OKEA has secured approval from Norway’s Ministry of Petroleum and Energy to become operator of two licences in the North Sea containing the Aurora gas discovery. In July the company signed a sales and purchase agreement with Equinor covering the latter’s 40% operated interest…
The Philippines has lifted its moratorium on oil and gas exploration in disputed areas of the South China Sea, a move which was welcomed by China and boosted the shares of the Southeast Asian nation’s energy producers. Resume-to-work notices were issued to Philippine National…
Africa Energy has received approval from shareholders for a transaction which will see the company increase its interest in the Total-operated Block 11B/12B, located offshore South Africa, from 4.9 per cent to ten per cent. Africa Energy entered into agreements to increase its effective…
Hydrocarbon production on the United Kingdom’s continental shelf (UKCS) has dropped steadily since its peak at 4.3 million barrels of oil equivalent per day (boepd) in 1999, never exceeding two million boepd after 2010. Promising exploration results by Hurricane Energy in fractured basement reservoirs,…
The Western Australian government has granted state environmental approvals to the massive first stage of the Asian Renewable Energy Hub, which proposes to build up to 15,000MW of new wind and solar power in the state’s Pilbara region and has expanded its long term plans…
Summit Midstream Partners LP’s (SMLP) Double E Pipeline LLC, a joint venture in which SMLP owns a 70% operating interest, has received US Federal Energy Regulatory Commission (FERC) approval to build and operate its 1.35-bcfd Double E Pipeline. Double E will deliver natural gas…
Enbridge Inc has completed about 90% of initial design work on its 4.5-mile Great Lakes Tunnel under the Straits of Mackinac in Michigan. The tunnel will house its 540,000-b/d Line 5 liquids pipeline. The company expects to begin tunnel construction in 2021 for 2024…
Heerema’s Sleipnir, the LNG-powered world’s largest semi-submersible crane vessel, has installed the Tolmount platform In the Southern North Sea. Heerema said on the 15th October that the project consisted of installing the 2,350 metric ton jacket and 2,500 metric ton topside constructed by Rosetti…
Abu Dhabi institutional investors are paying US$2.1 billion for a stake in a natural gas pipelines unit run by Abu Dhabi National Oil Company, adding to the cash the government energy producer has raised from infrastructure assets. Abu Dhabi Pension Fund and holding company…
In April 2020, Total and AGEL, a renewable energy subsidiary of the Adani Group, formed a JV to which AGEL contributed a portfolio of 2.1 GW of solar power plants. As part of an option provided for in the initial contract for the formation of the…
