Weekly Daily Standup Top Stories The UK’s Heathrow Power Outage sheds light on Net Zero Policies March 21, 2025 Clark Savage Net Zero has forced global financial and companies to become carbon-neutral. But the why is only one question that we will tackle on another day. Today, let’s look at the energy policies that countries force […] […]
Continue ReadingDaily Standup Top Stories TotalEnergies CEO Not Ruling Out Return of Nord Stream Gas Pipelines March 26, 2025 Clark Savage ENB Pub Note: Governments face a choice: follow energy policies that are not sustainable or go for low-cost energy and look to have a growing economy. We are seeing the green energy policies around the […] Climate […]
Continue ReadingBrazilian offshore driller Constellation Oil Services has won a contract from compatriot oil and gas giant Petrobras for jackup rig work. The company said it was declared the winner of a recent tender and that the deal was awarded to the Admarine 511 jackup, owned by its commercial partner ADES. The unit shall be used […]
Continue ReadingHouston-based offshore contractor McDermott has been selected by UK supermajor Shell for an enterprise framework agreement for engineering and procurement services and integrated project management team services. McDermott said that the agreement has a duration of three years with two one-year optional extensions. The scope of the agreement encompasses the full suite of McDermott’s offerings […]
Continue ReadingDaily Standup Top Stories Who, How much, and what are coutries investing in the U.S. since President Trump took office? March 25, 2025 Clark Savage If you have any questions about how regulatory actions can kill an economy or investments, look at what is happening in the United States after President Trump took office. Confirmed Foreign […]
Continue ReadingMette Frederiksen, head of research and insight at Tankers International, on the future of the VLCC trades. The VLCC market is changing significantly. While the global fleet continues to grow with the introduction of newbuilds, the ageing vessels in operation are losing efficiency, therefore slowing the actual growth of tonnage supply. Adding to this shift […]
Continue ReadingUK-based energy supermajor Shell has taken the final investment decision for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin offshore Brazil. The Gato do Mato consortium includes operator Shell with a 50% stake and its partners Ecopetrol and TotalEnergies which hold 30% and 20% stakes respectively. Pré-Sal Petróleo is […]
Continue ReadingWeekly Daily Standup Top Stories EPA Unleashes 31 Actions To Overturn Biden- and Obama-Era Regulations, Boost American Power March 14, 2025 Stu Turley The EPA is reconsidering various regulations on power plants, oil and gas facilities, and coal plants to jumpstart growth and unleash American energy. The Environmental Protection Agency (EPA) announced Wednesday that it is […]
Continue ReadingThe US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated a so-called teapot oil refinery in Shasndong, China and its chief executive officer for purchasing and refining hundreds of millions of dollars’ worth of Iranian crude oil, including from vessels linked to the Houthis, and the Iranian Ministry of Defense of […]
Continue ReadingOilfield services giant Baker Hughes has signed a deal with Brazilian oil and gas major Petrobras to provide fully integrated completion systems as well as an agreement for a definitive solution for stress corrosion cracking due to CO2 in flexible pipe systems. The multi-year contract award for completion systems follows an open tender and will […]
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