The Texas Alliance of Energy Producers revealed this week that its Texas Petro Index (TPI) – a cyclical measure of the health and vitality of the state’s oil and natural gas economy – shows that exploration and production activity fell for the 19th straight month…
Privately-owned exploration company Impact Oil & Gas has entered into an agreement with Shell for the farm-out of a 50 per cent working interest and operatorship in the Transkei & Algoa blocks, offshore South Africa. In a statement on the 4th November, Impact said…
The Nigerian National Petroleum Corporation (NNPC) and FIRST E&P joint venture has started oil production from the Anyala West field in oil mining leases (OMLs) 83 and 85. The blocks are in the shallow waters of the Niger Delta where FIRST E&P is the…
Global turbine leader Vestas has taken sole control of its offshore wind joint venture, a move which says a lot about Vestas’ current standing in the sector and even more about where wind power is headed. The €700 million (US$814 million) all-stock deal revealed…
Eni joins, as lead partner, Ocean Energy Europe (OEE) and the Board of Directors of the organisation, the largest European network for the development of ocean energies. In this position, the company will collaborate to chart the strategic course of OEE, for the promotion…
Central Petroleum Ltd, Brisbane, has restarted its Range gas project in the Surat basin of south-east Queensland with its 50-50 joint venture partner Incitec Pivot Ltd. Activities required to reach a final investment decision for the coal seam gas development include a three-well appraisal…
UK oil and gas company Premier Oil has received support from creditors for the proposed merger with Chrysaor announced in October. On the 6th October Premier Oil reached an agreement with Harbour’s UK operating company Chrysaor regarding a proposed all-share merger between Premier and…
The Dutch natural gas market is reinforcing its position as one of the most important trading hubs in the world. Trade on the Dutch Title Transfer Facility, as the market is known, is surging as Europe increased imports from Russia, Norway and further afield…
Global E&C has won an engineering and modification support services contract for Bluewater’s FPSOs Aoka Mizu and Haewene Brim, both currently operating in the UK North Sea. The three-year contract carries two options for single-year extensions. Formed last year, Global E&C supports brownfield…
The combined output of wind and solar and other renewable energy sources have overtaken the principal fossil fuel sources of coal and gas generation in Western Australia for the first time in the month of October. According to data provided by OpenNem.org.au, wind and…
