News

  • Australian government unveils plan to secure domestic gas supplies

    The Australian government has released its first full National Gas Infrastructure Plan (NGIP) and infrastructure investment framework to help secure natural gas supplies over the next 20 years.   The NGIP provides a development pathway for supply to households and manufacturers along with five priority…

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  • United given more time for offshore Jamaica farm-out process

    Enbridge Inc’s proposal to keep its massive Mainline oil pipeline network full through long-term contracts has been rejected by Canada’s top energy regulator in a win for some producers who want more flexibility to ship their crude.   “Mainline contracting would likely reduce the access…

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  • Denmark and Belgium to Connect Energy Islands With Undersea Cable

    Grid operators Elia (BE) and Energinet (DK) are to collaborate further on the creation of a world-first: the first undersea connection between two energy islands, exchanging power between two countries, and bringing energy from offshore wind farms on land.   Danish Climate and Energy Minister,…

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  • Greece Teams Up With Egypt on Gas Supply, Infrastructure

    Greece and Egypt have agreed to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.   The two sides signed a memorandum of understanding…

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  • CNOOC fires up Buzzard expansion project in North Sea

    Chinese oil and gas giant CNOOC Limited has started production from the Buzzard Phase II development located offshore in the UK sector of the North Sea.   Buzzard Phase II is located approximately 100 kilometres north-east of Aberdeen, with an average water depth of approximately…

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  • Equinor to exit Ireland after US$434 million Corrib sale

    Norway’s Equinor will no longer have a business presence in Ireland following a recent decision to abandon offshore wind projects in the country and the latest announcement about the sale of the company’s non-operated equity position in the Corrib offshore gas project to Vermillion Energy….

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  • Baltic Pipe readies for next construction milestone

    The pipeline end manifold (PLEM) structure, which is going to connect the Baltic Pipe with the Norwegian gas pipeline Europipe II, will soon be installed onto the seabed.   According to Danish Energinet, the installation of the PLEM structure is scheduled to take place in…

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  • Wood Bags Deal for Largest Turkey Gas Reserve

    Wood has announced that it has been appointed as the integrated management partner of the Sakarya Gas Field Development Project by Turkish Petroleum.   A multidisciplinary Wood team will carry out the integrated project management and engineering verification for the first EPCI phase of the…

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  • Australia Unveils Plan to Spur Pipeline Investment

    On the 26th November Australia outlined a plan to spur investment in new gas pipelines to beef up gas supply, despite the government’s pledge to achieve net zero carbon emissions by 2050.   In its National Gas Infrastructure Plan, the government said its modelling showed…

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  • OPEC says SPR releases may worsen coming global oil surplus

    OPEC expects that oil stockpiles released by consuming nations could massively swell the surplus in global markets.   The projections from OPEC’s advisory body — the Economic Commission Board — come a week before the group and its allies meet to decide whether to increase…

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