Russia’s insistence that its “unfriendly” nations pay in rubles for Russian natural gas risks disrupting European supplies as soon as this week as the deadline set by Putin for moving to ruble payments is drawing closer. Europe, which depends on Russian natural gas for more than one-third of its demand—with some countries, including the biggest economy Germany, […]
Shell Trinidad and Tobago (through BG International, a subsidiary of Shell plc), today announces that production has started on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago. The start-up of Colibri follows the amendment to the Block 6 Production Sharing Contract for the Manatee field, marking yet another […]
Woodside has disclosed that the processing of gas from the offshore Pluto fields has commenced ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). This accelerated production of Pluto gas has been enabled by the start-up of the Pluto-KGP Interconnector (Interconnector). The Interconnector is a 3.2 kilometre pipeline which connects […]
Fugro has won a contract to deliver a high-value multi-year seabed Geo-data acquisition and geo-consultancy services to QatarEnergy as part of the redevelopment of the Bul Hanine and Maydan Mahzam fields in offshore Qatar. Operating from three state-of-the-art vessels (Fugro Proteus, Pacific Grouse and Bourbon Enterprise), a Fugro team of survey specialists will perform a range of in-depth […]
Shell Offshore Inc. a subsidiary of Shell plc,has announced the start of production at PowerNap, a subsea development in the U.S. Gulf of Mexico with an estimated peak production of 20,000 barrels of oil equivalent per day (boe/d). PowerNap is a tie-back to the Shell-operated Olympus production hub in the prolific Mars Corridor. “Shell has […]
African Development Bank Group President Dr. Akinwumi A. Adesina has pledged his institution’s support for South Africa, announcing a $2.8 billion package for the country over the next five years. Some $400 million (ZAR 6 billion) will support South Africa’s Eskom and the country’s energy transition. Adesina was speaking at the opening of the South […]
Waldorf Production has entered into a binding Sale and Purchase Agreement with a wholly owned subsidiary of MOL Hungarian Oil and Gas Plc (MOL) for the acquisition of certain of MOL’s UK subsidiaries comprising their entire UKCS business. The key UKCS assets being acquired include non-operated interests of 20% in the Greater Catcher Area (GCA), […]
FAR Limited, an independent, Africa focused, oil and gas exploration company, advises that Catherine Norman has been given notice of termination from her role as Managing Director, effective immediately and has resigned as a director of the Company. Independent Chairman Patrick O’Connor will oversee the business during a period of transition. With more than three […]
PTT Exploration and Production Public Company Limited (PTTEP), through its subsidiary, PTTEP HKO, and its partner, SapuraOMV, have been awarded the exploration Block SB412, off the northwest coast of Sabah, by PETRONAS. This award is an outcome of the partnership’s successful bidding in the Malaysia Bid Round (MBR) 2021 that was hosted by the Malaysia […]
After the serious and unfounded accusations of “complicity in war crimes” leveled against TotalEnergies, the Company shares with its stakeholders its principles of conduct regarding its Russian related businesses in order to allow them understand how our Company is acting in a responsible manner. Considering the worsening conflict, TotalEnergies is also taking new steps. TotalEnergies […]
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