Decklar on course with Oza acceleration
Initial results from the Oza-1 well in Nigeria have been promising with a flow rate of 2,463 barrels per day.
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Beijing interferes with Natuna drilling offshore Indonesia in South China Sea
A Chinese ship has been meddling with Harbour Energy’s ongoing drilling campaign at its Tuna block in the Natuna Sea offshore Indonesia. Significantly, the appraisal drilling is funded by Russia’s state-backed Zarubezhneft and the incident underscores the fact that Moscow’s energy interests in the South China Sea are increasingly being threatened by China.
No jabs, no jobs in Equatorial Guinea
Equatorial Guinea has forbidden unvaccinated people from working on- or offshore in the oil and gas sector.
Southeast Asia deepwater spend set to double in 2021
Deep-water drilling activities are bouncing back in Southeast Asia following a lacklustre 2020 with overall spending expected to rise 51% this year to $504 million and almost back to 2019 levels, estimates from Rystad Energy show.
UK Government provides highest level of support for exporters in 30 years
UK Export Finance publishes its annual results for 2020-21, which show the government provided record levels of support for UK exports.
Total must maintain Myanmar output to protect workers, CEO Says
French oil major Total must continue to produce gas in Myanmar and pay taxes to the military junta to protect staff from forced labor and maintain electricity supplies, Chief Executive Patrick Pouyanne said in an op-ed in Le Journal du Dimanche newspaper.
Philippines needs to push nuclear power
The Philippines needs to pursue nuclear power to improve its long-term energy security and slash carbon emissions from its highly polluting coal-fired power fleet.
Reliance and BP announce first gas from Asia’s deepest project
Reliance Industries Limited (RIL) and BP have announced first gas from Asia’s deepest offshore project.
Fluor’s contract wins drop in third quarter
Fluor has reported revenue of $3.8 billion for the third quarter of the year, with earnings of $19 million.
EIC adds new directors and sees growing and more diverse membership
The Energy Industries Council (EIC), the leading trade association for companies that supply goods and services to the energy industries worldwide, has appointed four new non-executive directors to its board.
Statkraft reports ‘strong response’ from local supply chain over £20m electricity grid scheme
Renewables firm Statkraft has reported a “strong response” to a call for local suppliers to get involved in a £20 million electricity grid improvement project it is preparing to start in Keith.
DNV GL carries out remote crane inspection pilot programme in North Sea
A pilot project to remotely perform inspections on three of offshore cranes on the Norwegian Continental Shelf is ongoing.
Copenhagen Offshore Partners opens floating offshore wind centre in Edinburgh
A Danish renewables developer has opened a new facility in Scotland aimed at speeding up the deployment and integration of floating offshore wind.
Dolphyn hydrogen project shows energy transition ‘in real time’ for Aberdeen
When developer ERM decided Aberdeen would be the home for Dolphyn, its world-first floating green hydrogen project, it said “it will put Aberdeen on the map”.
Trafigura pitches carrot-and-stick to tackle shipping emissions
Trafigura has called for a new levy on marine fuels in order to reduce carbon emissions in the shipping sector.
Unexpected benefits: will Covid-19 lead to a more diverse workforce?
Could a more diverse workforce be one of the benefits to emerge from the global pandemic? Janette Marx, CEO of global workforce solutions provider, Airswift makes the case that lockdown has broken down the lingering psychological hurdles while technology has allowed difference to be encouraged and enabled.
Oil falls with pandemic-hit economies crimping demand outlook
Oil fell as economic signals out of Europe and Asia flashed warning signs about the rebound in crude consumption.
INWED 2020: The aerospace engineer turned ‘intrapreneur’
Andrea Ruotolo, Global Lead, Distributed Energy Systems, Worley, was attracted to the field of engineering by her aspiration to work with NASA.
FTSE 100 and Brent crude make gains
The FTSE 100 Index edged up a further 822.22 points, or 1.4%, to 5,935.98 today.
Do recent political and international events signal a new dawn for energy investors?
The opportunities and challenges of green energy investment have been gently simmering under the surface for decades. However, the past year has seen the temperature rise on environmental issues, which may have brought both the challenges and opportunities to a boiling point.
Energy trade body looks to influence new UK Gov with ‘must commit to’ manifesto
A new green energy manifesto released by a Scottish trade body has put a range of measures before the next UK Government in an effort to boost renewable energy development.
Nova Innovation completes testing on project to reduce tidal cost by 30%
Edinburgh-headquartered tidal energy firm Nova Innovation has announced the completion of a project aiming to reducing the cost of the technology by 30%.
Xodus Group renewables study hopes to ‘accelarate’ energy transition
Aberdeen-headquartered consultancy firm Xodus Group has revelaed it is undertaking an offshore renewables study designed to "accelarate" the energy transition.
Aberdeen set to host World Energy Cities AGM
The city of Aberdeen is set to host this year's World Energy Cities Partnerships Annual General Meeting (WECP AGM).
Vattenfall issues more than £440m in green energy bonds
Swedish energy giant Vattenfall has announced that it has issued more than £440 million in clean energy bonds to investors.