The Neutrino Energy Group is the world’s pre-eminent developer of neutrino energy technology. With CEO Holger Thorsten Schubart at the helm, this partnership of American and German organisations seeks to solve today’s fossil fuel crisis with the power of neutrinos. Banks Will No Longer…
Arnlea, a global leader in industrial mobile software for tracking, inspection and maintenance work in the oil and gas industry, has launched a new version of its software product for use in hazardous areas of operations. The upgraded IntrinsixEX is set to capitalise on the increasing…
Alberta’s oil production curbs finally appear to be draining inventories, at least for now. Crude supplies in Western Canada fell by 2.75 million barrels last month to the lowest since November 2017, Genscape Inc said on the 7th August. The decline is welcome…
Dutch FPSO provider SBM Offshore has revealed that a Chinese yard has started building its third Fast4Ward FPSO hull. Fast4Ward is SBM Offshore’s me aimed to standardize the FPSO construction and delivery process, thus reducing cost and speeding up the time to the market…
A Chinese company has reportedly signed a US$1.39-billion construction contract in Iraq. According to Xinhua, China Construction Third Engineering Bureau will implement civil engineering projects and infrastructure in southern Iraq, including low-cost housing, education, medical centres, and facilities projects in governorates of Najaf, Karbala…
Chevron Corporation said on the 8th August that it has launched one of the world’s largest carbon capture and storage projects, injecting CO2 into a deep reservoir under an island off Western Australia at its Gorgon LNG project. The carbon storage project was delayed…
BP and Reliance Industries Limited (RIL) have announced that they have agreed to form a new joint venture which will include a retail service station network and aviation fuels business across India. Building on Reliance’s existing Indian fuel retailing network and an aviation fuel…
Independent Oil and Gas Plc (IOG) spudded the Harvey appraisal well in the North Sea, the company announced on the 7th August. The UK producer used the Maersk Resilient jack-up to drill the well, which is located in the UK Southern North Sea Blocks…
The Abu Dhabi National Oil Company (ADNOC) revealed on the 7th August that it will acquire a ten percent equity stake in global storage terminal owner and operator VTTI BV. Following the transaction, VTTI will be owned ten percent by ADNOC, 45 percent by…
The Irish Government has approved Europa Oil & Gas’ application to convert Licensing Option 16/20 in the Slyne basin offshore Ireland to Frontier Exploration Licence 4/19 (FEL 4/19). The 100 percent-owned licence includes Europa’s flagship Inishkea prospect which lies north-west of, and abuts, the…
