Norwegian energy giant Equinor is pushing forward with the development of the Northern Lights, a carbon capture and storage project in Norway, in partnership with two other oil majors, Shell and Total. The latest step was the award of a contract for the preparation…
Valeura Energy, an upstream natural gas company with assets in the Thrace Basin of Turkey, has executed a Share Purchase Agreement to sell its producing shallow conventional gas business to TBNG Limited for a cash consideration of US$15.5 million, plus royalty payments of up to…
JinkoSolar Holding Company Ltd (JKS), one of the largest and most innovative solar module manufacturers in the world, has announced that it has signed a Module Supply Agreement for the Kozani project (“Kozani”) in the north of Greece, which has been developed by juwi Hellas…
ConocoPhillips has agreed to buy Concho Resources Inc for about US$9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that will create a heavyweight driller in America’s most prolific oil field. Investors will…
Turkish President Recep Tayyip Erdoğan has visited the Fatih drillship to announce an increase in discovered resources at the Tuna-1 (Danube-1) offshore well in the Black Sea. In a press conference on the 17th October held on the helideck of the Fatih drillship, Mr…
TechnipFMC has been awarded a significant (1) Engineering, Procurement, Construction and Installation contract by Equinor for the Breidablikk Pipelay, including option for the Subsea Installation scope located in the area close to the Grane Field, North Sea. The Breidablikk project is a tie-back to…
The installation of rooftop solar on Queensland’s public buildings, including public libraries, schools and the state’s prisons, could provide a significant boost to the state’s solar capacity, according to new analysis published by the Australian Conservation Foundation (ACF). The report suggests that there are…
OKEA has secured approval from Norway’s Ministry of Petroleum and Energy to become operator of two licences in the North Sea containing the Aurora gas discovery. In July the company signed a sales and purchase agreement with Equinor covering the latter’s 40% operated interest…
The Philippines has lifted its moratorium on oil and gas exploration in disputed areas of the South China Sea, a move which was welcomed by China and boosted the shares of the Southeast Asian nation’s energy producers. Resume-to-work notices were issued to Philippine National…
Africa Energy has received approval from shareholders for a transaction which will see the company increase its interest in the Total-operated Block 11B/12B, located offshore South Africa, from 4.9 per cent to ten per cent. Africa Energy entered into agreements to increase its effective…
