Oil & gas news
EnQuest Heather fined for collective decommissioning failures
NSTA urges UK operators to plug and abandon redundant wells to protect the environment and the public purse.
Middle East disruption could cut global oil demand 20% and gas 10% by 2050 as energy security drives shift to independence
Wood Mackenzie report that prolonged disruption to Middle East energy supplies could accelerate a structural shift in global energy systems, halving oil and gas import dependence by 2050 and reducing oil demand by 20% and gas demand by 10% relative to the base case.
Montel: EU gas prices slide 20% amid ceasefire in Iran war
The European bellwether front-month gas contract on the Dutch TTF hub initially dropped to EUR 42.50/MWh on Ice Endex this morning, its lowest since 2 March, before recovering slightly to EUR 43.46/MWh, at the time of writing.
DroneQ Robotics and Mark Offshore strike deal on the latter’s new fleet addition ‘R/V Mintis’
Mark Offshore manages and operates the DP1 ROV Support and Survey vessel. DroneQ Robotics now has the exclusive rights to deploy the vessel for its own projects, Intertek projects, and third-party projects.
Wood Mackenzie: Middle East crisis should prompt UK North Sea policy rethink
The UK government faces renewed pressure to change its policy on the North Sea, amid the crisis in the Middle East, says Wood Mackenzie.
TotalEnergies completes the merger of its UK North Sea upstream assets with NEO NEXT
TotalEnergies announces the completion of the merger between NEO NEXT and TotalEnergies’ UK upstream oil and gas business.
BOEM analyses proposed offshore well stimulation work at platform Gilda offshore California
The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda, located 8.8 miles offshore Ventura County, California.
Strohm provides insulated production jumpers for a project in Malaysia
Thermoplastic composite pipe (TCP) manufacturer Strohm has been awarded a contract to supply two insulated carbon fibre PA12 (CF/PA12) TCP production jumpers for a Southeast Asian operator.
The cost of war: Gulf energy infrastructure left facing a US$25 billion repair bill
War in the Middle East has triggered severe global supply disruptions in oil and gas, with reported damage and shutdowns affecting liquefied natural gas (LNG) trains, refineries, fuel terminals and critical gas-to-liquids facilities across the region.
EnerMech wins five-year North Sea contract on Kraken FPSO
EnerMech has secured a five-year contract to provide Bumi Armada with crane management and lifting services on the Armada Kraken Floating Production Storage and Offloading (FPSO) vessel in the UK North Sea East of Shetland.