JV partner Concedo has reported that the Goddo well (16/5-8 S) in licence PL 815 is expected to be spudded shortly by operator Equinor. A contingent horizontal side-track (16/5-8 A) will be drilled back to back with the main bore pending the contingencies. …
Libya’s most powerful military leader said the state oil company in Tripoli has the sole right to sell the nation’s crude, a statement which might ultimately help stabilise production which has swung wildly for almost a decade because of ongoing conflict. The National Oil…
Ireland’s offshore oil and gas association has welcomed the government decision last week to block a bill which would ban the issuing of further licences for oil and gas exploration and production. Had it been passed into law, the Climate Emergency Bill proposed by…
A senior oil executive has predicted that Iraq could surpass Saudi Arabia as an oil producer. Addressing delegates at CWC‘s Iraq Petroleum conference in London, Majid Jafar, CEO of Sharjah-based Crescent Petroleum, said: “Iraq is hugely underexplored. We at Crescent know of 300 structures…
Volkswagen Group is making a further contribution to future climate protection. To this end, the company is also pressing ahead with the decarbonisation of energy production. VW Kraftwerk GmbH is installing four wind turbines at the MAN Truck & Bus SE site in Salzgitter….
JV partner Eco (Atlantic) Oil & Gas has announced that operator Tullow Oil has commenced drilling operations offshore Guyana with the spudding of the first exploration well on its Jethro-Lobe prospect on the Orinduik Block. Jethro-Lobe was spud at 22:45hrs (Local Guyana time) on Thursday…
Sparrows Group, the provider of specialist equipment and integrated engineering services, has been awarded its first contract for the provision of rigging loft maintenance services in Qatar. Sparrows said on the 4th July that the four-year contract includes the provision of services for the…
On the 3rd July Okra Energy, LLC reported the small-scale natural gas liquefaction facility in Peru which applies the company’s technology has achieved a liquefied natural gas (LNG) production milestone. The modular and scalable LNG plant in Colan, Piura province – Peru’s first such…
British special forces have seized a supertanker off Gibraltar suspected of carrying Iranian oil to Syria in violation of European and US sanctions against the war-torn country. Grace 1, which can hold two million barrels of crude, is now anchored near Gibraltar, a British…
Power Unit Number Two of the Grozny Thermal Power Plant (TPP) was brought into operation during the annual General Shareholders Meeting of Gazprom. The power unit is the final facility in the Gazprom Group’s ambitious programme for the creation of new capacities under its…
