Aker Energy has reported an oil discovery with its Pecan South-1A well on the Deep-water Tano Cape Three Points (DWT-CTP) block offshore Ghana. The Maersk Viking drillship will drill a side-track appraisal well, said block operator Aker Energy. The Pecan South-1A is south…
The Victorian government has announced changes to the state’s planning rules to smooth the way for booming large-scale solar and wind energy development, at it works its way to a target of 50 per cent renewables by 2030. Minister for Planning Richard Wynne said…
Victoria Oil & Gas, the integrated natural gas producing utility company in Cameroon, has announced a £12.6 million (US$16.5 million) equity fundraise. Highlights Binding conditional direct share subscription by YF Finance Limited to raise £6.5 million Proposed Placing to raise up to £6.1 million…
UK-based independent oil and gas company RockRose Energy has made a formal approach to the board of directors of compatriot Independent Oil and Gas (IOG) with a proposal for an all cash takeover offer for IOG, but IOG has rejected the offer. RockRose made…
Two new platforms are ready to start operations at Phase 13 of the South Pars gas field in the Persian Gulf, according to news service Shana. The location is in the north-western part of the field. Iranian contractors SADRA and Tesco delivered platforms…
China has announced it will form a national oil and pipeline company, the first public acknowledgment of the massive energy industry overhaul planned since at least 2014. The creation of the pipeline company was mentioned in the National Development & Reform Commission’s work report…
ExxonMobil plans to increase its Permian basin production to one million boe/d by as early as 2024, which would be an 80% increase of its current production in west Texas and south-eastern New Mexico. Other companies – including Chevron, BP, Royal Dutch Shell and…
Algeria is Africa’s leading natural gas producer and it possesses the third-largest oil reserves in the region, even with only one-third of the country adequately explored. Sonatrach, Algeria’s National Oil Company is the driving force behind Algeria becoming one of the most important countries…
Sparrows Group Cable and Pipe Lay Solutions (CPLS) division more than doubled its business during 2018 thanks to an upsurge in activity in the renewables market. This included the successful delivery of its largest renewables project to date as part of three contracts awarded…
The Dutch Public Prosecution Service announced on the 1st March that it would prosecute Royal Dutch Shell for an explosion in 2014 at its Moerdijk petrochemical plant and for the release of tonnes of carcinogenic ethylene oxide from the site in 2015 and 2016. …
