Equinor has signed a memorandum of understanding with Korea National Oil Corporation (KNOC) to jointly evaluate floating offshore wind in South Korea. “We plan to focus actively on progress and de-risking studies including feasibility studies,” said Jae-Heon Shim, senior vice president at KNOC. …
Dutch privately-held exploration and production operator Tulip Oil has started gas production from its Q10 offshore gas development in the Dutch North Sea. According to the company’s statement, the initial gas production from the well QA-01 started on Friday, the 15th February, to be…
Qatari national oil and gas company Qatar Petroleum has signed agreements with oilfield services majors Schlumberger and Baker Hughes which will see the two companies strengthen their presence in the country. Qatar Petroleum said on the 18th February that the memorandum of understanding signed with…
On the 17th February, the Kurdish Regional Government (KRG) reportedly suspended oil exports to Iran. According to Anadolu Agency, the KRG’s Ministry of Finance and Economy did not specify a reason for the move, and “it remains unclear whether the suspension is linked to…
On the 7th February, Excelerate Energy LP and Equinor Energy AS completed the first-ever ship-to-ship (STS) transfer of LNG in the Bahamas. Using Excelerate’s FSRU Exemplar and Equinor’s LNG carrier Arctic Voyager, a full LNG cargo was transferred using the double-banked LNG transfer system…
Although the precise outlook is uncertain, the world looks set to consume significant amounts of oil for several decades. That is according to BP’s latest Energy Outlook, launched in London on the 14th February, which considers a range of scenarios. All the scenarios…
Dutch offshore vessel operator Sea Mar Shipping has won a long-term charter deal with Neptune Energy Netherlands for its Sea Mar Splendid vessel. Neptune has hired the vessel on a three-year contract, with two one-year options to extend the charter further. The financial details have not been…
Croatia has opened a licensing round for oil and gas exploration in its central and southern regions with the bid deadline being the 10th September. Licences are tentatively scheduled to be announced in December, a spokesman with the Croatia Hydrocarbon Agency (CHA) said. …
Chevron USA Inc has announced the signing of a sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas to South Korea from Chevron’s global supply portfolio. As a joint venture between Chevron and GS Energy, GS Caltex has…
IGas reports that “preliminary tests on shale samples from within the Millstone Grit Group at Tinker Lane are encouraging for the potential gas resources in the Gainsborough Trough basin. The analysis of these samples is still subject to further testing and validation. As previously…
