- Oil & Gas
French oil and gas company Maurel & Prom to invest in Venezuelan field
French oil and gas E&P company Maurel & Prom will invest USD 400 million in an oil field in Venezuela,…
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A new era for Equinor on the UKCS
Equinor and Chevron have completed their transaction announced in 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the…
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BP plans for significant growth in deepwater Gulf of Mexico
BP announced on January 8 that it has approved a major expansion at the Atlantis field in the U.S. Gulf…
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Odfjell Drilling’s new semi-submersible rig to work for Aker BP
Odfjell Drilling has taken delivery of Deepsea Nordkapp semi-submersible from Samsung Heavy Industries in South Korea.
Read More » - Metals & Mining
Paul Wurth becomes new lead investor and technology partner of Sunfire
Sunfire GmbH, developer and manufacturer of highly efficient electrolysers and fuel cells, secured 25 million euros venture capital in a…
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Enel X and Infracapital launch energy services platform for business clients
Enel X and Infracapital have signed a deal to launch a platform dedicated to energy efficiency projects for Italian commercial…
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Vår Energi awards Jotun FEED contract to Aker Solutions
Vår Energi is progressing the redevelopment of the Balder and Ringhorne area, and a FEED contract for the Jotun FPSO…
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World’s highest voltage of 400 kV with crosslinked polyethylene insulated DC cable
Sumitomo Electric Industries announces that it has completed the connection of a high-voltage direct current (HVDC) interconnector cable system between…
Read More » - Renewables
Allianz to acquire the largest solar project in Portugal
Allianz Capital Partners on behalf of Allianz insurance companies (Allianz) has signed the acquisition of the 218.8-megawatt (MW) Solara project…
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New Propane Dehydrogenation technology
KBR announces that it has developed a new Propane Dehydrogenation (PDH) technology (K-PROTM) that offers high propylene selectivity and conversion.
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The 40 percent stake in Ghasha concession now completed
The concession is located offshore Abu Dhabi and consists of three major gas and condensate development projects Hail, Ghasha and…
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ACUE warns of the turnover tax for energy companies hit
ACUE expresses its deep concerns following the latest political statements stigmatizing energy companies and the associated rumours about the introduction…
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EIB supports extension of Romania’s natural gas transmission infrastructure
The European Investment Bank (EIB) is lending EUR 50 million – the first tranche of an approved loan of EUR…
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Romania to recover incompatible aid from Oltchim
The European Commission has found that Romanian petrochemical company Oltchim received around EUR 335 million of incompatible aid from Romania,…
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Gazprom and LUKOIL preparing to set up joint venture to develop Vaneyvisskoye and Layavozhskoye fields
The parties discussed current issues related to bilateral cooperation, including the development project for the Vaneyvisskoye and Layavozhskoye fields in…
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Revolutionising oil & gas tracing and tagging
Advances in technology are removing the need for harmful tracer chemicals in upstream oil and gas exploration and production.
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New independent leader in the exploration and production of hydrocarbons in Norway
Eni announces on December 12 the completion of the merger of Point Resources AS and Eni Norge AS – an…
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First petroleum products company to achieve UL’s Zero Waste to Landfill Silver validation
ExxonMobil has received the Zero Waste to Landfill Silver validation from UL, making it the first petroleum products company to…
Read More » - Construction
Badger Company taking part in development of the expansion of Rubis Terminal
Badger Company is taking part of the further development of the next phase for the expansion of Rubis Terminal’s storage…
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Draft Order approving the technical rule for prosumers with injection of active power in the grid
ANRE submits for public consultation a draft order, drawn up as a result of the fact that at national level…
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