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Second Topsides Installed on Shah Deniz Platform
The BP-led Shah Deniz consortium said that installation of the second topside of its offshore production platform in the Caspian Sea has been completed. Installation of the first…
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Angola LNG Inks 3rd Sales Deal in a Month
Angola LNG has signed its third LNG sales agreement this month, this time to commodity trader and mining group Glencore. Under this latest multi-year sales agreement, announced…
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UK's IGas Expects 1st Shale Spud Early 2018
UK independent IGas said in a results statement September 20 it is making “good progress” on its East Midlands shale gas acreage. It expects spudding of its first…
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San Leon to Shed All But Two Polish Concessions
UK-listed San Leon Energy, the subject of a takeover bid by China Great United Petroleum, said September 19 it has reached definitive agreements to divest all but two of its…
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Inpex Enters Offshore Norway
Japan's Inpex said September 15 it has agreed to farm into Lundin Norway-operated licence PL767 in the western Barents Sea offshore Norway, with a 40% interest - marking its…
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Ofgem May Decide on TTF Expansion 'Within Days'
British energy regulator Ofgem has said it has until early October to take a decision on Gasunie’s planned extension of the Dutch TTF balancing zone up to the English coast.…
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Dutch TTF-BBL Merger Scheme Delayed
A plan by Gasunie subsidiaries GTS and BBL to extend the Dutch TTF balancing zone to the English coast is still awaiting a decision by British regulator Ofgem. The companies had…
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[Premium] BP Sees Early ACG PSA as Enabler
UK major BP sees the premature termination of the production-sharing agreement for Azeri-Chirag-Gunashli fields and its replacement with a new deal as enabling future work to…
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Efet Urges MEPs to Reconsider EU ETS Amendment
The European Federation of Energy Traders (Efet) warned September 14 that an amendment voted on by the EU Parliament, which meant to protect existing trading arrangements post-Brex…
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Losses Rise but Ophir Sees Fortuna FID in 2017
UK-based independent Ophir Energy on September 14 reported a first half 2017 loss of $84.6mn, up from $48.4mn in the same period last year. This year included $23.7mn for…
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Update: Wood/Amec FW Merger Cleared by UK, Mexico
Update: Wood Group has received its final regulatory approval from Mexico. "Following approval by the Mexican anti-trust commission, Wood Group considers that all of the…
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Gasunie Targets N Sea Power Hub
Gasunie, the Dutch gas infrastructure group, is looking to deepen its involvement in the green economy by co-investing in an offshore wind power hub. Already an investor in a…
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Namibia Pushes Chariot to Steep Loss
Atlantic margin explorer UK-listed Chariot Oil & Gas reported a first-half loss that was ten times bigger than last year's, thanks to a $51.3mn impairment reported September…
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Shell Signs Latest in Handful of Petrobras Partnerships
Shell last week signed a memo of understanding (MoU) with Brazilian state-controlled Petrobras to establish a long-term collaboration in developing deepwater oil and gas fields…
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Premier To Divest Wytch Farm for $200mn
UK independent Premier Oil said September 12 it has agreed to divest its interests in the onshore Wytch Farm oilfield in southern England to Aberdeen-based junior indie Verus…
