News

TechnipFMC to carry out upgrade on Woolside’s Pluto Platform

November 5, 2018
Pluto Platform The Pluto Liquefied Natural Gas (LNG) Project is located 190km north-west of Karratha, in Western Australia, in the Northern Carnavon Basin and became operational in 2012. The project… >more

Equinor acquires Chevron’s Rosebank stake in West of Shetland development

October 5, 2018
Norwegian operator Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project. Equinor’s executive vice president for global strategy & business development and UK country… >more

Canada LNG is entering construction phase immediately after FID announcement

October 2, 2018
Rendering of the North West side of the LNG Canada. Courtesy LNG Canada (for Claudia Cattaneo story) The LNG Canada project, a joint venture led and operated by Royal Dutch… >more

Oil Prices hit 4-year high

September 25, 2018
Oil prices have hit a four-year high of over $81 (£62) a barrel, up 3% on the day. Some analysts are drawing comparisons to the oil prices in 2008 and… >more

Mozambique on Track to Become a World Leading Gas Supplier – One Project at a Time.

September 11, 2018
Photo: mzlng.com Mozambique are looking to establish the country as a world leader within the LNG sector through heavy investment in multi-scale projects. Foreign energy giants such as ExxonMobil and… >more

ONGC’s Offering Two Tendering Packages for Key Offshore Projects

September 3, 2018
Photo: Bloomberg India’s state-controlled Oil & Natural Gas Corporation has offered two key offshore engineering, procurement and construction contracts for projects off India’s west coast. The two EPC packages are… >more

RENEWABLE ENERGY IN LATIN AMERICA – ATTRACTING THE WORLD’S ENERGY GIANTS

August 24, 2018
Ten years ago, the renewable energy market didn’t really exist in Latin America. Total installations during 2007 in the region amounted to 30MW, to bring total installed capacity up to… >more

A 12 year production ban is lifted in Qatar – These are the projects to watch

August 13, 2018
Natural gas of Qatar’s northeast coast was first discovered in 1971, and no one could have known how important the find would prove itself to be in later years. After… >more

Nine Dash Line and The Blue Whale Project – What Will Happen?

July 27, 2018
Ca Voi Xanh, or the Blue Whale field located in Vietnam has an estimated 150 billion cubic meters of reserves. The project, an offshore pipeline will feed four power plants… >more

The 7$bn Johan Castberg Project Gets Government Approval

June 20, 2018
The Johan Castberg Project gets consent from the Norwegian Government. The Johan Castberg field development project consists of three oil discoveries, Skrugard, Havis and Drivis. The field is located approximately… >more

Green Light for Total Zinia 2 Offshore Angola

June 7, 2018
After a long wait Total have taken a Final Investment Decision (FID) on its Zinia 2 development in Block 17 located 150km offshore Angola. The Zina 2 project is designed… >more

Repsol and Google- an unlikely match for collaboration?

June 5, 2018
Repsol and Google has announced that the two giants will be teaming up to boost oil refinery efficiency. Repsol is hoping to cut cost and boost margins through deploying the… >more

KrisEnergy releases EPCIC Tender for the Apsara Oil Field Project

May 29, 2018
Tender process launched for development of KrisEnergy’s offshore Cambodia Apsara Oil Field Project, drawing interest from all Asian contractors. Independent Singaporean oil company KrisEnergy are finally inviting contractors to tender… >more

Forty Thousand new Oil and Gas Jobs by 2035 in the North Sea Region

May 15, 2018
A new critical study by OPTI and RGU estimates forty thousand new oil and gas jobs by 2035 in the North Sea region … OPITO and Robert Gordon University recently… >more

OTC 2018: 100 offshore projects to be sanctioned this year, Mentor in the front line

May 10, 2018
After visiting this year’s 50th annual OTC in Houston, Texas, Mentor IMC Group has seen an upturn in the Oil & Gas industry, particularly concerning the offshore sector. From 30th… >more

Vito Field Development Reaches FID with a competitive break-even price

May 2, 2018
Shell’s Gulf of Mexico Vito Field Development reaches final investment decision with forecast for profitable oil prices thanks to new simplified design alterations. Energy Operator Giant Royal Dutch Shell PLC… >more

LNG Canada: Fluor and JGC in the lead for US$14 billion EPC contract

April 26, 2018
The LNG Canada project, a joint venture led and operated by Royal Dutch Shell, located in Kitimat, British Columbia, the westernmost province in Canada. LNG Canada: Fluor and JGC in… >more

