Energy Voice

UK Government announces plans to quadruple offshore wind power by 2030

06/08/2020

by Hamish Penman

The UK Government will conduct a review of current energy infrastructure at sea as it sets its sights on expanding offshore renewables.

NNPC has signed a $1.5bn pre-export finance facility, UBA has said, with the bank providing $200mn in naira support.

Africa

NNPC signs $1.5bn export finance facility

06/08/2020

The United Bank for Africa (UBA) has participated in a consortium to lend $1.5 billion to Nigerian National Petroleum Corp. (NNPC) and its upstream Nigerian Petroleum Development Co. (NPDC) unit.

The US has called for NOC to be allowed to proceed with oil production, while stalemate around Sirte continues.

Africa

US backs Libyan oil flows

05/08/2020

The US has called for “all responsible parties” to allow the National Oil Corp. to go about its business.

Subsea Expo

Subsea Expo confirmed for February 2021

05/08/2020

Europe’s largest underwater engineering event, Subsea Expo, is shaping up to what could be the sector’s first, large scale exhibition and conference following lockdown where delegates will be able to meet and network face to face.

Kevin Parker, director of OceanTools.

Picture by Scott Baxter 21/07/2020

OceanTools bouncing back and sensing opportunities

05/08/2020

OceanTools’ boss has said the underwater technology firm has come out of the Covid-19 lockdown “fighting”.

Oil & Gas

Xocean rides the remote operations wave

05/08/2020

by Allister Thomas

“Remote operations” is more than just a buzzword for Xocean’s chief executive, and he’s got the boats to prove it.

Petrofac shares details of potential upcoming contracts

05/08/2020

by Hamish Penman

Petrofac has shared details of a number of contracts that will potentially be put out to tender over the next year.

Perhaps now, more than ever, maintaining good mental health is particularly challenging

Mental health of workforce in focus

05/08/2020

by Step Change in Safety

Mental health awareness has had an increasing profile in the energy sector over recent years. Perhaps now, more than ever, maintaining good mental health is particularly challenging, with fears of redundancy, furloughing and family ill-health all posing a potential distraction from safe operations.

Christopher Hoftun, Chief Digital Innovation Officer, ASCO Norge

Eliminating the noise: a new era in logistics management

05/08/2020

by Christopher Hoftun, Chief Digital Innovation Officer, ASCO Norge

Last summer, we announced that ASCO had been awarded a substantial grant from the Norwegian Coastal Authority in order to support a state-of-the-art digitalisation project that would increase efficiency at our Norwegian base in Tananger, through electronic data capture.

Resilience key to sustainability

05/08/2020

by Hoover Ferguson

As pressures in the offshore energy industry continue, operators, vessel owners and drilling companies are paying ever closer attention to the resilience of their supply chain partnerships.

Digitalisation drive unlocks modern training approach

05/08/2020

by Mike Adams, co-founder, Norwell EDGE

The acceleration of digitalisation during the coronavirus pandemic has brought into sharp focus the opportunities for digital technical training within the oil and gas sector.

Pandemic takes toll on funding for low-carbon innovation

05/08/2020

by Jeremy Cresswell

“Recovery plans rooted in the energy transition represent a far-sighted investment.” So claims Irena, the International Renewable Energy Agency.

Air Products will supply its AP-X technology to Qatargas at the first phase of its major LNG expansion programme, due to start producing in 2025.

Middle East

Air Products wins Qatargas expansion work

04/08/2020

Qatargas has chosen Air Products to supply process units to the major LNG expansion programme, which will become operational in 2025.

Oil & Gas

Shell appoints new boss at Mossmorran plant

04/08/2020

Shell has appointed a new manager for its Fife NGL Plant at Mossmorran.

OGUK launches new SME forum to support smaller businesses under pressure

04/08/2020

A new forum dedicated to helping small and medium-sized businesses navigate the downturn has been launched by OGUK as it continues to help the sector stimulate a recovery.

Surrey University to develop battery technology capable of capturing CO2 emissions

04/08/2020

by Hamish Penman

Scientists at Surrey University are to begin work on a new lithium-ion battery technology that could be capable of capturing carbon dioxide emissions.

Bernard Looney, chief executive officer of BP Plc.

Oil will be ‘engine of value creation’ in BP’s net-zero drive, Looney says

04/08/2020

BP’s chief executive Bernard Looney has said oil and gas would be a “smaller, but core part” of the business as it “pivots” to net zero.

Eskom has kicked off attempts to win back cash from former executives, lost in a 2015-16 coal deal, linked to the infamous Guptas.

Africa

Eskom moves to claw back cash from Guptas

04/08/2020

Eskom has launched an attempt to recover cash lost to alleged corruption, which took place in 2015-16.

Adnoc and Wanhua have launched an LPG shipping venture, focused on delivering supplies to downstream facilities in China.

Middle East

Adnoc, Wanhua form LPG shipping venture

04/08/2020

Adnoc Logistics & Shipping has launched a joint venture with Wanhua Chemical Group focused on the transportation of LPG and products.

Neptune Energy used the Deepsea Yantai to drill Dugong, which confirmed hydrocarbons last week.

Norway

Neptune Energy hits oil at Dugong

04/08/2020

by Reporter

Neptune Energy and its partners today announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, the largest discovery in Norway so far this year.

BP cuts dividend in half, vows to slash oil production by 40% in 10 years

04/08/2020

BP has cut its dividend in half in a bid to free up cash for its push to become an “integrated energy company”.

The Offshore Achievement Awards goes virtual for its 2020 ceremony

04/08/2020

by SPE Aberdeen

The Offshore Achievement Awards (OAA) is gearing up for its first ever virtual awards ceremony, allowing finalists and winners to be celebrated by industry on Friday, August 14, 2020.

Paul Stonebanks, group president, 3T Energy Group

Training & Technology

3T Energy Group launches new learning platform

04/08/2020