG 2 LLC.   Novatek plans three liquefaction trains at the 19.8 million-tonne/year Arctic LNG…

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  • Researchers to study Arctic Spill Response and Clean-up

    Researchers from Dalhousie University recently received US$523,000 in Canadian federal government funding to investigate strategies to separate oil from water better and examine the risk of spills in the Canadian Arctic Archipelago.   As climate change accelerates the melting of sea ice in the Arctic,…

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  • Damen refits heavy-lift jack-up

    DEME Offshore’s newest heavy-lift jack-up Apollo has completed a one-month conversion project at Damen Shiprepair Dunkerque.   This project involved the installation of a moonpool on the main deck. The moonpool installation involved creating an opening right through the centre of the vessel, from the…

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