The National Decommissioning Centre (NDC), a global technology R&D hub, has been opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor. The government ministers joined industry and civic leaders to…
Exploration drilling looks set to soar offshore Africa this year, according to Wood Mackenzie. The consultant expects around 40 exploratory wells compared with the 24 completed in 2018, with Total and Eni leading the way, pursuing deep-water, high-impact prospects. Later in the current…
Talks are in progress to build an underwater natural gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Construction could begin as early as next…
French oil major Total has reportedly hired Jefferies Financial Group to help it facilitate the sale of its offshore oil and gas assets in the Netherlands. On the 15th January, Reuters reported, citing unnamed sources, that the oil company was looking to snatch between…
Equinor and Aker BP dominated awards by Norway’s Ministry of Petroleum as part of the Award in Predefined Areas (APA) for 2018 held on the 15th January. Thirty-three companies were offered ownership interests in 83 production licences on the Norwegian Continental Shelf – the…
Leveraging its high tower solution, Vestas has secured a 101 MW order in China for 46 V120-2.2 MW turbines which will all feature the country’s tallest towers with a hub height of 152 metres. The project’s customised tower solution takes the 2 MW platform…
Eni SpA has signed with the Ministry of Oil & Gas and with BP a Head of Agreement (HoA) for the acquisition of the exploration and production rights of Block 77 onshore, Eni announced on the 14th January. Per the agreement, Eni and BP…
SDX Energy says the SRM-3 appraisal well on the South Ramadan concession in the Gulf of Suez offshore Egypt has found oil. Operator Pico (SDX has a 12.75% interest) reported encountering 75 feet (23 metres) of net conventional oil pay in the main Matulla…
Norway has given permission to Equinor and its partners Shell and Total to develop CO₂ storage on the Norwegian Continental Shelf. The government said on the 11th January that it had granted the company an exploitation permit, with the allocated area for storage of…
Abu Dhabi National Oil Company (ADNOC) has awarded two offshore blocks to a consortium led by Italy’s Eni SPA and Thailand’s PTT Exploration & Production PCL following a competitive bid round. The two blocks in the northwest of Abu Dhabi – Offshore 1 and…
