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Shell achieves first gas at Timi platform offshore Malaysia

Shell achieves first gas at Timi platform offshore Malaysia   Shell PLC on Monday said its Malaysian subsidiary achieved first gas at the Timi platform. The London-based oil major said Sarawak Shell Berhad, its subsidiary, announced that gas production has started at the Timi platform in Malaysia under the SK318 production sharing contraction. SSB is the operator of the platform holding 75% equity, with Petronas Carigali Sdn Bhd and Brunei Energy Exploration holding 15% and 10%...

EXCEED set for record revenue in 2023

EXCEED set for record revenue in 2023   Annual revenue forecast at £30million 40% of revenue from decarbonisation activity Major global framework agreements announced Company headcount increases by 150% in two years Exceed, UK Well Operator, has grown to be the largest independent well & reservoir management specialist, announcing that it expects to see record-breaking revenues for the current financial year, as it continues to illustrate the criticality of its...

Peterson wins logistics contract from Harbour Energy

Peterson wins logistics contract from Harbour Energy   Peterson Energy Logistics has been awarded a logistics contract from Harbour Energy to support its North Sea operations from Aberdeen. The five-year fixed-term contract includes an option to extend for a further five years and will see Peterson deliver the full spectrum of carbon-neutral logistics services for Harbour Energy. The new agreement secures local jobs in Aberdeen and the Northeast of Scotland, and the longer contract...

Chevron working on a new plan for Cyprus gas project

Chevron working on a new plan for Cyprus gas project   After the government of Cyprus shot down an updated plan for the development of an offshore gas field reservoir in Block 12, Chevron Cyprus Limited, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners will need to engage in further talks with the country’s authorities to come to an agreement regarding the development of this project. Following the Aphrodite discovery by the A-1 well in September 20...

ICR Group doubles up on business development in the US

ICR Group doubles up on business development in the US   ICR Group has appointed two business development directors in the US. Established in 2011, ICR is a technology-focused provider of specialist maintenance inspection and integrity solutions deployed across multiple industry sectors. Brian Begnaud, who will be based in Lafayette, joins from Eriks, while Houston-based Brandon Kangas was previously with SMC Industries. Both directors possess extensive industry expertise in ide...

Brent prices to be well supported near $80/bbl, says Morgan Stanley

Brent prices to be well supported near $80/bbl, says Morgan Stanley   Morgan Stanley expects Brent crude prices to be well supported around $80 per barrel as the oil market is likely to remain in a deficit in the second of half of 2023 before returning to a small surplus next year. "Strong refined products markets and deep OPEC cuts have been supporting crude oil prices," analysts at the bank said in a note dated Thursday. Morgan Stanley raised its Brent price forecast...

Energean signs LOA on FEED with TechnipFMC

Energean signs LOA on FEED with TechnipFMC   Following the uniquely successful 5 well East Mediterranean exploration campaign, which discovered approx. 68 bcm of natural gas across the multi block (Katlan & Tanin) “Olympus Area”, offshore Israel, Energean is delighted to announce a new partnership with TechnipFMC that will take a new step towards the production of this regionally significant resource. Energean and TechnipFMC have agreed to a Letter of Award that wil...

Offshore Wind Pioneer Scoops Top Award At Net-zero Energy Transition Awards

Offshore Wind Pioneer Scoops Top Award At Net-zero Energy Transition Awards Eight winners announced at awards bash in Aberdeen Engineering firm Balmoral recognised by renewable energy industry   An Aberdeen-based engineering firm was last night (August 24) announced as winner of the Green Business Growth Award at Scottish Renewables’ Net-Zero Energy Transition Awards. Balmoral, a provider of key services to the offshore wind sector, was recognised for increasing its m...

Ithaca Energy To Transport VSA Guests To ‘A Whole New World’ As Principal Ball Sponsor

Ithaca Energy To Transport VSA Guests To ‘A Whole New World’ As Principal Ball Sponsor    Local charity VSA announce today (Friday 25th August) that Ithaca Energy will be the principal sponsor for their annual fundraising ball in November this year. VSA, the social care charity supporting the people of Aberdeen & north-east Scotland, will hold its Best of Care ball at the P&J Live on 3rd November 2023. Sue Freeth, chief executive for VSA, says, “We a...

TechnipFMC awarded an installation contract by TotalEnergies

TechnipFMC awarded an installation contract by TotalEnergies   TechnipFMC has been awarded a significant installation contract by TotalEnergies for Girassol Life Extension Project. The Company was previously awarded the engineering, procurement, and supply of subsea flowlines and connectors for GIR LIFEX last year. Jonathan Landes, President, Subsea at TechnipFMC, commented: “The seamless integration of engineering, manufacturing, and installation provides our clients with...

