Oil Search Ltd shareholders have voted in favour of the proposed merger with Santos Ltd, Adelaide, which is expected to create a new A$23 billion international oil and gas producer with assets in Australia, Papua New Guinea, and Alaska. Oil Search said 95.43%…
Supermajor ExxonMobil has revealed its plans to achieve net-zero greenhouse gas emissions from operated assets in the US Permian Basin by 2030. Exxon said that the plan would accelerate and expand its emission-reduction plans for unconventional operations in New Mexico and Texas. They are…
Vattenfall has contracted Jan De Nul Group to transport and install 41 wind turbines at the Vesterhav Nord and Syd offshore wind farms in the eastern Danish North Sea. The jack-up vessel Vole au Vent is expected to install 41 8.4-MW Siemens Gamesa wind…
Shell has decided not to pursue investment for the time being in the proposed Cambo oil field development west of Shetland. Cambo is one of the UK’s largest undeveloped offshore fields, but the project has drawn opposition from environmental lobby groups and the Scottish…
Allianz Capital Partners, on behalf of Allianz Insurance Companies (Allianz), and BASF have agreed on the purchase of 25.2% of the windfarm Hollandse Kust Zuid (HKZ) by Allianz. This follows a transaction between Vattenfall and BASF under which BASF acquired 49.5% of HKZ from…
Oil majors are looking to automate their assets to reduce the impact of demand fluctuation on revenues, according to GlobalData. The company notes that COVID-19 has been a wake-up call to the upheaval that a sudden drop in energy demand and/or labour availability can…
The life of the Philippines’ Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president of Udenna Corporation, which now controls the project, said on the 6th December. “We are very confident…
Sherdar Australia Bio Refinery Pty Ltd, a specialty company of privately held TransAsia Minerals Ltd, plans to develop Australia’s first renewable diesel processing and storage plant. Once in operation, the planned renewable fuels refinery will be equipped to produce 500,000 tonnes/year of renewable diesel…
Kongsberg Digital, a subsidiary of Kongsberg, has won a five-year contract extension with Heerema Marine Contractors (HMC) for system support of maritime simulation solutions and training. Kongsberg Digital confirmed on the 6th December that Heerema had renewed its Long-Term System Support Programme (LTSSP) contract…
Pars Oil and Gas Company (POGC), a subsidiary of the National Iranian Oil Company, has started drilling operations at the South Pars gas field in the Persian Gulf in search of new hydrocarbon reserves. The Pars Oil and Gas Company stated that the drilling…
