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Halliburton, Aker BP achieve industry-first installation on Norwegian Continental Shelf

The operation utilized Halliburton’s Enhanced Remote Operated Control System (eROCS) in conjunction with the Optime Tubing Hanger Orientation System (OTHOS). Together, the systems enabled precise orientation and installation of a vertical Christmas tree tubing hanger without the need for traditional umbilicals or standard orientation tools.

West Africa oil and gas market demonstrates strong growth; Nigeria, Ghana accounts for 80% – Deloitte

The West Africa oil and gas market is demonstrating strong growth potential, driven by global energy demand and rich reserves in the region, the 2025 West Africa Oil and Gas Outlook by Deloitte has revealed. According to the report, the West African oil and gas market represents a Compound Annual Growth Rate (CAGR) of 6.5% […]

Saipem, SOCAR Bag BP Contracts for Shah Deniz Compression

A consortium between the State Oil Company of the Azerbaijan Republic (SOCAR) and Saipem SpA has won contracts for a $2.9-billion compression project in the BP PLC-operated Shah Deniz field on Azerbaijan’s side of the Caspian Sea, BP and Saipem said. The compression project will access low-pressure gas and enable the production of an additional […]

Oil Tankers Avoid Sanctioned China Port

The Rizhao Shihua Crude Oil Terminal, which was blacklisted by Washington last week over its role in taking Iranian crude, is located in Shandong province, the center of China’s refining industry. Partly owned by Sinopec, Rizhao is the major entry point for foreign crude for the oil major, also known as China Petroleum & Chemical Corp., and is connected with several of its facilities by a lengthy pipeline.

Vucic Rues Short Gas Deal Offered by Russia

Vucic had been seeking a three-year contract with Gazprom, following two meetings this year with Russian President Vladimir Putin. Speaking to the tabloid Informer, he suggested the delay was linked to US sanctions on oil refiner Naftna Industrija Srbije that came into full effect earlier this month after several temporary waivers expired.