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Rawwater Engineering Company moves into Japanese nuclear sector

Rawwater Engineering Company moves into Japanese nuclear sector   Rawwater Engineering Company, whose specialist alloy seals for the oil and gas sector are being adapted to support Sellafield decommissioning challenges, has today announced a contract that will take the company into the Japanese nuclear sector.   Major Japanese energy operator Tokyo Electric Power Company (TEPCO) is to explore the use of Rawwater Molten Metal Manipulation (M3) technology across its nuclear power...

Emerson Advances Digital Transformation with Industry’s Most Comprehensive Operational Analytics Portfolio

Emerson Advances Digital Transformation with Industry’s Most Comprehensive Operational Analytics Portfolio   Following years of strategic investment and innovation, Emerson has developed the industry’s most comprehensive operational analytics portfolio, delivering actionable insights to address industrial manufacturers’ most pressing operational challenges.   “The amount of data created in a manufacturing facility today is unprecedented, and there’...

Total inks long-term charter for high-efficiency LNG newbuild

Total inks long-term charter for high-efficiency LNG newbuild   Greece’s TMS Cardiff Gas has struck a long-term charter agreement with Total Gas & Power for one of its 11 ‘X Carrier Series’ LNG carriers under construction in South Korea. The charter will be for a minimum of seven years and was signed with Total’s Meyrin-Geneva branch. Being built at Samsung Heavy Industries (SHI) in South Korea, the LNG carrier will have a capacity of 174,000 m3 with...

Transocean dodges $1.1 billion in future costs by relinquishing interests in two drillships

Transocean dodges $1.1 billion in future costs by relinquishing interests in two drillships   Transocean announced that two of its indirect, wholly-owned subsidiaries will relinquish their respective interests in two drillships under construction – the Ocean Rig Santorini and the Ocean Rig Crete – to Samsung Heavy Industries Co., Ltd. (“SHI”). Upon relinquishment of the drillships, Transocean’s indirect, wholly-owned subsidiaries will not make further pay...

ADNOC Drilling completes its first offshore Integrated Drilling Services well

ADNOC Drilling completes its first offshore Integrated Drilling Services well   ADNOC Drilling announced the completion of its first offshore integrated drilling services (IDS) well in Abu Dhabi’s Umm Lulu offshore oilfield. This milestone follows the successful completion of 14 onshore IDS wells over the course of this year, underpinning ADNOC Drilling’s transformation into a fully integrated drilling services company that offers start-to-finish drilling and well construc...

Sonardyne instruments chosen by A/S Norske Shell for long-term reservoir monitoring

Sonardyne instruments chosen by A/S Norske Shell for long-term reservoir monitoring   A/S ell is launching a 10-year seabed subsidence monitoring campaign at its Ormen Lange field in the Norwegian Sea, using long-endurance sensors from subsea monitoring specialist Sonardyne International Ltd. Norske Shell’s goal is to continuously monitor any movement of the seafloor at Ormen Lange, Norway’s second largest gas field. The data will help the energy company to detect chang...

Jack-up rig mobilised for Empyrean Energy's drilling campaign offshore Indonesia

Jack-up rig mobilised for Empyrean Energy's drilling campaign offshore Indonesia   Empyrean Energy Plc has announced that the Asian Endeavour-1 jack-up rig, owned by China Oilfield Services Ltd (COSL), has mobilised from Singapore and is now en-route to the first well in the company's drilling campaign in the West Natuna Basin, offshore Indonesia, in which Empyrean holds an 8.5% interest. The campaign will comprise of two wells, an appraisal well designed to primarily appra...

Equinor’s big bet on wind will rival major oil projects

Equinor’s big bet on wind will rival major oil projects   The offshore wind project Dogger Bank in the UK North Sea will not only be Equinor’s largest project through 2026, it will also rank as the sixth largest offshore development project in the world during this period, according to Rystad Energy. UK authorities announced on Friday that Equinor and joint venture partner SSE have been chosen to develop the world’s largest offshore wind farm, Dogger Bank, with an...

Sparrows Group achieves certification first in Saudi Arabia

Sparrows Group achieves certification first in Saudi Arabia   Sparrows Saudi Arabia LLC has become the first company in the Kingdom to be awarded Approved Service Provider Recognition for crane maintenance and overhaul by the American Bureau of Shipping (ABS). The certification demonstrates conformity to recognised industry standards and applicable ABS rules following an audit process. All crane manufacturers, including Sparrows Original Equipment Manufacturer (OEM) brands, are cov...

Hurricane Energy announces 1H19 results

Hurricane Energy announces 1H19 results   Hurricane Energy has provided its 2019 interim report and half-year results for the period ended 30 June 2019. 2019 Interim results summary Financial results The Group recognised revenue for the first time relating to a single cargo of crude oil that was sold in the period. This resulted in the Group recording an operating profit of US$1.2 million (1H18: operating loss of US$4.7 million). The Group recorded a loss after tax for 1...

