Pirates boarded a fully loaded super-tanker off the coast of Nigeria, an act which is sure to ring alarm bells for insurers about the risk of collecting oil from Africa’s biggest producer. Nineteen crew were kidnapped and remain missing, a spokeswoman for Navios, the…
Italian oil company Eni and Neptune Energy have completed the transfer of a 20% participating interest in the East Sepinggan area, located off Indonesia, out of Eni’s share to Neptune Energy. Neptune Energy agreed to acquire interests from Eni in the East Sepinggan PSC…
Energy Transfer LP has announced that a comprehensive commercial tender package has been issued to engineering, procurement and construction (EPC) contractors to submit final commercial bids for the proposed Lake Charles LNG liquefaction project being developed by Energy Transfer and Shell US LNG, LLC. …
Gazprom Neft subsidiary Gazprom Neft Middle East has produced its three-millionth tonne of oil since starting commercial production at the Sarqala field in the Kurdistan Region of Iraq (KRI). Total cumulative production at the Sarqala field has reached three million tonnes, or 23 million barrels of oil, as at December 2019. Daily liquid…
Oil production from non-OPEC countries is expected to grow at record speed in 2020, creating a headache for the Organisation of the Petroleum Exporting Countries (OPEC), which meets in Vienna to discuss extending oil production cuts. Rystad Energy predicts that total non-OPEC production (crude…
Oil major Shell has won a court order against Greenpeace aimed at preventing environmentalists from boarding the company’s oil installations in the North Sea. In October 2019, Greenpeace protested on the Shell-operated Brent field in the North Sea against the company’s plans to leave…
Australian oil and gas company Santos is in talks with potential partners to farm-out a share in the permit offshore Australia containing the Beehive prospect. The offshore permit is currently fully owned by Melbana. Santos has an agreement with Melbana to acquire an 80…
TGS is acquiring a further 1,500 square kilometres (578 square miles) of 3D seismic data offshore The Gambia. This will expand the company’s 3D multi-client library over the MSGBC basin off north-west Africa, which now totals more than 40,000 square kilometres (15,444 square miles)….
Total has shut down the Tyra field in the Danish North Sea as part of the Tyra Redevelopment project, according to partner Noreco. Work is continuing on the Tyra offshore facilities to ensure ‘safe state’ in January 2020, Noreco added, and offshore modification and…
JinkoSolar Holding Company Ltd, one of the largest and most innovative solar module manufacturers in the world, has announced that its affiliate has supplied approximately 40 MW of its ultra-high efficiency Cheetah HC 60 solar modules to Obton, one of the leading global developers and…
