Oil & Gas

Energy rationing in Europe this winter is starting to look all but inevitable. German officials on Saturday insisted that security of supply was guaranteed, at least for now, after Russia’s Gazprom PJSC made a last-minute decision not to turn the crucial Nord Stream pipeline back on after maintenance. Storage is filling up and new sources of gas
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Jumbo Offshore has completed another one of its milestone projects with the execution of the transport and installation of a torpedo pile mooring system, including mooring for flexible risers, and umbilical for Libra Consortiums Guanabara FPSO. Libra Consortium is operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%),
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The California Independent System Operator (ISO) has issued a statewide call for voluntary electricity conservation for the third straight day. The most recent ‘Flex Alert’, as the action has been dubbed, was implemented for September 2, from 4pm to 9pm. A flex alert is issued by the ISO when the electricity grid is under stress
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Offshore driller Seadrill Limited has entered into a binding Share Purchase Agreement with subsidiaries of ADES Arabia Holding Ltd. to sell the legal entities that own and operate seven jack-ups in Saudi Arabia. Upon completion of the sale, the AOD I, AOD II, AOD III, West Callisto, West Ariel, West Cressida, and West Leda will
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Supporters of Iraqi cleric Muqtada al-Sadr clash with security forces at Green Zone after Sadr supporters stormed the presidential palace in Baghdad, Iraq, on Aug. 30, 2022. The move came shortly after al-Sadr announced his total withdrawal from politics amid a months-long political crisis in the country. Murtadha Al Sudani | Anadolu Agency | Getty
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French Prime Minister Elisabeth Borne urged businesses to cut energy use or face possible rationing this winter if Russia halts gas deliveries. “It’s urgent to stop any energy consumption that isn’t indispensable immediately,” Borne said Monday in a speech to business leaders at a conference near Paris. If not “there could be brutal gas outages
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Oil and gas company Enauta has opted to preventively interrupt production at the Atlanta field after detecting problems with a hose. Enauta said that the hose issue was discovered during the process of concluding the shutdown for maintenance of the Atlanta Field To remind, the Atlanta field is under the stabilization period following maintenance, and
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Carl Hoiland grew up in a rural Oregon, taking trips into the Sierra Mountains with his grandfather to prospect gold and uranium. In grad school, Hoiland studied geothermal energy, the complex science of converting heat sources buried within the earth into electricity. He quickly learned how little the field had advanced. Geothermal developers sometimes gets
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