ConocoPhillips Australia has awarded three major engineering contracts for the front-end engineering design (FEED) phase of the Barossa offshore project. Barossa is a gas and light condensate project which proposes to provide a new source of gas to the existing Darwin LNG (DLNG) facility,…
Wind power is highly competitive in Finland without subsidies. In the coming years, significant amounts of market-based wind power will be built in Finland, which will change the Finnish electricity system. Wärtsilä Energy Solutions has modelled the Finnish electricity system and calculated capacity, electricity…
Minnesota regulators will open two days of final arguments on whether they should approve Enbridge Energy’s proposal for replacing its deteriorating Line 3 crude oil pipeline from Canada across Minnesota. The proposal has aroused intense opposition from tribal and climate change activists. The Public…
Repsol and partner Woodside have discovered oil in the Ivela-1 exploration well in the Luna Muetse (E13) block offshore Gabon, according to Spectrum Geo. The well intersected a 78-metre (256-foot) gross oil column, a month after a Petronas discovery in presalt sands in the…
The 335,000-barrel-per-day Isla refinery operated by Venezuela’s state-run PDVSA in Curaçao is working at minimum capacity while awaiting new crude shipments and as a tanker backlog in the country’s ports began to ease, four sources close to the facility said on the 18th June. …
Baytex Energy Corporation has agreed to buy rival western Canadian oil producer Raging River Exploration Inc, in a deal valued at C$1.6 billion (US$1.2 billion) which includes about 260,000 acres in the emerging East Duvernay Shale basin. Under the pact, holders of common shares…
Hague and London Oil (HALO), the oil and gas company with a diverse portfolio of production, development, appraisal and exploration assets primarily focused in the Southern North Sea, has announced an operational update and the posting of its annual report for the year ended 31…
An affiliate of privately held Cox Oil LLC, Dallas, has agreed to acquire Energy XXI Gulf Coast Inc (EGC), Houston, in a deal worth US$322 million. The deal expands Cox’s presence in the Gulf of Mexico. Cox holds assets in both the Outer…
Fluence Corporation Limited has announced that it has received a €3.9 million contract for a wastewater treatment and waste-to-energy system for its customer ArcelorMittal. Fluence will design and build these systems for ArcelorMittal’s steel mill in Ghent, Belgium, using innovative anaerobic digestion technology to…
Trac Oil & Gas and ToolTec have completed the first four phases of a project to develop a subsea cleaning and inspection tool (Trac-Tec Tool), co-funded by the Oil & Gas Technology Centre and three major North Sea operators. The goal is to develop…
