Enbridge Inc. said on the 29th September that its Line 3 pipeline replacement project will begin operating on the 1st October, the first successful major expansion of Canadian crude export capacity in six years, clearing hurdles which other projects were unable to overcome. Its completion is…
Jadestone Energy Plc, Singapore, has successfully completed the horizontal development well H-6 on Montara oil field in the Timor Sea. The well has been tied into the existing field facilities. After clean-up, the well flowed at an initial rate of 10,000 b/d of oil,…
Surging global gas prices show the UK must maintain its North Sea supplies. That’s according to industry body Oil & Gas UK (OGUK), which highlighted that wholesale prices for gas have surged 250 percent since January with a 70 percent rise since August alone….
Russia’s Lukoil is entering BP’s exploration project located in the Caspian Sea offshore Azerbaijan. On the 28th September, Lukoil signed an agreement on acquiring a 25 per cent participating interest in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan sector of…
Building on a framework agreement signed in 2017, Vestas has received an order totalling 253 MW for four separate projects in Russia from Wind Energy Development Fund (WEDF), a joint investment fund created by OOO Fortum Energy and RUSNANO. The projects, Novoalekseevskaya, Grazhdanskaya, Ivanovskaya,…
BP has started oil and gas production from the Thunder Horse South Expansion Phase 2 project on Mississippi Canyon block 822 in the Gulf of Mexico. The project is south-east of the BP-operated Thunder Horse platform in 6,350 feet (1,935 metres) of water. …
On the 28th September, the European Parliament’s environment committee rallied behind EU plans to make companies and countries cut their methane emissions, indicating lawmakers are likely to back upcoming legislation to clamp down on the potent greenhouse gas. Methane is the second biggest cause…
Industry body Oil & Gas UK (OGUK) has announced that it has launched a new survey to help companies understand how they work together in the industry. OGUK said the survey is open to all OGUK members and noted that it will measure the…
Various IOCs appear to have no development plans in prospects for their discovered reserves in Sub-Saharan Africa, according to GlobalData. This may be due to the general push for a lower-carbon future and a shift from high-risk investments. According to oil & gas…
The 50MW Kincardine floating offshore wind farm, the world’s largest, has begun producing and supplying power to the Scottish national grid via a power purchase agreement (PPA) with Norwegian power company Statkraft. The final turbine at the 50 MW Kincardine Offshore Windfarm was completed…
