Australia is about to see its largest-ever wave of offshore development wells which reach the end of their producing life and need to be decommissioned, according to energy intelligence firm Rystad Energy. This task is both adding headaches for producers and creating a multibillion-dollar…
Air Products, the world leader in hydrogen production, and its subsidiary Air Products Canada Ltd, in conjunction with the Government of Canada and the Province of Alberta, have announced a multi-billion dollar plan to build a landmark new net-zero hydrogen energy complex which will make…
Russian oil pipeline monopoly Transneft said on the 9th June that it will halt oil shipments to Poland via the Druzhba pipeline for four days to carry out maintenance work, the Interfax news agency reported. The Soviet-built Druzhba pipeline, named after the Russian word…
A US$9 billion dollar oil pipeline which became a symbol of the rising political clout of climate change advocates and a flash point in US-Canada relations was officially cancelled on the 9th June. Keystone XL, which was proposed in 2008 to bring oil from Canada’s Western tar sands to…
ExxonMobil and its partners have discovered oil with the Longtail-3 well on the Stabroek block offshore Guyana. The well intersected 230 feet (70 metres) of net pay, including newly identified, good-quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals (256 feet/78 metres of…
Singapore’s Jadestone Energy expects to complete the acquisition of the 69 per cent operated interest in the Maari asset, located in the shallow water offshore New Zealand, from OMV in 2H 2021. Jadestone entered into an agreement with OMV for the acquisition of a…
An African nation emerging from decades of conflict and corruption holds the key to greening the global economy. That’s the view of mining magnate Robert Friedland, whose Kamoa-Kakula venture just started producing copper in the Democratic Republic of the Congo. After scouring 59 countries…
US Secretary of State Antony Blinken said on the 8th June that Washington was working with Germany to try to mitigate any effects of the completion of the Russian Nord Stream 2 natural gas pipeline. He also indicated that more penalties could be in…
Equinor ASA has taken delivery from Aker Solutions ASA of a jacket for Phase 2 of Johan Sverdrup field, Norway. Three platform jackets had previously been delivered for Phase 1. With this new jacket, four out of a total of five jackets have been…
The Moray East offshore wind farm exported first power to the national grid via its new substation south of New Deer in Aberdeenshire on the 5th June 2021. The 950-MW wind farm is being developed by Moray Offshore Windfarm East Ltd, which is a…
