Author: Rigs & Barge World
Singapore-based Nortrans Pte Ltd. has secured a contract with Italy’s Saipem SpA for the Jansz-Io Compression (J-IC) project offshore Western Australia. To serve the contract, the company said in a media release that it has secured the services of Belait CSS1MSU DP2, a 200-POB flotel on a long-term bareboat charter. This marks Belait CSS1’s first project with Nortrans. Nortrans and Belait CSS1 will take part in the project by delivering dedicated accommodation support for essential personnel transfers during the FCS hook-up. Belait CSS1 will play a crucial role in managing the offshore workforce, ensuring operations are safe and efficient, according…
Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company announced the commencement of a significant offshore development project on the West Coast of India through a Memorandum of Understanding (MoU) and Master Service Agreement (MSA) with 2H Offshore. The project, targeting an estimated ultimate recovery (EUR) of approximately 20 million barrels of oil equivalent (MMBOE), represents the largest development under the offshore Discovered Small Fields (DSF) blocks. Cairn holds a 100 percent participating interest in this block. Cairn is partnering with 2H Offshore for the integrated, end-to-end delivery of offshore…
(Bloomberg) – India’s largest explorer Oil and Natural Gas Corp. is seeking to diversify its portfolio to shield its core business from volatile oil prices, said Arunangshu Sarkar, director for strategy at the state-run giant. The company’s multi-pronged approach involves entering the refining and petrochemical sectors, trading liquefied natural gas (LNG) and growing its renewable capacity. According to the International Energy Agency, the world is entering an era of cheaper energy prices, with growing electricity use leading to a surplus of oil and gas. ONGC is among the several oil majors looking to diversify their business strategies as the…
The US said Russia and Ukraine agreed to a ceasefire in the Black Sea, even as the Kremlin said its involvement would depend on a series of preconditions, including sanctions relief. In separate statements, the White House said Tuesday that three days of technical-level talks in Saudi Arabia with teams from Russia and Ukraine had yielded agreements “to ensure safe navigation” in the Black Sea. The sides had also agreed to prevent the use of commercial shipping for military purposes, it said. The US also “will help restore Russia’s access to the world market for agricultural and fertilizer exports, lower…
SNGN Romgaz SA and OMV Petrom SA have launched development drilling in the Neptun Deep gas block on Romania’s side of the Black Sea, expecting to start production 2027. At its peak Neptun Deep will add 8 billion cubic meters (282.52 billion cubic feet) a year to Romania’s natural gas production, according to the partners. They are undertaking the project as 50-50 co-venturers. OMV Petrom, majority-owned by Austria’s state-backed OMV Group with investment from the Romanian state, and Romania’s majority state-owned Romgaz peg their investment in the project at up to EUR 4 billion ($4.3 billion). “By developing this project,…
Throughout my tenure at the Kennedy Space Center (KSC), there existed a beloved tradition among my colleagues: when a coworker prepared to embark on a new journey or venture beyond KSC, it was customary for the team to commemorate the occasion with a thoughtfully selected gift — a stunning photograph or two from our time there. These images were often meticulously matted, framed, and signed, serving as a keepsake of shared memories and a symbol of the camaraderie built in an environment dedicated to exploration and innovation. Among these sentimental gifts, one photograph now holds a prominent place on my…
Palo Alto Networks CEO Nikesh Arora described how agentic artificial intelligence technology comes with cybersecurity challenges in a Tuesday interview with CNBC’s Jim Cramer. Arora pointed to robotaxi company Waymo as an example of how autonomous self-driving agents illustrate a new, more physical, iteration of AI beyond generative technology.”Giving it arms and legs is kind of the next frontier,” the CEO said of agentic AI. “You get into Waymo, you just gave AI arms and legs — you let it decide where to turn, when to stop, how fast to drive and how to get you from point A to…
Welcome to the Oil and Gas HSE podcast — brought to you on the Oil and Gas Global Network, the largest and most listened-to podcast network for the oil and energy industry. This episode is made possible by Endress+Hauser. The popularity of this podcast is due to its variety of guests and topics. This show is no exception as you will never guess what the discussion is when Russell interviews Dave Levitt, Sr. VP, Worldwide Sales Liquidframeworks, a Servicemax company. Listen and find out. LinkedIn: linkedin.com/in/dave-levitt-0685541Website: https://liquidframeworks.com/fieldfx/ More from OGGN … Podcasts LinkedIn Group LinkedIn Company Page Get notified about industry events…
In this episode, Erika Gwilt, a serious injury and fatality analyst at DEKRA, discusses the company’s century-long commitment to safety across various industries, particularly in oil and gas. She emphasizes the importance of behavior-based safety initiatives, leadership responsibility in safety culture, and the need for proactive measures to prevent serious incidents and fatalities. The conversation also highlights the significance of data analysis in understanding safety risks and the necessity of human insight in safety assessments. A case study on H2S gas safety measures illustrates DEKRA’s comprehensive approach to safety management. Episode Links Contact Erika Gwilt via LinkedIn: linkedin.com/in/erika-gwilt-ab63609 Company Website:…
In this conversation, Russell interviews Tracey McTague, OFT Country Manager USA & Canada | Oil & Gas Finder Technology with Onirik, an Australian company specializing in satellite technology for oil and gas exploration. She highlights the innovative Oil Finder Technology (OFT) that significantly reduces exploration time and costs while minimizing environmental impact and worker safety exposure. Tracey also shares her extensive background in health and safety within the oil and gas industry, emphasizing the need for family safety training in expatriate environments. Episode Links Contact Tracey McTague via LinkedIn: linkedin.com/in/traceymctague Company Website: www.onirik.com.au Onirik and Oilfield Network News (ONN): https://www.linkedin.com/posts/oilfieldnetworknews_oilfield-network-news-january-2025-activity-7289772010019176450-H8bR/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAD4DJqEBJAowOaZ6Us5Ad84yWuX-G1ENV8Q…