Development of English shale-gas resources is taking longer than expected and losing public support, concludes a study by the UK National Audit Office. In 2016, the study says, the government projected that as many as 20 wells would be drilled and hydraulically fractured by…
TMC Compressors of the Seas (TMC) has signed a contract to supply a complete marine compressed air system and associated equipment to four of TMS Cardiff Gas Ltd’s LNG carriers currently under construction. The four LNG carriers are being built at Hyundai Heavy Industries…
Serica Energy Plc has received a renewed licence and secondary sanctions assurance on its Rhum gas-condensate field in the UK central North Sea from the US Office of Foreign Assets Control (OFAC). This ensures continued provision of goods, services and support from various US-owned…
Last month the Akademik Lomonosov, a first-of-its-kind floating nuclear plant built by Russian state nuclear energy corporation, Rosatom, arrived at Pevek, a port town on the remote Chukotka Peninsula in the Russian Arctic. There, the plant is expected to provide power to about 100,000 homes….
Eco (Atlantic) Oil & Gas has provided an operational update following its two recent oil discoveries on the Orinduik Block, offshore Guyana. Multiple prospects currently being reviewed with further high graded candidates under consideration for a 2020 drilling programme Operator is preparing a…
Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America. China’s Unipec, at least one of the nation’s independent refiners and South Korea’s Hyundai Oilbank Company have bought Johan Sverdrup for December delivery,…
Houston-based oilfield services company Deep Down has received orders for custom offshore equipment and services exceeding US$2 million from different customers, within one week. Deep Down said on the 24th October that the orders were for flying leads, riser isolation valve controls, and other…
Following its recent two oil discoveries, Tullow Oil and its partners in the Orinduik block located offshore Guyana are reviewing multiple prospects on the block and working to approve the budget for the 2020 drilling campaign. Tullow is the operator of the Orinduik block…
Aker Solutions is looking for renewable and low carbon solutions to provide around half its revenue by 2030. Although the oil and gas industry will likely remain the biggest market, the company is aiming for a more balanced portfolio of products and technologies, in…
Melbana Energy has provided an update regarding its Block 9 Production Sharing Contract (Block 9 PSC) in Cuba: As advised in its announcement of 3 October 2019, Melbana had been informed that all the amendments it had requested to its Block 9 PSC with…
