Alpha Petroleum’s plans for developing its flagship UK North Sea field appear to have suffered a blow after its floating production vessel deal with Teekay was terminated.
Read More »How Norway’s Rain and Snow Will Soon be Powering UK Homes with Green Energy
Water flowing from mountains to fjords in Norway will soon be helping power British homes. as the world’s longest ``interconnector`` hooks up the two countries’ grids.
Read More »Oilfield Service Firms Starting to Lift Prices
After several years in the doldrums. oilfield service companies are beginning to raise prices for their products and services. according to Rystad Energy.
Read More »Equinor Completes Purchase of Brazilian Oil Discovery For £300m
Norwegian energy giant Equinor has announced that it has bought up interest in a Brazilian oil discovery for more than £300 million.
Read More »Uncertain OPEC Should Keep Current Cuts Flat
OPEC nations may be at odds with each other. but all they need to do is extend their current crude oil cutbacks through the end of the year to help keep the market relatively balanced. according to a new report.
Read More »Anadarko Authorizes $20bn Mozambique LNG Project as Planned
Anadarko Petroleum authorised the roughly $20 billion Mozambique liquefied natural gas export project on Tuesday at a celebratory event in the eastern African nation.
Read More »UK Oil Industry Getting Very Good at Decommissioning
The UK oil and gas industry is starting to get ``very good`` at decommissioning. the sector’s top regulator said yesterday.
Read More »Brent Bravo Platform Removed from North Sea by Pioneering Spirit
Shell’s Brent Bravo platform has been removed from the North Sea by Allseas’ heavy lift and pipelay vessel Pioneering Spirit.
Read More »Ineos E&P in the Black and Ready to Expand its North Sea Exploration Portfolio
One of the UK’s richest men is looking to expand his North Sea oil and gas portfolio after his exploration and production (E&.P) business returned to profitability in 2018.
Read More »Petrofac Teams Up with UK Marginal Fields Developer
A joint venture created to recover stranded gas reserves through gas-to-wire (GTW) technology has teamed up with Petrofac.
Read More »