Six contracts have been awarded to five shipowners, for a total value estimated at more than NOK 2,5 billion including options. The six platform supply vessels will be managed by Simon Møkster Shipping AS, Island Offshore Management AS, Eidesvik AS, Remøy Shipping AS and P/F Skansi Offshore. The contracts will take effect before the end […]

Africa Oil Corp announced the appointment of Mr. Craig Knight as Chief Operations Officer (“COO”) of the Company effective October 11, 2022, in replacement of Mr. Timothy Thomas who retired from the Company in 2021 and became a consultant to the Company.  Mr. Craig Knight joined Africa Oil in August 2021 and brings with him over 16 years of industry experience. He graduated from […]

Touchstone Exploration Inc has announced that the Coho facility has safely delivered first natural gas, representing the first onshore natural gas project to come onstream in Trinidad and Tobago in over twenty years. The Coho area is located in the Ortoire block, where Touchstone has an 80 percent operating working interest and Heritage Petroleum Company […]

Prime Minister Mostafa Madbouly has issued Resolution No. 3574 of 2022 setting the selling price of natural gas supplied to the cement industry at $12 per million British thermal units (MMBtu). The decision included in its second article, setting the selling price of natural gas supplied to the petrochemical industry (for the production of ethane […]

Neptune Energy has received approval from the State Mining Authority for Rhineland-Palatinate to raise the production limit at its operated Römerberg oil field in the Rhine Valley, south-western Germany, enabling Neptune to increase oil production by up to three times the current limit of 3,700 barrels of oil equivalent per day (boepd). Neptune will continue […]

EOG Resources (EOG) has announced the election of William R. “Bill” Thomas  to the board of directors and that Ezra Y. Yacob, Chief Executive Officer, has been appointed to the role of Chairman of the Board, effective today, October 4, 2022. “On behalf of EOG employees and the Board, I would like to thank Bill […]

The 45th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 33rd OPEC and non-OPEC Ministerial Meeting took place in person at the OPEC Secretariat in Vienna, Austria, on Wednesday, 5 October 2022.   In light of the uncertainty that surrounds the global economic and oil market outlooks, and the need to enhance the […]

Neptune Energy and its partners announced an extension of higher gas production from the Duva field in Norway, supplying enough gas to heat a further 550,0001 UK homes per day. In April 2022, Norwegian authorities granted Neptune and the Duva licence partners a permit to temporarily increase gas production by 6,500 barrels of oil equivalent per […]

Atle Reinseth has his first day at work for Vår Energi this week. Atle joins the executive management team, with responsibility for supplier collaboration and projects.  In June, CEO Torger Rød announced a new organizational structure and executive management team in Vår Energi ASA. Atle Reinseth has been brought in to lead the Project Development […]

TGS, a global provider of energy data and intelligence, announces the successful completion of its 2022 NOAKA Ocean Bottom Node (OBN) seismic survey. The survey was completed two weeks ahead of schedule, marking the second successive season of dense OBN data acquisition in the NOAKA region on the Norwegian Continental Shelf (NCS). It also signifies […]