Tag Archives: oil

Eni awarded 70% stake in the Exploration Offshore Block 3, one of Abu Dhabi’s largest offshore exploration concessions

(PRESS RELEASE) ABU DHABI, UAE, 21-Dec-2020 — /EuropaWire/ — Italian multinational oil and gas company, Eni announces the signing of Concession Agreement for the acquisition of a 70% stake in the Exploration Offshore Block 3, leading a consortium including a … Read the full press release

DNV GL report forecasts strong future scenario for floating wind energy

Floating wind will play an important role in decarbonizing the global energy system, contributing 2% of the world’s power supply by 2050, but more comprehensive industry standards and risk management is required for the technology to scale. (PRESS RELEASE) OSLO, … Read the full press release

Alfa Laval Test & Training Centre to start testing biofuels for the marine industry

(PRESS RELEASE) LUND, 9-Nov-2020 — /EuropaWire/ — Alfa Laval announces that its 2800 m2 Test & Training Centre located in Aalborg, Denmark is ready to test biofuels. In coming years, the Alfa Laval Test & Training Centre will accumulate knowledge … Read the full press release

SGS acquires New Zealand-based consultancy company Engineering Control Limited (ECL)

(PRESS RELEASE) GENEVA, 4-Nov-2020 — /EuropaWire/ — SGS announces that Engineering Control Limited (ECL) is now part of its Group. Headquartered in New Zealand, ECL is a consultancy company focusing on process automation and functional safety of process systems across … Read the full press release

DNV GL’s data platform Veracity now includes OREDA’s nearly four decades worth of data

(PRESS RELEASE) OSLO, 26-Oct-2020 — /EuropaWire/ — DNV GL, an international accredited registrar and classification body, has announced that its Veracity data platform will now include offshore and onshore reliability data (OREDA), gathered by several oil and gas operators for … Read the full press release

Installation of the world’s longest electrically trace-heated subsea production pipeline in progress

(PRESS RELEASE) LONDON, 2-Sep-2020 — /EuropaWire/ — Neptune Energy announces that it has started the installation of the world’s longest heated subsea production pipeline in the Norwegian sector of the North Sea. The world’s longest heated subsea production pipeline is … Read the full press release

Cloud-based geospatial analytics firm Satelytics gets backing from bp ventures

The firm’s technology has the potential to be part of bp’s aim to install methane measurement at all major oil and gas processing sites by 2023 (PRESS RELEASE) LONDON, 23-Jun-2020 — /EuropaWire/ — Multinational oil and gas company bp has … Read the full press release

BP / Shell: Alligin field starts oil production, performs better than initially expected

Alligin field starts oil production, performs better than initially expected

(PRESS RELEASE) LONDON, 4-Feb-2020 — /EuropaWire/ — Oil and gas giants BP, as an operator, and Shell, partner of BP with 50 percent, have announced early oil production from the Alligin field in the west of Shetland region, offshore United … Read the full press release

DNV GL to ensure compliance for the new infrastructure for Equinor’s Bay du Nord oil field project

(PRESS RELEASE) OSLO, 28-Oct-2019 — /EuropaWire/ — DNV GL awarded the Certifying Authority and Classification contract for the new infrastructure to be built for Equinor’s Bay du Nord oil field project. DNV GL will oversee design review activities and site … Read the full press release

Glencore: incidents and fatalities not linked to Kamoto Copper Company operations or activities in Kolwezi, DRC

Glencore: incidents and fatalities not linked to Kamoto Copper Company operations or activities in Kolwezi, DRC

(PRESS RELEASE) BAAR, 28-Jun-2019 — /EuropaWire/ — Glencore‘s subsidiary Kamoto Copper Company (KCC) is not connected to the incidents and the fatalities of illegal artisanal miners across its industrial mining concessions in the Kolwezi area, Democratic Republic of the Congo. … Read the full press release

Shell ships first LNG cargo from Prelude Floating Liquefied Natural Gas facility in Australia

(PRESS RELEASE) THE HAGUE, 11-Jun-2019 — /EuropaWire/ — Shell announces the first shipment of Liquefied Natural Gas from its Prelude Floating Liquefied Natural Gas (FLNG) facility. The facility is located 475kms North East of Broome in Western Australia. Valencia Knutsen … Read the full press release

BP, partners invest in deepwater Block 15 offshore Angola; Sonangol joins as a new partner

BP, partners invest in deepwater Block 15 offshore Angola; Sonangol joins as a new partner

(PRESS RELEASE) LUANDA / LONDON, 7-Jun-2019 — /EuropaWire/ — BP and partners have agreed to invest further in deepwater Block 15, offshore Angola. The current investment is part of an agreement with Angola’s National Agency for Petroleum, Gas and Biofuels … Read the full press release

Eni welcomes new Chief Upstream Officer, Alessandro Puliti

(PRESS RELEASE) MILAN, 30, May-2019 — /EuropaWire/ — Eni announces the appointment of Alessandro Puliti as new Chief Upstream Officer. He will start his new role on September 1st, 2019. Puliti will replace Antonio Vella, who will leave the Company … Read the full press release

Shell’s Appomattox Platform in the Gulf of Mexico now online months ahead of schedule and far under budget 

