Political tension over energy and the environment escalated in Canada on the 19th July when officials of three provinces refused to endorse the federal government’s communique on the 2019 Energy and Mines Ministers’ Conference (EMMC). In a press statement, the energy ministers of Alberta,…
Repsol has permission from Norway’s Petroleum Safety Authority (PSA) to drill the Kathryn prospect on licence PL 910 in the northern North Sea. The semi-submersible Scarabeo 8 will start drilling well 9/2-12 in mid-August, six kilometres (3.7 miles) east of the Yme oilfield, which…
Melbana Energy continues to progress discussions with potential farminees to Block 9 with the objective of securing funding for a minimum two well drilling programme in 2020 to test the world class oil exploration potential of Block 9. To ensure there is sufficient time…
When Saudi Arabia announced plans to sell shares in its crown jewel Aramco, international bankers scrambled to get a piece of the action. Three years on, they are questioning whether what could be the world’s biggest IPO is worth their time and effort. …
The country’s ministry of energy has this week shared that twelve blocks received bids out of ten which had been offered. The international companies who took part were Cairn, Soco, and Energean, with the Israeli firm being Ratio and Israel Opportunity. The Ministry…
Argentina-based YPF SA has let a contract to McDermott International Inc for pre-frontend engineering design services for a five million-tonne/year LNG liquefaction facility – with a potential expansion to ten million tpy – at Vaca Muerta shale field in Argentina. The scope of work…
The offshore industry has turned a corner and can reach a potential project commitment total of US$123 billion in 2019, exceeding commitments in 2014 of $78 billion, according to Rystad Energy. Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven…
Petro Matad, the AIM quoted Mongolian oil explorer, has spudded the Heron-1 exploration well in the Tamsag Basin of Block XX. The well is an appraisal of the T19-46 oil field immediately to the north in Block XIX and is being drilled with the…
The recently expanded Tilbury LNG terminal in Delta, BC, has won its first export contract, facility owner FortisBC reported on the 16th July. FortisBC stated that it will produce LNG for Top Speed Energy Corporation to export to China under a two-year term supply…
Approximately 12.000 litres of oil (75.48 barrels) is estimated to have been spilled this week from the Hibernia oil platform offshore Newfoundland. The oil and gas safety body C-NLOPB said on the 18th July that it had been notified by the Hibernia Management and…
