As part of the broad measures to address the loadshedding crisis, Eskom has launched three programmes to procure much needed power for the national grid. Initially the programmes will focus on generators capable of supplying more than one Megawatt to the grid. Over time the threshold will be lowered to enable smaller producers to participate. […]

NLNG requires the services of a Long-Range Security Escort Vessel (LRSEV) provider for the provision of maritime security support to tankers calling at the NLNG Bonny Terminal, Rivers State, Nigeria, while in transit within the Gulf of Guinea. NLNG hereby invites LRSEV providers with experience, capacity and all relevant regulatory permits and licences to express […]

KCA Deutag, the global drilling, engineering and technology provider, has secured contract awards, extensions and options worth around $112 million. The contracts are primarily related to land rigs in Saudi Arabia and Oman, and are announced as work continues to close out the acquisition of Saipem’s land rig business, reflecting the company’s focus on growth […]

TotalEnergies has completed the divestment of its 18% interest in the onshore Sarsang oil field in the Kurdistan region of Iraq, to ShaMaran Petroleum Corp., a company listed in Canada and Sweden and focused on oil exploration and development in Kurdistan, for a firm consideration of $ 155 million. An additional contingent consideration of USD […]

Signing ceremony at Gastech (from left to right): Dohyeong Lim (CEO, AVIKUS), Won Ho Joo (CTO, HHI), Vidar Dolonen (Regional Manager Korea & Japan, DNV Maritime), Thomas Klenum (Executive Vice President, Innovation and Regulatory Affairs, LISCR) DNV signed a memorandum of understanding (MOU) with maritime industry technology leaders HHI, AVIKUS and Liberian International Ship & […]

Shell plc announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan. Wael’s appointment is effective January 1, 2023*, when he will also join Shell’s Board of Directors. Ben van Beurden will continue working as adviser to the Board […]

Maersk Drilling and Petrogas E&P Netherlands B.V. have agreed to an amendment of the previously entered contract for the provisioning of the harsh-environment jack-up rig Maersk Resolute, under which an option included in that contract will be replaced by a newly entered five-well drilling contract which will employ Maersk Resolute to drill three wells at the A15 […]

Woodside Energy Ltd. Japan Oil, Gas and Metals National Corporation (JOGMEC), Marubeni Corporation (“Marubeni”), Hokuriku Electric Power Company, The Kansai Electric Power Co., Inc., Tohoku Electric Power Co., Inc., and Hokkaido Electric Power Co., Inc. have signed a joint research agreement under which they will jointly conduct a feasibility study (Phase 2) on the establishment […]

TransGlobe Energy Corporation has displaced satisfactions over the reports issued by a leading proxy advisor, Institutional Shareholder Services (ISS) and its unanimous recommendation that its institutional clients vote FOR the proposed business combination of TransGlobe and VAALCO Energy, Inc. at the special meeting of the shareholders of TransGlobe to create a world-class African-focused E&P company. […]

Equinor, operator of production licence 1104, has concluded the drilling of wildcat well 30/3-11 S. The well was drilled about 18 kilometres north of the Oseberg Øst field in the North Sea and 145 kilometres northwest of Bergen. The objective of the well was to prove petroleum in Middle Jurassic reservoir rocks (the Brent Group). […]