Search results for: Development Plan

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  • 19 March 2018
    Authorities & Government

    India’s Ministry of New and Renewable Energy (MNRE) will install four to five 6MW offshore wind turbines at Arichamunai in the state of Tamil Nadu, according to The Hindu. The wind turbines will be set up as a demonstration facility and the investment to build the project and put it into operation would cost around ₹300 crore (approx. EUR 37.4 million). 

  • 19 March 2018
    Authorities & Government

    India’s Ministry of New and Renewable Energy (MNRE) will install four to five 6MW offshore wind turbines at Arichamunai in the state of Tamil Nadu, according to The Hindu. The wind turbines will be set up as a demonstration facility and the investment to build the project and put it into operation would cost around ₹300 crore (approx. EUR 37.4 million). 

  • 13 March 2018
    Business & Finance

    Wood has been awarded three contracts to perform subsea and flow assurance studies for Australian energy giant Woodside in Senegal, West Africa, supporting the proposed SNE Field Development.

  • 12 March 2018

    New York state has joined a number of U.S. coastal states in a request for exemption from the proposed offshore drilling plans. 

  • 12 March 2018
    Business & Finance

    Oil major BP has selected McDermott and Baker Hughes, a GE company, for engineering, procurement, construction and installation (EPCI) for SURF and SPS for BP’s Tortue/Ahmeyim field development. 

  • 12 March 2018
    Business & Finance, Project & Tenders

    Taiwan-based offshore wind developer Swancor Holding plans to secure the funds necessary for the full development of the Formosa I offshore wind projects through financing deals with banks in the second quarter of 2018, according to local media.

  • 7 March 2018
    Business & Finance

    Ørsted plans to finance the Greater Changhua offshore wind projects by capital contributions from the Ørsted Group combined with debt capital sourced from local Taiwanese financial institutions.

  • 7 March 2018
    Business & Finance

    U.S. oil major ExxonMobil has outlined an aggressive growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil prices.  “We’ve got the best portfolio of high-quality, high-return investment opportunities that we’ve seen in two decades,” Darren W. Woods, chairman and chief executive officer, said at the company’s annual […]

  • 6 March 2018
    Business & Finance, Project & Tenders

    Grand Port Maritime de Dunkerque (GPMD) recently closed the public comment period for its proposed CAP 2020 development project. According to the port, during the three months of informative and in-depth discussions, Dunkerque-Port presented its plans for a new container dock, a major project for the economy of the region and the Dunkirk area. “Dunkerque-Port attended […]

  • 5 March 2018
    Infrastructure, Project & Tenders

    Greek oil company Energean Oil & Gas has signed an agreement with four international banks for financing the development of Karish, part of the company’s flagship Karish and Tanin project offshore Israel. 

  • 28 February 2018

    February 28, 2018 – ExxonMobil has officially confirmed making the Pecora-1 oil discovery in the Starbroek block, offshore Guyana, and it already has plans on how it wants to develop the latest find.

  • 27 February 2018
    Equipment

    Romanian GSP will build a drilling and production platform for Energean’s Epsilon field development in Greece.

  • 21 February 2018

    Portuguese oil and gas company Galp Energia, the owner of a 10 percent stake in Eni’ Coral South FLNG project in Mozambique, said Tuesday it expects almost flat pre-tax earnings this year after a 32 percent increase in 2017. The company expects earnings before interest, taxes, depreciation and amortization (EBITDA) of 1.8 billion-1.9 billion euros […]

  • 20 February 2018
    Project & Tenders

    Australia-based oil and gas company Po Valley Energy will proceed to development of the Teodorico gas field offshore Italy within the next five years.

  • 20 February 2018
    Ports & Logistics

    The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search said on Tuesday that the company and energy giants ExxonMobil and Total have broadly agreed on how they want to develop the resources from Elk-Antelope and P’nyang gas fields. The development concept that will be proposed is likely to comprise the construction […]

  • 19 February 2018
    Business & Finance

    Greek oil and gas company Energean is preparing for listing on the London Stock Exchange with plans to raise $500 million.

  • 16 February 2018
    Business & Finance

    Houston-based Fieldwood Energy has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code as part of a “prepackaged” chapter 11 case. 

  • 16 February 2018

    Russian gas giant Gazprom said on Thursday it plans to build two small-scale liquefied natural gas (LNG) production facilities to fuel locomotives owned by Russian Railways. To remind, a unit of Gazprom began supplying LNG last year to three locomotives owned by Russian Railways. However, according to Gazprom’s latest statement Russian Railways now plans to increase the fleet […]

  • 12 February 2018
    Business & Finance, Equipment

    Interventek Subsea Engineering has appointed Bruce Stuart to the role of sales and business development director. Stuart joins Interventek from Proserv where he was VP Business Development Subsea, having previously held a seven year tenure at FMC Technologies, responsible for UK and Canada sales and marketing for their subsea products and systems. This new position […]

  • 12 February 2018
    Ports & Logistics

    Kosmos Energy and BP plan to make a final investment decision (FID) for the Tortue development offshore Mauritania and Senegal, which includes a  floating LNG production unit, by the end of this year. This was announced on Monday by Kosmos Energy following the signing of an inter-governmental cooperation agreement between Mauritania and Senegal which enables […]

  • 9 February 2018

    Florida to reap benefits of affordable and reliable U.S.-produced energy if included in DOI’s 5-year offshore o&g leasing plan.

  • 5 February 2018
    Infrastructure

    ExxonMobil, working to develop the giant Liza oil discovery offshore Guyana using an FPSO built in Singapore, is not sitting on its laurels.

  • 5 February 2018

    The container port would have been the largest in the Nordic countries.

  • 2 February 2018
    Infrastructure, Project & Tenders

    Karoon Gas Australia has launched a request for tender to select suppliers for its operated Echidna development located offshore Brazil. 

  • 2 February 2018
    Business & Finance

    Environmental groups slam plans of increasing the number of  Kinder Morgan tankers in Howe Sound.