Oil & Gas News

McDermott International, Ltd. has announced that its CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific Company of Manila, Inc. (AG&P) for the engineering, procurement and construction (EPC) of a second liquefied natural gas (LNG) storage tank and double-wall LNG bullet for AG&P's Philippines LNG import and regasification terminal called Philippines LNG (PLNG) in Batangas Bay, Philippines.

Last week, the United States appealed the preliminary injunction entered by the district court in Louisiana v. Biden, which enjoined the Department of the Interior from implementing the pause in new federal oil and gas leasing as set forth in Section 208 of Executive Order 14008.

The ice edge has been frequently debated – both where and how the ice edge should be defined and what it should mean for further commercial activity in the Barents Sea. This text was written by geologists Rune Mattingsdal and Stig-Morten Knutsen in the Norwegian Petroleum Directorate as an opinion piece in Teknisk Ukeblad (Norwegian engineering magazine).

For more than 50 years, presidential enthusiasm for U.S. petroleum products has spanned ideologies and personalities. Presidents from Jimmy Carter and Ronald Reagan to Barack Obama and Donald Trump hailed the benefits of American energy leadership. Democrats and Republicans alike saw abundant U.S. oil and natural gas as a path to economic prosperity, national security and environmental progress.

Petrobras has awarded Fugro a 3-year contract for subsea inspection, repair and maintenance (IRM) services in Brazil. The contract is set to begin in Q4 2021 and will be accomplished from the Fugro Aquarius using two Fugro-built 3000 m work-class remotely operated vehicles (ROVs). The award follows the successful completion of a previous 4-year contract for similar services aboard the same vessel.

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