PETRONAS has made a gas discovery from Dokong-1 wildcat exploration well in Block SK417 Production Sharing Contract (PSC), located in the shallow waters of Baram Province, approximately 90 kilometers off the coast of Sarawak, offshore Malaysia.

Hydrocarbons and petroleum are almost synonymous in environmental science. Oil reserves account for nearly all the hydrocarbons we know. But the few hydrocarbons that trace their origin to biological sources may play a larger ecological role than scientists originally suspected.

Trendsetter Engineering, Inc. have been awarded a contract for the provision of a subsea manifold and TCS Connection Systems by LLOG Exploration Offshore, L.L.C. for the Spruance and Dome Patrol subsea developments.

Offshore Energy Exhibition and Conference (OEEC) will take place in Amsterdam RAI on Tuesday and Wednesday, October 26-27, 2021. The 14th edition of OEEC will have a physical exhibition floor and content program combined with an online event and matchmaking environment. The dates for the event were selected after an inquiry amongst our community.

The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, has unveiled the 5^th edition of its annual GECF Global Gas Outlook 2050 (Outlook) at an online event attended by energy ministers and senior representatives from the Forum’s Member Countries together with a bevy of dignitaries and gas industry stakeholders.

After more than 30 years on stream and over 400 million barrels of oil equivalent the Veslefrikk partnership is now planning for shutdown of the field in the spring of 2022. The plugging of wells has already started.

ENGIE and Equinor announce their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO₂ will be captured and stored permanently offshore.

Trelleborg’s marine and infrastructure operation recently completed the successful, remote installation of its latest technology in navigation and piloting; SafePilot Offshore. 

TechnipFMC’s subsidiary, FMC Wellhead Equipment Sdn. Bhd. (TechnipFMC) has been awarded a substantial⁽¹⁾ contract by PETRONAS Carigali Sdn. Bhd.

Saipem has received from Qatargas a Letter of Award for the development of the North Field Production Sustainability Offshore Project, located offshore of the North-East cost of Qatar peninsula. The contract is worth approximately 1.7 billion USD.

Despite the pandemic, the Gas Exporting Countries Forum (GECF) Members have displayed outstanding discipline and resilience in the uninterrupted fulfilment of their obligations towards all contracting parties, HE Yury Sentyurin, Forum’s Secretary General said at the annual IEA-IEF-OPEC Symposium on Energy Outlooks.

The American Petroleum Institute (API) has welcomed new clean energy research and development funding unveiled by the U.S. Department of Energy (DOE) under President Biden.



Alwyn  

IRM Systems (IRMS), an independent authority in emergency pipeline repair systems, announced the introduction of the Pipeline Integrity & Budget Optimization Tool (PIBOT), a new modular software package.

In the updated Resource Accounts, the Norwegian Petroleum Directorate projects that there are 8 billion standard cubic meters of oil equivalent (Sm³ o.e.) left to produce on the Norwegian continental shelf (NCS).

The saying has it that in every crisis there is opportunity, and the oil industry is no exception, with efficiencies and targeted investments being the prime focus areas during and in the aftermath of a downturn.