As more and more customers are seeking to reduce their carbon footprint, Scania now launches its concept for hybrid and fully electric power systems. “Our in-house developed electrification concept draws on our experience from electrifying on-road vehicles,” said Joel Granath, Senior Vice President, Scania….
Adani Green Energy (AGEL) has won the first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI). As a part of the award, AGEL will develop 8 GW of solar projects along with a commitment that will see…
Newly reprocessed 2D and reinterpreted 3D seismic data in onshore North Perth basin permits in Western Australia has improved the imaging of both the South Erregulla and Waylering gas prospects, Strike Energy Ltd has said. At South Erregulla in EP469, reprocessing of 23 historical…
Oversupply is a thing of the past as long as OPEC+ compliance stays strong and the oil demand recovery trajectory isn’t radically altered. That’s according to Rystad Energy, which made the comment in a statement sent to Rigzone on the 8th June. The…
Norwegian energy giant Equinor is testing two newbuild liquefied natural gas-powered shuttle tankers it has chartered for operations in the North Sea. The first tanker Eagle Blane is owned by Malaysian shipowner AET, while the second vessel Rainbow Spirit belongs to Teekay’s Altera. Eagle Blane…
Hurricane Energy has issued an update on the early production system at the basement Lancaster oil field west of Shetland. One of the two wells, 205/21a-6, has been producing on its own since the 17th May at around 10,300 b/d with a stable water…
On the UN’s World Oceans Day (8th June), Equinor launched its ambitions for reducing own emissions from ships and how the company will contribute to decarbonising shipping. Equinor’s maritime climate ambitions are embedded in the company’s climate roadmap launched on 6 February 2020. The…
Bahamas Petroleum Company has announced that, in its efforts to expand the Company’s portfolio options, it has been awarded the AREA OFF-1 petroleum licence offshore Uruguay. Highlights BPC has been awarded the OFF-1 licence, offshore Uruguay OFF-1 contains a management estimated resource…
Gazprom Neft subsidiary Bazhenov Technology Centre will drill and complete in the Salymsky-3 block for commercial development of the Bazhenov formation, Khanty-Mansi Autonomous Okrug-Yugra of western Siberia. Commercial production of non-conventional oil is expected in 2025. The first exploration and appraisal well, with a one km-plus horizontal section,…
Lloyd’s Creates Single Body for Governance to Improve Speed, Efficiency of Decisions Lloyd’s has announced it has merged the Council of Lloyd’s with the Franchise Board, creating one body to govern the marketplace. The decision to merge the two entities was first announced in…
