Equinor and Aker BP dominated awards by Norway’s Ministry of Petroleum as part of the Award in Predefined Areas (APA) for 2018 held on the 15th January. Thirty-three companies were offered ownership interests in 83 production licences on the Norwegian Continental Shelf – the…
Leveraging its high tower solution, Vestas has secured a 101 MW order in China for 46 V120-2.2 MW turbines which will all feature the country’s tallest towers with a hub height of 152 metres. The project’s customised tower solution takes the 2 MW platform…
Eni SpA has signed with the Ministry of Oil & Gas and with BP a Head of Agreement (HoA) for the acquisition of the exploration and production rights of Block 77 onshore, Eni announced on the 14th January. Per the agreement, Eni and BP…
SDX Energy says the SRM-3 appraisal well on the South Ramadan concession in the Gulf of Suez offshore Egypt has found oil. Operator Pico (SDX has a 12.75% interest) reported encountering 75 feet (23 metres) of net conventional oil pay in the main Matulla…
Norway has given permission to Equinor and its partners Shell and Total to develop CO₂ storage on the Norwegian Continental Shelf. The government said on the 11th January that it had granted the company an exploitation permit, with the allocated area for storage of…
Abu Dhabi National Oil Company (ADNOC) has awarded two offshore blocks to a consortium led by Italy’s Eni SPA and Thailand’s PTT Exploration & Production PCL following a competitive bid round. The two blocks in the northwest of Abu Dhabi – Offshore 1 and…
The Liquefied Natural Gas production capacity in Sub-Saharan Africa (SSA) is expected to be more than double over a ten- year forecast period, according to a Fitch Report recently released. The main drivers of the LNG demand growth are set to be Asian emerging…
Mitsubishi Shipbuilding Company, Ltd, a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, has held a christening ceremony for a next-generation LNG carrier under construction for Trans Pacific Shipping 5 Ltd, a joint venture of Jera Company Ltd Inc (JERA) and Mitsui…
Europa Oil & Gas, the AIM quoted UK and Ireland-focussed oil and gas exploration and production company, has provided its investors with the following update on its portfolio of multistage licences offshore Ireland and onshore UK. “Dear Investor, Happy New Year. This is a…
Premier Oil says the first appraisal well in Zama field on Mexico’s offshore Block 7 encountered the main Zama reservoir. Separately in Mexico, Premier Oil plans a 3D seismic survey across offshore Block 30 starting in the second quarter. Operator Talos Energy LLC…
