Vestas has received a 29 MW repowering order from the Danish utility company NRGi Renewables A/S for the Tagmark wind park in Thisted Municipality in north-western Jutland. The repowering project is derived from Denmark’s first energy-neutral auction held in November 2018. The site…
On the heels of a year when the oil and gas industry saw oil hit a four-year, recruiters said they planned to recruit more and Qatar surprised everybody by leaving OPEC, many are optimistic about the future. Leaders from Ernst & Young LLP weighed…
Rosetti Marino has decided not to go ahead with its planned acquisition of the Heerema Fabrication Group (HFG) yard in Zwijndrecht, despite signing a letter of intent last month. The company took the decision in light of recent adverse market conditions and the uncertainty…
Faroe Petroleum has failed to find hydrocarbons at its Brasse East exploration well in the North Sea, off Norway, while the Brasse appraisal side-track well encountered hydrocarbons. On the 2nd January Faroe said the Brasse East exploration well 31/7-3 S had targeted a separate…
AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following corporate update. Sea Lion Phase 1, North Falkland Basin (RKH 40% working interest) Good progress continues to be made…
Total and its partners have started production from Egina oil field, which lies in 1,600 m of water 150 kilometres offshore Nigeria. The field, at plateau, will produce 200,000 b/d of oil, which represents about 10% of Nigeria’s production. The field is being developed…
Ophir Energy is in talks to sell the company to Indonesia’s Medco, a leading Southeast Asian energy and natural resources company listed on the Jakarta Stock Exchange. “Further to the share price movement in Ophir, the Boards of Ophir and Medco confirm they are…
The WTI and Brent crude oil benchmarks posted gains on the final trading day of 2018. The West Texas Intermediate (WTI) and Brent crude oil benchmarks posted gains on the final trading day of 2018, but they’re down by double-digit percentages for the year….
Eni UK Limited has begun drilling the Rowallan exploration well in the Central North Sea, partner Serica Energy plc announced on the 31st December. The Rowallan exploration well 22/19c-G targets the high-pressure, high-temperature gas condensate Rowallan prospect in the east of Block 22/19c. …
Victoria Oil & Gas has announced that its wholly owned subsidiary Gaz du Cameroun (‘GDC’) has received the Decree signed by President Paul Biya on the 17th December 2018, authorising the transfer of interest in the Matanda Production Sharing Agreement (‘Matanda PSC’) licence assigned from…
