Perth-based Finder Energy has completed the acquisition of two highly prospective UK North Sea operated licences, P2502 and P2524, from Azinor Catalyst Limited. P2502 is located on the western edge of the East Shetland Basin, Northern North Sea, covers an area of 424 square…
Shell Petroleum has agreed to sell Shell Philippines Exploration (SPEX) to Udenna Corporation subsidiary Malampaya Energy XP. SPEX has a 45% operated interest in Service Contract 38 (SC38) offshore the Philippines, which includes the producing Malampaya gas field. The transaction, which should close…
Air France-KLM, Total, Groupe ADP and Airbus have joined forces to carry out the first long-haul flight powered by Sustainable Aviation Fuel (SAF)1 produced in France. At 3:40 pm on the 20th May, Air France Flight 342 took off from Paris-Charles de Gaulle airport’s…
Russian gas giant Gazprom said on the 20th May that completion of the politically-charged Nord Stream 2 undersea gas pipeline depended on “many factors,” following the sanctions waiver from the United States. President Biden’s administration waived sanctions on Nord Stream 2 AG and its…
Lundin Energy Norway AS has been granted a permit by the Norwegian Petroleum Directorate to drill in PL167 in the North Sea. Well 16/1-34 S – the ninth exploration well to be drilled in the licence – will be drilled from the Deepsea Stavanger…
The US will impose and immediately waive sanctions on the company overseeing construction of the Nord Stream 2 gas pipeline from Russia to Germany, people familiar with the matter have said, a move meant to bolster ties with Berlin which sparked criticism the Biden administration…
Hydrogen was thrust into the spotlight as a promising clean energy source by President George W Bush in his 2003 State of the Union address. President Bush touted the potential for a “hydrogen economy” which would greatly slow the release of carbon dioxide into…
Maersk Drilling has sold the jack-up rig Maersk Guardian (now named Guardian) to New Fortress Energy, and the parties have further entered into an agreement about the sale of the jack-up rig Mærsk Gallant with anticipated closing in June 2021. The total sales price for…
Energy start-up Verdant Earth Technologies says it has figured out a way of using baseload power from biomass to help firm the grid – and the answer is to spend much of the time off-grid manufacturing hydrogen. The company is in the process of…
The National Iranian Oil Company (NIOC) will soon begin transferring oil through the Goreh-Jask pipeline, which runs from the Goreh oil terminal in the Bushehr Province to Jask oil terminal along the Gulf of Oman. The 1,000-km (620 mile) Goreh-Jask pipeline cost about US$1.8…
