Telenor Maritime has an agreement with Vår Energi to equip the Goliat field production facilities in the Barents Sea with 2G and 4G networks. Asbjørn Skoge, Vår’s Barents Sea asset manager, said the arrangement would enhance network reliability on the field, with other offshore…
French electric utility Engie has completed and begun production from one of South Africa’s largest renewable energy projects, the 100MW Kathu Solar Park, a concentrated solar plant (CSP) with storage located in the Northern Cape province. The Kathu Solar Park consists of parabolic trough…
Block Energy, the exploration and production company focused on the Republic of Georgia, has reported an increase in production rate at its 100%-held Norio field, where the company is implementing a multi-well workover programme. The oil production rate at Norio 44 has increased significantly…
Soco International, a London-listed oil and gas exploration and production company, has decided not to make an offer for Ophir Energy after its original all-share proposal was rejected in January. Soco said on the 6th March that it tabled a formal proposal to Ophir’s…
Despite sitting on top of the world’s largest crude reserves, the reach of Venezuela’s state-owned oil company is receding. In the 1980s Petroleos de Venezuela SA started an international expansion with the objective of finding new outlets for its growing oil production. The…
Upgrades to Equinor’s Njord A semi-submersible production platform are progressing to plan, according to contractor Kvaerner. This is part of a programme to extend the life of facilities in the Njord field area of the Norwegian Sea. The drilling derrick and compensator module…
Aker Energy has reported an oil discovery with its Pecan South-1A well on the Deep-water Tano Cape Three Points (DWT-CTP) block offshore Ghana. The Maersk Viking drillship will drill a side-track appraisal well, said block operator Aker Energy. The Pecan South-1A is south…
The Victorian government has announced changes to the state’s planning rules to smooth the way for booming large-scale solar and wind energy development, at it works its way to a target of 50 per cent renewables by 2030. Minister for Planning Richard Wynne said…
Victoria Oil & Gas, the integrated natural gas producing utility company in Cameroon, has announced a £12.6 million (US$16.5 million) equity fundraise. Highlights Binding conditional direct share subscription by YF Finance Limited to raise £6.5 million Proposed Placing to raise up to £6.1 million…
UK-based independent oil and gas company RockRose Energy has made a formal approach to the board of directors of compatriot Independent Oil and Gas (IOG) with a proposal for an all cash takeover offer for IOG, but IOG has rejected the offer. RockRose made…
