IGas Energy has announced plans to drill up to two conventional exploration/appraisal wells on PEDL 235, in the Weald Basin, which IGas owns 100%. The initial well will explore and evaluate the resource potential of both the Portland Sandstones and the Kimmeridge Micrites. …
They may still be six months away, but new rules on marine fuels are already sending shock-waves through the little-known world of refinery feedstocks. The price of these low-sulphur, heavier oils — which refineries make and then reprocess into transport fuels like gasoline and…
Cuadrilla Resources Ltd is looking at ways to produce hydrogen from its stalled shale gas exploration site in north-west England to benefit from UK policy pushing the green fuel. The firm said it will study how hydrogen can be produced from its wells to…
Norwegian offshore oil and gas firm Equinor had said it has made a profitable oil discovery in Oseberg area in the North Sea. “The well was drilled by the Askepott rig and the discovery will soon be put on stream via the new, unmanned…
A combine of Eni and Vitol has been awarded rights to Block WB03 in the Tano basin offshore Ghana. The block, in medium deep water, was offered in Ghana’s first international competitive bid round covering areas in 100-4,400 metres of water. Eni said…
The Nord Stream 2 consortium has withdrawn its application for a route for the Nord Stream 2 gas pipeline system through Danish territorial waters south of Bornholm (a Danish island in the Baltic Sea off the south coast of Sweden). Last week it sent a…
DP World Plc revealed on the 1st July that it has acquired 100 percent of Topaz Energy and Marine Limited for US$1.079 billion. The company purchased Topaz from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital. “We are pleased to announce the…
Norwegian oil and gas company Aker BP has carried out the first stage of the hook-up of the Valhall Flank West platform in the North Sea. Aker BP said on the 2nd July that the hook-up operation was the first one it completed using…
BP and Kosmos Energy have discovered more gas in the Greater Tortue development area, offshore Senegal. The Ensco DS-12 drilled the Greater Tortue Ahmeyim-1 well (GTA-1) in 2,500 metres (8,202 feet) of water on the eastern anticline within the unit development area, ten kilometres…
The Nordex Group is further enlarging its footprint in Croatia. The state-owned energy supplier Hrvatska elektroprivreda (HEP Group) has now placed an order with the manufacturer for the supply of 18 N131/3600 turbines for the “Korlat” wind farm. The Nordex Group is also responsible…
