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Enbridge Inc. on Sept. 7, 2021, announced that it has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream Operating, LLC (Moda) for U.S. $3.0 billion in cash, subject to closing adjustments. The acquisition will significantly advance the Company’s U.S. Gulf Coast export strategy and connectivity to low-cost and long-lived reserves in […]
The Colombian Maritime Authority, DIMAR has selected Fugro to perform a joint environmental and exploration seep study in the Caribbean Sea. The project began in late August, building on the success of a similar effort with DIMAR in 2019, and is scheduled to complete in November. As with the previous collaboration, this year’s work will involve the acquisition, analysis and interpretation of seabed sediment samples and heat flow measurements to help assess the region’s resource potential. Fugro will also provide classroom- and vessel-based training […]
Aker Solutions has been one of the biggest suppliers to the development of Johan Sverdrup. The company has, among other things, delivered front-end engineering and design (FEED) to both phases of the project, four out of five jackets, the living quarters platform and hook-up and integration services, as well as the large module that is […]
U.S. oil major ExxonMobil has made yet another oil discovery at the mega-Stabroek offshore block in Guyana. This adds to the unprecedented discovery of nine billion barrels of oil equivalent in the region. ExxonMobil is firmly established in Guyana, operating an office in Georgetown, with numerous ongoing exploration and development operations offshore. ExxonMobil Guyana has […]
08 September 2021 The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing countries, on Monday joined OPEC, non-OPEC, and a plethora of other international energy organisations to present a unified front on the advancement of natural gas as part of a balanced energy solution to achieve sustainable development goals. The […]
Suncor Energy announced, September 8, 2021, it has entered into a conditional agreement to increase its interest in the White Rose asset subject to a restart decision on the West White Rose project. As part of the conditional agreement, Cenovus, the operator, will complete a restart evaluation for the West White Rose project by mid […]
Suncor today announced that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field (“Terra Nova”) have finalized the agreement to restructure the project ownership and move forward with the Asset Life Extension Project. Suncor, Cenovus and Murphy Oil, now control 100% of the project with the […]
UZMAR Shipyards in Turkey is one of the world’s top-notch tugboat builders with a very good reputation worldwide. The company has now chosen Steerprop to deliver six SP 20 WD azimuth propulsion units for a series of three Robert Allan Ltd. designed RAmparts 2300_UZM tugs being built. The contract for the six SP 20 WD […]
Hod B has been an important project that was initiated only hours after the temporary changes to the tax system for the oil and gas industry received a broad majority in the Storting in June last year. The project prefabrication started at the yard in Verdal just hours after the agreement was made and has […]
Sixteen research, development and demonstration (RD&D) projects are receiving a total of $24.4 million to investigate how to reduce greenhouse gas (GHG) emissions from Newfoundland and Labrador’s offshore oil and gas operations. Projects are studying carbon capture, energy efficiencies, transportation and renewable energy. The projects cover the operational areas of; offshore drilling, production and transportation […]
