Norway’s Equinor has let a $13-million engineering, procurement, construction, and installation contract to Wood for the boosting station to increase production from Vigdis subsea field in the Tampen area on Block 34/7 in the Norwegian North Sea. Source: News
Contracts let for gas fields off Sarawak
Sarawak Shell and Sapura Exploration & Production have let contracts to McDermott for work related to the linked development of three natural gas fields offshore Malaysia. The Shell unit’s contract covers transportation and installation of jackets, topsides, and pipelines for Gorek field. The Sapura contract is for the same work for Larak and Bakong fields. […]
SOCAR Polymer commissions HDPE plant in Azerbaijan
SOCAR Polymer has started up a high-density polyethylene plant in the Sumgait Chemical Industrial Park about 30 km north of Baku. The 120,000-tonne/year HDPE plant, which officially began operating on Feb. 18, will produce four varieties of HDPE to meet Azerbaijan’s demand, with the remaining 75% of product manufactured at the plant to be exported to […]
Anadarko, Pertamina sign LNG agreement for Mozambique plant
Anadarko Petroleum Corp. reported that Mozambique LNG1 Co. Pte. Ltd.—the jointly owned sales entity of the Mozambique Area 1 coventurers—has entered into a 20-year, 1 million-tonne/year LNG supply agreement with Indonesia’s state-owned Pertamina. Source: News
Equinor releases Great Australian Bight drilling plan
The Australian arm of Norwegian international energy company Equinor has released for public comment its draft environment plan for the proposed drilling program of the Stromlo-1 wildcat in exploration permit EPP39 in the South Australian portion of the Great Australian Bight. Source: News
MARKET WATCH: Brent crude oil approached $67/bbl to start week
Brent crude oil reached a high of $66.83/bbl on the London market Feb. 18 before falling to settle at $66.25/bbl while US markets were closed Feb. 18 for the Presidents’ Day holiday. Source: News
The Green New Deal
For oil and gas companies, the Green New Deal, unveiled on Feb. 7, should raise concern for one overarching reason: It undermines the intellectual foundation of energy policy-making. Source: News
Millennials in the workforce
The large number of oil, gas, and petrochemical business employees expected to retire in the next few years along with anticipated industry growth has reinforced the need to attract younger workers. The industry will look to the Millennial Generation to fill roles and support expansion. Source: News
Montana federal judge’s latest order continues to block Keystone XL
US District Judge Brian Morris issued a new ruling allowing TransCanada Corp. to build and use pipe storage and container yards for the proposed Keystone XL crude oil pipeline. But the Feb. 15 order reportedly continues to block construction of worker camps, effectively keeping work from beginning on the project. Source: News
Repsol makes gas discovery at Sakakemang onshore Indonesia
Indonesian oil and gas regulator SKK Migas confirmed a natural gas discovery at the Repsol-operated Sakakemang PSC onshore central Sumatra. Repsol started drilling the Kali Berau Dalam-2 well in August 2018, targeting a fractured Pre-Tertiary basement play. The company reentered the well earlier this month following control problems in late 2018, according to consultant Wood […]