Thirty companies, some of them in groups, have received offers for the award of 37 licences covering 141 blocks in the UK’s 31st offshore licensing round. The frontier areas are in the Faroe-Shetland basin, Moray Firth, East Irish Sea, East Shetland Platform, Mid North…
Exploration to date offshore southern Cyprus has proven around 11 tcf of recoverable gas, according to Wood Mackenzie. Whether the discoveries can be commercialised remains to be seen, said Robert Morris, senior analyst: Caspian and Europe Upstream Oil and Gas. Cyprus has no…
BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, a Dubai-based oil and gas company. Under the terms of the agreement, Dragon Oil will purchase producing and exploration concessions, including BP’s interest in the Gulf…
Ampelmann, the company providing offshore gangway solutions, has secured a contract with DeepOcean to support the hook-up and commissioning of Aker BP’s Valhall Flank West (VFW) project, marking Ampelmann’s debut in Norway. Walk to Work (W2W) has been chosen as the means of offshore…
Italian oil and gas company Eni has made the fifth oil discovery in one year in Block 15/06, in Angola’s deep offshore. The well has been drilled on the Agidigbo exploration prospect, and analysis of post drill results indicate between 300 and 400 million…
Toshiba Corporation will transfer its rights to process natural gas at the Freeport LNG project in Texas to France’s Total SA. Toshiba will pay Total US$815 million to hand over the 20-year liquefaction rights to the French major and expects to finalise the deal…
Marathon Oil Corporation has closed on the sale of its 15% participating interest in the Atrush block in Kurdistan, where first-quarter production averaged 2,400 net boe/d. The divestiture marks the company’s exit from the country. Abu Dhabi National Energy Company PJSC (TAQA) is…
Boskalis Subsea Services has won contracts with a total value of more than £100 million (US$126 million) in the North Sea over the past six months. These include work for Total’s Tyra redevelopment in the Danish sector, an inspection, repair and maintenance (IRM) campaign…
Canadian Solar Inc, one of the world’s largest solar power companies, has announced that the company has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high efficiency poly solar modules for projects in the US, Canada, and…
AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided an operational update in relation to its Egyptian portfolio, in which Rockhopper holds a 22 per cent working interest. Al Jahraa-11…
