The Myanmar-China natural gas pipeline is now delivering hydrocarbons produced from the Bay of Bengal, offshore Myanmar, to China. The soon-to-be complete, parallel oil pipeline will transport Middle East and African oil. The pipeline projects have five investors from four countries: China…
Scottish Ministers have approved plans for the first first tidal energy project in Scotland's Pentland Firth. MeyGen's project will be the largest tidal array in Europe when it is built. It will be installed in stages, beginning with a 9MW demonstration project of up to six turbines…
A plan by ConocoPhillips (UK) and co-venturer Chevron North Sea to develop the central North Sea Enochdhu field has been approved by the UK’s Department of Energy and Climate Change (DECC). ConocoPhillips, operator, expects first production to start in late 2014…
Centrica Energy is to extend its contract for the Hummingbird Spirit until March 2016. The cylindrical FPSO, owned by Teekay, has been operating on the Centrica-operated Chestnut field, north east of Aberdeen, in the central North Sea since 2008…
UK Trade & Investment presented a varied session on petroleum investment opportunities in East and West Africa today, focusing on Kenya, Tanzania, Uganda, Mozambique, and Ghana. Mrs. Wanjiku Manyara, general manager of the Petroleum Institute of East Africa…
UK Trade & Investment offered a session on petroleum investment opportunities in Mexico on Wednesday, presented by Enrique Cornejo, head of energy & environment for UKTI in Mexico City. Mexico’s national oil company, Petroleos Mexicanos (PEMEX)…
Craig Group announced the investment of £70million to build six new vessels at the Balenciaga Shipyard in northern Spain. Four D-class IMT 950 Emergency Response and Rescue Vessels (ERRV) and two F-class IMT 958 ERRVs will be delivered during 2014 and early 2016…
Venezuela and Trinidad and Tobago announced Wednesday that the former’s state-held oil company Petróleos de Venezuela, S.A. (PDVSA) will develop an offshore natural gas field in partnership with Chevron. This agreement marks the end of a…
Genel Energy chief executive Tony Hayward will give the keynote presentation in today’s SPE Offshore Europe session, The Independent Oil Company—Mighty oaks from little acorns grow (10-12.30pm, Gordon B). We asked the former BP chief executive…
More people, more wealth, more energy demand—that has been the story of the world’s civilization over the past 250 years, and it is expected to continue. That is one of the messages from BP chief economist Christof Ruehl, who will lead…
Eni has made a new high impact discovery at Agulha exploration prospect, in Area 4, offshore Mozambique.The discovery opens a new exploration play in the southern part of Area 4. Preliminary estimates show that the Agulha structure could contain 5 to 7 Trillion cu ft of gas in place…
This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing…
Faroe Petroleum completed the acquisition of a 10% non-operated interest in the BP-operated East Foinaven oil field and a 0.5% interest in the West of Shetland Pipeline System, both from Marubeni Oil & Gas (North Sea) Ltd . The net consideration payable for the acquisition of the interests…
Centrica Energy has paid tribute to the life of one of its pioneering exploration engineers who first discovered gas in Morecambe Bay Retired Chief Petrophysicist John Bains has died following a distinguished career which saw him discover one of the UK’s largest gas fields…
Wood Mackenzie presented its view of the role of independent oil and gas companies globally in the keynote session: “The independent oil company – mighty oaks from little acorns grow.” This peer group has been at the forefront of conventional exploration…
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