Bass Oil has announced that it has produced a record monthly oil production of 27,795 barrels of oil JV share, or 15,287 barrels Bass share, from its Indonesian Tangai-Sukananti KSO during the month of October. This represents an average daily rate of 896 barrels…
The largest ever high-speed catamaran, which will operate on LNG fuel, will feature a fully integrated scope of supply from the technology group Wärtsilä. The 125 metres long vessel is being built at the Armon Gijón shipyard in Spain for Spanish ferry operator Baleària….
The Edvard Grieg field in the Norwegian North Sea continues to perform strongly, according to operator Lundin Norway, with no material water production to date. This should mean plateau production will be extended by around six months to mid-2020. At present, the deliverability from…
Energy Northwest is building a 5MW combined solar generation and battery storage facility in Washington State near Richland. The not-for-profit energy company is installing its second solar array, adding another ten million kWhs of low carbon electricity per year to its already diverse mix…
Equinor is shutting down operations at Sture terminal, its tanker port for crude oil in Øygarden, Norway, following a collision between the frigate Helge Ingstad and the tanker TS Sola. Equinor reported the incident at approximately 04.15 local time on the 7th November. In…
South Sudan’s optimism about restoring oil output to 350,000 barrels a day depends on the success of a recent peace deal and both are unlikely, according to Wood Mackenzie Ltd. Crude production fell by about two-thirds to 130,000 barrels per day as blocks were…
Croatia has launched its second onshore licensing round. There will be seven blocks available in the licensing round, all located in Croatia’s prolific Pannonian basin which has produced more than 1.1 billion barrels of oil equivalent. The majority is oil and condensate. …
The revival of Nigeria’s state-owned refineries will happen a year later than expected after financing talks dragged on, according to the nation’s oil minister. Nigerian National Petroleum Corporation’s refineries, which have long operated at a fraction of their capacity after years of under-investment, began…
Abu Dhabi’s Supreme Petroleum Council (SPC) has approved ADNOC’s new integrated gas strategy and its plans to increase its oil production capacity to 4 MMb/d by end-2020 and 5 MMb/d by 2030. This will involve an increase in capital investment of AED486 billion (US$132.33…
Norway’s Equinor and its partners were the successful bidders for new exploration parcels in the prolific Jeanne d’Arc basin, offshore Newfoundland. Equinor said on the 7th November it will operate two exploration parcels, NL18-CFB01-14 (Equinor Canada 70%, Husky Energy 30%) and NL18-CFB01-15 (Equinor Canada 60%, Suncor Energy 40%), totalling 412,644 hectares (4,126 square…
