Tag Archives: gas

The oil and gas industry in 2019: Regulation topped the list of factors most likely to drive oil and gas companies to decarbonize their operations in 2019

Confidence in the outlook for the oil and gas sector more than doubles in two years – up from 32% to 76%. 70% of senior industry professionals expect to increase or maintain capital expenditure in 2019 A third (34%) expect … Read the full press release

La demanda de gas natural en España bate récord: 16 de enero, los 1.540 GWh, la cifra más alta desde el 5 diciembre de 2017

El consumo de gas natural en España alcanza los 1.540 GWh, el valor más alto desde 2017 Este récord se debe principalmente a los efectos de las bajas temperaturas y a una alta demanda de gas natural para generación de electricidad, … Read the full press release

Birmingham is the home of British Gas’ 6 millionth smart meter

British Gas has installed 6 million smart meters in homes and offered smart meters to all eligible customers British Gas is leading the smart meter roll out with more installed than any other supplier, despite slower take-up than the government … Read the full press release

BMT to provide engineering services for the Pengarang Deepwater Terminals development in Johor, Malaysia

Teddington, Middlesex, U.K., 19-Dec-2018 — /EuropaWire/ — BMT has been appointed by a major international EPC contractor to provide engineering services for the Pengarang Deepwater Terminals development, a major petrochemical and petroleum terminal in Johor, Malaysia. Pengerang Deepwater Terminals has the … Read the full press release

Gas production from Aasta Hansteen field opens a new region for gas export to Europe

Stavanger, Norway, 17-Dec-2018 — On 16 December Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea. Today, 17 December gas from the Aasta Hansteen field is available to the market for the first … Read the full press release

BP upgrades U.S. onshore oil and gas portfolio with the completion of $10.5 billion acquisition of BHP assets

BP’s Lower 48 business changes name to BPX Energy, marking new era of growth HOUSTON, TX, USA, 01-Nov-2018 — /EuropaWire/ — BP has completed the $10.5 billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade … Read the full press release

Eni, Total and Algeria’s state oil company Sonatrach sign exclusive partnership for offshore exploration in Algeria

Eni, Sonatrach and Total signed two agreements which include an exclusive partnership for offshore exploration in Algeria in a virtually unexplored geological province. Algiers, Algeria, 30-Oct-2018 — /EuropaWire/ — The Chairman and Director General of Algeria’s state oil company Sonatrach, … Read the full press release

PGNiG to increase the production of natural gas in Norway

WARSAW, 25-Oct-2018 — /EuropaWire/ — The gas reserves of the Fogelberg field are estimated at between 7 and 14 bcm. The start of commercial production is in line with the plans of PGNiG as the company seeks to increase the production … Read the full press release

Eni further strengthens its presence in Mozambique with acquisition of new exclusive exploration and development rights

With this acquisition, Eni further strengthens its presence in Mozambique, a country that has a strategic relevance for the company. San Donato Milanese (Milan), 19-Oct-2018 — /EuropaWire/ — At the presence of the Ministry for Mineral Resources and Energy Ernesto Max Tonela, … Read the full press release

BP and Eni and Libya’s National Oil Corporation to resume exploration activities in Libya

Libya’s National Oil Corporation, BP and Eni today signed an agreement expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya.  LONDON, 09-Oct-2018 — /EuropaWire/ — A letter of … Read the full press release

Sonatrach and Total to carry out joint petrochemical project in Arzew, western Algeria

PARIS, 09-Oct-2018 — /EuropaWire/ — Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017: A new concession contract to jointly develop the Erg Issouane gas field located on the TFT Sud permit, signed by Sonatrach, … Read the full press release

Wintershall DEA: BASF and LetterOne merges their respective oil and gas businesses

BASF and LetterOne will create the leading independent European oil and gas company LUDWIGSHAFEN, 01-Oct-2018 — /EuropaWire/ — BASF and LetterOne signed a definitive transaction agreement to merge their respective oil and gas businesses in a joint venture, which will operate … Read the full press release

Royal Dutch Shell to maintain methane emissions intensity below 0.2% by 2025

Royal Dutch Shell plc (Shell) today announced a target to maintain methane emissions intensity below 0.2% by 2025. This target covers all oil and gas assets for which Shell is the operator. The HAGUE, 17-Sep-2018 — /EuropaWire/ — “This methane target … Read the full press release

Cloud-based advanced analytics solution co-developed with BHGE will be installed on BP’s upstream assets around the world

Advanced analytics solution, developed with BHGE, will be installed on BP’s upstream assets around the world HOUSTON, TX, USA, 07-Sep-2018 — /EuropaWire/ — BP announced today that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed … Read the full press release

StormGeo becomes a one-stop-shop for digital navigation and planning for the modern maritime industry with the acquisition of Nautisk

STOCKHOLM, 05-Sep-2018 — /EuropaWire/ — The quote “A little rain never hurt anybody” is not a wise recommendation. At least not if you ask EQT portfolio company StormGeo – the leading provider of weather intelligence and decision support for companies operating … Read the full press release

Total to sell ts 26% minority equity stake in Hazira LNG regasification terminal in India to Shell

PARIS, 29-Aug-2018 — /EuropaWire/ — Total has signed a binding Letter of Intent (LOI) with Shell for the sale of its 26% minority equity stake in Hazira LNG regasification terminal in India. The transaction remains subject to the approval of regulatory … Read the full press release

