The old trading city of Hamburg in north-west Germany will soon become the centre for a drive in Europe’s biggest economy to diversify natural gas imports. Three partners are forging plans to build a terminal for liquefied natural gas on the shores of the…
Eni has said it will drill two exploratory wells off Cyprus over the next two months, expressing confidence that significant reserves can be found for possible export to Europe. Eni ceo Claudio Descalzi described Cyprus as a “natural bridge” linking existing and potential gas…
On the 27th November, Iraq invited foreign companies to bid for contracts to explore and develop oil and natural gas reserves in nine new blocks as the OPEC nation seeks to boost its output capacity. “We invite all international companies to participate,” Oil Minister…
The technology group Wärtsilä has received a letter of award for a 95,3 MWp (75 MWac) solar photovoltaic (PV) power plant in Nigeria. The award was received from Pan Africa Solar Ltd, a developer of solar PV power plants focused on Africa. This will…
Statoil will take over Total’s stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf (NCS). Statoil will take over both operatorships and pay Total a consideration of US$1.45 billion. Total E&P Norge is the operator of the Martin…
Joint venture partners in the PEL 37 licence offshore Namibia have agreed to drill an exploration well on the Cormorant prospect with a targeted spud date of the 1st September 2018. The partners in the PEL 37 JV are Tullow as the operator, ONGC…
Total has announced first oil from the Libra mega-field, located in ultra-deep waters 180 kilometres offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil. The Libra project is operated by Brazil’s Petrobras. First oil is flowing into the Pioneiro de Libra FPSO,…
Time for change? Dennis Culligan offers ideas Is the energy market delivering the products its clients want or require? Dennis Culligan of risk, insurance and claims management company Longdown|EIC believes the energy sector and wider insurance market need to re-examine how they meet those needs…
MacGregor, part of Cargotec, has signed an order for the fabrication, engineering and project management of a complete subsea mooring and riser system with the Bangladesh-based company, Summit LNG Terminal. The MacGregor system will serve Summit’s floating storage and regasification unit (FSRU). The order…
NorSea Group and Apply TB have signed what they describe as the largest ever onshore power supply contract in Norway. According to NorSea, the company will build power supply facilities at four of its bases along the Norwegian coastline from Hammerfest in the north…
