Blue Energy Ltd, Brisbane, has executed a non-binding heads of agreement with Origin Energy Ltd, Sydney, to supply up to 300 petajoules of gas over 1tenyears from Blue’s Bowen basin coal seam gas resources in Queensland. The gas is to be delivered to the…
State Oil Company of Azerbaijan Republic (SOCAR) and Equinor are considering scenarios to accelerate exploration and drilling of Karabagh field prospects and possible reconsideration of the field development plan following encouraging preliminary exploration work. The two companies met on the 16th March to discuss…
Texas and several other US states have sued the administration of President Joe Biden over his decision to revoke a key permit for the Keystone XL pipeline, Texas Attorney General Ken Paxton said in a statement late on the 17th March. The lawsuit states…
Chrysaor discovered hydrocarbons from logs and cuttings on entering the reservoir in the Jerv 15/12-25 exploration well in production licence (PL) 973, south of Grevling and Storskrymten discoveries in the southern North Sea, partner OKEA ASA said in a release on the 17th March. …
Eni SpA, Royal Dutch Shell Plc and several of their current and former executives have been acquitted of corruption charges related to a Nigerian oil deal by a court in Milan. The verdict ends a three-year legal saga which loomed large over the tenure…
Norwegian oilfield services company Aker Solutions has signed a ‘sizeable’ letter of intent with Heerema Marine Contractors (HMC) for decommissioning work on Equinor’s Heimdal and Veslefrikk fields off Norway. Aker Solutions said on the 18th March that the scope includes reception, dismantling and recycling…
The Russian pipe-laying vessel, the Akademik Cherskiy, will join in the construction of the Nord Stream 2 undersea gas pipeline in Danish waters at the end of March, the RIA news agency reported on the 18th March. The consortium behind Nord Stream 2 has…
As battery energy storage system (BESS) costs keep dropping, the nation’s utilities are finding that there has never been a better time to invest in reliable, renewable energy storage. According to FlexGen, the nation’s second-largest energy storage technology company, battery system prices have dropped…
Equinor has secured funding from UK authorities for three CO2 emissions projects in north-east England. The collective aim of the company and its partners is to create the world’s first net zero industrial cluster by 2040. Funds will be issued under the UK’s…
Iraqi and Egyptian officials have discussed the possibility of extending the Basra-Aqaba pipeline to Egypt. The matter was discussed at a meeting on the 18th March between Iraq’s Oil Minister Ihssan Abdul-Jabbar Ismail the Egyptian Ambassador to Iraq. A press release after the…
