Base selected for world’s largest offshore wind farm

Equinor and SSE Renewables, the two companies behind the world’s biggest offshore wind farm Dogger Bank, have announced plans to build a new Operations and Maintenance (O&M) Base at the Port of Tyne.   Dogger Bank Wind Farm will be able to generate around 5%…

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Oil & Gas Council: 2020 EMEA Survey

The Oil & Gas Council has released its 2020 EMEA Survey.   This survey represents the views of 1318 executives representing companies from a cross section of the Oil & Gas industry, from 63 countries. In her welcome to readers, CEO Amy Miller said, “As a…

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Premier Oil announces trading and operations update

Premier Oil has provided a trading and operations update for the period 1 January to 30 April 2020.   As previously announced, the Group’s AGM has been deferred to 25 June 2020 in light of the Government’s public health instructions and stay at home measures…

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Oil Market Recovery Could Be Erratic

The oil market has experienced unprecedented demand destruction, supply cuts and inventory builds in just a matter of weeks. Recovering from recent events will take considerably longer, IHS Markit Energy Advisory Service predicts in a new report.   “It may be hard to comprehend now,”…

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Neptune boasts world’s first dual drilling from subsea template

Oil and gas company Neptune Energy has conducted what it claims to be ‘the world’s first’ dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea.   To remind, Neptune Energy kicked off its Fenja drilling campaign…

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Gazprom issues findings on giant gas discovery offshore Russia

Gazprom has named a new gas field discovered last year in the Kara Sea off northern Russia ‘75 Let Pobedy’ (75 Years of Victory).   The Skuratovskaya prospect on the shelf of the Yamal Peninsula (north-west Siberia) is thought to hold more than 200 bcm of recoverable reserves.  …

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NextDecade may delay FID on Rio Grande LNG

NextDecade Corporation has warned that the COVID-19 pandemic and volatility in the energy markets may adversely affect its business, including efforts to reach a final investment decision (FID) on its 27-million tonne/year (tpy) Rio Grande LNG liquefaction plant in Brownsville, Texas.   Prospects for development…

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Pipe Giant Says Drillers Already Reopening Wells

Some drillers in the biggest North American oil field are reopening wells shut in response to the pandemic-driven price collapse, according to pipeline giant Energy Transfer LP.   In the Permian Basin’s Midland region, about 8% of oil volumes which feed Energy Transfer’s pipe network…

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