News

  • Soil analysis puts brakes on offshore Denmark wind farm

    The Danish Energy Agency (DEA) has put on hold the tender for the Hesselø wind farm offshore eastern Denmark, pending further analysis of results from a preliminary site investigation.   Soft clay formations have come to light, notably in the upper 20-30-metre (65.6-98.4-foot) portion below…

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  • EBRD Investigates Expansion into Iraq

    The European Bank for Reconstruction and Development (EBRD) has confirmed its intention to expand its operations into Iraq.   It concluded its 30th Annual Meeting this week with decisions on the Bank’s future work on the green transition and towards expanding its activities.   The…

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  • Energy Inflation Gathers Pace in Europe

    Energy inflation is gathering pace in Europe, with the price of everything from gas to electricity surging to records, fuelling concerns about costs to consumers as the world emerges from the global pandemic.   European natural gas and power prices climbed to an all-time high…

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  • Seal of approval to Equinor for next phase of Troll project

    Norway’s Equinor and licensees in Troll Nord have secured regulatory consent to start-up facilities and modifications associated with the Troll phase 3 project in the North Sea off Norway with the start-up scheduled for autumn.   The PDO for Troll phase 3 was approved in…

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  • Chevron to proceed with US$4-billion Jansz-Io compression project

    Chevron Australia has reached final investment decision (FID) on a US$4-billion project to add compression to maintain gas flow from Jansz-Io fields in the Carnarvon basin off Western Australia.   Describing the development as a modification of the existing Gorgon development, Chevron said compression work…

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  • Nigerian Lawmakers Pass Historic Oil Overhaul Bill

    Both chambers of Nigeria’s parliament have passed a bill which overhauls nearly every aspect of the country’s oil and gas production, putting a project which has been in the works for two decades one step closer to presidential sign-off.   Legislators have been hashing out…

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