Russia is stepping up work on the Nord Stream 2 pipeline before the US tightens sanctions against the controversial project designed to feed more natural gas into Germany. Construction of the 1,230-kilometre (764-mile) pipeline reached a milestone on the 27th December with the completion…
GE Renewable Energy has announced that it has secured a 27.2 MW contract to supply eight units of GE’s 3 MW-137 wind turbines to support construction of the Phuoc Minh Wind Farm, located in Ninh Thuan, in the South Central Region of Vietnam. A…
Brazilian oil major Petrobras has decided to transfer its commercial activities from London to Rotterdam. Port of Rotterdam said on the 29th December that the Brazilian oil firm would transfer its commercial activities from the London-based Petrobras Europe to Petrobras Global Trading BV back…
Oil and gas firm Energean has entered into an agreement to buy a 30 per cent stake in Energean Israel from Kerogen, resulting in Energean owning a 100 per cent stake in the company. Energean’s Israeli subsidiary holds a 100 per cent working interest…
Eni and the International Cooperation Centre of the National Development and Reform Commission (ICC-NDRC) have signed a memorandum of understanding to promote collaboration between Eni and Chinese energy players. The MoU establishes a cooperation framework aimed at facilitating joint initiatives between Eni and Chinese…
DEME Offshore has installed the last jacket foundation for the 950-MW Moray East wind farm in the Moray Firth in Scotland. The company was awarded the full EPCI scope for 100 wind turbine foundations plus three offshore substation platform foundations in December 2018. DEME…
What Will Brexit Trade Deal Mean for City of London? Britain, which left the European Union in January, loses full access to the bloc under transition arrangements that end at 23:00 GMT on the 31st December. The 27-nation EU is Britain’s biggest financial services…
Mozambique said its security forces have repelled an attack by Islamist insurgents on a town close to the site where Total SE is building a US$20 billion natural gas facility. The attack took place about 21 kilometres (13 miles) from Total’s project overnight on…
Golar LNG has sold its FSRU LNG Croatia (ex-Golar Viking) to LNG Hrvatska. The sale should release around US$47 million of free cash to Golar following repayment of the vessel debt facility and settlement of remaining conversion and commissioning costs. Golar will now operate…
KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Block A concession on the 28th December 2020. KrisEnergy said that the Apsara field began flowing from a single development well and the flow rate will take at least 24 hours to…
