Tailwind Energy has signed an agreement with Shell and ExxonMobil to acquire their interests in the Triton Cluster, which Tailwind intends to further develop. The Triton Cluster, located in the UK Central North Sea 190 kilometres east of Aberdeen, was initially brought into production…
Wood has been appointed by GE Energy Financial Services and Green Investment Group Limited as the owner’s engineer on the 650MW Markbygden ETT Onshore Wind Farm located in Swedish Lapland near the town of Piteå. The project, which comprises 179 3.63MW GE wind turbine…
A total of 30 oil and gas discoveries were made in the third quarter of 2017. Of these, 18 are conventional oil, one is heavy oil, one is unconventional gas, and the remaining ten are conventional gas, according to GlobalData, a data and analytics company….
North West Redwater Partnership (NWRP) has started diesel production at the first phase of its long-planned greenfield bitumen refinery still under construction in Sturgeon County, about 45 kilometres north-east of Edmonton. Operator North West Refining Inc (NWR) began producing diesel from Canadian Synthetic crude…
The French legislature has passed the ban on oil and gas exploration and production announced earlier this year. The law aims at halting production in France and its overseas territories by 2040. France produces about 15,000 b/d. The government will not renew existing…
Article by John Beaty In 2017, the fuel industry was ripe with change. Oil prices continued on an upward trajectory, hovering between US$50 and US$60 a barrel, well above the US$30 (or under) pricing of 2016. In addition, mergers and acquisitions were on…
Algerian state-owned energy company Sonatrach has signed an agreement with BP and Statoil to produce an additional 11 billion cubic metres (bcm) of natural gas from its Tiguentourine gas field, Sonatrach’s CEO said on the 20th December. The field produces nine bcm per year,…
TGS and Schlumberger have announced a new 2D multi-client seismic project offshore Egypt. The project will comprise acquisition of a 10,000 kilometre (6,214 mile) 2D long-offset broadband multi-client seismic survey. It will integrate all legacy seismic and non-seismic data. Acquisition will begin in mid-December…
Genoil, the publicly traded clean technology engineering company for the petroleum industry, and Grupo Roales have announced that that they have formed a ten-year alliance and partnership agreement to engage jointly in bids and develop projects in Mexico. It is expected that these projects…
On the 21st December Statoil will submit the plan for development and operation (PDO) of the Snorre expansion project off Norway to the Norwegian authorities. At the same time, contracts worth up to NOK 9 billion (US$1.76 billion) will be awarded, Statoil said. The investment…
