By Brendan Harmse Commercial Director Trust Corporate Services at TMF Group African countries are increasingly looking to private investors as they grow their ability to produce electricity, liberalizing their energy sectors to support investor participation. Public sector and utilities handled most
Israeli energy firm Delek Group will not be taking a share in the UK North Sea Kraken development after the negotiations with EnQuest fell through. To remind, On July 18, EnQuest announced that it was in discussions with Delek with regard to the potential sale to Delek of an interest in the Kraken d
Russian gas giant Gazprom said it has increased its natural gas exports to France. From January 1 to September 13, Gazprom supplied 8 billion cubic meters of gas to France, which was 27.3% higher than in the same period last year, Gazprom said in its statement. Gazprom’s CEO Alexey Miller paid a vis
The U.S. Bureau of Ocean Energy Management (BOEM) will offer approximately 47 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Central Planning Area. BOEM said on Wednesday tha
FortisBC the owner and operator of the only two LNG facilities in British Columbia, recently received approval from the BC Utilities Commission to modify natural gas rates.
A part of the lost Franklin Expedition, HMS Terror vessel, has been found in the Canadian Arctic. The expedition was a British voyage of Arctic exploration led by Captain Sir John Franklin aboard two ships, HMS Erebus and HMS Terror. The whole expedition, which was meant to traverse the last unnavig
Iberdrola Engineering and Construction UK Limited (IEC) has contracted Petrofac to design the offshore substation jacket foundation for the East Anglia ONE (EA1) offshore wind farm in tandem with IEC as it executes the topsides design. This is Petrofac’s second project on the EA1 project, with its P
Iberdrola Engineering and Construction UK Limited (IEC) has contracted Petrofac to design the offshore substation jacket foundation for the East Anglia ONE (EA1) offshore wind farm in tandem with IEC as it executes the topsides design. This is Petrofac’s second project on the EA1 project, with its P
Jera of Japan, a joint venture created by Tepco and Chubu Electric, is looking to develop approximately 5,590MW of new thermal power generation capacity.
Mexican state-owned oil company Pemex has made several new oil discoveries in the Gulf of Mexico that could add up to 22,000 barrels per day to the company’s output. Quoting a spokesperson for the company, Reuters reported that the discoveries were made a couple of months ago but were not announced
Seaway Heavy Lifting has awarded Smulders Projects the contract for the engineering, procurement, construction and installation of 28 jacket foundations for the Beatrice wind farm, with the company further contracting Granada Material Handling (GMH) to provide 28 davit cranes for the project. Smulde
Italian oil firm Eni and Russian energy firm Novatek will explore for oil and gas in the Adriatic Sea, offshore Montenegro. Novatek and Eni will take stake in four offshore blocks, with each holding a 50 percent share. Eni has been appointed the operator. Blocks 4118-4, 4118-5, 4118-9 and 4118-10, c
One person was killed, and three were injured in a water cannon accident aboard an offshore support vessel last weekend in Brazil. Brazilian media have reported that the incident happened aboard the Astromaritima Navigation’s Astro Tamoio OSV during a firefighting exercise on Saturday, offshore Braz
MHI Vestas Offshore Wind has signed a contract with Vroon Offshore Services for the supply of offshore logistics support, accommodation and walk-to-work services during construction of DONG Energy’s Walney Extension West offshore wind project. Vroon will deploy its newbuilding subsea-support vessel
