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World Oil News
Veolia Water Technologies, through its subsidiary VWS Westgarth Ltd, has been awarded a multi-million-dollar contract by the Yellowtail – SBM Offshore/McDermott Joint Venture for the supply of a seawater treatment process module for the One Guyana FPSO that will operate in the Stabroek block, offshore Guyana. Source
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OPEC+ is considering a reduction in its production limit of as much as 2 million barrels a day, although the impact on global supply could be smaller. Source
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Petrofac has officially taken over operatorship of the Northern Endeavour FPSO facility on behalf of the Australia Government, marking a major milestone in the landmark decommissioning contract. Source
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Lisa Edvardsen Haugan has been appointed as the new President of Kongsberg Maritime, the largest business area of KONGSBERG. She takes the helm after Egil Haugsdal. Source
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The world’s biggest oil company reiterated its warning that producers’ spare capacity is running low and said there wouldn’t be any left once China ends its Covid Zero strategy. Source
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Heerema Marine Contractors’ semi-submersible crane vessel, Thialf, crossed under the Storebaelt Bridge, known as the ‘gate to the Baltic Sea,’ marking the first time a Heerema crane vessel has accessed the region. Source
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Heerema Marine Contractors crossed the Storebaelt Bridge, known as the ‘gate to the Baltic Sea’ with the semi-submersible crane vessel Thialf, marking the first time a Heerema crane vessel has accessed the region. Source
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American operator Zion Oil and Gas continues to be optimistic about a wildcat well it has drilled onshore Israel. Source
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These studies provide an accurate, unique, and independent assessment of carbon storage opportunities coupled with a desktop-ready database required for informed and rapid decision making. Source
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Hungary is one of the EU nations most reliant on Russia for energy, and has seen the cost of oil and gas imports soar to an estimated $19 billion this year from $4 billion in 2019, according to government data. Source
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