BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total, and Wintershall have committed to further reduce methane emissions from natural gas operations. The companies signed a Guiding Principles document in 2017 put forth by the Climate and Clean Air Coalition (CCAC) to address priority areas for…
Not many people had expected the US to turn to Europe for natural gas this winter. Yet the polar chill which has gripped the US East Coast this month, and sent spot prices to records, has led to a tanker loading a cargo of…
After successful announcements in Houston and London of Uruguay Round 3, for which 17 offshore areas for exploration and production of hydrocarbons are being offered, the process of qualification of oil companies has already started. Scheduled promotion activities for 2018 Houston: – Presentation at…
The UK Health and Safety Executive is investigating the causes of a crack in a key North Sea oil pipeline that disrupted production at more than 80 fields for weeks. While an HSE spokesman couldn’t comment further on the matter, such investigations are not…
Eni has signed a petroleum agreement with Moroccan state company ONHYM on taking a 75% operated stake in the Tarfaya Offshore shallow exploration permits I-XII. These are in the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan, and Tarfaya. Exploration rights…
Statoil is the latest addition to a Joint Industry Project (JIP) set to revolutionise subsea boosting pumps. Ask an equipment manufacturer for cheap, light, and strong, and most will tell you it cannot be done. Fuglesangs Subsea, project manager for the JIP, will tell…
Ramboll will merge its Oil & Gas and Energy divisions to accommodate the growing focus on sustainability and better support clients’ need for a full service, multidisciplinary offering. When Ramboll in 2016 entered the Chinese market, as the first foreign consultant on a large…
ExxonMobil and its partners have achieved a sixth oil discovery in the deepwater Stabroek block offshore Guyana. The drillship Stena Carron spudded the Ranger-1 well in early November in 8,973 feet (2,735 metres) of water. The well intersected around 230 feet (70 metres) of…
We are delighted to announce that Alan Brooks has joined LongdownEIC London in a part time capacity as Senior Consultant. Alan brings a wealth of technical and market knowledge from a forty year plus career in broking and risk management. He is widely recognised as…
A Portuguese-flagged chemical tanker sustained damage after hitting an offshore platform in the North Sea, on New Year’s Eve. Owned by John T Essberger from Germany, the 2013-built tanker Elsa Essberger was on its way from Antwerp to Malmo when it struck an unused…
