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Petrofac says Covid disruption continues to impact construction arm

Petrofac says Covid disruption continues to impact construction arm   Petrofac Limited, the international service provider to the energy industry, reported a strong performance from its Engineering & Production Services (EPS) arm for the current calendar year but said Covid-19 disruption continues to impact Engineering & Construction (E&C) project schedules and costs. The...

Well Plugging Resumes at Platform Holly

Well Plugging Resumes at Platform Holly   The decommissioning of Platform Holly is back on again, after a pause — as in all aspects of life — for the pandemic. The State Lands Commission held a town hall meeting on Thursday evening, announcing that the DCOR crews were back on the platform, had completed plugging four of the 30 wells, and might be completely done in 12-18 months. During the interval, as they near the end of the abandonment of the wells, the CEQA process...

Defunct North Sea oil rigs and gas pipelines could be reused to make green tech

Defunct North Sea oil rigs and gas pipelines could be reused to make green tech   Defunct oil rigs and pipelines could be recycled and reused in green technologies such as carbon capture and storage, hydrogen production, geothermal energy and offshore wind, a new report suggests. More than one million tonnes of scrapped oil and gas installations are set to be removed from the North Sea and broken up over the next decade in a major operation that will cost nearly £17 billion....

ICR secures Quickflange™ long-term hire contract for Aker Solutions in Angola

ICR secures Quickflange™ long-term hire contract for Aker Solutions in Angola    ICR Integrity (ICR), global provider of specialist maintenance, integrity, and inspection solutions, has been awarded a long-term hire contract with Aker Solutions for the provision of Quickflange™ weldless connections for bp’s offshore assets in Angola. The award recognises ICR’s commitment to growing the business further in West Africa having appointed Petrowork as its l...

DNV Ocean’s Future to 2050: Rapid growth of offshore wind will trigger an unprecedented race for ocean space

DNV Ocean’s Future to 2050: Rapid growth of offshore wind will trigger an unprecedented race for ocean space   Høvik, Norway, 16 December 2021 – The exponential growth of offshore wind power will be the main driver of a nine-fold increase in demand for ocean space by the middle of the century, according DNV’s Ocean’s Future to 2050.  The report forecasts that by midcentury, offshore wind will require ocean space which is the equivalent to the landma...

Aker BP to move ahead with $370m Hanz oil and gas project in Norway

Aker BP to move ahead with $370m Hanz oil and gas project in Norway   Aker BP and its partners Equinor and Spirit Energy have sanctioned the development of the Hanz oil and gas project in licence 028 B in the Norwegian North Sea with an investment of NOK3.3bn ($370m). The Hanz discovery will be tied into the Ivar Aasen platform, located nearly 12km further south. The Ivar Aasen field, which is operated by Aker BP, has been producing since late 2016. The plan for development and...

China Set to Start 2022 with Subdued Oil Appetite

China Set to Start 2022 with Subdued Oil Appetite   China, the world’s biggest buyer of crude, is set to start 2022 with a subdued appetite for oil. For that, you can blame -- or thank -- Beijing’s increasingly tough line on the virus, pollution, and rule-breakers. The winter months are usually the time when refiners buy crude to replenish inventories, particularly ahead of holiday trips over the Lunar New Year period. But uncertainty over the severity of the new omicro...

ENGIE & Equinor launch the H2BE project to kick-start low-carbon hydrogen market in Belgium

ENGIE & Equinor launch the H2BE project to kick-start low-carbon hydrogen market in Belgium   In February, energy groups ENGIE and Equinor announced an MoU to develop low carbon hydrogen projects together. Now the two companies move forward and announce the H2BE project which aims to develop production of low-carbon hydrogen from natural gas in Belgium. The Belgian federal government released its Hydrogen Strategy on 29 October and the H2BE project will help Belgium deliver on...

Risk Management and Well Being in the Energy Industry

Risk Management and Well Being in the Energy Industry   The pandemic and the additional safety-related protocols and procedures it brought to the energy industry have highlighted the importance of risk management and well-being, but these aspects have always been a crucial integral part of operations and workers’ safety in the sector. Risk preparedness, assessment, and management have always been on the forefront of industry operators to ensure safe and reliable operations ev...

Remove the hazard or remove the person?

Remove the hazard or remove the person?   Removing a hazard is the primary method for reducing risk. If a tank or vessel needs to be inspected it is commonplace to remove harmful gases by purging or ventilating, to add lighting, build access platforms, along with many other mitigations and control measures. All of these measures need to be in place to protect the people completing the work in confined or difficult to access spaces. Spectis Robotics are passionate about remote inspe...

