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Equinor Selects Futureon for Cloud-based Offshore Data Visualization Software
August 30, 2018
FutureOn has announced multi-license agreement for its cloud-based software Field Activity Planner (FieldAP) with Equinor, a Norwegian multinational energy company. FutureOn, together with Equinor, will pilot FieldAP to digitalize and integrate data from existing North Sea brownfields operated by Equinor,
Shell to Acquire Total’s Stake in Hazira LNG and Portventure, India
August 30, 2018
Royal Dutch Shell has entered into an agreement with Total Gaz Electricité Holdings France to acquire 26 percent stake in the Hazira LNG and Portventure in India. Hazira LNG and Portventure consists of two companies- Hazira LNG (HLPL) and Hazira
Hess Increases Resource Estimate for Stabroek Block, Offshore Guyana
August 29, 2018
Hess Corporation said an increased estimate of gross discovered recoverable resources for the Stabroek Block, offshore Guyana to more than 4 billion barrels of oil equivalent, up from the previous estimate of 3.2 billion barrels of oil equivalent. The increase
Neptune Energy to Acquire Stakes in Two Fields in UK North Sea
August 27, 2018
Neptune Energy Group has entered into an agreement with Apache North Sea (ANSL), a wholly owned subsidiary of Apache, to acquire stakes in two oil fields in the UK Central North Sea. The company will acquire Apache’s 35 percent working
Premier Oil Approves Tolmount Gas Field Development, UK North Sea
August 23, 2018
Premier Oil has made final investment decision for the development of the Tolmount Main field in the UK North Sea. The firm, along with its joint venture and infrastructure partners, will now move ahead with the development of the Tolmount
Japan’s Mitsubishi to Acquire Stake in Bangladesh LNG Terminal
August 21, 2018
Japan’s Mitsubishi (MC) has signed an agreement to acquire 25 percent stake in Bangladesh’s Summit LNG Terminal (SLNG) and to develop a liquefied natural gas (LNG) receiving terminal in the country. The SLNG project involves installation of a floating storage
AES Inaugurates $1.15 Bilion Combined Cycle Power Plant and LNG Terminal in Central America
August 21, 2018
AES has inaugurated a combined cycle power plant and the first liquefied natural gas (LNG) terminal, which represent a total combined investment of $1.15bn, in Central America. The 381MW AES Colón combined cycle power plant is scheduled to be commissioned
Saudi Aramco, Air Products, and ACWA Power to Form $8 Billion Gasification and Power JV
August 20, 2018
Saudi Aramco, Air Products, and ACWA Power have agreed to form a $8bn Gasification/Power joint venture (JV) located at Jazan Economic City (JEC) in Saudi Arabia. As part of this plan, the firms have signed an agreement outlining terms for
Horizon Petroleum to Form JV for Lachowice Gas Field Development, Poland
August 16, 2018
Horizon Petroleum has entered into a Letter of Intent (LOI) with a private European entity (Farmee) for a farm-in on the Lachowice conventional natural gas field in the Bielsko-Biala concession in southern Poland, which it is in the process of
Santos Adds Fourth Rig to Develop Cooper Basin Gas Fields, Australia
August 14, 2018
Santos said that the Ensign 965 rig has commenced operations in the Cooper Basin in Australia in a move to draw more natural gas to deliver to the east coast domestic market. Ensign 965, which is now the fourth rig
