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Eni presents 2nd volume of the World Oil, Gas and Renewables Review

Eni presents 2nd volume of the World Oil, Gas and Renewables Review

November 8, 2019 No Comments

Eni has released the second volume of the World Oil, Gas and Renewables Review, the annual statistics report arrived at the 18th edition. The volume follows the first published in July focused on the oil market and the refining industry. It provides data and statistics on natural gas, modern renewable energy sources (solar and wind) […]

World Bank’s Initiative: ‘Zero Routine Flaring by 2030’

World Bank’s Initiative: ‘Zero Routine Flaring by 2030’

November 6, 2019 No Comments

Saudi Aramco announced today that it is joining the World Bank Initiative: ‘Zero Routine Flaring by 2030’. Saudi Aramco has a strong focus on flaring reduction, which remained at less than 1% of its total raw gas production in the first half of 2019. Ahmad A. Al-Saadi, Saudi Aramco Senior Vice-President, Technical Services said: “We […]

Zenith Energy’s Proposed acquisition of Norwegian oil & gas company

Zenith Energy’s Proposed acquisition of Norwegian oil & gas company

November 6, 2019 No Comments

Zenith Energy Ltd., (“Zenith” “), announced that it has formalised an offer to acquire Nordic Petroleum AS (“Nordic”), by way of an exchange of equity. The proposed acquisition is structured to be for a minimum of 90 percent of the outstanding shares in Nordic with a proposed equity exchange of 100 Nordic common shares for […]

Greenhouse gas and other pollutant emissions intensity for the UK

Greenhouse gas and other pollutant emissions intensity for the UK

November 6, 2019 No Comments

Between 1990 and 2018, greenhouse gas (GHG) emissions intensity for the UK fell by two-thirds. GHG emissions intensity of the energy supply industry fell by 69% from 1990 to 2018. Between 1990 and 2018, acid rain precursor emissions intensity for the UK fell by 88%, partly because of a decline in sulphur dioxide emissions from […]

Eni starts production at Obiafu 41, in Nigeria

Eni starts production at Obiafu 41, in Nigeria

October 23, 2019 No Comments

Eni started gas and condensate production from the Obiafu 41 discovery, Niger Delta, just 3 weeks after well completion. The discovery contains approximately 28 billion cubic meters of gas and 60 million barrels of condensate, and the gas from this discovery will largely be channelled to the domestic market in order to feed the power […]

McDermott Awarded Contract for Mixed Feed Cracker in Saudi Arabia

McDermott Awarded Contract for Mixed Feed Cracker in Saudi Arabia

October 22, 2019 No Comments

McDermott International, Inc. (NYSE: MDR) announced it has been awarded a large contract by Saudi Aramco and Total Raffinage Chimie (Total) to provide licenses, basic engineering package, extended basic engineering, training, technical services and supply of proprietary equipment for what will be one of the world’s largest mixed feed crackers. As part of the contract, […]

Shell Egypt to Sell Assets in Western Desert

Shell Egypt to Sell Assets in Western Desert

October 21, 2019 No Comments

Shell Egypt is to market its current onshore upstream assets in the Western Desert in order to fully concentrate on growing its Egyptian offshore exploration and integrated gas business. Wael Sawan, Shell Upstream Director, said: “Shell is proud to have worked in Egypt for over 100 years. We remain committed to Egypt and see our […]

TechnipFMC Awarded  Subsea Contract in Vietnam

TechnipFMC Awarded Subsea Contract in Vietnam

October 15, 2019 No Comments

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam. The scope of the contract covers engineering and installation of 118 kilometers of rigid […]

Eni starts production of Baltim South West field offshore Egypt

Eni starts production of Baltim South West field offshore Egypt

September 17, 2019 No Comments

Eni announces the successful commissioning and start-up of production of the offshore Baltim South West gas field in Egypt. Discovered by Eni in June 2016, the field goes on-stream in a record time, just 19 months after the final investment decision (FID) was approved in January 2018. This result further confirms the success of the […]

Gas discovery in the Norwegian Sea

Gas discovery in the Norwegian Sea

September 17, 2019 No Comments

Equinor and its partners AkerBP and Wellesley Petroleum have found gas in the Ørn exploration well south-west of the Marulk field in the Norwegian Sea. Recoverable resources are estimated at 8–14 million standard cubic metres of oil equivalent, corresponding to 50–88 million barrels of oil equivalent (boe). “This is good news. The Ørn discovery proves […]

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