The Government of Australia has committed A$250 million (US$180 million) to a new programme which will accelerate the development of commercial-scale carbon capture, use, and storage (CCUS) projects across Australia. The Government said in a statement that the CCUS programme could create up to…
Oil and gas company Lundin Energy has achieved the first oil from the Solveig field, a subsea tie-back development into the Edvard Grieg platform in the North Sea offshore Norway. The field development plan was submitted in March 2019 and approved in June of…
Suncor Energy Inc, Calgary, has assumed operatorship of the Syncrude joint venture oil sands project. The deal was announced in fourth-quarter 2020. Cumulative Syncrude production at the time exceeded three billion bbl. In the Regional Municipality of Wood Buffalo (RMWB), Suncor operates its…
McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organisations, and research institutions collaborating towards green hydrogen energy production in the North Sea. AquaVentus aims to develop ten gigawatts of generation capacity for green hydrogen from offshore wind turbines in the…
GE Renewable Energy has announced that it has been selected by Energie Eolienne du Maroc (EEM), a leading developer of wind projects and a wholly-owned subsidiary of Nareva Holding, to supply 40 onshore wind turbines for the 200 MW Aftissat onshore wind farm extension in…
Poland has joined a growing group of countries seeking European Union action to curb surging gas and energy prices, as governments take steps to protect consumers from higher bills. Benchmark European gas prices have rocketed as tight supply has collided with high demand in economies recovering from the…
Russia’s oil and gas company Rosneft has entered into agreements on carbon management collaboration with Norwegian giant Equinor and US supermajor ExxonMobil. ExxonMobil and Rosneft signed a Memorandum of Understanding to cooperate on the assessment of lower-carbon technologies to reduce greenhouse gas emissions from…
Oilfield services provider Wood is expanding operations in the southern North Sea following the award of a new operations and maintenance contract with Shell and Nederlandse Aardolie Maatschappij (NAM). Under the three-year contract, which comes with two one-year options to extend, Wood will provide…
Eni CEO Claudio Descalzi has held talks with Abdulhamid Dbeibah, the Prime Minister of the Government of National Unity of Libya, on future energy developments in the country. Mr Descalzi confirmed Eni’s commitment to its operational activities and projects in Libya, with a focus…
The semi-submersible Maersk Developer has P&A’d the Keskesi South-1 appraisal well on block 58 offshore Suriname for operator TotalEnergies and partner APA Corporation. According to APA, the well, situated 6.2 km (3.85 miles) from the Keskesi East-1 discovery, delivered non-commercial quantities of hydrocarbons and…