Woodside Energy puts oil and gas assets up for sale

Woodside Energy puts oil and gas assets up for sale The energy company is looking to sell the Macedon and Pyrenees fields offshore Western Australia.   Australia-based oil and gas company Woodside Energy is looking to sell its stake in mature offshore assets, reported The Australian Financial Review.   Specifically, the energy company is looking to sell Macedon and Pyrenees oil and gas assets offshore Western Australia. The assets up for sale have 75 million barrels of o...

Crondall Energy reappointed by UK Government to provide technical advice on CCUS

Crondall Energy reappointed by UK Government to provide technical advice on CCUS   Leading multi-disciplinary professional services consultancy WSP has been reappointed by the UK Government to advise on the delivery of its Carbon Capture, Utilisation and Storage (CCUS) programme. The firm has been selected by the Department for Energy Security and Net Zero (DESNZ) to continue the technical advisory role it was originally appointed to in 2020 by the as-was Department for Business, E...

New Aberdeen headquarters for Vysus Group

New Aberdeen headquarters for Vysus Group   Global engineering and technical consultancy, Vysus Group, has relocated its Aberdeen headquarters to Westhill. The organisation, which has more than 20 offices across the globe, has taken occupancy of the first floor of Proserv House, Prospect Road in Westhill. Following a strategic carve-out of Lloyd’s Register’s energy division, Vysus Group was formed in November 2020 and has now moved from its former owner’s premises...

UK's Harbour Energy report £337m profit

UK's Harbour Energy report £337m profit   The largest producer of fossil fuels in the UK’s North Sea has said it will extract slightly less oil and gas than expected this year, as it reported a fall in profit. Harbour, which last year complained its profit had been wiped out by the windfall tax on oil and gas companies, revealed that its tax bill was lower now than it had been before the tax was introduced. It paid 437 million dollars (£344 million) in tax...

Woodside and unions’ deal at Australian LNG facility could avert strike

Woodside and unions’ deal at Australian LNG facility could avert strike The agreement causes a more than 11% decline in Dutch wholesale gas prices, extending losses after a 15% drop in the previous session   Woodside Energy on Thursday reached an in-principle agreement with unions at Australia’s largest liquefied natural gas (LNG) project, potentially averting a disruption to supplies from the world’s biggest exporter of the super-chilled fuel. The agreement l...

Wintershall Dea begins natural gas production from Dvalin field offshore Norway

Wintershall Dea begins natural gas production from Dvalin field offshore Norway   Wintershall Dea has started production from the operated Dvalin natural gas field in the Norwegian Sea, together with the partners Petoro and Sval Energi, providing significant new gas volumes to the European market. The field helps underpin Norway’s position as Europe’s largest gas supplier: On plateau, Dvalin is planned to produce enough energy to heat more than 2 million homes. The addi...

Rovop secures new long term contract award from Energean Plc

Rovop secures new long term contract award from Energean Plc   Global ROV supplier, ROVOP, has been awarded a long-term contract with Energean PLC, the leading independent, gas-focused exploration and production company in the Eastern Mediterranean. This high-value contract marks ROVOP’s largest field support contract and is Energean’s first long-term ROV support contract. ROVOP’s Business Development Director, Mark Gilmartin: “It has been an outstanding...

3t Energy Group secures training contract with Wales & West Utilities

3t Energy Group secures training contract with Wales & West Utilities    3t Energy Group, the global training powerhouse that provides the highest-impact learning solutions for safety-critical industries, has secured a contract with gas distribution firm, Wales & West Utilities. The seven-figure contract will run for three years and provide a complete workforce management solution for Wales & West’s 1,900 colleagues. It will leverage 3t’s capabilities...

Drilling Systems launches next generation technology developed with top European University

Drilling Systems launches next generation technology developed with top European University   World-leading provider of advanced drilling simulation technology, Drilling Systems, part of training, technology and simulation solutions leader 3t Energy Group, has launched a next-generation DrillSIM Downhole model to support realistic training for geothermal applications. The model is now implemented for the first time at the Drilling Simulator Celle (DSC), a research facility of Claustha...

STRYDE launches integrated in-field data processing service for faster decision-making

STRYDE launches integrated in-field data processing service for faster decision-making   STRYDE, a global leader in seismic acquisition technology and solutions, has unveiled its new, novel integrated in-field data processing service, STRYDE Lens. This innovative solution is tailored to offer expedited access to interpretation-ready subsurface images, facilitating quicker decision-making. Coming just a little over a year following the introduction of the firm's data processing...
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