Train 1 of PAO Novatek’s 19.8-million tonne/year (tpy) Arctic LNG 2 liquefaction plant on Russia’s Gydan peninsula (northern Siberia) remains on track for completion by end-2022. Novatek updated the project’s status following a meeting between partner companies’ chief executive officers. Novatek said Arctic…
Equinor and Aker BP have agreed on commercial terms for a coordinated development of the Krafla, Fulla and North of Alvheim (NOA) licences on the Norwegian Continental Shelf (NCS), Equinor reported last week. Aker BP operates the NOA and Fulla licences and Equinor operates…
The African Energy Chamber (AEC), a chamber of networks, transactions, and partnerships at the forefront of Africa’s growing energy industries, has urged member countries of the African Petroleum Producers Organisation (APPO) to take action and support the oil sector at its meeting this week. …
The Trump administration has approved 12 applications for reductions in royalty payments from offshore drilling companies, according to Reuters. Those companies have been reeling from reduced demand for fuel and lower oil prices, according to the agency that processes such requests. In an…
Australia is already host to the world’s biggest lithium-ion battery – the 100/129MWh Tesla big battery at Hornsdale in South Australia, which is about to commission a 50 per cent expansion. And they are about to get bigger: Twin batteries are proposed to upgrade…
A multi-million pound fund has been set up to help the energy sector recover from the dual economic impacts of coronavirus (COVID-19) and the oil and gas price crash. The £62 million Energy Transition Fund will support businesses in the oil, gas and energy…
Insurers Distance Themselves from Disputed Australia Coal Project as Backlash Grows Global insurance companies linked to Adani’s Carmichael coal mine in Australia are distancing themselves from the controversial development, as pressure mounts on financial institutions to cut their ties to the fossil fuel industry. …
As part of its ongoing COVID-19 response, the UK Government earlier this week unveiled a series of restrictions requiring a 14-day quarantine period for travellers entering the country. Five industry associations – acting under the auspices of their Offshore Industry Group organisation –urged the…
Dutch offshore access provider Ampelmann has secured a contract from Royal Niestern Sander, a member of the Royal Wagenborg Group, for the sale of a winterised A-type motion compensated gangway system. Ampelmann said on Thursday that the new winterised A-type gangway combines features of…
Saipem’s Castoro Sei has completed laying the 105-km (65-miles) long offshore section of the Trans Adriatic Pipeline (TAP) across the Adriatic Sea. TAP is an 878-km (545-miles) long pipeline system that will transport gas from the Shah Deniz II field in the Azerbaijani sector…
