News

  • Petrobras scoops six offshore blocks in 14th bidding round

    Brazil’s oil giant Petrobras has acquired seven blocks in the 14th Round of Bids under the Shared Production regime, six of which offshore and one onshore Brazil.   The bidding round was held on the 27th September by the National Agency of Petroleum, Natural Gas…

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  • Gas flowing again at Tamar in eastern Mediterranean

    Production has restarted at the Tamar platform offshore Israel, according to partner Delek Group.   Operator Noble Energy shut down the facility last week after finding a crack in the exhaust pipe used to release natural gas and pressure, for routine operational reasons and during…

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  • Vattenfall inaugurates largest onshore wind farm

    On the 28th September Vattenfall`s largest onshore wind farm, Pen y Cymoedd in Wales, was inaugurated. This means that Vattenfall takes one more step towards supplying climate-smart solutions to its customers. And by co-locating renewable energy production with associated storage facilities, Vattenfall aims to promote…

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  • Future of Biogas Europe 2017 Summit

    The Future of Biogas Europe 2017 Summit will be taking place in London, UK, on 15th – 16th November 2017. The two day event will bring together senior executives and experts from the full value chain to provide a forum for all parties active in…

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  • Exxon Mobil bets on Brazil, buys ten oil blocks in auction

    Exxon Mobil vastly expanded its presence in Brazil on the 27th September, winning ten blocks in the country’s 14th round of bidding for oil exploration and production rights, helping the cash-strapped nation fetch a record 3.8 billion reais (US$1.19 billion).   Exxon Mobil took six…

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  • Origin sells upstream oil & gas assets to Beach for US$1.25 billion

    Australian energy company Origin Energy has entered into an agreement to sell its conventional upstream oil and gas business, Lattice Energy, to its compatriot Beach Energy for A$1.59 billion (US$1.25 billion).   As part of the sale, Origin has secured access to a significant portion…

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  • Aasta Hansteen topside begins journey to Norway

    The heavy transport vessel Dockwise White Marlin, carrying the 24,000-tonne Aasta Hansteen topside, has begun its journey from Ulsan, South Korea, to Norway.   According to latest AIS data, the White Marlin and the topside are several kilometres off the city of Busan and, if…

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  • Dong Energy severing oil and gas ties

    Danish energy company Dong Energy has received regulatory approvals for the divestment of its upstream oil and gas business to INEOS, and it expects to sever all ties to its oil and gas background on the 29th September, as part of its strategy to focus on…

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  • Turkey backs Iraq on oil after Kurdish vote

    The government of Turkey said it will deal exclusively with the Iraqi government on oil exports after voters in the semi-autonomous Kurdistan Region of Iraq supported independence in a controversial referendum.   Assurance from Turkish Prime Minister Binali Yildirim of support for Baghdad followed threats…

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