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DOF Group wins contract for Skandi Kvitsøy PSV in North Sea

DOF Group wins contract for Skandi Kvitsøy PSV in North Sea

The DOF Group has been awarded a long-term contract for the Skandi Kvitsøy offshore supply ship in the North Sea from an undisclosed multinational energy company. The Norwegian supply shipping company did not disclose the value of the charter contract, which will begin in Q1 2021. The contract is for a duration of one year […]

Equinor Energy gets NPD nod for drilling well 31/11-1 S in PL 785 S

Equinor Energy gets NPD nod for drilling well 31/11-1 S in PL 785 S

Equinor Energy has secured drilling permit from the Norwegian Petroleum Directorate (NPD) for well 31/11-1 S in production licence 785 S (PL 785 S) in the Norwegian North Sea. The company will drill well 31/11-1 S with the Deepsea Atlantic drilling facility. The wildcat well will be drilled 62 kilometres, south of the Troll field. […]

Petrobras makes oil discovery in CM-411 block with Urissanê well

Petrobras makes oil discovery in CM-411 block with Urissanê well

Petrobras has discovered the presence of hydrocarbons in the CM-411 block in the Campos Basin pre-salt, offshore Brazil, through the drilling of the Urissanê well (1-BRSA-1377-RJS well). The Urissanê well, which is contained in a water depth of 2,950 meters, found oil in reservoirs in the pre-salt section. Petrobras said that it will analyze the […]

lndianOil to build $400m oil refinery in Nagapattinam, Tamil Nadu

lndianOil to build $400m oil refinery in Nagapattinam, Tamil Nadu

Indian Oil Corporation Limited (lndianOil) said that its board has sanctioned the construction of an INR29.3 billion ($400 million) oil refinery at Cauvery Basin, Nagapattinam in Tamil Nadu with a capacity of 9 MMTPA. The oil refinery project will be taken up by IndianOil’s subsidiary – Chennai Petroleum Corporation Limited (CPCL). The CPCL refinery is […]

Eni wins P2511 licence in 32nd UK Offshore Licensing Round

Eni wins P2511 licence in 32nd UK Offshore Licensing Round

Italian oil and gas giant Eni has been awarded the P2511 licence, a new production licence in the UK part of the North Sea, during the 32nd UK Offshore Licensing Round. The P2511 licence is spread over an area of around 340 square kilometers. It is located nearly 250km offshore UK in the Northern North […]

Enerplus to acquire Williston Basin producer Bruin E&P for $465m

Enerplus to acquire Williston Basin producer Bruin E&P for $465m

Enerplus, a Canadian oil and gas company, has signed an all-cash deal worth $465 million to acquire Bruin E&P HoldCo, a pure play producer in the Williston Basin in North Dakota, US. The operational areas of Bruin E&P include the Fort Berthold Indian Reservation, and the Bakken Shale and Three Forks formations. The Texas-based oil […]

LyondellBasell, Sinopec sign deal to create Chinese JV for PO and SM

LyondellBasell, Sinopec sign deal to create Chinese JV for PO and SM

Dutch chemicals company LyondellBasell has signed an agreement to create a 50:50 joint venture (JV) with the China Petroleum & Chemical Corporation (Sinopec) for producing propylene oxide (PO) and styrene monomer (SM) in the Chinese domestic market. First announced in December 2019, the joint venture will operate as Ningbo ZRCC LyondellBasell New Material Company. It […]

Range Gas Project : Central Petroleum contracts drilling rig from Silver City Drilling

Range Gas Project : Central Petroleum contracts drilling rig from Silver City Drilling

Central Petroleum has awarded a contract to Silver City Drilling (NSW) for deploying the latter’s Rig 34 at the Range Gas Project in the Surat Basin in Queensland, Australia. Under the contract, Rig 34 will drill three appraisal pilot wells at the coal seam gas project, which is being executed under a 50:50 joint venture […]

Lundin Energy awards LOI to Odfjell Drilling for Deepsea Stavanger rig

Lundin Energy awards LOI to Odfjell Drilling for Deepsea Stavanger rig

Lundin Energy Norway has signed a letter of intent (LOI) with Odfjell Drilling for the use of the latter’s Deepsea Stavanger under a contract worth $11-14 million plus incentives. The letter of intent will be subject to finalizing contract and final approvals from the involved entities. The contract is slated to begin in Q3 2021 […]

AG&P Pratham opens natural gas mother station in Ramanathapuram, TN

AG&P Pratham opens natural gas mother station in Ramanathapuram, TN

AG&P Pratham, a subsidiary of Singapore-based downstream LNG and gas logistics company AG&P Group, has opened a natural gas mother station in Ramanathapuram, Tamil Nadu. The new natural gas mother station, which is branded under AG&P Pratham, is located at the Valantharavi village. It will directly get natural gas from the nearby gas treatment facility […]

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