Africa focussed Australian oil and gas FAR Limited has begun front-end engineering design (FEED) activities for phase-one development of its SNE oil field offshore Senegal.The FEED will aim to finalise budget, schedule and technical definition…
UK based oil and gas development & production company Independent Oil and Gas Plc (IOG)cautioned that current oil price volatility and capital market conditions aren’t conducive to deliver its financing plan for the core Southern North Sea project before year-end…
BW Offshore and Panoro Energy have agreed on a final investment decision (FID) for the Dussafu project offshore Gabon, with first oil set for next year. Map of Dussafu, from Panoro. Panoro…
VNG Norge is targeting a final investment decision on its Pil and Bue development in the Norwegian Sea by the end of this year. Map of Pil & Bue, from VNG. Pil and Bue ('arrow'…
Fractured basement reservoir explorer Hurricane Energy says its previous 300 MMbbl estimate for the Lancaster field, west of Shetland is conservative. The firm has completed technical analysis of the Lancaster, Lincoln and Warwick assets…
ABB has signed a project specific agreement for the safety and automation system with Statoil for the Johan Castberg offshore oil field development. Statoil has issued the first call-off from the agreement covering front-end engineering and design (FEED)…
DONG Energy has signed an agreement to acquire a 35% ownership interest in Taiwan's first commercial offshore wind farm from local developer Swancor Renewable. Formosa I comprises two phases. Phase I has a total capacity of 8MW and consists…
ExxonMobil has picked SBM Offshore to perform front-end engineering and design (FEED) for the floating production and storage offload unit (FPSO) for the supermajor’s Liza development offshore Guyana. In addition, subject to a final investment decision (FID)…
Partners in the Leviathan field offshore Israel have secured US$1.5-1.75 billion funding towards the field development project. Delek Drilling and Avner Oil Exploration secured the cash from HSBC Bank and J.P. Morgan. It will be released in tranches…
Ophir Energy, Golar LNG and oilfield services giant Schlumberger have agreed to form a joint operating company to develop the Fortuna field, offshore Equatorial Guinea, Africa. The project will use Golar's floating LNG technology and…
Danish energy group DONG Energy has made a final investment decision (FID) to build the giant Hornsea Project One offshore wind farm. Once built, Hornsea will be the world's first offshore wind farm with more than 1000 MW capacity. Located 120km off the Yorkshire coast…
After postponing a final investment decision due to the low oil prices last December, Australian operator Woodside Petroleum has announced it will press forward into the FEED phase for its long-struggling Browse LNG mega project. The…
DONG Energy is constructing the offshore wind farm Burbo Bank Extension located 8km off the United Kingdom coast in Liverpool Bay. Image of DONG's Barrow Offshore Wind Farm. From DONG. Burbo…
Malaysia's national oil and gas company Petroliam Nasional Bhd (Petronas) projected to make a final investment decision on a floating liquefied natural gas (FLNG) project for the Rotan field in Block H, offshore Sabah, in 2H 2013. The Malaysian Business Times reports that once sanctioned…
Chevron U.S.A. Inc. to construct an office building in downtown Houston to accommodate its business growth and expanding workforce in the world’s energy capital. The 50-story, 1.7 million-square-foot building will be located at 1600 Louisiana Street at Pease…
Subscribe
