TAP secured project financing worth EUR 3.9 billion in December 2018 making it the largest financing agreement for a European infrastructure project in 2018.
Over the past year, OMV noted a rise in estimated recoverable volumes in the company’s Wisting discovery in the Barents Sea offshore Norway.
Rotterdam Port is investing in the development of an application for standardized data exchange on port calls.
Lundin Petroleum has identified an increase in reserves and contingent resources at the end of 2018, mostly due to reserves additions from the Johan Sverdrup and Edvard Grieg as well as from the Alvheim area.
BP and Eni signed a heads of agreement with the ministry of oil and gas of Oman to work jointly towards a new exploration opportunity in Oman.
London-based Ophir Energy said the company’s board decided to reject the possible offer to be made by Medco Energi.
Offshore Energy Today’s most popular news of the past week.
WoodMac: gas prices to drop as LNG FIDs hit record figures in 2019 The year 2019 is set to be a record year for supply in terms of both production growth and new project FIDs, according to the research and consultancy group Wood Mackenzie. Sapura Energy to work on PFLNG Satu relocation Sapura Energy
Faroe Petroleum, soon to be taken over by Norway’s DNO, has shared final results of the Brasse appraisal sidetrack well 31/7-3 A in the northern North Sea, off Norway. The Brasse appraisal well 31/7-3 A sidetrack was planned as an appraisal of the northern part of the Brasse field. The drilling star
Indonesia’s Medco Energi has set a price for a potential offer for the takeover of London-listed oil company Ophir Energy – 48.5 pence a share in cash.
COSCO Zhoushan Shipyard has delivered Vilnia Maersk to Danish shipping company Maersk Line.
The 309MW Rentel wind farm in the Belgian North Sea has become Belgium’s fifth fully operational offshore wind farm. Rentel has now joined the ranks of C-Power, Belwind, Northwind, and Nobelwind. The combined capacity of the five wind farms is 1,186MW provided by 274 wind turbines. With the addition
The small-scale LNG import and regasification facility in Gibraltar made a step forward with the unloading procedures test completed on Thursday.
Indonesian oil and gas company Medco Energi has informed Ophir Energy of the details on the potential offer.