Oil & Gas Industry News and Articles
On 15 July 2022, Algeria announced that starting from the second half of July 2022 it will supply 4 billion cubic meters of gas to Italy. Algeria is one of the key sources of gas imports and this decision reflects the deep-rooted historical ties with the country. April 2022, Eni’s Chief Executive Officer, Claudio […]
Under the contract scope, CB&I will provide the FEED of the ammonia tank and associated Inside Battery Limits (ISBL) equipment. McDermott will support with FEED activities for the interconnecting pipeline, tie-ins and other Outside Battery Limits (OSBL) scope. As part of the FEED, a project execution cost estimate will be developed as basis for a […]
DolWin kappa was constructed at the Dragados Offshore shipyard in Cadiz, Spain. Siemens Energy was commissioned by TenneT as a general contractor to build the system. Comprising an approximately 5,000-tonne foundation jacket and 11,000-tonne topsides housing high-voltage direct current (HVDC) technology, DolWin kappa is Allseas’ first complete platform installation for the offshore wind industry. […]
Sarawak Energy Berhad (SSB) (80%, Operator), a subsidiary of Shell plc, together with PETRONAS Carigali Sdn Bhd (20%), has taken a final investment decision (FID) to develop the Rosmari-Marjoram gas project. Rosmari-Marjoram fields are situated 220 kilometres (km) off the coast of Bintulu, Sarawak, Malaysia and will be powered by renewable energy, using solar […]
PETRONAS signed a Memorandum of Understanding (MoU) with Argentina’s largest integrated oil and gas company, YPF to pursue collaboration in Argentina in an integrated LNG project and other areas, including upstream oil, petrochemicals, and clean energy solutions. In addition to the MoU, YPF and PETRONAS’ operating entity in Argentina, PETRONAS E&P Argentina S.A. executed […]
The award will increase the Lower Zakum field’s gas production capacity from 430 million to 700 million standard cubic feet per day (MMSCFD), supporting ADNOC’s plans to enable gas self-sufficiency for the UAE and cater to increasing global energy demand. The Engineering, Procurement and Construction (EPC) contract was awarded by ADNOC Group Offshore to National […]
The 1.3GW offshore wind farm comprises 165 wind turbines, located 89km off the Yorkshire Coast, which will help power over 1.4 million UK homes with low-cost, clean, and secure renewable energy. The wind farm is situated alongside its sibling Hornsea 1, which together can power 2.5 million homes and make a significant contribution to […]
🔹Three-well contract with Eni Mexico S. de R.L. de C.V. offshore Mexico for semisubmersible VALARIS DPS-5. The contract is expected to commence in the fourth quarter of 2022 and has an estimated 240 days. The operating day rate is $313,500, plus approximately $1.2 million mobilization fee. 🔹Four-well contract extension with a duration in the […]
CeraPhi Energy has turned to Halliburton for its global expertise in well engineering and its seven decades of geothermal experience, the initial focus of the agreement will be to support CeraPhi’s existing opportunities of repurposing end-of-life oil and gas wells in the UK and USA. The companies expect the first project within the UK to […]
The demonstration cargo will be delivered to Aurubis, a leading global provider of non-ferrous metals and one of the largest copper recyclers worldwide, that has its headquarters in Hamburg. On arrival in Germany, HHLA Hamburger Hafen und Logistik AG (HHLA), one of Europe’s leading logistics companies will handle the cargo. Produced by Fertiglobe, a […]