The Oil & Gas Technology Centre and the University of Aberdeen plan to create a new Decommissioning Centre of Excellence, working in partnership with the offshore industry. Over the next decade, around 100 platforms and 7,500 kilometres (4,660 miles) of pipeline are set to…
Shell EP Middle East Holdings BV has agreed to sell the entire share capital of Shell Iraq BV (SIBV), which holds its 19.6% stake in the West Qurna 1 oil field, for US$406 million, to a subsidiary of Japan’s Itochu Corporation. The purchaser will…
India has proposed to build a pipeline from the country’s east coast to deliver oil products, mainly diesel, to Myanmar, a Myanmar government official said on 23rd March. “We have already connected oil and gas pipelines to China and Thailand, and we considered connecting…
BP will drill its first deep-water exploration well at a block it operates in the southern Gulf of Mexico in the third quarter of 2020, according to a plan approved recently by Mexican oil regulator CNH. The four-year exploration plan for the block located…
Swedish oil and gas company Lundin Petroleum has chartered two LNG-powered platform supply vessels from Island Offshore. The contract was awarded to Island Offshore by Lundin’s Norwegian subsidiary Lundin Norway. CEO Havard Ulstein confirmed for Offshore Energy Today that the vessels in question…
Vietnam has cancelled a major oil project in the South China Sea for the second time in a year, in the wake of Chinese pressure, according to a BBC report. State-owned PetroVietnam ordered Spanish energy firm Repsol to suspend a project off the south-east…
AIM-listed UK Oil & Gas Investments (UKOG) has announced that it has been informed by Horse Hill Developments Ltd (‘HHDL’), the operator of Horse Hill licences PEDL137 and PEDL246, containing the Horse Hill-1 (‘HH-1’) oil discovery, that it has now received final decision notices from…
Asset lifecycle services specialist Bilfinger Salamis UK has been awarded a ‘multimillion-pound’ contract for technical manpower services on Shell UK Limited southern North Sea (SNS) assets. Bilfinger said on the 21st March that the three-year contract covered the execution of maintenance operations services on…
China’s state-run national petroleum company has signed a deal worth US$1.18 billion for stakes in two oil and natural gas concessions in the United Arab Emirates’ capital of Abu Dhabi. The state-owned Abu Dhabi National Oil Company has signed the 40-year deal with China…
The East Mediterranean could become a hub to export gas to Europe — and the fastest and cheapest way to do that is to utilize idle processing plants in Egypt, a senior executive with Italian energy company Eni said on the 21st March. Eni’s…
