The first fully electric rubbish trucks to hit the streets in Australia have done so this week in Melbourne’s outer south-east council, the City of Casey. The 100% electric rubbish trucks, which have been developed by waste collection equipment maker SuperiorPak in collaboration with…
Large oil and gas companies are commanding a greater role in high-impact exploration, but a lack of depth in the quality of global drilling opportunities diminished their performance in 2018, Westwood Global Energy Group reported on the 24th May. “The competitive landscape is changing…
London-based private equity firm Blue Water Energy is buying Heerema Marine Contractors’ Pipeline Technique Limited, a provider of pipeline welding, field joint coating, and spoolbase services to the energy industry. PTL is headquartered in Huntly, UK with additional worksites in the USA, Middle East,…
Antonio Mexia, EDP CEO and Chairman of EDPR and Isabelle Kocher, ENGIE CEO, have announced the signing of a strategic Memorandum of Understanding (MoU), to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. The new entity will be the exclusive…
Unión Cuba-Petróleo (CUPET), in partnership with BGP, will be running a promotional event to include presentations and data viewing relating to the 2019 licensing round, alongside the EAGE conference, 3-6th June 2019. Twenty four (24) blocks offshore in the Cuban economic exclusive zone of the Gulf…
Zarubezhneft JSC, Moscow, has received a 30% participating interest in the production sharing agreement for Block 09-2/09 in the Cuu Long basin offshore Vietnam under one of several agreements signed during meetings among leaders of the Russian and Vietnamese governments. The interest was carved…
Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030. Ensuring affordable, reliable, sustainable and modern energy for all by 2030 remains possible but will require…
A little-known investor group is planning a major shakeup of the Eastern Mediterranean natural gas industry in a bid to unlock hundreds of billions of dollars of sales stymied by the political and industrial complexities of the region. Cynergy Group, an investment firm based…
Romanian oil and gas firm OMV Petrom has decided to decommission of the Gloria offshore platform in the Black Sea. The platform, which has reached the end of its economic lifetime limit after more than 40 years in service, will be removed by GSP…
The Appomattox field in the US Gulf of Mexico started production ahead of schedule in the deep-water Gulf of Mexico about 80 miles offshore Louisiana. Shell Offshore Inc operates the field in 7,200 feet of water. Shell holds 79% interest and CNOOC Petroleum Offshore…
