Chrysaor E&P Ltd has agreed to purchase the United Kingdom oil and gas business of ConocoPhillips for US$2.675 billion, increasing Chrysaor’s pro forma 2018 production to 177,000 boe/d to become one of the largest oil and gas producers in the UK North Sea. The…
Vattenfall has selected Seaway 7 as one of its partners for the Hollandse Kust Zuid (HKZ) 1 & 2 wind farm offshore the Netherlands. Seaway 7’s envisaged scope of work includes the transport and installation of 76 monopile foundations and the laying of the…
The US is ending waivers which let countries buy Iranian crude without running afoul of sanctions, threatening to squeeze oil supplies in an already tight market. The decision may also jeopardise the deal which OPEC and allied suppliers including Russia reached to limit output…
Natural gas giant Qatar Petroleum has issued an ‘invitation to tender’ for the reservation of ship construction capacity required for the LNG carrier fleet for its North Field Expansion (NFE) Project offshore Qatar. The project will increase Qatar’s LNG production capacity from 77 million…
GAC New Energy Automobile Company Ltd, China’s fast growing electric car manufacturer, has unveiled the Aion LX, its new flagship model in the Aion range. The electric vehicle (EV) has a range of over 600 kilometres (373 miles) under New European Driving Cycle (NEDC)…
Mari Petroleum Company Limited (MPCL), along with its joint-venture partner Pakistan Petroleum Limited (PPL), has found oil reserves at Dharian-l ST-3 well located near Gujar Khan, Rawalpindi district in Punjab. According to a bourse filing on the 19th April, the well was drilled in…
Block Energy, the exploration and production company focused on the Republic of Georgia, has announced that well 16aZ at its West Rustavi field continues to produce, as the limits of crude oil storage allow, at rates consistent with the average test flow rate of 1,100…
GE Renewable Energy announced on the 17th April that it has signed a Memorandum of Understanding with Eolien Maritime France (EMF) confirming its commitment to provide and service Haliade 150-6MW turbines to the first French EMF offshore wind farm to be cleared of any legal…
Alberta returned to its conservative roots, electing United Conservative Party Leader Jason Kenney premier after he vowed to fight harder for the Canadian province’s beleaguered energy industry. Mr Kenney defeated centre-left incumbent Rachel Notley, 55, whose New Democratic Party snapped four decades of conservative…
BHP, formerly known as BHP Billiton, has encountered hydrocarbons in its Bélé-1 exploration well located offshore Trinidad & Tobago. The Bélé-1 exploration well is located in Block 23(a), where BHP is the operator with a 70% interest. Water depth at the site is 2,102…
