Al Dhafra Petroleum, a joint venture operating company of Abu Dhabi National Oil Company, plans to start producing 20,000 b/d of oil by mid-2019 at Haliba field on Abu Dhabi’s south-east border. Production is to rise to 40,000 b/d by 2020, ADNOC said in a…
BP announced on the 12th February that it has started gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below the initial cost…
On the 11th February, Cyprus accused the Turkish military of obstructing a ship contracted by Italian oil company Eni from approaching an area to explore for natural gas, highlighting tensions over offshore resources in the east Mediterranean. A spokesman for Eni said the Saipem…
Canada proposes to overhaul its vetting and regulation of energy projects and give new prominence to environmental review. The Liberal government has proposed legislation that would replace and realign functions of the National Energy Board (NEB) and Canadian Environmental Assessment Agency. The new…
Total US energy production will increase by 31% from 2017 through 2050 in the reference case, led by increases in the production of renewables other than hydropower, natural gas, and crude oil, the US Energy Information Administration’s latest annual energy outlook has suggested. The…
Berkshire Hathaway gets Dubai licence Berkshire Hathaway Specialty Insurance Company (BHSI) has opened a new office in the Dubai International Financial Centre (DIFC), while naming Alessandro Cerase as its senior executive officer (SEO) and Neeraj Yadvendu as deputy SEO and head of third party lines…
XL Catlin appoints MacColl as global hull leader XL Catlin has promoted Mike MacColl to the position of global practice leader for hull. Mr MacColl previously served as the carrier’s head of hull for the UK. He succeeds Mike Talbot, who is retiring after…
Welcoming EY’s UK oil field services report, which shows the sector gearing up for growth but still dependent on industry maintaining its focus on achieving further recovery in 2018, Oil & Gas UK’s chief executive Deirdre Michie, said: “Companies in the oil field services…
Total-led international consortium (Total 40%, ENI 40%, Novatek 20%) have signed two Exploration and Production Agreements (EPA) with the Republic of Lebanon, covering Blocks 4 and 9, located in the deep waters offshore Lebanon. The agreements are the result of the first International Competitive…
Russia’s oldest natural gas buyer is ready to break up after more than 74 years. Poland, which relies on Kremlin-controlled Gazprom PJSC for about two-thirds of its gas, says diversification trumps potential price cuts it could leverage from building an import link to access Norwegian fuel. That comes…
