McDermott International, Inc reported on the 30th October that it has signed a memorandum of understanding (MoU) with Darwin Clean Fuels Pty Ltd. The MoU enables McDermott to conduct the feasibility study for the client’s proposed Clean Fuels Condensate Refinery, which would be built…
Following a number of delays, Danish authorities have granted a construction permit for the Nord Stream 2 offshore gas pipeline in the Baltic Sea. Nord Stream 2 AG, a subsidiary of Russia’s Gazprom and operator of the Nord Stream pipeline, said on the 30th…
According to sources, Indonesian Investment Committee Chairman Bahlil Lahadalia has issued a statement saying that the Indonesian government immediately banned nickel ore producers from selling abroad. The export ban imposed on the 29th October was earlier than the original date of the 1st January…
Today’s energy choices and their consequences Today’s energy choices will shape the future of energy, but how should we assess their impact and adequacy? This is the task the World Energy Outlook takes on. It aims to inform the thinking of decision makers as…
Royal Boskalis Westminster NV and Hwa Chi Construction Company Ltd have been awarded the foundation scope for the Taiwanese Changfang and Xidao offshore wind farm (CFXD OWF) project owned by Copenhagen Infrastructure Partners (CIP). The project includes the transportation and installation of 62 three-legged…
FAR Limited has released the economic data for the development of the world class SNE oil field offshore Senegal. SNE, the world’s largest conventional oil discovery in 2014, is today recognised as a global tier one oil field with 2C oil resources in excess of…
Oilfield services firms will need to diversify in order to stay in the game during industry’s energy transition, according to energy research firm Rystad Energy. This is due in part to larger budget cuts in the upstream sector compared to the midstream sector, shifting…
KrisEnergy has accepted a binding letter of offer by a ‘major international oil and gas company’ for the disposal of a 30% non-operated working interest in the Andaman II production sharing contract (PSC) in the Malacca Strait, offshore Indonesia. The binding letter of offer…
Spirit Energy has doubled natural gas production from the Greater Markham Area straddling the UK and Dutch borders in the southern North Sea with a new well in Chiswick field. The C5Y well added 25 MMscfd of production, bringing Greater Markham output to 50…
The Utsira High area power grid, which is expected to become operational in 2022, will provide power from shore to the Johan Sverdrup, Edvard Grieg, Ivar Aasen, Gina Krog, and Sleipner fields. Originally planned for four fields – Johan Sverdrup, Edvard Grieg, Ivar Aasen,…
