Month: January 2023

A wave of new opportunities for the UK’s world class offshore energy supply chain will be created by upcoming oil and gas projects, according to new figures. Research has identified seven near-term projects which will require 30 new wells and 194 kilometres of pipeline. The core study also showed that vessel and rig owners will …

Golden opportunity imminent for UK’s offshore energy supply chain Read More »

Rotork has been awarded a contract to supply IQ3 and Skilmatic SI range actuators to an essential and unique industrial decarbonisation project in Norway. Northern Lights is developing the world’s first open-source CO2 transport and storage infrastructure. It is a major milestone towards decarbonising Europe, and as a first-of-its-kind operation, it is trailblazing for similar …

Rotork supplies actuators to the Northern Lights Project Read More »

The floating production, storage and offloading (FPSO) vessel for the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has started its journey towards the project site off the coasts of Mauritania and Senegal. The FPSO set sail on 20 January 2023 from Qidong, China after successfully completing a series of sea trials following …

FPSO vessel for bp-operated project successfully sets sail for site in Senegal Read More »

Masdar, one of the world’s leading clean energy companies, has signed joint development agreements with the State Oil Company of the Republic of Azerbaijan (SOCAR), for onshore wind and solar projects, and integrated offshore wind and green hydrogen projects, with a total combined capacity of 4 gigawatts (GW). HE Dr Sultan Ahmed Al Jaber, UAE …

Masdar partners with Azerbaijan’s SOCAR to develop renewable energy projects with 4 GW capacity Read More »

Shell is to replace approximately 200,000 tonnes of fossil feedstocks with renewable feedstocks for cleaning ingredients used in Henkel’s largest laundry brands in North America. A third-party certified mass balance approach will be used. Henkel and Shell Chemical LP have agreed to a five-year collaboration to replace up to 200,000 tonnes of fossil feedstocks used …

Henkel signs agreement with Shell on renewable-based ingredients for Persil and Purex Read More »

More than one hundred applications have been received for the UK’s 33rd offshore oil and gas licensing round. The round, which closed last week, attracted a total of 115 bids across 258 blocks and part-blocks, from a total of 76 companies. The process, which will provide a significant boost to the UK’s energy security, opened …

UK’s 33rd offshore oil&gas licencing round hits over a hundred applications Read More »

Paradigm Flow Services Limited in Aberdeen, a world leading flow remediation and fire protections service company, has secured a substantial growth funding package from mid-sized SME lenders ThinCats. The loan will facilitate the accelerated the growth of Paradigm’s fleet of specialized equipment to meet the high level of demand for both their unique pipeline remediation …

Paradigm Flow Services agrees a multi-million pound loan deal with ThinCats to accelerate the scale-up of its technologies Read More »

Equinor has been awarded 26 new production licences by the Ministry of Petroleum and Energy (MPE) in the 2022 Award in Predefined Areas (APA) – 18 licences as operator, and eight as partner. “The APA rounds are important, and we are very pleased with today’s awards,” said Jez Avery, Equinor’s senior vice president for subsurface …

Equinor awarded 26 new production licences on the Norwegian continental shelf Read More »

Neptune Energy has announced first oil production from its operated Rӧmerberg 6 well in the city of Speyer, south-western Germany. Initial production tests indicate flow rates of up to 1,800 barrels of oil equivalent per day (boepd). Römerberg 6 is the ninth production well on the field and is expected to increase Neptune’s production in …

Neptune Energy starts production at Rӧmerberg 6 well, Germany Read More »

ADNOC Logistics & Services (ADNOC L&S) and Atlantic Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and infrastructure development company, have signed their third charter agreement to utilise Ghasha, an ADNOC L&S liquefied natural gas (LNG) carrier, as a Floating Storage Unit (FSU). Under the terms of the agreement, the carrier will …

ADNOC L&S signs agreement for third long-term charter of LNG Floating Storage Unit with AG&P Read More »