News

  • Clear Risk of Slower Saudi Output Restart

    There is a clear risk of a slower restart of Saudi Arabian oil production despite the optimistic guidance by Saudi Aramco.   That is according to Rystad Energy Chief Oil Market Analyst Bjornar Tonhaugen, who made the statement in a post published on Rystad’s website…

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  • Corallian adds new blocks to UK portfolio

    UK oil and gas company Corallian Energy has been awarded exclusive licences over seven blocks and part blocks in the Inner Moray Firth (IMF) part of the UK Continental Shelf.   Corallian and its partners have been formally awarded these blocks by the UK Oil…

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  • Spirit Energy joins AFBE-UK Scotland

    Social enterprise AFBE-UK Scotland has announced energy operator Spirit Energy has signed up as a corporate partner.   Headquartered in the UK, Spirit Energy is one of Europe’s top independent oil and gas operators and employs more than 700 people across four countries.   Joy…

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  • Van Oord to install cables at wind farms offshore Taiwan

    Ørsted has contracted Van Oord for the cable installation works at the Greater Changhua 1 and 2a wind farms offshore Taiwan.   Located between 35 and 60 km (22 and 37 miles) off the west coast of Changhua County, the 900-MW Greater Changhua 1 and…

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  • New Pipeline to Transport Iraqi Oil to Turkey

    Ankara and Baghdad are working toward building a new oil pipeline with the capacity to transport one million barrels per day from Iraq’s Kirkuk fields to the Turkish border.   “The Iraqi government is now examining tenders for the new oil pipeline between Iraqi and Turkey, after having finished…

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  • NextDecade, Enbridge Team to Build LNG Pipeline

    NextDecade Corporation and Enbridge Inc have entered into a Memorandum of Understanding (MoU) for the development of the Rio Bravo Pipeline as well as other natural gas pipelines in South Texas.   This will transport natural gas to NextDecade’s Rio Grande LNG project in Brownsville,…

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  • Azeri Central East construction contracts awarded

    BP as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development has awarded construction contracts for the Azeri Central East (ACE) project in the Caspian Sea.   The consortium consisting of BOS Shelf LLC and Star Gulf FZCO has won a US$260-million contract for the fabrication…

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