Iran’s gas transmission capacity to neighboring countries has increased with the launching of Tabriz’s pressure booster facility, in East Azarbaijan province.
Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group to be used for passenger and crew transfer to offshore platforms in the Strait of Hormuz. According to Damen, the delivery took place on August 20, 2015. The Dutch ship
Libya’s National Oil Company and Central Bank chairmen engaged in another round of blitz meetings with oil majors in London in a renewed effort to stop its rival wooing its clients.
UK Oil & Gas Authority has approved the development of what has been described as the largest new field discovered in the UK North Sea, the Culzean. The field, operated by Maersk Oil is expected to produce enough gas to meet 5% of total UK demand at peak production in 2020/21. Culzean is also the [&
Eni’s giant gas discovery made offshore Egypt could hurt Israeli gas exports, Israeli Energy Minister Yuval Steinitz said on Sunday, according to Reuters. After months of delays, Israeli cabinet recently approved a draft plan for Noble Energy and Delek to develop the giant Leviathan field offshore I
Italian oil and gas company Eni has made what it describes as a world-class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in
Australia’s Tap Oil will not be selling a share in what it describes as its flagship asset, the Manora field in the Gulf of Thailand. In a statement on Monday, Tap Oil said it had completed a strategic review of its business and asset base, initiated earlier in 2015 in response to the significant ch
The cost of producing electricity from renewable sources like wind and solar has been falling for several years. The report, Projected Costs of Generating Electricity: 2015 Edition, a joint project by the International Energy Agency and the Nuclear Energy Agency, calculates the cost of producing ele
The cost of producing electricity from renewable sources like wind and solar has been falling for several years. The report, Projected Costs of Generating Electricity: 2015 Edition, a joint project by the International Energy Agency and the Nuclear Energy Agency, calculates the cost of producing ele
Klaipėdos Nafta said that it has issued calls for tenders looking to procure a long-term loan amounting up to EUR 300 million.
U.S. Energy Information Administration (EIA) has said that there is now a lower than before risk of a hurricane jeopardising the U.S. oil and gas production. The reason for this is a record low Gulf of Mexico offshore energy production, combined with a below-normal 2015 hurricane season. According t
An Iranian fishing dhow and its crew members managed to escape from Somali pirates after being held hostage for five months, maritime piracy experts from Ocean Beyond Piracy informed. Namely, the crew managed to slip the moorings of its fishing vessel, the Jaber, on Thursday, August 27th, thus fleei
An Iranian fishing dhow and its crew members managed to escape from Somali pirates after being held hostage for five months, maritime piracy experts from Ocean Beyond Piracy informed. Namely, the crew managed to slip the moorings of its fishing vessel, the Jaber, on Thursday, August 27th, thus fleei
Nordergründe The 111MW Nordergründe offshore wind farm reached financial closure. The project developer WPD announced that it has secured funding for the next €410m phase of the wind farm. The funding includes loans from KfW IPEX-Bank and the European Investment Bank (EIB) and equity from WPD. Norde
