MOL revealed on the 14th July that it has discovered “significant” gas and condensate reserves in Pakistan. The Mamikhel South-1 exploratory well, which is located in Pakistan’s TAL Block, achieved a flow rate of 6,516 barrels of oil equivalent per day during testing, according to…
Mubadala Petroleum has increased the production capacity on the Manora oil field in the Gulf of Thailand following the completion of the 2020 development drilling and workover programme. The Manora field is located in the G1/48 concession in the Gulf of Thailand, operated by…
Weatherford International has signed an 18-month contract with the Iraqi Drilling Company (IDC) to provide services and project management for the drilling and completion of twenty wells in the Al-Nasiriyah field in the Dhi Qar province in southern Iraq. Basim Khudair, General Director for…
Ørsted and Van Oord have installed all 94 array cables connecting the turbines of the Borssele 1 & 2 offshore wind farm in the Dutch North Sea. The installation started, ahead of schedule, in February 2020. Van Oord’s cable-laying vessel Nexus installed the…
The fossil fuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global Covid-19 pandemic is pushing it over the edge and into “terminal decline”. Although global coal consumption…
Beach Energy Ltd, Adelaide, and Bridgeport Energy Ltd, Sydney, have been awarded two new exploration permits in the inshore sector of Otway basin of south-west Victoria. The Victorian Minister for Resources, Jaclyn Symes, said the permits are in State waters near Portland and Port…
Dutch exploration and production operator Tulip Oil has reduced its gas production from the Q10-A gas field located in the Dutch sector of the North Sea due to low gas prices. The Q10-A field started producing gas in February 2019. The development required the…
China National Petroleum Corporation (CNPC) has pledged to reduce its methane emission intensity by 50 percent between 2019 and 2025, the Oil and Gas Climate Initiative (OGCI) has revealed. To achieve this target, the OGCI member has installed 48 methane recovery stations, with a capacity…
President Energy, the energy company with a diverse portfolio of production and exploration assets focused primarily in Argentina, has provided an update on its drilling and workover plans in Rio Negro Province. On 15 June 2020 the Company, inter alia, announced preliminary details of drilling…
Leveraging industry-leading multi-brand service capabilities, Vestas has secured a service agreement for the Croatian wind energy project Orjak in northern Croatia from VJETROELEKTRANA ORJAK d.o.o., a daughter company of ECOwind Handels-und Wartungs-GmbH, which is a subsidiary of global renewable energy developer BayWa r.e. Vestas…
