Valeura Energy, the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey in partnership with Equinor, has announced the start of reservoir stimulation and testing operations on the Inanli-1 appraisal well. As of the…
President Donald Trump has imposed sanctions on Iran’s supreme leader, Ayatollah Ali Khamenei, and eight senior military commanders, a provocative step designed to increase pressure on the Islamic Republic. Mr Trump told reporters at the White House on the 24th June that the penalties…
Oil major ExxonMobil is reportedly looking to sell all off its assets in Norway. The move has the potential to be Norway’s biggest sale since 2006, according to energy intelligence group Wood Mackenzie. Reuters reported on the 22nd June that ExxonMobil was considering selling…
Production efficiency on fields in UK waters rose to 75% last year, according to the Oil and Gas Authority (OGA). This represented 11 MMboe added production for 2018, or 30,000 boe/d higher than in 2017 (a 1% improvement). Actual wellhead production was 3%…
The technology group Wärtsilä has commissioned its 6 MW / 6 MWh energy management and storage system project for its customer ContourGlobal Bonaire on the Caribbean island of Bonaire. With Phase One complete, the island no longer has to curtail wind resources. It has…
Total E&P Denmark has announced plans to restructure its Danish oil and gas business in Esbjerg. The reorganisation will provide a simpler and more focused structure that builds on the Total Group’s broad experience and expertise, and aims to improve its competitiveness in the…
Canada risks becoming a “banana republic” for its restrictive energy policy and failure to attract new investment into the sector, according to a Calgary money manager. “We have had basically signs on our energy industry that Canada is closed for business,” Geeta Sankappanavar, co-founder…
Shell’s Brent Bravo platform topside has arrived at Able UK’s Able Seaton Port following its removal from the UK North Sea with the giant Pioneering Spirit vessel last week. The Allseas-owned Pioneering Spirit vessel removed the 25,000 t Brent Bravo topsides on the 18th June….
TGS and PGS have committed to the Jeanne d’Arc High Density 3D (HD3D) multi-client survey offshore Newfoundland. The programme, which PGS’ Ramform Atlas has started, will cover around 5,000 square kilometres (1,930 square miles) over multiple exploration licenses, significant discovery licences, and parts of…
Qatar Petroleum (QP) has awarded OPC and its local partner CDC a five-year call off contract for the supply of subsurface engineers and geoscientists. The contract was awarded to the CDC-OPC Joint Venture following a competitive tender. The services to be provided are…
