The Speaker of the Lebanese Parliament has reportedly called for the restoration of an oil pipeline between Iraq and Lebanon, which ceased operation during the Iran-Iraq war more than 30 years ago. On the last of a four-day visit to Iraq, during which he…
GE Renewable Energy has been selected as the technology provider for the Phoenix onshore wind project in Aragón, Spain. The 342 MW project will be developed by Mirova, Engie and Forestalia and will create ten new wind parks in the Spanish community. The…
A federal judge in Alaska has overturned President Trump’s attempt to open vast areas of the Arctic and Atlantic oceans to oil and gas leasing. The decision issued on the 4th April by US District Court Judge Sharon Gleason leaves intact President Barack Obama’s…
ExxonMobil and Colombia’s Ecopetrol have each signed a 50-50 joint contract individually with Repsol for offshore exploration and production in offshore blocks in the Caribbean Sea. Repsol will remain the operator of the blocks—COL-4 and GUA-OFF-1. ExxonMobil is the partner in COL-4, and Ecopetrol…
Markel moves insurance business from London to Munich ahead of Brexit Specialist insurer Markel International has moved its European insurance business from London-based company, Markel International Insurance Company, to its Munich-based company, Markel Insurance SE (MISE) ahead of UK plans to leave the European Union….
Helicopter operator NHV Group has been awarded a new long-term contract with Premier Oil to provide helicopter services to its North Sea assets. NHV said on the 4th April that daily flights with the H175 will depart from its base in Aberdeen for a period…
INNIO* has announced that it will supply six Jenbacher* gas engines for the LEMENE microgrid project in Finland, helping the Finnish government reach its climate goal of having 100 percent of its energy come from renewable sources by 2030. The LEMENE flagship project will…
Malaysian oil and gas company Petronas plans to bring online its second Floating LNG unit in the first quarter of 2020. The timeline was reportedly shared by Petronas’ CEO Wan Zulkiflee in Shanghai at LNG2019 conference on the 2nd April, Reuters has reported. …
The majority of LNG-focused oil and gas professionals believe several new LNG infrastructure projects will need to be initiated this year to ensure supply can meet demand after 2025. That’s according to a new report published by DNV GL, which also revealed that more…
Rockhopper Exploration says planning continues for a three-phased development of the Sea Lion oil field in the offshore North Falkland basin. Phase 1 is designed to produce around 220 MMbbl from licence PL032. Phase 2 will encompass a further 300 MMbbl from the…