Paying heed to weak signals pays off

Paying heed to weak signals pays off   What do you do if your engine warning light comes on when you are driving your car? Book your car in to the garage? Or ignore it completely? The engine warning light in your car is designed to alert you to a problem that may be just around the corner, so you can take action, and avoid a potential breakdown or accident. What is the equivalent of an engine warning light on an oil and gas installation offshore? How do we know if a major accident...

Re-Gen Robotics picks up hat trick of EIC Awards

Re-Gen Robotics picks up hat trick of EIC Awards   Leading robotic tank cleaning company, Re-Gen Robotics has been recognised with three awards at the Energy Industries Council Awards 2021, including the prestigious Company of the Year Award. The awards ceremony was held virtually on Thursday 2nd December and celebrates the best and brightest supply chain companies in the energy sector. More than 60 companies competed for 15 EIC Awards, including the coveted EIC Company of the Year...

Aker BP sanctions North Sea discovery important for Ivar Aasen area

Aker BP sanctions North Sea discovery important for Ivar Aasen area   Norwegian oil and gas company Aker BP and its licence partners Equinor and Spirit Energy have affirmed the investment decision (DG3) for the development of the Hanz discovery in the North Sea, which will enable good production from the nearby Ivar Aasen field for several years. Announcing the project sanction on Wednesday, Aker BP said it has matured a solution involving the reuse of existing infrastructure, whic...

North East Workforce To Benefit From Industry Safety Training To Support Energy Transition

North East Workforce To Benefit From Industry Safety Training To Support Energy Transition   ETZ Ltd has awarded leading global safety firm, RelyOn Nutec, £400,000 to support up to 400 people secure jobs in the oil and gas industry and growing renewables sector.  Individuals who are currently working in the oil and gas sector and want to recertify for the offshore wind industry, those who want to achieve first certification in the energy sector, and workers who want to...

3t EnerMech becomes first international business to support Guyanese Government to train locals in country

3t EnerMech becomes first international business to support Guyanese Government to train locals in country Guyanese Nationals to receive 3t EnerMech’s world-class training to help boost Guyana’s growing economy   3t EnerMech has secured a significant contract in South America with the Guyanese Government. As a result of the award win, the strategic alliance between 3t Energy Group and EnerMech, will become the first training organisation from outside of Guyana to set up...

Sale of Aberdeenshire oil services group should not impact on jobs

Sale of Aberdeenshire oil services group should not impact on jobs   An Aberdeenshire-based oil pipeline specialist has been sold to an international group in a deal that will generate a multi-million payout for the founder of the business. STATS UK has been acquired by SRJ Technologies, which is listed on the Australian Stock Exchange, in a cash and shares deal worth around £73 million. The sale will allow STATS UK’s founder Pete Duguid to cement his standing as one...

Latest Analysis as we lead in to 2022

Latest Analysis as we lead in to 2022   Analysts at Fitch Solutions Country Risk & Industry Research have revealed their “key” oil and gas themes for 2022 in a new report. One such theme is a forecast that oil markets will shift from undersupply to oversupply in the first half of next year. The change should lead to lower oil prices and a potential divergence in production between OPEC+ and non-OPEC members, according to Fitch Solutions analysts. “Despite t...

Floating tidal stream turbine leader gears up for key UK project site delivery

Floating tidal stream turbine leader gears up for key UK project site delivery   Orbital, the renewable energy company focused on the development and global deployment of its pioneering floating turbine technology, confirms that it will qualify multiple applications for submission into the UK Government’s Allocation Round 4 (AR4) of the Contracts for Difference (CfD) scheme. Following a series of good news stories for tidal energy commercialisation in 2021, the company now ha...

ERM acquires AI and data science solutions provider OPEX Group

ERM acquires AI and data science solutions provider OPEX Group   ERM, the world’s largest pure play sustainability advisory firm, has acquired OPEX Group (OPEX) – a specialist software company delivering AI & data science solutions that help carbon intensive industries to reduce emissions. This acquisition will further enhance ERM’s growing digital business, and expand its data analytics and AI capabilities to support clients seeking to operationalize sustainabil...

Noble rig ready for drilling from North Sea Southwark platform

Noble rig ready for drilling from North Sea Southwark platform   The jackup Noble Hans Deul has reached the 500-m (1,6400-ft) zone at IOG plc’s Southwark platform in the UK southern North Sea, following repairs to one of the rig’s legs. Development drilling at Saturn is two months behind schedule after the rig had to be taken off-station, but first gas should now follow by mid-2022, following the planned installation in 1Q of the 6-km (3.7-mi) Saturn Banks pipeline exte...
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