Eco (Atlantic) Oil & Gas has provided an operational update following its two recent oil discoveries on the Orinduik Block, offshore Guyana. Multiple prospects currently being reviewed with further high graded candidates under consideration for a 2020 drilling programme Operator is preparing a…
Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America. China’s Unipec, at least one of the nation’s independent refiners and South Korea’s Hyundai Oilbank Company have bought Johan Sverdrup for December delivery,…
Houston-based oilfield services company Deep Down has received orders for custom offshore equipment and services exceeding US$2 million from different customers, within one week. Deep Down said on the 24th October that the orders were for flying leads, riser isolation valve controls, and other…
Following its recent two oil discoveries, Tullow Oil and its partners in the Orinduik block located offshore Guyana are reviewing multiple prospects on the block and working to approve the budget for the 2020 drilling campaign. Tullow is the operator of the Orinduik block…
Aker Solutions is looking for renewable and low carbon solutions to provide around half its revenue by 2030. Although the oil and gas industry will likely remain the biggest market, the company is aiming for a more balanced portfolio of products and technologies, in…
Melbana Energy has provided an update regarding its Block 9 Production Sharing Contract (Block 9 PSC) in Cuba: As advised in its announcement of 3 October 2019, Melbana had been informed that all the amendments it had requested to its Block 9 PSC with…
Lloyd’s heavyweights lead 2020 pre-emption approvals With the 2020 syndicate business approval process well underway, Lloyd’s blue-chip carriers Beazley, Hiscox and Tokio Marine Kiln head the list of syndicates with third-party capital that have received approval to expand significantly next year. Chinese companies eye…
The busiest US fuel pipeline might expand jet fuel deliveries to respond to growing demand in the home of country music. Shippers on Colonial Pipeline Company, which carries as much as 1.37 million barrels a day of fuel from the Houston area to North…
Recently established North Sea-focused oil and gas company Waldorf Production has agreed to buy Endeavour Energy UK. In a statement on the 22nd October, Waldorf Production said the acquisition marked the company’s entry into the UK North Sea, “firmly establishing the company as a…
JinkoSolar Holding Company Ltd, one of the largest and most innovative solar module manufacturers in the world, has announced that it has supplied 13.6 MW of PV solar modules to Photon Energy Solutions HU Kft (“Photon Energy”) for installation in three projects composed of 19…
