(WO) – BCCK, a leader in engineering, procurement, fabrication and field construction services, has been selected to design and fabricate a NiTech nitrogen rejection unit (NRU) facility in the Permian basin. BCCK's NiTech NRU Technology in West Texas The grassroots facility will utilize BCCK’s premier NiTech NRU technology in West Texas. T...
(WO) – North Star, a UK’s vessel infrastructure support operator, has successfully crewed up the first of its offshore wind fleet with 42 experienced seafarers, 60% of which have moved across from its existing North Sea workforce, transitioning core skills and company culture into the new vessel and its operations. North Star’s SOV Mast...
(WO) — TechnipFMC has been awarded a significant contract by Woodside Energy to engineer, procure, construct, and install flexible pipes and umbilicals for the Julimar Phase 3 development offshore Western Australia. According to a brief statement, the contract is worth between $75 million and $250 million. The company will tie back four sub...
(WO) – Aberdeen Drilling School (ADS), the global training and consultancy company, has acquired IAS International (IAS) to enhance its training and competency management portfolio for the Middle East market. To propel growth in the region, ADS has also appointed two senior directors, Graeme Eglintine and Petru Cioban. Driven by increasing...
(Bloomberg) – The U.S. plans to purchase about 12 MMbbl of oil this year as it begins to refill its depleted emergency reserve amid falling crude prices, according to two people familiar with the matter. The figure includes 3 MMbbl already scheduled for delivery in August and an additional 3 MMbbl from a solicitation the Biden administratio...
(Bloomberg) – Nigeria’s state energy company should sell off assets including stakes in oil blocks to raise billions of dollars, a report prepared for the country’s new president proposes. The Nigerian National Petroleum Co. should become a minority shareholder in projects it currently controls, potentially generating more than $17 bill...
(WO) –TotalEnergies announced the Ntokon oil and gas discovery on OML102 offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 m of net oil pay and 15 m of net gas pay, while its side-track Ntokon-1G1 encountered 73 m of net oil pay, in well-developed and excellen...
(WO) – Perenco in Cameroon announced the signing of a new Production Sharing Contract for the continued development of the Rio del Rey basin offshore Cameroon. Valid for 20 years, the contract with Société Nationale des Hydrocarbures (SNH) presents the opportunity for Perenco to continue its investment in the basin, which today accounts for app...
(WO) – Petrofac has entered into a definitive agreement with STEP Polymers SPA (‘STEP’, a 100% subsidiary of Sonatrach) for the design and build of its petrochemical complex in the Arzew Industrial Zone in Algeria. As previously announced, Petrofac will deliver the $1.5 billion project with its joint venture partner, China Huanqiu Contr...
(WO) – MicroSeismic, Inc. will receive $1,096,839 as part of a Phase 2 Department of Energy SBIR Grant program in support of scientific energy innovation and clean energy development. The Phase 1 DOE/SBIR grant MicroSeismic received in 2022 covered the modeling, design, and planning for the installation, and operation of a turnkey microseismic mo...