Abu Dhabi National Oil Company has issued details of five blocks offered under Abu Dhabi’s second licensing bid round. Three are offshore and two are onshore, and the blocks cover an area of about 34,000 square kilometres (13,127 square miles). The successful bidders…
Oil and gas companies DEA and Wintershall have completed the previously announced merger agreement, creating Wintershall Dea, a company deemed the largest independent exploration and production company in Europe. In a joint statement on the 1st May, BASF (parent company of Wintershall) and LetterOne…
Siemens Gamesa Renewable Energy has announced that it has signed a contract to supply and commission 43 SG 4.5-145 wind turbines, with flexible rating up to 4.8 MW, for a wind project in Canada with an undisclosed customer. The order is for a nominal capacity…
Pipelay vessel Solitaire has started laying the first line of the Nord Stream 2 twin gas pipeline in Russian waters. Solitaire will spend about a month constructing one of the two approximately 100 kilometre long sections in the Russian territorial sea. Solitaire, operated by Allseas,…
Billionaire Warren Buffet’s company Berkshire Hathaway has committed to invest US$10 billion in Occidental Petroleum, subject to Oxy’s entering into and completing its proposed acquisition of rival Anadarko. According to Oxy’s statement on the 30th April, Berkshire Hathaway will receive 100,000 shares of Cumulative…
Cortez Subsea has recruited more staff in Aberdeen and Kuala Lumpur after securing a contract to lay what the company claims will be Malaysia’s first subsea pipeline featuring mechanical connectors. The company will manage the programme jointly with Alam Maritim Resources Berhad, with Cortez…
Abu Dhabi National Oil Company is seeking to raise billions of dollars from its natural-gas pipelines, months after the state-owned explorer got a US$4 billion investment in its oil infrastructure assets, according to people familiar with the matter. Adnoc is speaking to financial advisers…
Total and Tatweer Petroleum – Bahrain Field Develop Company, have signed a Memorandum of Understanding for cooperation in oil and gas exploration, knowledge sharing, and supply of LNG to Bahrain. Bahraini King Mohamed bin Khalifa bin Ahmed Al-Khalifa said areas of cooperation including “sharing…
New Zealand Petroleum & Minerals has launched the delayed Block Offer 2018 tender for petroleum exploration permits. The release area is restricted to the onshore Taranaki region, and covers 2,188 square kilometres. ‘The launch of Block Offer 2018 follows consultation with iwi and…
BP and its partners have submitted an environment plan to the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for the Ironbark-1 well site survey. In February, BP contracted the Diamond Offshore semi-submersible Ocean Apex to drill the Ironbark-1 exploration well off Western…
