Equinor and Scatec have announced that the 117 MW solar power plant in Argentina is now in commercial operation. The Guañizuil IIA plant is in the Province of San Juan in the north-west of Argentina. The plant is owned and operated 50% by Scatec…
Jadestone Energy expects to complete its acquisition of SapuraOMV Upstream’s Peninsular Malaysia E&P interests by the end of the month, having secured approval from Petronas. The transaction should bring Jadestone 12.5 MMboe of net 2P reserves and 6,000 boe/d of low operating-cost production, of…
Harbour Energy Plc has signed up to the World Bank’s ‘Zero Routine Flaring by 2030’ initiative. This brings together governments, oil companies, and NGOs to pursue the elimination of routine flaring by 2030. Harbour is taking steps to cut emissions from its oil…
Greenland has put a halt to its 50-year attempt to become an oil producing nation after announcing it would stop granting exploration licences and suspend a strategy of searching for oil. Oil exploration in Greenland has been a thing since the 1970s, involving major…
On the 15th July Berlin lost its fight to overturn a ruling limiting Gazprom’s access to the OPAL pipeline, which links the Russian gas producer’s Nord Stream line to Germany. Europe’s top court upheld the ruling, siding with Poland which sees European reliance on Russian gas as a regional…
ExxonMobil has signed a Memorandum of Understanding to participate in the Acorn carbon capture and storage project (CCS) from gas terminals at the St Fergus complex at Peterhead, Scotland, which includes ExxonMobil’s joint venture gas terminal. Acorn CCS repurposes existing gas pipelines to take…
BP and Energie Baden-Württemberg AG (EnBW) have confirmed the names of their planned new offshore wind projects in the Irish Sea – Morgan and Mona – and launched a dedicated supplier portal for the developments. When complete, Morgan and Mona will have a combined…
The world’s remaining recoverable oil resources are now seen as 9 per cent slimmer but the commercial volumes can align with the global climate goals and keep global warming below 1.8˚C, energy intelligence firm Rystad Energy has said. Every year and following the publication…
Thanks to richer data and more sophisticated ultrasonic sensors, robots are getting better at mimicking human movements, according to Gecko Robotics, Inc. For instance, the Pittsburgh-based company is using crawling robots to inspect online pipeline assets for clients – and mitigating a safety risk…
The ABS Class Committee has accepted the WindFloat Atlantic’s three 8.4-MW floating turbines. This makes WindFloat Atlantic the world’s first classed offshore wind farm. The three ABS-classed, semi-submersible type units were designed by Principle Power and house Vestas turbines. Located 20 km (12…
