Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometres off the southern coast of South Africa. This discovery follows the adjacent play opening Brulpadda discovery in 2019, which proved a significant…
Day & Zimmermann (D&Z), the century-old, family-owned provider of construction, engineering, maintenance, staffing, and defence solutions for leading corporations and governments around the world, has announced the acquisition of EMC Power Canada Ltd (EMC), an Ontario-based specialised trade services and construction company. The acquisition…
Huge volumes of discovered hydrocarbons worldwide are currently ‘stranded,’ according to a study by Westwood Global Energy Group. The consultant has identified 119 fields in this category that were found between 2008 and 2016 with collectively 11 Bbbl of oil and 36 Bboe of…
A new interactive mapping application that reveals the location of every energy-related site in the UK Continental Shelf (UKCS) is expected to bring real benefits for exploration and the search for carbon storage locations. The game-changing app shows the proximity of existing oil and…
Swedish refiner Preem AB, a wholly owned subsidiary of Corral Petroleum Holdings AB, Stockholm, is moving forward with a recently proposed project to convert its 220,000-b/d refinery in Lysekil, Sweden, into Scandinavia’s largest manufacturing site for renewable fuel. With an application to amend the…
Cenovus Energy Inc and Husky Energy Inc have agreed to merge in an all-stock transaction valued at US$23.6 billion, inclusive of debt. The combined company, to operate as Cenovus Energy Inc and remain headquartered in Calgary, will have low exposure to Alberta oil pricing,…
One quarter of the global floater segment could be scrapped. That’s according to Rystad Energy, which outlined that restructuring in the “already stretched” offshore drilling market will accelerate. An evaluation of active rigs in the global floater fleet revealed that up to 59…
Oil and gas company Neptune Energy expects its full-year production to be impacted by the closure of the Equinor-operated Hammerfest LNG plant following a recent fire incident while its losses of revenues will be recovered through insurance claims. The Hammerfest LNG plant processes gas…
Tlou Energy an ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the exploration and development of gas and solar power, is seeking funding for development of the Lesedi power project. Key Points Project Finance negotiations…
GE will supply its renewable steam power technology for a new waste-to-energy (WtE) plant located in East Rockingham, Western Australia. In a deal signed with ACCIONA, who, together with Hitachi Zosen Inova (HZI) have formed the EPC Consortium to engineer, procure and construct the…
