Two new platforms are ready to start operations at Phase 13 of the South Pars gas field in the Persian Gulf, according to news service Shana. The location is in the north-western part of the field. Iranian contractors SADRA and Tesco delivered platforms…
China has announced it will form a national oil and pipeline company, the first public acknowledgment of the massive energy industry overhaul planned since at least 2014. The creation of the pipeline company was mentioned in the National Development & Reform Commission’s work report…
ExxonMobil plans to increase its Permian basin production to one million boe/d by as early as 2024, which would be an 80% increase of its current production in west Texas and south-eastern New Mexico. Other companies – including Chevron, BP, Royal Dutch Shell and…
Algeria is Africa’s leading natural gas producer and it possesses the third-largest oil reserves in the region, even with only one-third of the country adequately explored. Sonatrach, Algeria’s National Oil Company is the driving force behind Algeria becoming one of the most important countries…
Sparrows Group Cable and Pipe Lay Solutions (CPLS) division more than doubled its business during 2018 thanks to an upsurge in activity in the renewables market. This included the successful delivery of its largest renewables project to date as part of three contracts awarded…
The Dutch Public Prosecution Service announced on the 1st March that it would prosecute Royal Dutch Shell for an explosion in 2014 at its Moerdijk petrochemical plant and for the release of tonnes of carcinogenic ethylene oxide from the site in 2015 and 2016. …
French Total has signed definitive agreements with Novatek for the acquisition of a direct 10% interest in Arctic LNG 2, a major liquefied natural gas development led by Novatek on the Gydan Peninsula, Russia. The project will be developed using offshore platforms in northern West…
Seapulse has entered an alliance with London-based E&P independent EnQuest. The two parties will work together to ‘streamline’ the development process for discoveries, Seapulse said: the company’s declared strategy is to adopt a low-cost, high-impact portfolio approach to offshore exploration. Last year it…
Canada’s already beaten-down oil industry is facing a fresh setback as regulatory issues bog down another key pipeline project. The roughly one-year delay to Enbridge Inc’s expansion of its Line 3 conduit, announced last week, threatens to prolong a shortage of pipeline space that…
Energean Oil and Gas, the oil and gas producer focused on the Mediterranean, has commenced its 2019 drilling programme in Israel, which consists of three development wells and Karish North. Following this four-well campaign, Energean has a further six drilling options available in its…
