Bahrain, the smallest energy producer in the Persian Gulf, discovered its biggest oil field since it started producing crude in 1932, according to the country’s official news agency. The shale oil and natural gas discovered in a deposit off the island state’s west coast…
Saudi Aramco participated in the Saudi-US CEO Forum held in New York to promote bilateral business and cooperation between the two countries. The Forum was scheduled to coincide with the official visit to the United States by HRH Crown Prince Mohammed bin Salman. During…
Petronas, the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, have announced the formation of two joint ventures for the Refinery and Petrochemical Integrated Development (RAPID) project. The strategic alliance is a historic partnership between two of…
Exxon Mobil roared into Brazil’s prolific offshore oil fields again on the 29th March, clinching eight blocks in partnership with other oil firms eager to lap up the country’s choice reserves ahead of presidential elections later this year. Exxon along with Petrobras and Qatar…
The Nordex Group has been awarded another contract for a wind farm in France. The contract provides for the delivery of nine N117/2400 turbines for a 21.6-MW project. With its low noise emissions, this is one of Nordex’s best-selling wind turbines. Also for…
Total field expenditures in the North Sea could amount to US$378 billion (£268 billion) over the next three decades, according to Alex Kemp, professor of petroleum economics and director of Aberdeen centre for research in energy economics and finance at the University of Aberdeen. …
ADNOC has awarded two contracts to South Korea’s Samsung Engineering with a total value of US$3.5 billion, which will allow an ADNOC-owned refinery to process crude oil from the Upper Zakum offshore oil field. ADNOC said that the contracts were signed between its subsidiary…
TAG Oil, reports that the Pukatea-1 well was completed at the Mt Messenger formation, where 12.9 metres of oil-and-gas bearing sands were perforated. Following perforation, a flow test was completed during which the well flowed naturally at a rate of up to 600 b/d…
Apache Corporation has discovered oil at the Garten prospect in block 9/18a Area-W in the UK North Sea. Garten is six kilometres (four miles) south of the Beryl Alpha platform. The Garten discovery well targeted a downthrown structural closure and encountered more than…
The technology group Wärtsilä has announced that it has delivered the world’s largest solar hybrid power plant. Wärtsilä will provide a reliable and sustainable supply of round-the-clock energy which is essential in operating the off-grid gold mine and demonstrate the enormous potential of integrating…
