As anticipated in the 2019 Annual Report, on the 18th June Cadogan Petroleum and Ukrnafta signed two lease contracts’ prolongation for the wells of Blazhiv-3 and Blazhiv-3-Monastyrets in the Ukraine. The Company is pleased to announce the resumption of production from these two wells….
Rolls-Royce has expanded the business formerly run as Qinous GmbH into a Microgrid Competence Centre. In January, we announced that we had acquired a 73.1% majority stake in the Berlin-based electricity storage specialist. The renaming of Qinous as Rolls-Royce Solutions Berlin GmbH and expansion…
Wintershall Dea has approval from the Norwegian Petroleum Safety Authority (PSA) to use new facilities for the subsea Dvalin field development in licence 435 in the central Norwegian Sea. Dvalin, in a water depth of 385 metres (1,263 feet), was discovered in 210, 15…
OPEC’s Joint Ministerial Monitoring Committee (JMMC) has made assurances of achieving 100 per cent conformity in oil production cuts from all participating countries during the next three months. The 19th JMMC meeting was held via videoconference on Thursday, 18 June 2020. It was chaired…
The cluster of oil tankers off China’s coast is growing and the vessels are waiting longer to offload their cargoes amid a lack of onshore storage space after a buying spree earlier this year. The number of oil-laden tankers parked in Chinese waters has swelled since…
Wood, the global engineering and consulting company, has secured two solar engineering, procurement and construction (EPC) contracts from an American power and energy company worth over US$200 million. Wood was selected following a competitive tender process and will be responsible for delivering two major…
The technology group Wärtsilä’s experience and leading position in the development of battery and hybrid propulsion vessel solutions has been recognised with the award of a contract to design and equip two new zero-emissions ferries. The ships are to be built for Norwegian operator…
The Offshore Wind Accelerator (OWA) has released a recommended boat landing geometry design for offshore wind developers and crew transfer vessel (CTV) owners and operators. OWA is a collaborative research, development, and deployment program between the Carbon Trust and nine offshore wind developers. …
Trillion Energy International Inc is formulating a comprehensive redevelopment programme for the South Akcakoca Gas-Basin (SASB) gas fields in the Black Sea to increase production levels by accessing additional proven gas reserves. The company conducted operations to extend the life of the Phase I…
PICO GoS Limited, a Cheiron Group company, has achieved the first oil production from its appraisal well GNN-4 in the Geisum Concession in Egypt’s Gulf of Suez. The Geisum Concession is located offshore Egypt in the Southern Gulf of Suez in shallow waters with…
