News

  • Auction Win Secures Vestas’ Largest Order to Date in Poland

    Vestas has received a 132 MW order from Windfarm Polska III sp z o o, owned by Stadtwerke München (SWM), for the Jasna wind project Pomorskie Voivodship, in northern Poland.   Underlining the strong competitiveness of wind energy, the project was awarded at the Polish…

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  • ExxonMobil to Expand UK Refinery

    Exxon Mobil Corporation has made a final investment decision to expand its Fawley refinery near Southampton, the company reported on the 24th April.   ExxonMobil stated that it plans to increase ultra-low sulphur diesel (ULSD) production at Fawley by nearly 45 percent – or 38,000…

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  • Lundin gets go ahead for North Sea pilot wells

    Lundin Norway will drill two gas pilot wells in North Sea block 16/4, following approval from the Norwegian Petroleum Safety Authority.   The semi-submersible Leiv Eiriksson will initiate the 24-day program next month on wells 16/4-U-2/3/4/5/6 in production licence 359.   Source: Offshore Magazine

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  • Shell strikes oil at Blacktip prospect in Gulf of Mexico

    Oil major Shell has made a significant oil discovery at the Blacktip prospect in the deep water US Gulf of Mexico.   Shell said on the 24th April that evaluation is ongoing and appraisal planning is underway to further delineate the discovery and define development…

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  • Iraq gas production set to triple

    Gas developments in Iraq will overtake oil projects in 2019, measured in resources sanctioned for development, according to analysis from Rystad Energy.   New developments are on track to triple the country’s gas production from just over one bcfd in 2017 to about three bcfd…

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  • ExxonMobil Signs 20-year LNG Agreement With Zhejiang Energy

    ExxonMobil has signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas supply.   Under the agreement, Zhejiang Energy is expected to receive one million metric tons per annum of LNG over 20 years.   “This sales and purchase agreement…

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  • Equinor, SOCAR to drill offshore Azerbaijan

    Equinor and partner SOCAR plan to drill an appraisal well later this year in the Karabagh licence in the Azeri sector of the Caspian Sea, on a discovery from 2000.   They will likely follow up with the Aypara exploration well in the Ashrafi, Dan…

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