News

  • Eni, Total partner with Sonatrach for exploration off Algeria

    Executives of Eni and Total and Algeria’s Sonatrach have signed two agreements which include an exclusive partnership for exploration offshore Algeria in a virtually unexplored geological province.   Eni and Total also will pursue obtaining exploration permits that will allow for the completion of the…

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  • Canadian Solar and PKA Complete a Large Scale Solar Transaction in California

    Canadian Solar Inc one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, have announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalised a transaction with PKA for its interests…

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  • Fracking: second tremor in 24 hours recorded in Blackpool

    A second tremor in a 24-hour period has been recorded at the UK’s only active fracking site near Blackpool.   Cuadrilla was forced to halt operations for 18 hours on Friday, the 26th October after a 0.8-magnitude tremor. Fracking restarted on Saturday morning, the 27th…

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  • Wagenborg christens second walk to work vessel

    Wagenborg Offshore has unveiled the walk to work emergency response and rescue vessel Kasteelborg on the Nieuwediepkade in the port of Den Helder.   The Kasteelborg will serve as standby and support vessel in collaboration with the Kroonborg, which was commissioned almost three years ago,…

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  • Erskine production restarts in the North Sea

    On the 26th October, Serica Energy Plc said the remedial action to remove the gas hydrates in the Erskine to Lomond pipeline has been completed.   Production from Erskine in the UK central North Sea has restarted, and flow rates are being optimised.   Source:…

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  • Canadian Firm Wins Nassiriya Refinery Contract

    Iraq’s Oil Ministry has approved a preliminary agreement with Vancouver-based Pacific Future Energy to build a refinery in Nassiriya.   Pacific is likely to work on the project in tandem with SNC-Lavalin, a Montreal-based engineering and construction firm which has a partnership with Pacific dating…

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  • US$43 billion Slated for North Sea Projects Through 2025

    Sixty-seven oil and gas projects offshore four North Sea countries should start up through 2025, representing U$43.1 billion in investment, according to a new report from GlobalData.   “In 2025, key projects in the North Sea are expected to contribute about 1,327.4 thousand barrels of…

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  • US approves first offshore oil platform in Alaska’s federal waters

    The US authorities have conditionally approved a project which will see the first oil production facility deployed in federal waters offshore Alaska – the Liberty project.   The project, operated by Hilcorp, envisions the construction of a nine-acre artificial gravel island in the shallow waters…

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