Iran’s crude exporters had a banner April, with shipments soaring to a record right before the possible re-imposition of US sanctions on their oil sales. Crude exports by OPEC’s third-biggest producer totalled 2.61 million barrels a day, according to the Iranian Oil Ministry’s Shana…
AWE says discussions have started with Indonesia’s regulator on a joint development of the G-sand and K-sand reservoirs for the offshore Ande Lamut (AAL) oil field in the north-west Natuna Sea. The partners have applied to move the G-sand resource from exploration status to…
Saudi Arabia’s efforts to shore up public finances and revive economic growth are still pretty much dependent on oil prices, even as the kingdom tries to reduce its reliance on revenue from crude exports. The world’s biggest oil exporter will need crude prices to…
The Cooper Energy Ltd-led joint venture producing from the Casino/Henry gas fields in the Otway basin offshore western Victoria has signed an agreement with BHP Billiton Petroleum Pty Ltd to acquire BHPB’s 90% interest in the onshore Minerva gas plant. Cooper already holds 10%…
The report, now available on ASDReports, recognises the following companies as the key players in the global bunker oil market: BP, Chevron, Exxon Mobil, Gazprom, HPCL, and Royal Dutch Shell. Commenting on the report, an analyst said: “One trend in the market is growing…
Survitec has won a contract to supply Total E&P UK with products and services to upgrade 12 lifeboats on the Alwyn North platform in the UK northern North Sea. The service includes comprehensive lifeboat overhauls and upgrades, and replacement of the release hook system…
Repsol Norge has permission from Norway’s Petroleum Safety Authority (PSA) for manned underwater operations at three fields in the North Sea. The campaign at the Yme, Ula, and Blane fields should be under way and will run until December, using the diving support vessels Seven…
Danish offshore driller Maersk Drilling has secured three consecutive contracts for the Maersk Resolute and a contract extension for the Maersk Resolve jack-up rigs. Both rigs are operating in the Dutch sector of the North Sea. In a statement on the 1st May, Maersk Drilling…
Dutch offshore giant Boskalis has presented its integrated service portfolio for the offshore energy market under one single brand name. Boskalis said on the 30th April that VBMS, Dockwise, and Fairmount would continue to offer their services under the brand name Boskalis. The…
Cayman Islands clean energy captive receives ‘Excellent’ rating Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of Palms Insurance Company, the Cayman Islands-based single parent captive of NextEra Energy Capital Holdings (NEECH). NEECH is owned by NextEra Energy, a…
