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Ineos to Upgrade Forties Pipeline

Mar 04, 2019

Billionaire Jim Ratcliffe's petrochemicals company Ineos said on Wednesday it would spend 1 billion pounds ($1.33 billion) on UK energy assets, including the Forties pipeline, which carries almost half of Britain's oil and gas from the North Sea.Ineos said it would invest 500 million pounds on overhauling its ageing Forties pipeline, which has been in service since 1975 and can carry up to 600,000 barrels per day (bpd) of oil…

CPOC Taps Dayang for Offshore Modification Works

Feb 04, 2020

Malaysian offshore services company Dayang Enterprise has won a contract to provide modification works at CARIGALI-PTTEPI OPERATING COMPANY's (CPOC) offshore blocks.Dayang said on Tuesday that the contract was for modification works for Block B-17 & C-19 and B-17-01…

Aker Solutions to Provide Brownfield Services for BP in Angola

Oct 04, 2018

Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP's Greater Plutonio and PSVM fields offshore Angola.The work scope covers the supply of engineering, procurement…

Norway's Goliat Oilfield to Restart by Friday

Oct 04, 2018

Oil production at Eni's Arctic Goliat field off the coast of Norway will restart by Friday following maintenance, the company told Reuters on Thursday.The restart had originally been planned for Oct. 1, but Eni extended the outage to carry out…

Current News

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Oil Prices Drop To Lowest In a Year

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Coronavirus  Delays Three Indonesian LNG Cargoes to China

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Bumi Armada to Appeal Ruling in FPSO Case with Woodside

Iran to Boost Gas Output Capacity with New Offshore Platform

Iran to Boost Gas Output Capacity with New Offshore Platform

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Saipem in Saudi JV Push

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Lebanon Set to Spud Its First Offshore Well

Keppel Breaks FPSO Conversion Record

Keppel Breaks FPSO Conversion Record

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