Italy’s Eni has signed a deal with Caelus Natural Resources to take over 70% and operatorship of the Oooguruk oil field in the Beaufort Sea, offshore Alaska for an undisclosed sum. With this, Eni will hold a 100% percent interest in the project. …
Ukraine has launched its first oil and gas licensing round online. Ten parcels were put up for the first round of international oil and gas auctions in the ProZorro.Sale system. “In the future, we plan to put up from five to ten monthly, and…
TAG Oil reports that at the special meeting of TAG’s shareholders held on the 3rd January, TAG’s shareholders approved the proposed special resolution regarding the arm’s length sale of substantially all of TAG’s Taranaki Basin assets and operations in New Zealand to Malaysian-based Tamarind Resources…
Marking another key milestone in establishing the Russian wind industry, Vestas has been awarded an order for the 198 MW Kamensko-Krasnosulinsky project from WEDF Second Wind Farm LLC, a joint venture between Rusnano and Fortum. Located in the Rostov region (south-western Russia), the project…
Vestas has received a 29 MW repowering order from the Danish utility company NRGi Renewables A/S for the Tagmark wind park in Thisted Municipality in north-western Jutland. The repowering project is derived from Denmark’s first energy-neutral auction held in November 2018. The site…
On the heels of a year when the oil and gas industry saw oil hit a four-year, recruiters said they planned to recruit more and Qatar surprised everybody by leaving OPEC, many are optimistic about the future. Leaders from Ernst & Young LLP weighed…
Rosetti Marino has decided not to go ahead with its planned acquisition of the Heerema Fabrication Group (HFG) yard in Zwijndrecht, despite signing a letter of intent last month. The company took the decision in light of recent adverse market conditions and the uncertainty…
Faroe Petroleum has failed to find hydrocarbons at its Brasse East exploration well in the North Sea, off Norway, while the Brasse appraisal side-track well encountered hydrocarbons. On the 2nd January Faroe said the Brasse East exploration well 31/7-3 S had targeted a separate…
AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following corporate update. Sea Lion Phase 1, North Falkland Basin (RKH 40% working interest) Good progress continues to be made…
Total and its partners have started production from Egina oil field, which lies in 1,600 m of water 150 kilometres offshore Nigeria. The field, at plateau, will produce 200,000 b/d of oil, which represents about 10% of Nigeria’s production. The field is being developed…
