Esso Exploration & Production Guyana Ltd has let a contract to TechnipFMC for the engineering of the subsea system for the proposed Liza Phase 2 project on the Stabroek block offshore Guyana. Following engineering and subject to requisite government approvals, project sanction, and an…
AXA XL gains approval to move EU unit from the UK to Dublin Re/insurer AXA XL has received authorisation from the Central Bank of Ireland (CBI) to move its principal EU insurance company, XL Insurance Company (XLICSE), from the UK to Dublin in response to…
Jacobs Engineering Group Inc has announced that it has entered into a definitive agreement to sell its Energy, Chemicals and Resources (ECR) segment to WorleyParsons Limited for US$3.3 billion. The Jacobs board of directors and the WorleyParsons board of directors have each approved the…
As the sun reaches its crest over Oman’s sandy landscape, temperatures soar past the point at which it can melt a road. The searing heat triggers sensors which roughnecks extracting natural gas from a BP well are wearing across their chests. Faster than a drop…
Oil and gas company FAR Limited has started drilling the Samo-1 exploration well in block A2, offshore The Gambia. The Stena Drilling-owned drillship Stena Drillmax arrived on site on the 21st October and after standard pre-drill operations, the well was successfully spudded, FAR said…
Canadian Solar Inc one of the world’s largest solar power companies and Biosar Australia, a leading solar EPC provider, have announced they will jointly provide Engineering, Procurement and Construction (“EPC”) services to a 256 MWp solar power project in Australia for Total Eren, a leading…
The government of the Isle of Man has appointed local E&P company Crogga to appraise and produce gas resources in waters offshore Maughold Head on the island’s east coast. Crogga will reportedly operate a 266-square kilometre (103-square mile) licence in block 112/25 over an…
London-listed oil company Premier Oil has firmed up its previously announced intention to order subsea production systems for its Sea Lion development in the Falkland Islands from Dril-Quip. The company has entered into a Front End Engineering and Design (FEED) contract and frame agreement…
London-listed Ophir Energy has begun operations on the Paus Biru-1 exploration well in the Sampang PSC offshore Indonesia. The Sampang PSC is operated by Ophir Energy’s subsidiary Santos Sampang Pty Ltd with a 45% interest. The partners are Singapore Petroleum Sampang Ltd with 40%…
Russia has begun discussions with Exxon Mobil Corporation on possible new oil and gas projects, potentially creating a dilemma as the US government mulls more sanctions against the country. The talks could lead to increased cooperation between the US energy giant and state-run Rosneft…
