Malaysian national oil company Petronas has signed a memorandum of understanding (MoU) with UK-based Storegga, a developer of carbon storage and clean fuels, to assess and determine the commercial, regulatory, and economic factors needed for the development of carbon capture and storage (CCS) hub and cluster projects in Malaysia. Storegga said yesterday that the move progresses both companies continued efforts …
More than 60% of Port of Aberdeen’s £400 million South Harbour development is now operational, marking the penultimate construction milestone in this transformational project. The handover from construction to operations for Dunnottar, Crathes and Castlegate (East) Quays was completed this week. Castlegate (West) is scheduled to open in December 2022 and the remaining Balmoral Quay will be brought into service …
Record activity levels in the first half of 2022 for Bureau Veritas and promising signs for the year ahead support optimism that a growth explosion in the decommissioning sector is underway. Are you ready for the golden age of decommissioning? Dawn Robertson, Bureau Veritas Global Strategic Sales Director, Global Services – Marine & Offshore, and Decom North Sea Vice Chairperson …
ASCO, the global integrated logistics and materials management company, has appointed Mike Pettigrew as its new UK Managing Director following the retirement of his long-serving predecessor, Glenn Hurren. Mike will take up his new role today (November 1) while Glenn will officially retire in February 2023. Having joined ASCO in 1984, Glenn Hurren previously held a number of senior roles …
Port of Aberdeen has appointed Roddy James as its first Chief Commercial Officer (CCO) as the organisation targets significant growth. Roddy joins the Port having held a wide range of leadership positions within the energy and marine sectors for more than 20 years, including Utility ROV Services, N-Sea and Stork. In this newly created role, Roddy leads Port of Aberdeen’s …
In 2021, the shallow-water Gulf of Mexico produced 23.4 million barrels of oil and 113 billion cubic feet of gas, production levels last seen in the late 1950s. Both oil and gas are long on their decline curves and any reversal via new discoveries is highly unlikely. Although these decline curves may flatten in the near-term with sustained higher oil …
Maersk Training Houston has entered into a new training partnership with bp Houma Operations Learning Center (HOLC) to develop the next generation of oilfield workers in the Gulf of Mexico. Training will take place in person, online and using simulators, and will be delivered according to industry and regulatory standards. The bp Houma Operations Learning Center is known for its cutting-edge …
One of the world’s largest deepwater rigs, the Ocean Greatwhite, has returned to Kishorn Port on Scotland’s west coast after a high-profile visit nearly four years ago. Operated by Diamond Drilling, the 60,000-tonne Ocean GreatWhite is one of the world’s largest ultra-deepwater semi-submersible rigs, capable of drilling up to 35km in water depth of up to 10km. Read more here
Fresh questions have risen on whether Shell will be allowed to leave the huge legs of the Brent field in the North Sea. Earlier this year, the oil giant said the UK Government was expected to decide in the first half of 2022 whether it would allow Shell to do so. Read more here
A government minister has pledged to accelerate the second phase of the UK’s carbon capture and storage (CCS) rollout. In an exchange in the House of Commons, Graham Stuart confirmed plans to speed up ‘Track 2’ of the cluster sequencing process. Read more here