Oil & gas news

Following its recent formation, SafeSTS Middle East FZE has made a strong start in the region, undertaking five UAE ship-to-ship transfers for two oil majors in its first six weeks of operation.

Solution: to seamlessly integrate multiple communications and security systems onboard one of the newest natural gas platforms in the Eastern Mediterranean.

The field is located approximately 225 miles (360 km) south of New Orleans, La., in a water depth of approximately 5200 ft (1584 m).

More than 80% of exhibition space for SPE Offshore Europe 2019 has been sold, according to the event’s organisers.

The sale transaction comprises Shell's permits NT/Rl2 and NT/RL4 within Australia waters and PSC 03-19 and PSC 03-20 within Timor-Leste waters and associated governance agreements.

The Brasse East well is being drilled immediately east of the Brasse field, discovered by Faroe in 2016 and appraised in 2017.

Ashley Kelty, oil and gas research analyst at Cantor Fitzgerald Europe, comments on the recent slump in oil prices.

The company has entered into the agreement with Perdaman Chemicals and Fertilisers Pty Ltd for the supply of pipeline gas for a term of 20 years.

The company will use Celonis to accelerate the enterprise-wide deployment and adoption of their business transformation initiatives in conjunction with their global ERP consolidation.

The contracts cover a range of works from installation and maintenance, to demolition and decommissioning.