Neptune Energy will participate in a pilot project to create the first offshore hydrogen plant in the Dutch North Sea. NexStep, the Dutch Association for Decommissioning and Re-Use, and TNO, the Dutch research organisation, commissioned the pilot. A megawatt electrolyser, housed within a…
Bürgerwindpark Reußenköge GmbH & Co KG has placed an order for 12 V112-3.45 MW turbines for the expansion of a citizen-owned wind park in Schleswig-Holstein. With this order, the wind park will have a total installed capacity of 210 MW with the possibility of…
Murphy Oil Corporation reported on the 10th July that it has completed the sale of its Malaysia portfolio to a unit of PTT Exploration and Production Public Company Ltd. (PTTEP). Murphy will receive approximately US$2.035 billion in proceeds from the transaction, and the company…
Chinese oil giant CNOOC and Sinopec have signed a cooperation agreement under which they will conduct studies related to joint exploration and facility sharing offshore China. CNOOC said in a statement on the 10th July that the cooperation framework agreement with Sinopec would cover…
Eyal Offer’s Singapore-based OG Oil & Gas (OGOG) has made a new bid to acquire all the 30% of New Zealand Oil & Gas (NZOG) shares which it does not already own. The two companies have entered a scheme implementation agreement under which OGOG…
Senior experts from the Dutch Ministry of Finance, PMV NV and Port of Amsterdam are set to present on the future investment opportunities and potential financing methods in the Benelux region on 20th-21st November 2019, in Amsterdam SMi’s longest-running and most successful finance conference, Benelux…
Construction is nearing completion of the 1,000-ton S1 platform topsides for the Salman oil field development in the Persian Gulf. According to news service Shana, the Khorramshahr Yard in Iran is also working on the A20 and A21 platforms for the Abouzar field….
Tlou Energy has announced that the Lesedi 4 production pod has successfully reached Critical Desorption Pressure (‘CDP’). CDP is the pressure that gas begins to come out of the coal after a careful dewatering process. Highlights The Lesedi 4 pod has reached CDP Short…
Saudi Aramco has awarded Saipem two new engineering and construction contracts worth more than US$3.5 billion, Saipem reported on the 9th July. Under the engineering, procurement, construction and installation (EPCI) projects, Saipem’s Onshore E&C division will develop the land facilities tied to Saudi Aramco’s…
Dutch heavy lifting and transportation company Mammoet and its UK rival ALE have revealed they have been in talks over a purchase agreement. In a statement on the 8th July, the two companies said that, if the talks are successful, Mammoet would acquire the…
