News

  • Reconnaissance Energy explores working petroleum system in Kavango basin

    Reconnaissance Energy Africa Ltd (ReconAfrica) has obtained geologic results in the first section of Well 6-1 in Kavango sedimentary basin, Kalahari Desert, north-east Namibia.   The well is the second of an initial three-well programme to evaluate a working conventional hydrocarbon system confirmed by the…

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  • China Ban on Aussie LNG Should Have Limited Impact

    In May Beijing ordered several of its smaller liquefied natural gas importers no longer to buy the super-cooled fuel from Australia for at least the rest of the year.   The unofficial ban only extends to so-called second-tier LNG importers, not the country’s three state…

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  • Turkey unveils new gas discovery in Black Sea

    Turkey, through its national oil and gas company TPAO, has discovered 135 billion cubic metres (bcm) of natural gas in the Amasra-1 well in the North Sakarya field located in the Black Sea.   TPAO started drilling operations at the Amasra-1 well exploration well in…

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  • IOG installs two unmanned platforms in UK North Sea

    UK company IOG Plc has confirmed that the Blythe and Southwark gas platforms have been installed at their respective offshore field locations in the UK Southern North Sea.   IOG signed off the Blythe and Southwark normally unmanned installations (NUIs) as mechanically complete in April…

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  • Hungary Agrees to 15-year Gas Deal with Gazprom

    Hungarian Foreign Minister Peter Szijjarto has signed a 15-year gas supply agreement with Russian energy group Gazprom to take effect as soon as its existing deal expires in September, he said on the 3rd June.   Landlocked Hungary has diversified natural gas imports in recent…

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  • Edda Wind, AWind vessels to work at Dogger Bank offshore the UK

    Dogger Bank Wind Farm has awarded charter contracts to Edda Wind and AWind AS for their newbuild commissioning service operation vessels (CSOVs).   Both contracts are expected to start in 2Q 2023. The vessels will support commissioning of the 13-MW GE Renewable Energy Haliade-X turbines…

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  • Insurance Jottings

    Key Stage of Nord Stream 2 Gas Pipeline Completed but Insurance Needed Russian President Putin said a key stage of a gas pipeline to Germany which the US targeted for sanctions had been carried out, ahead of his summit with counterpart Joe Biden.   “I’m…

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  • Russia completes first Nord Stream 2 line

    Russia has finished laying the first line of the Nord Stream 2 gas pipeline to Germany, Reuters reported President Vladimir Putin as saying at an economic forum on the 4th June.   Nord Stream 2 comprises two parallel 48-inch lines, approximately 1,200 kilometres long, each…

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  • Lightsource BP in US$1 billion+ Portugal Solar Investment

    Lightsource BP has announced a US$1.09 billion (€900 million) solar investment in Portugal, which will be deployed over six years.   The company has entered into a co-development partnership with INSUN for five utility scale solar projects. The projects – which aim to add over…

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