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FERC greenlights Freeport LNG expansion

The US Federal Energy Regulatory Commission (FERC) gave the green light for the expansion of Freeport LNG project. The latter will build and operate its fourth natural gas liquefaction train, located at its LNG export facility on Quintana Island near Freeport, Texas. 

EnscoRowan awarded $180 million in arbitration case

EnscoRowan, an offshore drilling company, announced it won $180 million in damages in arbitration proceedings against Samsung Heavy Industry stemming from a 2016 drillship case. Concerning the incident, in April 2016, the company, then known as Ensco, began arbitration proceeding against SHI for the losses incurred in connection with a drilling services agreement for ENSCO DS-5 that was voided Brazil’s Petrobras.

Bill introduced in the US to curb oil and gas methane emissions

US Rep. Diana DeGette introduced legislation to reduce the large amounts of methane pollution and waste that are being released into the atmosphere each year by oil and gas producers across the country. The bill would mandate oil and gas producers to capture 85% of all gas produced on public lands within three years of enactment, and 99% of all gas produced on such lands within five years of enactment.

BIMCO approves first global offshore decommissioning contract

BIMCO’s Documentary Committee has approved an international standard contract for offshore decommissioning projects, to provide a balanced set of terms and conditions to both parties in the process. The contract is to be released at the end of June.

Equinor halts loading operations due to oil spill

Norwegian oil firm Equinor, published a statement according to which an oil spill was observed during a loading operation in the North Sea offshore Norway on Wednesday, May 15. The company noted that when loading oil from buoy to shuttle tanker on the North Sea Statfjord field, oil was observed on the sea surface. 

Mozambican gov greenlights the development of Rovuma LNG project

The Government of Mozambique announced that it approves the development of the Rovuma LNG project, that it is projected to produce, liquefy and market natural gas from three reservoirs of the Mamba complex located in the Area 4 block in the Rovuma basin, two of which straddle the boundary with neighboring Area 1.

Bigger wind farms need bigger boats

Manufacturers look for bigger and better wind farms, aiming to squeeze more energy out of the wind; Therefore, manufacturers as MHI Vestas are building bigger machines with longer blades and more powerful nacelles. Yet, the next generation of turbines will need even bigger boats, Bloomberg reports.

North Sea gas fields to be used for CO2 storage

Three amongst the largest European ports, Rotterdam, Antwerp and Ghent, are planned to be used to capture and bury 10m tonnes of CO2 emissions under the North Sea. The aim of the project is to build the CO2 network in the port of Rotterdam by 2026, with work then to be completed in the following four years on a cross-border pipeline to Antwerp and the North Sea port by Ghent.

Infographic: US oil and gas industry is dangerous

Graphic Products’ Alison Warner designed an infographic presenting all the dangers that are lying behind the oil and gas industry. The equipment, the flammable chemicals and high pressures can easily result to fatal accidents. The oil and gas industry is amongst the most dangerous jobs in America, this is why it has one of the most thorough safety training programs.

Poll

Should BWM training be a mandatory requirement?

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