Aquaterra Energy has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. SourceContinue Reading
World Oil’s Deepwater Development Conference (MCEDD) got underway on March 25 in Madrid, Spain, and has been thriving this week. There is no mistaking the renewed, growing interest in deepwater projects, and the attendance and program confirm it. Attendance is running significantly ahead of last year’s conference, and the list of topics presented/debated is more...Continue Reading
Baker Hughes announced Wednesday a multi-year contract with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to provide integrated coiled-tubing drilling services for the company’s Margham Gas storage project. SourceContinue Reading
The addition of the Nguya floating liquefied natural gas (FLNG) vessel is part of the second phase of the Eni-operated Congo LNG project and is expected to increase the project’s production capacity by 2.4 million tons per annum (MMtpa). SourceContinue Reading
Executives at U.S. shale companies expect President Donald Trump’s 25% steel import tariffs to lead to lower activity in the shale patch, according to the latest energy survey from the Federal Reserve Bank of Dallas. SourceContinue Reading
DNV, the independent energy expert and assurance provider, has announced a new recommended practice, DNV-RP-B205: Digital inventories and on-demand manufacturing, set to transform parts management in the energy sector. SourceContinue Reading
In addition to integrated execution, the project will utilize Subsea 2.0® configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first oil. SourceContinue Reading
bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. The contract between North Oil Company (NOC), North Gas Company (NGC) and bp includes the rehabilitation and redevelopment of the fields, spanning oil, gas, power and water with potential...Continue Reading
Société Nationale des Pétroles du Congo (SNPC) has outlined its forthcoming Gas Master Plan (GMP) designed to promote gas utilization and attract foreign investment while reducing dependency on oil revenues and expanding the country’s power grid. SourceContinue Reading
