Oil and gas giants Equinor, Shell and Total have taken the decision to make initial investments of nearly NOK 6.9 billion ($680 million) in the Northern Lights CCS project, the first-ever carbon capture and storage project (CCS Project) on the Norwegian Continental Shelf. Equinor said that plans for development and operation of the CCS project […]
Mubadala Petroleum and Tap Oil will go ahead with a drilling campaign in the Manora oil field offshore Thailand, which will comprise three development wells MNA -25, MNA -26 and MNA-27. The Manora oil field, which is located in the G1/48 concession in the Northern Gulf of Thailand, has been in production since November 2014. […]
Subsea 7 has bagged an engineering, procurement, construction, and installation (EPCI) contract from Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development – which is the phase 1 of the Core Project in the UK North Sea. The scope of the contract covers the project management, engineering, procurement, construction, and installation […]
Neste, a Finnish renewable diesel producer, has acquired 100% of the Dutch Count Companies’ Count Terminal Rotterdam and its supporting entities, part of the First Dutch Group of Peter Goedvolk. Financial terms of the deal were not disclosed. Count Terminal Rotterdam is engaged in storage, refining and blending of renewable waste and residue-based raw materials […]
Neptune Energy has wrapped up an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block in Egyptian waters, which it says has delivered promising results for additional analysis. Prefunded by Neptune Energy, the OBN multiclient survey project was executed by WesternGeco, the seismic and geophysical data solutions unit of Schlumberger, under […]
Williams has signed an agreement with Chevron and its partner Total E&P USA to deliver offshore natural gas transportation services to the Anchor oil field development in the US Gulf of Mexico. The Anchor oil project is located 140 miles off the Louisiana coast in the Green Canyon area. Chevron is looking to drill multiple […]
Global Clean Energy Holdings (GCEH), a California-based renewable energy company, through a subsidiary, has acquired Alon Bakersfield Properties, a subsidiary of Delek US, and the owner of the Alon Bakersfield Refinery. The total cash consideration paid by Global Clean Energy to Delek US Holdings for the acquisition was $40 million. Alon Bakersfield Refinery is an […]
Renewable methane plant : The Australian Renewable Energy Agency (ARENA) has announced a funding of AUD 1.1 million to natural gas transmission company APA Group to construct a modular renewable methane production demonstration plant at its Wallumbilla Gas hub located near Roma in Queensland. The ‘power to gas’ demonstration plant will generate nearly 620kg of […]
88 Energy acquisition of XCD Energy : Australian energy companies 88 Energy and XCD Energy have finally agreed to merge in an all-stock transaction to establish an oil company focused on the North Slope in Alaska, US. Presently, 88 Energy has operations in most of the Project Icewine, which is spread over nearly 480,000 acres. […]
Qatar Petroleum has signed three farm-in deals for acquiring nearly 30% of Total’s participating interest in blocks 15, 33, and 34 located in the Campeche basin in Mexican waters. As per the Qatari national oil company, each of the farm-in deals is subject to customary regulatory and other approvals from the existing partners of the […]