Africa is entering the oil-hunt spotlight as drillers, flush with cash after crude’s recovery, are turning their attention back to the continent’s potentially vast resources. The world’s biggest companies from Exxon Mobil to Royal Dutch Shell and BP are setting up camp across Africa….
Kuzey Pandi have reported new Turkish Straits Maritime Traffic Regulations. Amongst other regulations, these provide new powers for Harbour Masters to intervene directly in salvage operations; vessels are not permitted to get closer than 100 metres to bridge piers/legs in the Straits; overtaking is subject…
Eni has marked the beginning of construction of the hull for Coral South floating LNG (FLNG) unit for a project located offshore Mozambique. At the presence of Mozambique’s Minister of Mineral Resources and Energy, Ernesto Max Tonela, Eni and its Area 4 partners held on the…
Sapura Upstream has signed three farm-in agreements for offshore exploration permits held by private Australian oil and gas company, Finder Exploration. Under the agreements, Sapura Upstream will acquire a 70% interest in the three exploration permits, and assume operatorship of the exploration, Sapura Energy…
At IAA (Internationale Automobil-Ausstellung – German automobile show), Scania premiers its new Scania Interlink Medium Decker coach for liquefied gas operations for a range of up to 1,000 kilometres. Scania hereby extends the broad range of alternative fuel options to sustainable intercity coach journeys….
Equinor has brought on-stream the Visund Nord IOR (improved oil recovery) project in the Norwegian North Sea, below budget and two months ahead of schedule. “It took 21 months from the time the license partners chose the concept until production started. This is a…
On the 5th September Allseas-owned offshore pipelay vessel Solitaire started the pipelay for the Nord Stream 2 natural gas pipeline in the Gulf of Finland. Nord Stream 2 AG, a Gazprom subsidiary, is the operator of the Nord Stream 2 project. The company completed the…
Tullow Oil plans to drill its first well in the much-watched Guyana offshore basin in the third quarter of next year in its Orinduik licence bordering discoveries by Exxon, a spokesman said on the 5th September. Exxon and US partner Hess Corporation have said…
Subsidy cuts are forcing developers to court corporate customers. European wind industry body WindEurope claims the region is on the verge of a corporate renewable energy power-purchase agreement (PPA) “revolution” as state subsidies tumble. A significant decline in in government-set feed-in tariffs is forcing…
The topsides for the C14 platform at the South Pars field has departed the SADRA shipyard, according to news service Shana. The platform, part of the Phase 14 development, is designed to produce 500 MMcf/d of sour gas from the reservoir. Installation is…
