News

  • BPC preparing to spud Bahamas well in December

    Stena Drilling’s Stena ICEMax drillship is preparing to set sail soon to the Bahamas to spud the Perseverance #1 well for the Bahamas Petroleum Company (BPC).   BPC said on the 17th November in an operational update that the drillship has completed all necessary vessel…

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  • The Hype and Hope of Sahara Desert Green Hydrogen

    Desert energy is back. As the European Union sets its sights on a green hydrogen boom as part of its plans to meet decarbonisation pledges and rebuild economies ravaged by the COVID-19 pandemic, North Africa has emerged as a possible source for a significant chunk…

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  • Vattenfall’s hydro power runs Finnish supercomputer

    As part of a pan-European initiative one of three leadership-class supercomputers, LUMI, will be located at CSC’s data centre in Kajaani, Finland. LUMI is one of the fastest supercomputers in the world and will run on 100 percent fossil free hydro power from Vattenfall.  …

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  • Angola strikes new deal for grassroots Cabinda refinery

    The government of Angola, through state-owned Sonangol EP, and new partner Gemcorp Capital LLP, a London-based investment management firm, have taken final investment decision (FID) to proceed with the country’s long-planned project for construction of a greenfield refinery on the Malembo plain, 30 km north…

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  • Insurance Jottings

    Lloyd’s mulls downsizing underwriting room Lloyd’s of London is to undertake a consultation next year as it explores shrinking the size of the underwriting room, the Corporation’s chairman Bruce Carnegie-Brown has said.   Miller to be acquired by Cinven & GIC Specialist (re)insurance broker Miller…

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  • The Great American LNG Comeback

    After a record 2019, it has been a rocky ride through the pandemic for the US LNG export business. Sunken prices and demand globally have shrunk our shipments abroad. In January, exports were up over nine billion cubic feet per day (Bcf/d) before steadily falling…

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  • Trans Adriatic Pipeline springs into action

    The 878-km Trans Adriatic Pipeline (TAP) has kicked off commercial operations following four and a half years of construction.   TAP is a gas transportation system crossing Greece, Albania, the Adriatic Sea and Italy. It is the European leg of the Southern Gas Corridor, a…

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  • Drilling starts at Apsara offshore Cambodia

    KrisEnergy is seeking a further extension from Cambodia’s government for start-up of the Apsara oil development in block A in the Gulf of Thailand.   Earlier this year the government agreed to push back the deadline by four months to the 31st October 2020 before…

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  • Vestas Wins 50 MW Order In The UK

    Vestas has secured a 50 MW order for the Sandy Knowe wind project from ERG, one of the leading wind energy operators in the European market.   The project will be located in Scotland and will feature 14 V112-3.45 MW turbines in 3.6 MW Power…

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