News

  • Total to develop 25 MW of solar rooftops in Thailand

    Total, through its affiliate Total Solar Distributed Generation, has signed a binding contract to provide 25 megawatt-peak (MWp) of solar rooftops for 24 facilities of one of the largest food companies in Thailand, Betagro.   Each one of these projects benefits from a 20-year Power…

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  • Wärtsilä to provide LNG equipment for BC Ferries’ latest vessel

    Wärtsilä has announced that it has won a contract to provide an integrated system consisting of the LNG plant, dual-fuel engines and electrical propulsion system for BC Ferries’ latest Salish Class vessel.   Three similar ferries, which are all operating on Wärtsilä LNG-fuelled engines, have…

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  • Premier Oil announces 2019 full year results

    Premier Oil has announced its 2019 full year results.   Operational highlights   Production of 78.4 kboepd, at upper end of guidance; 2020 guidance of 70-75 kboepd (before any contribution from the announced UK acquisitions)   Catcher (UK) project payback reached; Catcher North and Laverda…

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  • Shell, Exxon Team up on Offshore Exploration in Somalia

    The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia has agreed on an initial roadmap with the Shell/Exxon joint venture focused on offshore exploration and development.   The roadmap will now convert years-old concessions into Production Sharing Agreements under the provisions…

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  • BP awards Caspian Sea job to Worley

    Azerbaijan International Operating Company (AIOC), a BP-operated company, has awarded Worley a contract for engineering, procurement, and construction services as part of a gas lift project in the Caspian Sea.   Worley said on the 5th March that, under the contract, it would provide engineering,…

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  • First SeaMade substation heading to the Belgian North Sea

    The first of two substations for the SeaMade offshore wind farm left the construction yard in Hoboken for its destination in the Belgian North Sea, according to DEME Offshore.   The 1,200-metric ton (1,323-ton) substation has four decks, is 14 metres (46 feet) high and,…

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  • Bowleven awards lead FEED contract for Etinde, offshore Cameroon

    Bowleven Plc and partners have let a front-end engineering design contract to TechnipFMC plc for the proposed development of Isongo Marine (IM) gas condensate field in the Etinde license area offshore Cameroon.   Under the terms of the contract, Technip would work alongside and report…

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  • How is the Renewables Quest Impacting Exploration Appetites?

    by Criselda Diala-McBride, Rigzone Contributor   A global energy transformation is happening, but oil exploration activities are still key for the energy mix.   As climate change concerns grow, worldwide efforts to transition to a low-carbon future have also intensified. And although industry analysts agree…

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