Bigger and always better? For wind turbines, Europe is saying no
“There’s a twofold question for wind turbines of a larger nameplate capacity. Can they be installed? And what is a long-term sustainable market?”
Elcogen touts solid oxide for green hydrogen edge
As a result, less electricity is needed to produce the same amount of hydrogen, the official said. "Solid oxide technology provides the best potential for low-cost hydrogen production.”
South Africa energy plans warn against renewable move
The draft IRP said a plan based on renewable and clean energy alone would “only deliver” the decarbonisation of the power system. "However, these pathways do not provide security of supply while carrying the highest cost to implement.”
Noble swaps in rig for Petronas, Exxon in Suriname
"This will be the third of our rigs to work in Block 52 and we look forward to getting the Voyager back in action in early 2024.”
Azerbaijan picks ex-Socar exec to lead COP29
Babayev talked about remediation for Azerbaijan as a "shared mission and moral imperative".
Houthis scale up Red Sea attacks with drone boat
The USV mobilisation this morning is the first such reported incident using this technology. Previously the Houthis have used unmanned aerial vehicles, small boats and missiles.
Saipem completes Saudi gas pipeline work
Saipem won the work in 2018, as one of a batch of contracts worth $800 million.
Ocean Installer, Oceaneering begin TotalEnergies work
Ocean Installer CEO Kevin Murphy said the Girassol work was "our most significant project award from TotalEnergies to-date".
Harbour spuds Gayo amid high follow-on hopes
"We hope that this exploration well will discover large oil and gas reserves, as we discovered through drilling the Layaran-1 well," Hudi said.
Seplat completes ANOH plant, but pipeline woes remain
Seplat CEO Roger Brown said ANOH was an “important strategic project” for the company. "It will roughly double our gas production, and we are focused on the path to first gas”, he said.
Norwegian Petroleum Directorate rebrands for offshore
The directorate had a "long, proud history as a resource authority with solid knowledge about the subsurface on the Norwegian shelf”.
Valaris rig to stay in Brazil, with a day rate boost
The rig has repriced from a rate in the “low $200,000s”, the executive said. Now, it is priced at "an effective day rate in the high $400,000s”. The price suggests a day rate of around $488,000.
Shell awards Seatrium work on new FPU
The new FPU replicates about 95% of Whale’s hull and 85% of Whale’s topsides, Shell has said.
Galp hints at success for Namibian Orange Basin test
Success at Mopane would represent a step forward for Namibia’s Orange Basin.
Maurel et Prom denied as a result of Gabon pre-emption
Nguema said the purchase of Assala was intended to increase the state’s share of revenues. The move, he said, would allow Gabon to “demonstrate its sovereignty in the oil sector, which is the heart of the economy”.
UK warship in Guyana sparks Venezuelan drills
Venezuelan Foreign Minister Yvan Gil said his country "categorically rejects the arrival” of HMS Trent. This, he said, was “an act of hostile provocation and a violation of the recent Argyle Declaration".
Sonangol, Corcel move to onshore Kwanza testing
The companies plan to test the Tobias-14 and then Tobias-13 wells, it said. Assuming success, they will then move into the next phase, which will cover designing the EPS.
NJ Ayuk steps back from Centurion
“I have fought the good fight, I have run the race and I have kept the faith,” said Ayuk.
Petrobras re-enters African exploration with Shell deal
Petrobras signed a memorandum of understanding (MoU) with Shell in March 2023, on the sidelines of CERAWeek.
EIG strikes deal for Brazilian FPSO company
EIG has "admired Ocyan for many years and have been impressed by their ability to develop ambitious projects through challenging economic environments”, he said.
Eni begins gas feed into West African FLNG
Eni said this second FLNG vessel will begin producing in 2025. The company will market all of the produced LNG, it said.
Allseas fires into BP pipeline work off West Africa
“Pipeline Production worked their magic, completing the welding and FJC qualification programmes at a super-fast pace. Equipment preparation was a push, but in true Allseas style everything was delivered on time,” the company said on LinkedIn.
Singapore-listed player tees up African move
A statement from Rex said it had identified an offshore licence in West Africa as a “first possible investment”.
Vaalco’s Maxwell tots up miles to keep the ship on course
“It helps them, it’s beneficial for both sides,” Maxwell said. “It’s a lot of give and taken. We don’t always have a meeting of minds, but it doesn’t prevent us from sitting down.”
Valeura completes Nong Yao drilling, preps for Wassana return
“This campaign focused on the area first developed at Nong Yao, and illustrates our team’s ability to add volumes through infill drilling and to extend the economic life of our legacy producing assets.”