EBRD invests EUR 100 million in a new seven-year €550 million bond issue by the Bulgarian Energy Holding (BEH)

EBRD invests €100 million in new bond issue of Bulgarian Energy Holding (BEH) BEH to refinance its 2013 issue and continue supporting liberalisation of electricity sector Largest corporate bond with longest tenor will deepen capital market LONDON, 15-Aug-2018 — /EuropaWire/ … Read the full press release

Eni receives new offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea

Eni granted new exploration license named “Nour” located in the prolific East Nile Delta Basin of the Mediterranean Sea in Egypt San Donato Milanese (Milan), 15-Aug-2018 — /EuropaWire/ — Eni announces that a new Concession Agreement, aimed at governing an offshore … Read the full press release

Eni announces new and extended Concession Agreements in Egypt

A new Nile Delta Concession Agreement allowing a ten-year extension of the Abu Madi West Development Lease, where the Nooros field is located, and a five-year extension of the Ras Qattara Concession Agreement approved. San Donato Milanese (Milan), 15-Aug-2018 — … Read the full press release

Eni and Snam to create 20 new CNG refuelling stations for vehicles in Italy

Eni’s aim is to further strengthen its sustainable mobility offering with this initiative. ROME/ MILAN, 14-Aug-2018 — /EuropaWire/ — Eni and Snam, through its subsidiary Snam4Mobility, have signed a second contract implementing the framework agreement signed in May 2017, aimed … Read the full press release

Eni announces Development Plan approval for the discoveries of Amoca, Miztón and Tecoalli in Area 1, offshore Mexico

This achievement occurs just 32 months after Eni signed the Area 1 Production Sharing Contract (PSC), won in an international bid round, and 17 months after the drilling of the first well. San Donato Milanese (Milan), 06-Aug-2018 — /EuropaWire/ — … Read the full press release

Total President Exploration & Production Arnaud Breuillac: The Ichthys LNG Project will be an important addition to Total’s portfolio in the fast growing LNG market

PARIS, 30-Jul-2018 — /EuropaWire/ — The Ichthys LNG Project reached a major milestone on July 27 with the opening of the first offshore production well, marking the start of 40 years of operations of this gas and condensate field. At full … Read the full press release

Eni and ExxonMobil announce marketing efforts are underway for the Rovuma LNG project in Area 4 block offshore Mozambique

The initial phase of the Rovuma LNG project will develop the Mamba reservoirs in Area 4 and help deliver reliable, affordable energy to customers and create long-term economic value for the people of Mozambique and the project’s co-venturers. Rovuma LNG … Read the full press release

Snam completes acquisition of an 82% controlling stake in TEP Energy Solution following antitrust clearance

San Donato Milanese (Milan), 02-Jun-2018 — /EuropaWire/ — Following antitrust clearance, Snam completed today the acquisition of an 82% controlling stake in TEP Energy Solution (TEP), one of Italy’s leading enterprises in the energy efficiency sector, for a total consideration of … Read the full press release

Rolls-Royce: Jereh Petroleum Equipment orders 16 MTU 12V 4000 T95 Oil & Gas engines for new fracturing pump equipment

16 MTU 12V 4000 T95 Oil & Gas engines delivering up to 1,865 kW for new fracturing pumps Engines fulfil EPA Tier 4 final emission requirement without aftertreatment All engines to be delivered in 2018 Beijing, China, 10-May-2018 — /EuropaWire/ … Read the full press release

Eni awarded 100% participating interest in the East Ganal deepwater exploration block in Indonesia

Eni strengthen its position and its upstream portfolio in the East Kalimantan’s Kutei Basin, as well as in gas and LNG market of the Asia Pacific region. MILAN, 03-May-2018 — /EuropaWire/ — Eni has been awarded 100% participating interest in the … Read the full press release

Solvay launches high-performance thermoplastic composite with continuous carbon fiber reinforcement for demanding offshore oil and gas applications

Alpharetta, GA, 27-Apr-2018 — /EuropaWire/ — Solvay launches EvoliteTM F1050, a market first high-performance thermoplastic composite with continuous carbon fiber reinforcement for demanding offshore oil and gas applications. EvoliteTM F1050 is a unidirectional tape combining the recognized excellent chemical and temperature resistance … Read the full press release

BP and Oman Oil Company Exploration & Production approved the development of the second phase of the giant Khazzan gas field in Oman

Ghazeer development to bring Khazzan production to an estimated 1.5 bcf/d gas MUSCAT, Sultanate of Oman, 10-Apr-2018 — /EuropaWire/ — BP today announced that, together with its partner the Oman Oil Company Exploration & Production, it has approved the development … Read the full press release

Brazil awarded interests in seven licenses to Germany’s largest internationally active oil and gas producer Wintershall

Wintershall awarded seven offshore exploration licenses in Brazil’s 15th oil and gas licensing round Entry into Brazil strengthens Wintershall’s position in South America Rio de Janeiro/Kassel, 06-Apr-2018 — /EuropaWire/ — Wintershall is continuing its growth course and has now been … Read the full press release

Eni, Lukoil awarded rights to Block 28 offshore Mexico

This allows Eni to build up and consolidate a new core area with significant operational synergies in the Country. San Donato Milanese (Milan), 03-Apr-2018 — /EuropaWire/ — Eni and its partner Lukoil have been awarded rights to Block 28, located in … Read the full press release