As announced on 31 January 2020, Lundin Petroleum concluded a transaction with OX2 AB to acquire a 100 percent interest in the MUSD 200 MLK wind farm project, which will produce around 400 GWh per annum gross, once it is fully operational in 2022, from…
Lloyd’s closes the Underwriting Room Insurance market Lloyd’s of London closed its Underwriting Room from 4 pm on the 19th March because of the coronavirus crisis. On the 13th March it closed its Underwriting Room, which is at the heart of its Lime Street…
Superior Pipeline Company LLC has entered a long-term, fee-based gas gathering and processing agreement with an active producer in the STACK play. It replaces a prior contract with Superior, expanding the producer’s dedication area to 345,000 gross acres. The Cashion system includes two cryogenic…
Tracerco, part of Johnson Matthey Plc, has recently been awarded a deep-water subsea inspection project to assess the integrity of a new pipelay in the Gulf of Mexico (GoM). As a method of ensuring maximum value and profitability, whilst safeguarding operational personnel and the…
Oil and gas company Energean expects to see its hull for the Energean Power FPSO sail away from China to Singapore in the coming weeks. The first gas from the Karish project, located offshore Israel, is on track to be delivered in the first…
JinkoSolar, the world’s largest solar panel maker, has reported record high quarterly sales, revenue and profit for the fourth quarter of last year on the back of strong demand for its products. The company said it shipped 4,538 MW of modules in the fourth quarter,…
Equinor has permission from Norway’s Petroleum Safety Authority (PSA) to use facilities to tie Wintershall Dea’s Dvalin subsea field development in the Norwegian Sea to the Heidrun field infrastructure. Dvalin’s well stream will be exported to the Heidrun TLP for processing. From there the…
Unity, Europe’s largest provider of well integrity technology, services and engineering solutions, has been awarded a three-year contract by Spirit Energy to maintain wellhead equipment across twelve platforms in the East Irish Sea, Southern North Sea and the Dutch sector of the North Sea. …
Oil & Gas UK (OGUK) has convened a Pandemic Steering Group, comprised of representatives from across the industry. Its remit is to identify and address the challenges of maintain offshore operations at present and ensuring communication with relevant stakeholders and government agencies. The…
Total revealed on the 17th March that it has made an “encouraging” gas and condensate discovery in the Central North Sea through the Isabella 30/12d-11 well in licence P1820. The well encountered 209 feet of net pay lean gas and condensate and high-quality light…
