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Houston Ship Channel closure halts oil refiners

5 hours ago DieselGasoil Comments Off on Houston Ship Channel closure halts oil refiners
By Joe Carroll and Rachel Adams-Heard on 3/24/2019 Photo: Houston Ship Channel. HOUSTON (Bloomberg) — The Houston Ship Channel won’t reopen until the U.S. Coast Guard verifies that a cloud of cancer-causing benzene has dissipated and oily runoff from the region’s worst chemical disaster in 14 years poses no threat to vessels or their crews. Read More

Prosafe SE: Safe Scandinavia option restructure and extension

3 days ago DieselGasoil Comments Off on Prosafe SE: Safe Scandinavia option restructure and extension
Prosafe has agreed with Aker BP ASA to restructure the remaining seven one-month options for the Safe Scandinavia at the Ula platform in the Norwegian sector of the North Sea, to three one-week options. In addition, the first of the one-week options has been exercised. The total value of the option is approximately USD 1 Read More

Angus Energy inks deal with P.W. Well Servies for Brockham operations

3 days ago DieselGasoil Comments Off on Angus Energy inks deal with P.W. Well Servies for Brockham operations
3/21/2019 LONDON — Angus Energy is pleased to announce that the company has entered into a rig contract with P.W. Well Services Limited to complete the forthcoming work over operations at Brockham. Rig mobilization is anticipated for mid-April and operating day rates are fixed for this intervention. In addition, the rig crew are all experienced Read More

Venezuelan crude shipments dead in the water on U.S. sanctions

4 days ago DieselGasoil Comments Off on Venezuelan crude shipments dead in the water on U.S. sanctions
By Sheela Tobben on 3/20/2019 NEW YORK (Bloomberg) — Venezuela’s exports to the U.S. hit zero last week after American sanctions on PDVSA. American refiners took no crude from the Latin American country for the first time in government data going back to 2010. Shipments have been on a steady downtrend since late January when Read More

Quorum Software completes acquisition of Coastal Flow Measurement and Flow-Cal, Inc.

4 days ago DieselGasoil Comments Off on Quorum Software completes acquisition of Coastal Flow Measurement and Flow-Cal, Inc.
3/20/2019 HOUSTON — Quorum Software, digital transformation partner for the oil and gas industry, has completed the acquisition of Houston-based Coastal Flow Measurement, Inc., a family of energy measurement services and software companies. This transaction includes Flow-Cal, Inc., a subsidiary of Coastal Flow that provides gas and liquid measurement software purpose-built for the hydrocarbon measurement Read More

Greenland Gas and Oil gets new license, provides Jameson update

4 days ago DieselGasoil Comments Off on Greenland Gas and Oil gets new license, provides Jameson update
3/20/2019 LONDON — Greenland Gas & Oil Limited (‘GGO’ or the ‘Company’) is pleased to confirm the award of a new license and extension of existing licenses, as well as provide details of upcoming operational activities on its Jameson Land acreage located onshore south-east Greenland.  The Government of Greenland has awarded GGO a 93.75% operating Read More

Equinor awards Johan Sverdrup contract for subsea production system

5 days ago DieselGasoil Comments Off on Equinor awards Johan Sverdrup contract for subsea production system
3/20/2019 Johan Sverdrip field in the North Sea. Photo: Arne Reidar Mortensen/Equinor ASA. STAVANGER — On behalf of the Johan Sverdrup license, Equinor is awarding a contract for constructing and installing the subsea production system for project phase 2 to TechnipFMC. The production system consists of five templates and a total of 18 X-mas trees Read More

BP explores buying solar energy to power operations in the U.S.

5 days ago DieselGasoil Comments Off on BP explores buying solar energy to power operations in the U.S.
By Brian Eckhouse and Kelly Gilblom on 3/20/2019 SAN DIEGO and LONDON (Bloomberg) — BP may become the next oil giant to power operations with clean energy. The London-based company is in talks with a solar developer it partially owns, Lightsource BP, to buy power in the U.S., according to executives at the renewable company. Read More

Oil majors rush to dominate U.S. shale as independents scale back

5 days ago DieselGasoil Comments Off on Oil majors rush to dominate U.S. shale as independents scale back
EDDY COUNTY, NEW MEXICO (Reuters) – In New Mexico’s Chihuahuan Desert, Exxon Mobil Corp is building a massive shale oil project that its executives boast will allow it to ride out the industry’s notorious boom-and-bust cycles. Natural gas flares off at a production facility owned by Exxon near Carlsbad, New Mexico, U.S. February 11, 2019. Read More

Google, Chevron execs say industry must keep up with data transformation, other tech trends

5 days ago DieselGasoil Comments Off on Google, Chevron execs say industry must keep up with data transformation, other tech trends
By Kurt Abraham, Editor-in-Chief on 3/19/2019 At the Norwegian Energy Day on Tuesday, March 19, hosted by the Norwegian Consulate General and several corporate sponsors, speakers from Google and Chevron told the audience that the oil and gas industry needs to do more, and do it faster, to adapt to the digital transformation and other Read More