Shearwater GeoServices awarded seismic survey project in Southeast Asia

Shearwater GeoServices awarded seismic survey project in Southeast Asia   Shearwater GeoServices has been awarded a combined 3D and 2D seismic survey project for its multi-purpose vessel SW Vespucci. The contract covers an area of 1,600 sq km for 3D seismic with associated 2D work to be executed over a 1.5-month period from the end of the third quarter. This month, Shearwater also secured two survey projects in the South America region. Source: splash247.com

SeaBird awarded 2D seismic survey in Africa

SeaBird awarded 2D seismic survey in Africa   SeaBird Exploration is pleased to announce that the company has signed a contract to acquire a 2D seismic survey for an international oil & gas company in the Africa region. The survey is due to commence towards the end of September and is estimated to run for approximately three weeks. The company will be using the Nordic Explorer for the work. The 2D survey in the Africa region fits well with the previously reported 10,000 km 2...

Plexus Holdings Plc First POS-GRIP Wellhead Installed for Gazprom

Plexus Holdings Plc First POS-GRIP Wellhead Installed for Gazprom   Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP(R) friction-grip method of wellhead engineering, is pleased to announce that its Russian licensee LLC Gusar ('Gusar'), has successfully installed the first wellhead for Gazprom as part of the previously announced contract to supply POS-GRIP rental wellhead gas exploration equipment to OAO Gazprom...

Gazprom at final stage of considering entrance into projects in Argentina

Gazprom at final stage of considering entrance into projects in Argentina   Russia’s top gas producer Gazprom is at the final stage of considering the issue of entering into projects in Argentina and expects more clarity after the political situation in the country stabilizes, Director of the company’s representative office in Brazil Shakarbek Osmonov said in an interview with Gazprom magazine. In 2018, several meetings were held between YPF and Gazprom International fo...

Emerson Deepens Commitment to Manufacturers’ Top Quartile Performance with New Digital Transformation Organisation

Emerson Deepens Commitment to Manufacturers’ Top Quartile Performance with New Digital Transformation Organisation   As leaders across industries work to realise measurable business improvement in today’s complex technology environment, global engineering and technology company Emerson announced today it has established a dedicated organisation focused on digital transformation technologies and programmes. The new Digital Transformation business – announced at the...

Energean: Israel-backed Greek oil company hungry for Mediterranean gas

Energean: Israel-backed Greek oil company hungry for Mediterranean gas   In Greece, as the economy returns to “business as usual” after the financial crash, the government is selling off massive new oil and gas fields in the Ionian sea and on the country’s western coast. But from Corfu in the north to Crete in the South, a resistance movement is growing to “save the Greek seas”. One of the companies involved is Energean: a fast-growing oil and gas com...

Chevron and partners approve oil recovery project at St. Malo field

Chevron and partners approve oil recovery project at St. Malo field   Chevron and its partners have sanctioned a waterflood project in the US Gulf of Mexico with a goal to increase oil recovery from the St. Malo field, which has been in production since late 2014. Located nearly 450.6km south of New Orleans in Louisiana, the St. Malo field is estimated to produce for another 30 years. According to Chevron, the waterflood project is its first in the deepwater Wilcox trend. The pr...

OPEC to cut cost of overproduction by 50% - Timipre Sylva

OPEC to cut cost of overproduction by 50% - Timipre Sylva   The Honourable Minister of State, Petroleum Resources, Chief Timipre Sylva, on the 21st of September said that there will be no Organisation of Petroleum Exporting Countries (OPEC) cut off oil production by 50 per cent as previously reported rather, there will be a cut for overproduction of the 57,000 barrels per day. Sylva said: “We didn’t say there was going to be OPEC cut by 50 per cent, that means we will n...

Baron Oil awarded licences in UK Continental Shelf

Baron Oil awarded licences in UK Continental Shelf   Baron Oil Plc has been awarded exclusive licences over seven blocks and part blocks in the Inner Moray Firth (IMF), part of the UK Continental Shelf. Baron Oil and its partners have been formally awarded these blocks by the UK Oil & Gas Authority (OGA) following the UK 31st Offshore Licensing Round. These Innovate Licences are held by Corallian Energy Ltd (Corallian) (Operator, with 45%), Upland UK Limited (40%) and Baron Oil...

Union Jack Oil highlights “significant progress” in onshore oiler’s half yearly results

Union Jack Oil highlights “significant progress” in onshore oiler’s half yearly results   Union Jack Oil PLC executive chair David Bramhill highlighted “significant progress” across its three key projects - West Newton, Biscathorpe and Wressle – as the onshore oiler released its half yearly results. “Developments at these three assets can be expected to provide an active stream of newsflow throughout the remainder of 2019 and beyond,”...
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