Project & Tenders
Eni brings giant Zohr gas field online (Egypt)
Italian energy giant Eni has reportedly started production from the Mediterranean’s largest gas discovery – the Zohr. Egypt’s petroleum minister Tareq Al-Mulla announced the start of experimental operation to pump gas from the offshore wells to new plant in Port Said. With an initial production of 3
China Development Bank agrees to buy and lease LNG duo
China Development Bank’s units have signed a memorandum of understanding to purchase and lease back two 162,000 cubic meter LNG carriers.
Oil production resumes from Eni’s Goliat field in Barents Sea
Eni has restarted oil production from its Goliat field in the Barents Sea, offshore Norway. Production resumed on Sunday, on 17.12.17. It had been closed since October following the order by the Petroleum Safety Authority to stop production after an audit found serious breaches of the regulations re
Total takes investment decision for large-scale development of Libra field
Total has taken the investment decision for the first large-scale development phase of the Libra project, located 180 kilometers off the coast of Rio de Janeiro, in the pre-salt area of the Santos Basin.
Japan’s Tohoku Electric to buy LNG from Anadarko-led Mozambique project
Japan’s Tohoku Electric Power said on Monday it had signed a basic agreement to buy up to 280,000 tonnes per year of LNG from the Anadarko-led Mozambique LNG export project for a period of 15 years. Tohoku signed the deal with a marketing company formed in December 2015 by the Mozambique LNG project
Section of the Shoreham Flood Defense Project Complete
The Adur Tidal Walls Scheme that will significantly reduce flood risk to over 2,300 properties in Shoreham-by-Sea and Lancing has taken a step towards completion, reports the Environment Agency. Work at Reach E3 of the Shoreham Adur Tidal Walls Scheme is now complete, and the northern section of the
India Aims High with Plans for Tendering 5GW of Offshore Wind in 2018
India’s New & Renewable Energy Minister Raj Kumar Singh stated on 14 December that the government will invite the first tenders for building offshore wind farms in 2018 and plans to auction as much as 5GW, according to Times of India.
Ophir eyes $1.2 billion funding for Fortuna FLNG project
Ophir Energy expects to take a Final Investment Decision (FID) for its Fortuna FLNG project off Equatorial Guinea early next year, once an agreement with an Asian bank to provide funding of up to $1.2bn has been confirmed.
‘Polar King’ Stays with Nexans
Norwegian offshore vessels provider GC Rieber Shipping and cabling specialist Nexans have agreed to extend the firm period of the charter for the construction support vessel Polar King for 11 months. The first time charter agreement announced in March 2016, was set for a fixed period of about 8.5 mo
Aker Solutions Nets Subsea Equipment Orders From Aker BP
Aker Solutions has secured subsea equipment orders from Aker BP for the Skogul and Valhall Flank West oil fields offshore Norway. Aker Solutions will deliver two subsea manifolds, a controls system and umbilicals for Skogul, which will be tied back to the North Sea Alvheim field. The company will al
Polarcus Secures Caribbean 3D Project
Oslo-listed seismic contractor Polarcus has received a contract award for a 3D project in the Caribbean. The project will begin in Q2 2018, and it will last for two months. Polarcus will use its XArray methodology to optimize both data quality and acquisition efficiency, the company said. Polarcus X
Wintershall brings Maria field online one year ahead of schedule
Wintershall has started production at the Maria field offshore Norway one year ahead of schedule. Wintershall said on Monday that costs have been reduced by more than 20% compared to plan. The start-up was originally intended for the fourth quarter of 2018. At an expected final investment cost of ar
Ipswich Flood Defense Scheme Step Closer to Completion
VIPs, including the Environment Agency chief executive Sir James Bevan, attended an open day to see the latest work on Ipswich the flood defense scheme, which will significantly reduce the risk of flooding for 2,000 homes and businesses in the town. Huge hydraulic arms that will operate the new tida
Byron’s Gulf of Mexico well to reach total depth by December-end
Byron Energy expects to reach total depth (TD) at the SM 71 F2 well in the U.S. Gulf of Mexico by the end of this month.