Uganda prices up Lake Albert plans
The Lake Albert development, including export pipeline, will cost $15 billion with contracts expected to be dished out following final investment decision (FID) on April 11.
Oil & Gas
Qatargas takes up two more Saipem options
Qatargas will exercise two options for additional work on the North Field Production Sustainability (NFPS) offshore project under a contract with Saipem.
Puma Energy kits out Ghana sites with solar
Puma Energy has equipped 14 of its sites in Ghana with solar power, with total capacity of 422 kWp.
Petrofac ‘thrilled’ after netting contract extension with Neo Energy
Energy service firm Petrofac today announced the award of a one-year extension to its integrated services contract with North Sea operator Neo Energy.
Sasol launches largest ever renewable energy tender
Sasol is seeking suppliers to provide it with renewable energy at its South African operations.
Shell North Sea boss Phimister takes job with Petroleum Development Oman
Shell North Sea boss Steve Phimister is moving to the Middle East as part of a new role with Petroleum Development Oman (PDO).
Aquaterra Energy bags largest riser analysis contract to date
A Norwich-headquartered offshore engineering solutions firm has secured its largest riser analysis deal to date.
Kosmos reshuffles exploration team
Kosmos Energy has appointed two former Cobalt International Energy executives to run its exploration business.
Total and Siemens Energy partner up to reduce LNG related emissions
Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction.
A key oil spread points to price war erupting as supply expands
A price war may be looming in the global oil market as rising output from OPEC+ and the Middle East boosts the competitiveness of the region’s shipments, potentially forcing other suppliers to discount their barrels.
Jersey Oil and Gas appoints former Ithaca CEO to board
Jersey Oil and Gas has announced the appointment of Les Thomas to its board as an independent non-executive director.
Eni expands its footprint around big gas find in Vietnam
Italy’s Eni has expanded its acreage position around a major gas discovery offshore Vietnam after acquiring a 100% interest in Block 115/09 from struggling Singapore company KrisEnergy.
EnQuest hands in decommissioning plan for fire-hit Heather platform
EnQuest has handed in the decommissioning plans for its Heather platform in the North Sea.
Subsea UK signs MoU with TechWorks to counter shared challenges
Trade body Subsea UK has entered into a partnership with its counterpart in the electronics industry to unlock untapped opportunities.
Global interest expected in Santos Dorado sale
Santos is seeking buyers for a 20-30% stake in its large Dorado oil project and Bedout exploration portfolio offshore western Australia estimated to be worth up to $200 million. Significantly, there is expected to be global interest in the sales process, which could be particularly appealing for Asian national oil companies (NOCs).
Advance bullish on Buffalo bonanza off East Timor
UK-listed Advance Energy has successfully raised the capital to acquire a 50% stake in the Buffalo project off East Timor. Drilling at the redevelopment project later this year is targeting a potential oil bonanza.
Japan sees more carbon neutral LNG changing hands
Japan’s Toho gas is the latest Japanese company to receive a liquefied natural gas (LNG) cargo that has had its emissions offset by carbon dioxide (CO2) credits. Significantly, the Nagoya-based gas company has pledged to buy more carbon neutral LNG after receiving its first shipment on 8 April.
BP welcomes huge platform for Mad Dog 2 project to Texas
The Argos platform for the BP-operated $9 billion Mad Dog 2 project has arrived in the US after completing its 16,000-mile journey from South Korea.
Lab services firm Oleochem swoops for north-east rival
Laboratory services firm Oleochem Project Management (OPM) has "broadened" its offering through the acquisition of a north-east rival.
Maxwell lined up for top slot at Vaalco
George Maxwell has been named as Vaalco Energy’s new CEO, replacing Cary Bounds.
Worley takes Omani maintenance job
Worley has won a maintenance and integrity contract in Oman, working with Arabian Industries Projects (AIP).
NCDMB downplays oil sector jobs plan for militants
The Nigerian Content Development and Monitoring Board (NCDMB) is ready to work with former militants, although warning that the oil and gas industry will not be able to provide all the jobs required.
Penspen wins onshore Abu Dhabi well work
Penspen has won a four-year contract to procure and construct flowlines and wellheads for 51 wells for ADNOC Onshore.
ION wins Kenya seismic ahead of licence round
ION Geophysical has won 3D work offshore Kenya, ahead of a licence round expected in the near term.
Pictures: Pioneering Spirit graces Firth of Forth for decom job
The world’s largest construction vessel, Pioneering Spirit, completed a large-scale operation in the Firth of Forth on the weekend.