INPEX has completed the first shipment of condensate from the Ichthys LNG project offshore northwest Australia. The cargo departed from the FPSO Ichthys Venturer, moored in the Browse basin, 220 kilometres (136 miles) offshore. It is destined for the Asian market. Later this…
Royal Boskalis Westminster has been awarded the ‘Tyra Redevelopment Subsea Installation Phase II’ contract by Total E&P Denmark. The sizable contract includes subsea engineering, procurement, fabrication and installation for the Tyra Redevelopment project in order to extend the operational lifetime of the Tyra offshore…
In the race to solve a fuel-import crisis in Nigeria, Africa’s richest person faces competition from a swarm of tiny challengers. Billionaire Aliko Dangote is building a 650,000 barrel-a-day refinery in Nigeria which will help cut the nation’s US$7 billion annual fuel-import bill. Such…
Rex International Holding aims to start oil production from block 50 offshore Oman next year following new studies of the GA South 1 discovery well and seismic data. The company had previously sought to scale back its equity in the 17,000-square kilometre (6,564-square mile)…
Singapore’s provider of engineering, fabrication, and construction for oil & gas industry Dyna-Mac has entered into a strategic alliance with Joint Efficient Developments Consultancy (JEDCO) and Meridian Marine Industries. Dyna-Mac said on the 2nd October it had entered into the tripartite collaboration through its…
Shell Canada Energy has taken a final investment decision on its 14-million tonne/year liquefaction joint venture, LNG Canada, in Kitimat, BC, allowing work to begin immediately. TransCanada Corporation will build, own, and operate the 2.1-bcfd Coastal GasLink pipeline which will deliver gas to the…
Lundin Petroleum has announced that its wholly-owned subsidiary Lundin Norway has entered into an agreement with Equinor under which Lundin Norway will acquire Equinor’s entire 15 percent working interest in the Lundin Norway operated licence PL359, containing the Luno II oil discovery. The acquisition…
Heerema Marine Contractors and AF Offshore Decom, together known as the HAF consortium, have been awarded a contract from Marathon Oil for the Brae Bravo platform decommissioning. The consortium will carry out engineering, preparation, removal, and disposal (EPRD) services of the Brae Bravo Platform…
Senegal’s deep-water SNE field is on track for first oil in 2022, Fitch Solutions Macro Research has stated in a new report. “Key 2018 milestones include the submittal of the environmental and social impact assessment and the evaluation report outlining commerciality,” Fitch Solutions Macro…
The American Petroleum Institute and other leading US business organisations initially welcomed the US-Mexico-Canada Agreement, which the Trump administration said would improve terms for them under the 1994 North American Free Trade Agreement it apparently would replace. Business groups also have begun to analyse…
