Coretrax, the global well integrity and production optimisation leader, has marked a significant milestone with the first deployment of its expandable liner technology in Norway since acquiring Mohawk Energy. The move has allowed the business to deliver and deploy novel technology and specialist personnel from local bases, significantly reducing the logistics, cost, and carbon footprint […]

The oil giant Royal Dutch Shell is to cut 330 jobs from its operations in the North Sea. The company said most of the posts are based at its office in Aberdeen and will be lost over the next two years. In September, it was announced that up to 9,000 jobs would go worldwide as the company […]

Total and Engie have signed a cooperation agreement to design, develop, build and operate the Masshylia project, France’s largest renewable hydrogen production site at Châteauneuf-les-Martigues in the Provence-Alpes-Côte d’Azur South region. Located at the heart of Total’s La Mède biorefinery and powered by solar farms with a total capacity of more than 100 MW, the […]

United Oil & Gas, the full-cycle multinational oil and Gas Company, has announced the last quarterly production update for the period to the end of 2020. United Oil stated that the H2 2020 net working interest production averaged 2,340 boepd in line with guidance for the period of 2,300 boepd, while the Q4 2020 net working […]

McDermott International, Ltd today announced it has completed the KG-D6 R Cluster subsea field development project and achieved pre-commissioning and ready for startup for Reliance Industries Ltd., in the Krishna Godavari Basin, located off the east coast of India. “The safe and successful completion of Reliance’s KG-D6 R Cluster project is a testament to McDermott’s […]

TMC will deliver an offshore compressed air system consisting of three large compressors and control system to the Bonga Main FPSO (floating, production, storage and offloading vessel), which is located 120 kilometres southwest of the Niger Delta, in a water depth of more than 1,000 metres. The three large compressors will be retrofitted onboard the Bonga Main FPSO, which […]

Strohm has announced it has secured a contract with Total  and ExxonMobil for a qualification testing programme for a high pressure, high temperature Thermoplastic Composite Pipe (TCP). The qualification project will create a foundation for further development of this TCP technology for riser applications. Under the agreement, Strohm will execute a qualification testing programme for a TCP […]

Globeleq, a leading independent power generation company in Africa, has confirmed it will take a 74% majority equity stake in an existing Nigerian power business called CPGNL Limited (CPGNL), which will be rebranded as Globeleq Power Solutions Nigeria Limited.  The current owner of the business, the Clean Energy Group, will retain the remaining 26% shares. […]

LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, has said that following the resignation of Mark Simmonds, the Board has appointed Mr. Michael Ajukwu as Chairman of the company with immediate effect. Mr. Simmonds before his appointment as chairman of Lekoil has served in […]

Crude oil prices were observed in February climbed to almost a year high since same period in previous year. This positive crude market upthrust is not far from recent Saudi Arabia’s pledge to cut its crude production output in strengthening the global crude oil prices from sliding further. Saudi Arabia, the world’s biggest oil exporter, […]