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Assiut oil refinery in Egypt : TechnipFMC set to begin EPC work on new hydrocracking complex

Assiut oil refinery in Egypt : TechnipFMC set to begin EPC work on new hydrocracking complex

TechnipFMC has completed the remaining conditions needed to begin work on the engineering, procurement, and construction (EPC) contract for the construction of a new hydrocracking complex for the Assiut oil refinery in Egypt. The more than $1 billion contract was awarded by Assiut National Oil Processing Company (ANOPC). Under the contract, TechnipFMC will provide EPC […]

Neste to close Naantali refinery in Finland, leaving 370 jobs at risk

Neste to close Naantali refinery in Finland, leaving 370 jobs at risk

Neste has decided to close its Naantali refinery in Finland by the end of March 2021 and also renew the operating model of its oil products business, leaving nearly 370 jobs at risk. In September 2020, the Finnish oil refining and marketing company revealed plans to restructure its refining activities in Porvoo and Naantali for […]

Line 3 Replacement Project : Enbridge begins construction on Minnesota stretch

Line 3 Replacement Project : Enbridge begins construction on Minnesota stretch

Canadian energy transportation company Enbridge has commenced construction on the Minnesota stretch of its Line 3 Replacement Project following receipt of all the required approvals and permits. The Minnesota Pollution Control Agency (MPCA) approved a construction stormwater permit, which was the last state level permit needed by the crude oil pipeline replacement project. It follows […]

Vorlich oil field : BP and Ithaca commence production from North Sea tieback

Vorlich oil field : BP and Ithaca commence production from North Sea tieback

BP and Ithaca Energy have commenced production from the Vorlich oil field, a £230 million subsea tieback development in the UK North Sea. The Vorlich field, which was discovered in 2014, is estimated to yield 30 million barrels of oil equivalent. It is projected to have a peak production of 20,000 barrels of oil equivalent […]

NGI pipeline : APA Group to build $341m gas pipeline in Western Australia

NGI pipeline : APA Group to build $341m gas pipeline in Western Australia

APA Group proposes to build the Northern Goldfields Interconnect Pipeline (NGI pipeline), a new 580km long 12” gas pipeline in Western Australia, with an investment of up to AUD460 million ($341.55m). According to the Australian energy infrastructure firm, the new pipeline is planned to connect emerging gas fields in the Perth Basin with the Goldfields […]

Peregrino oil field : Aker Solutions bags maintenance and modifications contract

Peregrino oil field : Aker Solutions bags maintenance and modifications contract

Aker Solutions has been awarded a maintenance and modifications contract from Equinor for the Peregrino oil field in Brazilian waters. The Norwegian engineering company did not reveal the value of the contract, which is for four years and has an extension option for two years. Aker Solutions stated that it had won various subsea contracts […]

Norway offers 136 blocks in 25th licensing round on NCS

Norway offers 136 blocks in 25th licensing round on NCS

The Norwegian government is offering 136 blocks in the 25th licensing round on the Norwegian continental shelf (NCS), all of them located in the Norwegian Sea and the Barents Sea. While 11 blocks are being offered in the Norwegian Sea in one region, the remaining 136 blocks are in the Barents Sea, across eight areas. […]

PetroRio to acquire stakes in Wahoo and Itaipu fields offshore Brazil

PetroRio to acquire stakes in Wahoo and Itaipu fields offshore Brazil

PetroRio has agreed to acquire a stake of 35.7% in the BM-C-30 Block, containing the Wahoo field, and a stake of 60% in the BM-C-32 Block, containing the Itaipu field, from BP, in a deal worth up to $140 million. Both the blocks are located offshore Brazil. Under the terms of the deal, PetroRio will […]

Equinor Energy secures permit from NPD for drilling PL 090 I wells

Equinor Energy secures permit from NPD for drilling PL 090 I wells

Equinor Energy has secured drilling permit for 31/2-22 S and 31/2-22 A wells in the production licence 090 I (PL 090 I) in the Norwegian North Sea from the Norwegian Petroleum Directorate (NPD). The Norwegian oil and gas company will drill the 31/2-22 S and 31/2-22 A wells using the West Hercules drilling rig, nearly […]

Sparrows Group wins Morecambe Hub contract from Spirit Energy

Sparrows Group wins Morecambe Hub contract from Spirit Energy

Sparrows Group has won a five-year contract from Spirit Energy for providing crane maintenance and lifting services for the latter’s Morecambe Hub assets in the East Irish Sea. The Morecambe Hub consists of six fields, of which three are operated by Spirit Energy for more than three decades. The North Morecambe, South Morecambe, and Rhyl […]

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