Under the contract scope, McDermott will provide pre-FEED services for a proposed export-scale production facility for renewable and lower-carbon hydrogen and ammonia. Hydrogen will be produced using electrolysis technologies and natural gas reforming with carbon emissions abated or offset. “This award follows the successful completion of the concept study on H2Perth and decades of experience […]
The MoU outlines pathways for strategic cooperation between Aramco and Sinopec and supports the long-term relationship between the two companies and their existing joint ventures in China and in the Kingdom. The wide-ranging areas of potential cooperation include; assessing refining and petrochemical integration opportunities; engineering, procurement and construction; oilfield services, upstream and downstream technologies as […]
SHELL Overseas Investments B.V., a wholly owned subsidiary of Shell Resources Plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited and with it, the Sprng Energy group of companies from Actis Solenergi Limited (Actis). Sprng Energy, set up in 2017 by Actis, is a renewable energy platform based in Pune, India, and […]
Keppel Offshore & Marine (Keppel O&M)’s wholly-owned subsidiary, Keppel Shipyard, has won an international tender from Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras), for the engineering, procurement, and construction (EPC) of P-80, a Floating Production, Storage and Offloading vessel (FPSO) for about US$2.9b. Scheduled for completion in 1H 2026, the P-80 is the second […]
The well is in the oil province Golfo de Mexico Profundos located off the coast of Tamaulipas state. The well has a water depth of 1,663 vertical meters over sea level, the geological objectives are Wilcox superior and inferior and Cretasic Superior with an expected light oil hydrocarbon of 30/36 API at a temperature […]
Nova field is located in the Norwegian North Sea, the water depth is roughly 370 metres and consists of two subsea templates, one with three oil producers and one with three water injectors, tied back to the Gjøa platform. The expected recoverable gross reserves from the field are estimated at 90 million barrels of oil […]
Upstream Norway News ⚡💡 Congratulations to Wintershall Dea for “Storjo”, their recent gas exploration success in the Norwegian Sea, near the Skarv field by operator Aker BP ASA, with Wintershall Dea as a partner. Storjo is located in the PL261 license, 7 km northwest of the Skarv field and 230 km west of […]
The group anticipates that once a gas sales agreement has been made, field development work could begin in early 2023 with gas from Odin brought onstream later that same year. Concept engineering and work to commercialize Odin will be quickly followed by front-end engineering and design, detailed engineering, procurement, and construction. The Odin gas discovery […]
The energy transition is on its way: How well equipped is one of the key players – the oil and gas industry? To meet the ambitions of reducing global warming there is a need for change and extensive efforts toward new energy industries need to be taken. Norway has great opportunities within several new industries […]
Congratulations to Valaris Limited for having achieved an incredible milestone in regards to the reactivation process of its rig VALARIS DS-9. The reactivation started last December 2021 and involved more than 4,000 hours of work, the rig departed from Las Palmas and is heading to Angola to start operations with ExxonMobil. VALARIS DS-9 is one […]
