oil and gas industry

Fire erupts at Iranian South Pars gas platform

Fire took place at the SPD9 platform, in the South Pars gas field, on June 12. About 14 people were working at the platform the moment of the fire, and after the explosion they were transported to Asaluyeh, Southern Province of Bushehr, by helicopter. No casualties were reported, while the fire has now been contained.

Reliance, BP to develop MJ project off India

Reliance Industries Limited and BP announced the sanction of the MJ project in Block KG D6, offshore the east coast of India. MJ is the third of three new projects in the Block KG D6 and its approval comes after sanctions for the development of ‘R-Series’ deep-water gas field in June 2017 and for the Satellites cluster in April 2018.

PGNiG and Venture Global LNG sign purchase agreement

Following the visit of Poland’s President, Andrzej Duda to Washington D.C., the Polish Oil and Gas Company signed an agreement with Venture Global LNG to buy additional 1.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG). The volume of LNG coming from the Plaquemines terminal will increase from 1.0 to 2.5 million tonnes per year, and specifically from 1.35 to 3.38 bcm of natural gas after regasification. 

EU-funded SecureGas to protect EU’s gas network

RINA announced that it coordinates SecureGas, a new EU-funded project, to rise the security and resilience of the European gas network. Thus, European Union’s Horizon 2020 research and innovation program has funded SecureGas, under the grant agreement no 833017, to ensure the security and resilience of the EU gas network. 

Equinor awards contract to process Johan Sverdrup seismic data

Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a contract by Equinor to process seismic data from the Johan Sverdrup Permanent Reservoir Monitoring system in the North Sea. A team of CGG processing experts, cooperating with Equinor, will deliver time-lapse 4D images to the Johan Sverdrup asset team within days of acquisition.

Tornio Manga LNG achieves environmental milestone for Nordic region

Wärtsilä’s EPC (engineering, procurement and construction) solution for the Tornio Manga LNG receiving terminal includes complete unloading, storage, pipeline distribution, regasification, truck loading, and ship bunkering facilities. The terminal is the largest one in the entire Nordic region.

First deepwater AUV survey in Mexico to take place

Oceaneering International announced that it has secured a contract to carry out the first-ever deepwater Autonomous Underwater Vehicle (AUV) survey in Mexican waters. BHP will conduct the geophysical survey. BHP will carry out the geophysical survey at its Trion development, and currently, work is underway and will continue for around 45 days.

Aker receives consent for search drilling at North Sea

Petroleum Safety Authority has given Aker BP consent to drilling of exploration well 24 / 9-13 in the North Sea. The well is located in the North Sea, close to the field Bøyla and Alvheim, while the sea depths of the city are 117.5 meters. The drilling is expected to being at the earliest in mid-June 2019, and is estimated to be for at least 21 days.

Greenpeace activists board a BP’s offshore drilling rig

After shutting down BP’s offices in London, Greenpeace activists boarded on an offshore drilling rig, which belongs to Transocean and planned to begin drilling operations for BP in the UK North Sea, in an attempt to stall BP’s oil plans. 

US to impose sanctions on countries buying Iranian oil

In November 2018, the US government issued Significant Reduction Exemptions (SREs) waivers to eight countries that were committed to decreasing the purchase of Iranian oil; China, India, Italy, Greece, Japan, South Korea, Taiwan and Turkey.

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