News

  • Iran Dishes Out 13 Oil Deals Worth US$1.7 billion

    The National Iranian Oil Company (NIOC) announced on the 17th August that the Iranian Offshore Oil Company (IOOC) and the National Iranian South Oil Company (NISOC) have signed 13 contracts with 14 local players worth around US$1.7 billion (€1.5 billion).   The deals will be…

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  • Greenpeace finds methane leak active for 30 years in UK North Sea

    Environmental group Greenpeace has located two large methane leaks at an old offshore well site in the UK North Sea.   Greenpeace said on the 17th August that its patrol ship Esperanza located two “gas-emitting craters” on the seabed.   According to the organisation, the…

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  • SeaRoc, JBA to support Choshi wind farm project offshore Japan

    Tokyo Electric Power Company Holdings Inc (TEPCO) has commissioned SeaRoc and JBA Consulting (JBA) to support the development of the Choshi offshore wind farm, a 370 MW-project off the coast of Choshi City, Chiba Prefecture.   If approved, the wind farm is expected to reach…

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  • Norwegian Firm to build Oil Tankers for Iraq

    Iraq’s Ministry of Oil, represented by the Iraqi Oil Tankers Company (IOTC), has concluded a contract with Norway’s Båtservice Mandal AS to build two oil tankers.   Oil Minister Ahsan Abdul-Jabbar Ismail said that this contract comes within the framework of the ministry’s plans to…

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  • Trump Admin Okays Arctic Oil Leasing

    On the 17th August the Trump administration authorised a sweeping plan to sell drilling rights and spur oil development in Alaska’s rugged Arctic refuge, setting up a possible auction by the end of 2020 and a political clash if the president loses the November election….

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  • Why The World Needs More Nuclear Power

    Two weeks ago in Renewable Energy Growth Continues At A Blistering Pace, I highlighted the inability of renewable energy to keep up with overall energy demand:   “Even though global renewable energy consumption has increased by about 21 exajoules in the past decade, overall energy…

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  • More wells come online at South Pars offshore Iran

    Pars Oil and Gas Company has brought onstream three wells at the South Pars phases 22-24 development in the Persian Gulf.   All were drilled from the SPD22 platform, project head Mehrdad Kazemi told news service Shana.   Hook-up activities for the wells were completed…

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