Chevron receives go-ahead for $5.1 Billion Gorgon Expansion Project

April 18, 2018
Chevron are proceeding to the second stage of the $54 billion Gorgon gas project. Gorgon LNG expansion project is the second part of the Gorgon development plan, which includes the… >more

World’s four leading subsea equipment suppliers to compete in FEED bid for Inpex’s Ichthys phase 2

April 17, 2018
World’s four leading subsea equipment suppliers to compete in FEED bid for Inpex’s Ichthys phase 2 development over the next four to six months. For two years, Japanese operator INPEX… >more

Dominion Energy’s $4billion Cove Point LNG facility has entered commercial service

April 13, 2018
On Tuesday the Richmond-based energy giant, Dominion Energy Inc announced that the Cove Point LNG terminal in Maryland had begun commercial operation. On the 2nd of March the first vessel… >more

Cassia Compression Project moves to FID after FEED was completed in 2017

April 11, 2018
BP & Repsol Cassia Compression brownfield development project expected to reach FID by end of 2018 as Fluor have completed feed activities in 2017. Last year, Texas-based EPC corporation Fluor… >more

Chevron To Relaunch Tender Process for Rosebank

March 29, 2018
Chevron to relaunch tender process for Rosebank production vessel later this year as it advances through feed phase and progresses towards FID. Discovered fourteen years ago 80 miles north-west of… >more

Barossa Development Proposal Approved

March 29, 2018
Barossa Development- first new standalone offshore project proposal in Australia since 2013 Barossa development is a gas and condensate field located in the Timor Sea offshore Australia, in the Bonaparte… >more

The Marjan Project, a $12 billion-dollar opportunity for contractors

March 29, 2018
The Marjan Field- a $12 billion dollar opportunity for contractors The Marjan Development project is predicted to be Saudi Aramco’s largest upstream development project in 2018 and is gaining attention… >more

Greater Tortue Moves to FID

March 28, 2018
McDermott International and GE company Baker Hughes selected for key subsea contracts for BP/Kosmos Energy’s proposed gas field development. UPDATED ON THE 23/04/2018: TechnipFMC awarded FEED contract  for Tortue FPSO.… >more

Shell’s Penguins Redevelopment – What’s the latest?

March 23, 2018
ROYAL DUTCH SHELL PLC’S NORTH SEA PENGUINS FIELD REACHED FINAL INVESTMENT DECISION TO REDEVELOP THE AREA WITH A $1bn INVESTMENT IN JANUARY 2018. First developed in 2002 after its discovery… >more

Catcher FPSO Arrives at Oilfield in The North Sea

October 23, 2017
Commissioning activities have commenced on Premier Oil’s Catcher FPSO ahead of its 7-year contract at the oilfield. The floating production, storage and offloading (FPSO) vessel arrived in Cromarty Firth, in Scotland… >more

Premier Oil’s Catcher FPSO Arrives in the North Sea

October 10, 2017
The Catcher floating production, storage and offloading (FPSO) vessel arrived in Cromarty Firth on 10th October ahead of its 7-year contract at Premier Oil’s Catcher field. Mentor IMC Group, supporting… >more

UK Offshore Wind Hits Record Low Price

September 12, 2017
The price of offshore wind energy to be produced in UK waters hit a record low as the government awards contracts for a new series of offshore wind farms.  … >more

Total Plans Kaombo FPSO Output Start

August 1, 2017
Total has scheduled the dates for first output for its Kaombo FPSO off Angola. Total is set to begin production from one of the two Kaombo floaters in Angola as soon… >more

Floating Offshore Wind – Statoil’s Hywind project

July 24, 2017
Renewable energy technology in Europe has taken a step forward with the turbines of Statoil’s concept Hywind Pilot Park floating offshore wind farm shortly to be towed into position. The… >more

Maersk Resolve heads to Wintershall

July 3, 2017
The Maersk Resolve jack up rig has left Denmark’s Port of Esjberg and is heading for the Winchelsea II well in the UK’s North Sea. Maersk Drilling secured a one-well… >more

Maintenance contract for Petrobras

May 22, 2017
Oil company Petrobras has renewed its contract with Actemium Oil & Gas Belo Horizonte (VINCI Energies International & Systems) for maintenance and minor improvement works at its Mossoro gas extraction… >more

Favourable winds for offshore wind power in Europe

May 19, 2017
Investments in offshore wind power – a sector in which Europe leads the world – reached record levels in 2016. And VINCI Energies is contributing to the accelerating deployment of… >more

Brooklyn residents involved in scheme to sell their own energy

May 19, 2017
Blockchain technology could be as big a revolution as the internet, and the household energy market is right at the forefront of it. The trendy New York neighbourhood of Brooklyn… >more
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