Chatham House - MENA 2017

Velocys Eyes Alliance to Build Mini-GTL

UK-based small scale gas-to-liquids (GTL) pioneer Velocys said January 17 it has signed a memorandum of understanding (MOU) to establish a strategic alliance with the Jiangsu, China-based subsidiary of Japanese fabrication company Morimatsu.


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TechnipFMC Starts Trading

TechnipFMC says it is operating as a unified, combined company following completion January 17 of the merger of FMC Technologies and Technip. The new combined contractor said it is positioned to transform project economics across subsea, onshore/offshore, and surface sectors.


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Statoil Makes Find, Gets PDO Approvals

Statoil said January 17 it has made an oil and gas discovery 5km northwest of the Norne field in the Norwegian Sea and received approval from the Norwegian authorities of its plans for development and operation (PDOs) for the North Sea Utgard and Byrding fields.


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Cairn Updates on Senegal Drilling

Ahead of its 2016 results on March 8, UK-listed Cairn Energy has given an update on its Senegal drilling campaign and UK developments. It said January 17 that a third phase of drilling offshore Senegal will start late this month with further evaluation of SNE, a largely oil discovery but with gas bearing sands.


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NGW Magazine: Israel’s lost opportunities

Israeli infighting and also circumstances outside its control have combined to deny the energy importer the chance to become a significant exporter. Time is running out.


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