The Aruban government and its wholly owned Refineria di Aruba NV (RdA) have initiated the process to attract a new operator, as well as new investors, for former Valero Energy Corp.’s 235,000-b/d refinery and terminal in San Nicolas, Aruba, following official termination in early 2020 of a previous deal with Citgo Petroleum Corp.’s Citgo Aruba […]
OSLO – Neptune Energy announced the award of a subsea inspection contract to leading geo-data specialist, Fugro, which will employ state-of-the-art remote monitoring technology to survey subsea structures at the Cygnus gas field in the UK’s southern North Sea.
Fugro’s scope of work includes inspection of subsea infrastructure including pipelines and umbilicals, spools and communication cables, […]
NEW YORK (Bloomberg) –After posting its worst quarter on record, oil’s now headed for its best three months in 30 years as it bounces back from this year’s historic crash. Yet the rebound remains tenuous.
Futures in New York have almost doubled in value this quarter, buoyed by OPEC+ production cuts and rebounding oil consumption in […]
Trillion Energy International Inc. is formulating a comprehensive redevelopment program for the South Akcakoca Gas-Basin (SASB) gas fields in the Black Sea to increase production levels by accessing additional proven gas reserves.
The company conducted operations to extend the life of the Phase I and II wells by lowering producing pressure to increase gas production, which […]
Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS).
The projects in scope are Breidablikk and the Gas Import System for the Snorre Expansion Project, for which contracts have been awarded, and Askeladd Vest, for which a letter […]
