Europe

Gazprom receives construction permit for second string of TurkStream
January 19, 2018 Gazprom received through diplomatic channels a construction permit from the authorities of the Turkish Republic for the second string of the TurkStream gas pipeline’s offshore section stretching to the Turkish coast. “The TurkStream project is well underway. In accordance with the plan, it is carried out simultaneously

Statoil awards subsea contracts for the Troll Phase 3 and Askeladd projects
January 23, 2018 Statoil has, on behalf of the license partners, awarded EPC contracts for the delivery of subsea production systems and services for the Troll Phase 3 project in the North Sea and the Askeladd project in the Barents Sea, respectively, to Aker Solutions. The contracts have a

ADES Extends Three Major Contracts in the Gulf of Suez
London & Dubai, 11 January 2018 ADES International Holding Ltd. (LON: ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has successfully extended two existing contracts for Admarine II, Admarine IV and renewed its lease

Archer Limited : Apache awards new Platform Drilling Management contract with Archer for the Forties and Beryl fields until Q4 2020
16 January, 2018 Archer Limited announces that effective from the 1st of January 2018, Apache have awarded a new 3 year contract to Archer for the provision of Platform Drilling Management Services which include operations and maintenance on their Forties and Beryl fields. This will include the Forties Alpha, Bravo,

Shell announces redevelopment of Penguins field in UK North Sea
Jan 15, 2018 Royal Dutch Shell plc (Shell) today announces a final investment decision on the redevelopment of the Penguins oil and gas field in the UK North Sea. The decision authorises the construction of a floating production, storage and offloading (FPSO) vessel, the first new manned installation for Shell

INEOS launches six new oil and gas businesses
15 January 2018 INEOS Oil and Gas is creating six new businesses. These businesses have been created following the company’s extraordinary 2017 growth. The changes will allow each business to focus on its core activities, providing better decision making and more transparent financial reporting. INEOS is now a top ten

Exploration well completed on the Hurri prospect in the Southern Barents Sea
10 January 2018 Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the drilling of the Hurri exploration well 7219/12-3S located in PL533 in the southern Barents Sea. The well was dry. The main objectives of the well were to test

Appointment of Albert Allan as New Senior Vice President for RDS
KCA Deutag announces that Albert Allan has joined the group as the new Senior Vice President of RDS, its rig design and engineering subsidiary. Based in Aberdeen, Albert will have responsibility for spearheading RDS’s activities worldwide. He will also become a member of KCA Deutag’s executive management team, reporting directly

Bibby Offshore completes multi-million pound contract with Maersk Oil UK
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has successfully completed a multi-million pound contract with Maersk Oil UK, providing both subsea structure and pipeline inspection support in the UKCS. The four-week campaign, completed in October this year, saw Bibby Offshore’s subsea support and construction

ExxonMobil and Instituto de Tecnologia Quimica Discover New Material That Could Significantly Reduce the Amount of Energy and Emissions Associated with Ethylene Production
Collaboration leads to discovery of a new material able to separate ethylene from ethane Targeting up to a 25 percent reduction in both process energy needs and carbon dioxide emissions Research published in nation’s leading peer-reviewed journal Science Scientists from ExxonMobil and the Instituto de Tecnologia Quimica (ITQ) in