Total and its partners have taken the final investment decision (FID) to launch the Zinia 2 deep offshore development in Block 17, 150 kilometres offshore Angola. The Zinia 2 project will have a production capacity of 40,000 barrels per day (b/d), sustaining Pazflor field…
The value of exploration and production activity across the UK Continental Shelf (UKCS) continues to rise with firms also now equally optimistic about the North Sea and international markets for the first time since 2013 according to an industry report released on the 24th May….
Shell has made a large oil discovery with its Dover exploration well in the Norphlet geologic play in the deep-water US Gulf of Mexico. The Dover discovery, drilled by the Transocean Deepwater Poseidon ultra-deep water drillship, is Shell’s sixth in the Norphlet and encountered…
The report, now available on ASDReports, recognises the following companies as the key players in the global wind power systems market: General Electric, Nexans, Prysmian Group, Siemens Gamesa Renewable Energy, Vestas, and Xinjiang Goldwind Science & Technology. Commenting on the report, an analyst said:…
The world is a big place, but it has become smaller with the advent of technologies which put people from across the globe in the palm of one’s hand. And as the world has shrunk, it has also demanded that things happen ever faster –…
RockRose Energy has announced that it has signed a sale and purchase agreement to acquire the entire issued and to be issued share capital of Dyas BV, which owns the non-operated, Netherlands gas and condensate producing assets of the Dyas group of companies, for a…
Compagnie Maritime Monégasque (CMM) and Damen Shipyards Group have teamed up to offer what they say is a fast, safe and reliable Fast Marine Access crew change solution for the Brazilian market. The solution entails transferring personnel between shore and “the ever more distant”…
Dutch dredging and offshore services specialist Van Oord has taken delivery of a new subsea rock installation vessel ‘Bravenes’. The vessel, designed by Design & Solutions BV, was christened by Yvon van Oord-Barbier on the 22nd May in Rotterdam. Subsea Rock Installation vessels…
This Web Alert provides the club’s members with a brief update on most recent United States (US) sanctions imposed against Venezuela: President Trump issues new Executive Order On the 21st May 2108, President Trump issued an Executive Order imposing further economic sanctions by US against…
Bashneft, a subsidiary of Russia’s Rosneft, has found oil at its Salman-1 exploratory well at Block 12 in Iraq. In a statement, the company said that an exploration well was successfully drilled to depth 4,277 metres; oil was found, “which gives grounds for expecting…
