Neptune Energy a recently Fitch  upgraded  BB+ company has announced that it has awarded a contract worth $53 million to CHC Helicopters for offshore transport in the Dutch North Sea, optimising flight schedules and reducing associated emissions. CHC will provide regular transport to and from the 29 offshore platforms it operates in the Netherlands. The […]

Saipem has been awarded two new contracts in Ivory Coast worth approximately 1 billion euro overall. The contracts have been assigned by the ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development of the relative oil and gas field offshore Ivory Coast located at a 1,200m water depth. The Baleine Prospect […]

Maersk Drilling has secured a contract from Shell Brasil for the provisioning of the semi-submersible rig Mærsk Developer in the Campos basin offshore Brazil where the rig will drill one exploration well and perform subsea well interventions at the BC-10 field. The contract is expected to commence in March 2023, in direct continuation of the rig’s […]

In quest to evolve into a global profit oriented enterprise and sequel to its recent rebranding, the Nigerian National Petroleum Company (NNPC) Limited has acquired OVH Energy Marketing Limited’s downstream assets. The assets acquired from the company, which operates Oando filling stations, include a reception jetty with 240,000 metric tonnes monthly capacity and eight liquefied petroleum gas […]

Wood has been awarded a multi-region engineering services contract by bp to support efficient and safe energy production through the provision of asset repairs, modifications and enhancements. The five-year reimbursable contract, valued at around $350m, will be delivered via agile working methods to optimise cost and delivery performance, enabling operational efficiencies to be realised across […]

Innamincka Projects Red Sky Energy today provides an update on the completion of the drilling of the Yarrow 3 well at the Innamincka Dome licenses (Innamincka). Santos have advised the Yarrow 3 vertical well in PRL17 in the Cooper Basin has been completed with no incidents, reaching a total depth of 2748m. Preliminary wireline logs […]

Decklar Resources Inc. has announced the appointment of Mr. Oluwasanmi Famuyide to the role of Chief Executive Officer (CEO) of the Company. Mr. Duncan Blount has stepped down as CEO but will remain on Decklar’s Board of Directors as an independent non-executive director. Mr. Famuyide has over 20 years of experience structuring and executing on […]

Petrofac, a leading provider of services to the global energy industry, has been awarded a two-year Field Maintenance Services contract extension with Abu Dhabi National Oil Company (ADNOC) Group’s, Al Dhafra Petroleum in the United Arab Emirates. Under the agreement, Petrofac will continue to support operations at the Haliba oil field, located onshore along the […]

Chevron New Energies International Pte, Ltd. (Chevron), and Mitsui Oil Exploration Co., Ltd (MOECO) today announced the signing of a Joint Collaboration Agreement to explore the technical and commercial feasibility of advanced geothermal power generation in Japan. Building on Chevron and MOECO’s long-standing relationship, the new collaboration will study geothermal resource potential across Japan and will evaluate the effectiveness of Advanced Closed Loop (ACL) technology […]

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. […]