Shell’s Appomattox Platform in the Gulf of Mexico now online months ahead of schedule and far under budget 

(PRESS RELEASE) THE HAGUE, 24-May-2019 — /EuropaWire/ — Shell Offshore Inc, a subsidiary of Royal Dutch Shell plc, announced it has begun production at the Shell-operated Appomattox floating production system in the deep-water of the Gulf of Mexico (US). The … Read the full press release

Eni-led consortium wins exploration license of offshore block in Argentina

(PRESS RELEASE) MILAN, 20-May-2019 — /EuropaWire/ — An Eni-led consortium wins an exploration license of offshore block MLO 124 from the Argentinian authorities. The award is a result of the consortium’s successful bid in the International Bid Round “Ronda Costa … Read the full press release

Saudi Aramco takes over Shell’s stake in SASREF refinery in Jubail Industrial City, Saudi Arabia

(PRESS RELEASE) THE HAGUE, The Netherlands / DHAHRAN, Saudi Arabia, 22-Apr-2019 — /EuropaWire/ — Royal Dutch Shell plc has announced that its Shell Saudi Arabia Refining Limited’s 50% holdings of the SASREF refining joint venture in Jubail Industrial City, Kingdom … Read the full press release

David Clark, Lloyd’s Register’s newly appointed global energy director, to lead LR’s energy business transformation

(PRESS RELEASE) LONDON, 12-Mar-2019 — /EuropaWire/ — Lloyd’s Register‘s newly appointed global energy director David Clark to lead the transformation of the energy business of Lloyd’s Register (LR). The company is planning to reposition the professional services portfolio for growth … Read the full press release

Neste to drive successful execution of its global growth strategy in renewable products with new organizational structure

(PRESS RELEASE) ESPOO, 19-Feb-2019 — /EuropaWire/ — Neste Corporation redesigns its organizational structure to strengthen its global growth strategy in renewable products. Neste will divide its growing Renewable Products business area into three business units and one operational platform each … Read the full press release

Glengorm becomes another great success for Total in the North Sea offshore U.K.

(PRESS RELEASE) PARIS, 29-Jan-2019 — /EuropaWire/ — Total has announced a new significant discovery on the Glengorm prospect located in the Central Graben, which is part of the P2215 license. The license was previously part of the Maersk Oil portfolio, in water … Read the full press release

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

Eni awarded Areas A, B & C onshore Exploration Concession Agreements in the UAE Sharjah Emirate

These agreements are the result of the first International Competitive Exploration Licensing Round launched by Sharjah National Oil Corporation (SNOC) in 2018 to explore and develop new hydrocarbon resources through the establishment of new partnerships. Eni will act as Operator … Read the full press release

Eni to pursue petroleum exploration of an area of over 2,800 km2 still largely unexplored offshore Bahrain

(PRESS RELEASE) MANAMA, Kingdom of Bahrain, 14-Jan-2019 — /EuropaWire/ — A Memorandum of Understanding (MoU) has been signed today between the National Oil and Gas Authority of the Kingdom of Bahrain (NOGA) and Eni with the aim to pursue petroleum exploration … Read the full press release

CIB Capital Markets Strategist Tom Joyce comments on US-China Policy Escalation & Markets in the January issue of C-SPACE

(PRESS RELEASE) FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — The United States and China are at a crossroad in what has become the most important bilateral relationship of the 21st Century, CIB Capital Markets Strategist Tom Joyce said in the January … 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

Cebr: oil price will cycle around $60 until the mid to late 2020s

Forecasting Eye  LONDON, 10-Dec-2018 — /EuropaWire/ — The announcement from the margins of the G20 that Russia and the Saudis were cooperating on oil pricing certainly gave a fillip to the oil markets. The Brent crude future rose from $58.76 per barrel … Read the full press release

Eni: Mubadala Petroleum and BP entry into Nour North Sinai Offshore concession approved by the Egyptian Government

Egyptian Government approval for the sale of a 20% interest to Mubadala Petroleum and a 25% interest to BP out of Eni’s share in the Nour North Sinai Offshore exploratory concession has been granted. The approval follows the signing of … Read the full press release

Germany’s largest natural gas and crude oil producer Wintershall advocates greater use of liquefied natural gas (LNG) in maritime shipping

CEO informs Hamburg’s First Mayor about the merger between Wintershall and DEA HAMBURG, 04-Dec-2018 — /EuropaWire/ — Germany’s largest natural gas and crude oil producer advocates greater use of liquefied natural gas (LNG) in maritime shipping. “Europe’s ports need LNG … Read the full press release

First oil production from the giant Clair Ridge project in the West of Shetland region offshore UK

Major UK North Sea development is sixth new upstream project to come on stream for BP in 2018. Targeting 640 million barrels of oil reserves; peak production of 120,000 barrels of oil a day. First offshore deployment of BP’s ground-breaking … Read the full press release

PKN ORLEN adds new source of oil suppliers from United Arab Emirates

PLOCK, Poland, 02-Nov-2018 — /EuropaWire/ — The United Arab Emirates is a new source of oil supplies to PKN ORLEN. This time the refinery in Płock will receive one million barrels, i.e. approximately 130,000 tonnes, of crude oil. The supply, expected … 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