A fleet of around 20 tankers laden with US crude oil is expected to leave for Asia this month as the region continues to outpace the rest of the world in its recovery from the Covid-19 pandemic. The vessels have been booked, some of…
The Bureau of Ocean Energy Management (BOEM) has issued a ‘Record of Decision’ (ROD) establishing safeguards to reduce or eliminate impacts to marine life while setting a path forward for appropriate geological and geophysical survey activities on the Gulf of Mexico Outer Continental Shelf. …
Providence Resources Plc and Lansdowne Oil & Gas Plc have agreed to farm-out 50% working interest in Barryroe oil and gas field, Standard Exploration Licence (SEL) 1/11, to Spoton Energy Ltd and a consortium of international service providers. Barryroe – in the North Celtic…
GE Renewable Energy has officially introduced the 6.0-164 version of its Cypress onshore wind turbine platform, making it the company’s most powerful onshore wind turbine available. The 6.0-164 turbine will increase Annual Energy Production (AEP) by up to 11% over the 5.3-158 model. Like…
Jersey Oil & Gas has a conditional agreement to acquire North Sea E&P company CIECO V&C (UK), currently owned by Japan’s ITOCHU Corporation and JOGMEC. Assuming approval for the transaction, JOG would secure a further 12% interest in licence P2170 blocks 20/5b and 21/1d…
Venezuela almost tripled its crude oil exports even as the US continues to tighten sanctions against companies seeking to do business with its ruling regime. Exports of oil surged to more than half a million barrels a day in November, with nearly all of…
Turkmenistan has extended a contract with PJSC Tatneft aimed at increasing the flow rate of wells in the onshore Goturdepe oil and gas field. State company Turkmennebit extended the service contract for an additional eight years. Turkmennebit has worked with Tatneft under a…
In 2021 Turkmenistan will begin construction of the 1,125-mile, 33-billion cu m/year Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline in Afghanistan. Turkmenistan plans to complete TAPI’s construction inside its territory this year and then begin work on the line’s Afghanistan segment, according to Foreign Minister Rashid…
The Tasmania government has declared that it has become the first Australian state, and one of just a handful of jurisdictions worldwide, to be powered entirely by renewable electricity. In a statement released on the 27th November, Tasmanian energy minister Guy Barnett said that…
CGG and Magseis Fairfield have completed acquisition of what they claim is the largest ocean bottom node (OBN) survey ever acquired in the North Sea. The OBN Cornerstone 2020 multi-client survey, in the UK central sector, got under way in March. In total,…
