Oil and gas firm Energean has entered into an agreement to buy a 30 per cent stake in Energean Israel from Kerogen, resulting in Energean owning a 100 per cent stake in the company. Energean’s Israeli subsidiary holds a 100 per cent working interest…
Eni and the International Cooperation Centre of the National Development and Reform Commission (ICC-NDRC) have signed a memorandum of understanding to promote collaboration between Eni and Chinese energy players. The MoU establishes a cooperation framework aimed at facilitating joint initiatives between Eni and Chinese…
DEME Offshore has installed the last jacket foundation for the 950-MW Moray East wind farm in the Moray Firth in Scotland. The company was awarded the full EPCI scope for 100 wind turbine foundations plus three offshore substation platform foundations in December 2018. DEME…
What Will Brexit Trade Deal Mean for City of London? Britain, which left the European Union in January, loses full access to the bloc under transition arrangements that end at 23:00 GMT on the 31st December. The 27-nation EU is Britain’s biggest financial services…
Mozambique said its security forces have repelled an attack by Islamist insurgents on a town close to the site where Total SE is building a US$20 billion natural gas facility. The attack took place about 21 kilometres (13 miles) from Total’s project overnight on…
Golar LNG has sold its FSRU LNG Croatia (ex-Golar Viking) to LNG Hrvatska. The sale should release around US$47 million of free cash to Golar following repayment of the vessel debt facility and settlement of remaining conversion and commissioning costs. Golar will now operate…
KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Block A concession on the 28th December 2020. KrisEnergy said that the Apsara field began flowing from a single development well and the flow rate will take at least 24 hours to…
The Gazprom Board of Directors has taken note of the information about the ongoing implementation of the liquefied natural gas production and supply projects. It was highlighted that the new coronavirus pandemic has had a negative impact on the long-term outlook for the global…
A slew of updates on Germany’s power mix suggests that 2020 will be a record year for renewable energy in Germany, as a lagging wind industry begins to pick up pace and solar growth and demand reductions both continue. German energy research institute AG…
The Russian pipe-laying vessel Fortuna has left the Nord Stream 2 gas pipeline construction site in the Baltic Sea which could mean that the 2.6-kilometre pipeline stretch off Germany could be completed. According to AIS data from the 28th December, the Fortuna vessel left…
