News

  • The Nordex Group Will Also Produce Rotor Blades in Mexico

    The Nordex Group will in future also produce its own rotor blades in Mexico. To this end, the company will set up a production facility in Matamoros, in the state of Tamaulipas.   Moving forward, rotor blades totalling more than 1GW capacity per year will…

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  • Tullow Looks at No Deal Brexit Implications

    Tullow, which employs a number of EU nationals in the UK, has stated in its latest results statement that its board is concerned about the uncertainty that a No Deal Brexit would cause these “much-valued members of staff”.   In its results statement, Tullow also…

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  • Jubilee FPSO switched to new heading

    Tullow Oil says the turret remediation project for the Jubilee FPSO offshore Ghana is close to completion.   The programme, said to have included the first ever remediation of this type at sea, involved shutting down the FPSO Kwame Nkrumah twice in the first half…

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  • Top 10 US Shale Portfolios

    Chevron holds the most valuable US shale portfolio in terms of total net present value (NPV), according to Rystad Energy.   The total NPV for Chevron’s US shale portfolio is US$72 billion, with the company’s acreage in the Permian Delaware alone standing at nearly US$60…

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  • AAOG to bring Congo well online in April

    Anglo African Oil & Gas (AAOG), is working to bring its TLP-103C well at Tilapia licence offshore the Republic of the Congo into production.   The Tilapia field is located 1.8 kilometres offshore of the Republic of the Congo, located in the Lower Republic of…

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  • Neptune awarded Gulf of Suez block

    Egyptian General Petroleum Corporation has awarded Neptune Energy operatorship of an oil exploration license in the Gulf of Suez.   The North West El Amal offshore concession (originally offered as block 4) covers 365 square kilometres (141 square miles) in the central part of Gulf…

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  • Floating wind turbines could power five Norwegian North Sea platforms

    Equinor has awarded Kvaerner a front-end engineering design (FEED) contract for the planned Hywind Tampen wind power project in the Norwegian North Sea.   Kvaerner’s brief is to mature the design of concrete substructures for potentially 11 wind turbines based on Equinor’s floating offshore wind…

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  • BHP Approves US$696 million Funding for BP Project

    BHP’s board has approved $696 million in funding to develop BP’s Atlantis Phase 3 project in the US Gulf of Mexico, BHP announced on the 13th February.   BP approved a US$1.3 billion expansion for the Atlantis Phase 3 development in early January.   BHP…

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  • BP lets rig contract for Ironbark wildcat off Western Australia

    BP Developments Australia Pty Ltd, acting operator of a joint venture in Western Australian offshore exploration permit WA-359-P, has signed a contract for a rig to drill the Ironbark-1 wildcat well.   Diamond Offshore Drilling Inc’s Ocean Apex semi-submersible drilling rig will begin the programme…

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