Western Australia’s Environmental Protection Authority (WAEPA) has revised its guidance on mitigating greenhouse gas emissions from large new or expanding projects in the state, drawing the ire of the petroleum industry. The revised guidelines outline the information required from proponents and how it may…
Rolls-Royce has secured a contract with Italian shipbuilder Cantiere Navale Vittoria for the supply of a marine propulsion package to a new Offshore Patrol Vessel under construction for the Armed Forces of Malta (AFM). The 1800ton displacement, 74.8 metre, twin-screw vessel will feature a…
UK-based oil company Premier Oil reported a net profit in 2018 of US$133.4 million, on the back of record production. Premier Oil, which in 2017 posted a loss of US$253 million, said on the 7th March that it achieved record production of 80.5 kboepd in…
The Permian Basin is the energy-producing juggernaut behind the US shale revolution. This vast oil and gas play stretches over 75,000 square miles from West Texas into south-eastern New Mexico. The Permian can be split into two sub-basins, the Delaware in the west and…
Telenor Maritime has an agreement with Vår Energi to equip the Goliat field production facilities in the Barents Sea with 2G and 4G networks. Asbjørn Skoge, Vår’s Barents Sea asset manager, said the arrangement would enhance network reliability on the field, with other offshore…
French electric utility Engie has completed and begun production from one of South Africa’s largest renewable energy projects, the 100MW Kathu Solar Park, a concentrated solar plant (CSP) with storage located in the Northern Cape province. The Kathu Solar Park consists of parabolic trough…
Block Energy, the exploration and production company focused on the Republic of Georgia, has reported an increase in production rate at its 100%-held Norio field, where the company is implementing a multi-well workover programme. The oil production rate at Norio 44 has increased significantly…
Soco International, a London-listed oil and gas exploration and production company, has decided not to make an offer for Ophir Energy after its original all-share proposal was rejected in January. Soco said on the 6th March that it tabled a formal proposal to Ophir’s…
Despite sitting on top of the world’s largest crude reserves, the reach of Venezuela’s state-owned oil company is receding. In the 1980s Petroleos de Venezuela SA started an international expansion with the objective of finding new outlets for its growing oil production. The…
Upgrades to Equinor’s Njord A semi-submersible production platform are progressing to plan, according to contractor Kvaerner. This is part of a programme to extend the life of facilities in the Njord field area of the Norwegian Sea. The drilling derrick and compensator module…
