The Nordex Group continues to benefit from its broad global market position. In addition to the recently reported projects from Spain and Scotland, the manufacturer has secured further projects in Europe for more than 195 MW in recent weeks. Twelve different customers –…
Cooper Energy as operator of VIC/P44 (Cooper Energy 50% interest holder, Mitsui E & P Australia 50% interest) has announced that the exploration well Annie-1 has made a new gas field discovery in the Otway Basin offshore Victoria. The well reached total depth (TD)…
The proposed merger between offshore accommodation firms Prosafe and Floatel has suffered a setback in the UK, as the UK competition authority has found the merger would raise competition concerns in the supply of offshore accommodation. As previously reported, the proposed merger, if realised,…
Total SA has suspended its planned US$3.5 billion crude export pipeline from Uganda to Tanzania after the collapse of a deal to buy a stake in Tullow Oil Plc’s oil fields in Uganda. The French oil major has terminated all activities related to the…
Argentina’s state-run oil company, YPF SA, is pushing ahead with plans to build a US$5 billion natural gas export terminal despite the political and financial chaos racking the nation. The driller, which has led development of the nation’s Vaca Muerta shale trove, is in…
Schlumberger has introduced the TerraSphere high-definition dual-imaging-while-drilling service at SPE Offshore Europe. The new service is said to provide the industry’s first application of a logging-while-drilling dual-physics imager for all oil-based mud systems. It incorporates electromagnetic and ultrasonic measurements which enable multiple high-resolution…
Total, Novatek and the other project shareholders have approved the final investment decision (FID) for Arctic LNG 2, a major liquefied natural gas development located on the Gydan peninsula, Russia. The project will have a production capacity of 19.8 million tons per year (Mt/y)…
The UK offshore scene is poised for a timely comeback. That is according to independent energy research and business intelligence company Rystad Energy, which made the statement in a post on its website on the 3rd September. In the post, Rystad revealed that…
Norway’s Equinor and its partners started production from the Snefrid Nord gas field, the first discovery tied back to the Norwegian Sea Aasta Hansteen field, on the 1st September. Aasta Hansteen was developed using the world’s largest and Norway’s first spar platform. The…
Nord Stream 2 (NS2) has been subject to a vigorous debate and much disagreement on whether it provides an opportunity for diversification of gas supply to the European Union or facilitates Russian dominance. But some go even further, suggesting that NS2 could become excuse…
