SafeSTS has developed and patented a new ship-to-ship cargo transfer system for the Dynamic Positioning (DP) shuttle tankers sector
SafeSTS develops green technology for ship-to-ship cargo transfers
Exploration
United Oil & Gas announces successful testing of Al-8 development well, onshore Egypt
AIM-listed United Oil & Gas has stated that the Al Jahraa-8 (AJ-8) development well in the Abu Sennan concession, onshore Egypt will be brought onto production from the Lower Bahriya reservoir in the coming days
Sonangol wins back stake in Portuguese oil and gas company
As a result of the International Arbitration Courts decision, Sonangol will be reinstated as sole shareholder (100%) of Esperaza Holdings BV, the Netherlands-based offshore company
HydroVolve launches new technology solutions
Global energy technology firm RotoJar has rebranded to become HydroVolve, launching a new pioneering range of technology solutions built on its patented hydraulic-powered downhole engine
19th OPEC and non-OPEC ministerial meeting concludes
The 19th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, has noted the ongoing strengthening of market fundamentals, with oil demand showing clear signs of improvement and OECD stocks falling, as the economic recovery continued in most parts of the world with the help of accelerating vaccination programmes
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