Air Liquide, Borealis, Esso SAF, TotalEnergies and Yara International ASA have signed a Memorandum of Understanding (MoU) to explore the development of a CO2 infrastructure including capture and storage, to help decarbonise the industrial basin located in the Normandy region. With the objective to…
The United States and Germany are expected to announce a deal resolving their longstanding dispute over Russia’s US$11 billion Nord Stream 2 natural gas pipeline in coming days, sources familiar with the matter said on the 19th July. A deal is now in sight after continued robust…
Iran plans to ship a cargo of oil from a port in the Gulf of Oman next week, its first crude export from outside the Persian Gulf and beyond the narrow, crisis-prone Strait of Hormuz. “The first vessel has arrived in the Jask region…
Saipem has introduced a technology which can be used to power green hydrogen production, including on offshore platforms. SUISO combines renewable energy sources such as floating wind, floating solar, and marine energy in a single system. Together or individually, these can power electrolysers installed…
The battery storage industry has welcomed two landmark rulings which create new markets for their technology, but they face at least another two-year wait before the new rules come into effect. Australia already has six big batteries operating on its main grid – with…
Borr Drilling’s Prospector-1 jack-up drilling rig has arrived at Kistos’ Q10-A field in the Dutch North Sea and started the company’s 2021 drilling campaign. Kistos has recently acquired Tulip Oil Netherlands BV through a deal completed in May, taking over Tulip’s Q10-A gas field and its wind…
Halliburton Company, the biggest provider of fracking services, is gearing up for several years of expansion in both the US and foreign markets as spending recovers in the global energy industry. “The positive activity momentum we see in North America and international markets today,…
Dana Gas PJSC announced that its H1 2021 collections from the Kurdistan Region of Iraq (KRI), and Egypt have increased 106% year-on-year to US$185 million (AED 678 million), the highest level in more than five years. Dana Gas, which owns a 35% stake in…
Saipem’s pipelay vessel Castorone has laid more than 100 kilometres of the offshore pipeline for the Baltic Pipe project in the Baltic Sea. The 275-kilometre long Baltic Pipe will create a new corridor supplying gas from Norway to the markets in Poland, Denmark and also…
Nigeria is seeking US$1 billion so work can continue on a gas pipeline costing up to US$2.8 billion after Chinese lenders which had pledged to offer most of the funds did not disburse cash as quickly as expected, three sources close to the matter said. It is…
