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Eni sells a 13.75% share in the blocks L11A, L11B e L12, to Qatar Petroleum

Eni sells a 13.75% share in the blocks L11A, L11B e L12, to Qatar Petroleum

July 23, 2019 No Comments

Eni and Qatar Petroleum (QP) today signed an agreement that will see the Qatari national oil company acquire a 13.75% share in the exploration blocks L11A, L11B and L12, in deep offshore Kenya. The proposed deal is pending subject to the approval of the Kenyan authorities. Blocks L11A, L11B and L12 are located in water […]

Eni awarded a new Exploration and Production license in Ghana

Eni awarded a new Exploration and Production license in Ghana

July 3, 2019 No Comments

Eni (70%) and its partner Vitol (30%) have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano Basin, offshore Ghana. This result allows Eni to further consolidate its presence in the Country. Eni will be the Operator of the license and besides Vitol the Joint Venture will include […]

McDermott Awarded Offshore EPCI Contract from Saudi Aramco

McDermott Awarded Offshore EPCI Contract from Saudi Aramco

June 28, 2019 No Comments

McDermott International, Inc. (NYSE: MDR) announced a large* contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan and Zuluf fields, offshore Saudi Arabia. The contract includes the full suite of EPCI services for the relocation of Control Rooms in Zuluf GOSP-4, Marjan GOSP 2 and 3 including the […]

Autonomous Vessels, Drones And Crawling Robots – Future Of Offshore Wind Farm Inspection And Repair

June 24, 2019 No Comments

A new £4 million cross-sector innovation project is set to develop the world’s first fully autonomous robotic inspection and repair solution for offshore wind farms, which is expected to save the average wind farm approximately £26 million over the course of its lifetime. The Innovate UK-funded MIMRee (Multi-Platform Inspection, Maintenance and Repair in Extreme Environments) […]

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UK Offshore Wind Supply Chain Opportunities

UK Offshore Wind Supply Chain Opportunities

June 24, 2019 No Comments

The Offshore Wind Industry Council (OWIC) is launching a £100m, 10-year programme today to support the growth of UK businesses looking to capitalise on the huge opportunities offered by the growth in offshore wind around the world. The new initiative, the Offshore Wind Growth Partnership (OWGP), is a key part of the recent Sector Deal […]

Machine learning technology to extend offshore asset life

June 19, 2019 No Comments

The productive life of an oil and gas platform could be significantly extended through a transformative machine learning solution that will contribute to maximising economic recovery from the UK Continental Shelf (UKCS) by predicting equipment failure. <a href=”http://www.spartansolutions.com/news”>Spartan Solutions Ltd</a> , a world-class software company, is leading a project to develop a machine learning software […]

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Eni awarded exploration block in Argentina’s offshore

Eni awarded exploration block in Argentina’s offshore

May 21, 2019 No Comments

The Argentinian authorities officially awarded the exploration license of offshore block MLO 124 to an Eni-led consortium. The award is the outcome of the consortium’s successful bid in the International Bid Round “Ronda Costa Afuera n. 1” held on 16 April 2019. Block MLO 124 is located offshore in the Cuenca Marina Malvinas (the Malvinas […]

GE Renewable Energy signs an MOU with Eolien Maritime France

April 23, 2019 No Comments

GE Renewable Energy announced that it has signed a Memorandum Of Understanding with Eolien Maritime France (EMF) confirming its commitment to provide and service Haliade 150-6MW turbines to the first French EMF offshore wind farm to be cleared of any legal recourse. This memorandum of understanding terminates GE’s exclusive supplier status on the two other […]

Tags: , Renewables
Equinor wins 7 exploration blocks offshore Argentina

Equinor wins 7 exploration blocks offshore Argentina

April 17, 2019 No Comments

Equinor adds seven offshore exploration blocks to its portfolio, after presenting winning bids in the 1st Offshore Licensing Round in Argentina. The bid round was arranged in Buenos Aires on 16 April. Equinor submitted the winning bids for five blocks as operator. Equinor also participated in winning bids for one block to be operated by […]

ExxonMobil adds 4.5 billion barrels to reserves

ExxonMobil adds 4.5 billion barrels to reserves

February 27, 2019 No Comments

Exxon Mobil Corporation said today it added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production. Higher prices and unconventional drilling drive proved reserves additions Reserves life at current production rates is 17 years Continuing success in exploration and strategic acquisitions in Guyana and Brazil […]

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