Adani Transmission Limited (“ATL”), Adani Electricity Mumbai Limited (“AEML”) and a subsidiary of Qatar Investment Authority (“QIA”) have signed definitive agreements for the sale of a 25.1% stake in AEML to QIA and for a shareholder subordinated debt investment by QIA in AEML (the “Transaction”)….
Zenith Energy has provided an update on the C-37 well in the Jafarli oil field. The Company can confirm that, in order to optimise future production from well C-37, it will install a custom-built bridge plug to isolate the Upper Cretaceous formation and enhance…
Stork, a unit of Fluor Corporation’s Diversified Services segment, has won a construction contract for a new liquid bulk storage terminal in the Netherlands, Fluor reported on the 11th December. Under the contract from HES Hartel Tank Terminal, Stork will act as lead piping,…
Ghanaian company Springfield and its partners, GNPC and GNPC EXPLORCO, have officially announced significant oil discovery following its maiden Afina-1 well drilling campaign in the West Cape Three Points (WCTP) Block 2, offshore Ghana. Offshore Energy Today reported in November that Springfield was set…
BP has contracted Aker Solutions to support development of the Cypre project offshore Trinidad and Tobago. Aker Solutions will provide front-end engineering and design (FEED) for the first platform in a potential new series across BP’s Trinidad and Tobago portfolio. The award follows…
Denmark is moving forward with plans to build an artificial island tying in power from offshore wind farms of up to ten gigawatts (GW) of capacity, more than enough to supply all households, as part of efforts to meet ambitious climate change targets. Denmark…
A report published by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that crude oil and refined products worth US$41.9 billion have been stolen in Nigeria since 2009. The report, titled ‘Stemming the increasing cost of oil theft in Nigeria’, urges the federal…
Equinor has started its third UK upstream development in 2019; Barnacle. The Barnacle project, which started production on the 6th December is estimated to have recoverable resources of around two million barrels of oil equivalent. Daily production at plateau is estimated at around 4,300…
Tullow Oil and its joint venture partners in the Orinduik Block located offshore Guyana have elected to enter the next exploration phase of the Orinduik Petroleum Agreement signed on the 14th January 2016, and have submitted their official notice to the Department of Energy of…
PGNiG has signed an agreement with ERU Management Services providing for joint gas exploration and production operations in the western part of Ukraine, close to the Polish border. ‘We are consistently pursuing our strategy to expand PGNiG’s foreign operations. The agreement we have signed…
