Latest news
Russia aims to attract $28 billion investment in power plant upgrades
Russia’s government approved a 10-year modernization program for Russian power plants, expected to attract $28.8 billion (1.9 trillion Russian rubles) in private investments in the sector, Energy Minister Alexander Novak said.
read more... 28/01/2019
Total To Launch Oil Exports From New Nigerian Field In February
Just as OPEC and partners will have started the new round of production cuts to reduce oversupply, France’s Total is set to begin exports from the new ultra-deep Egina oil field offshore Nigeria in February 2019, at an initial rate of just over 100,000 bpd, Bloomberg reported on Thursday, quoting a copy of a loading program for the new grade it had seen.
read more... 21/12/2018
Maersk Drilling to provide rigs for Seapulse’s 12-well drilling program
Danish offshore driller Maersk Drilling and Seapulse have signed a master alliance agreement under which Maersk Drilling will provide fully integrated services for a global offshore oil & gas exploration drilling program of 12 wells.
read more... 05/12/2018
Total and ADNOC launch unconventional gas exploration in Abu Dhabi
Total has announced that it has signed a concession agreement with Abu Dhabi National Oil Co. (ADNOC) to launch an unconventional gas exploration program in the high potential Diyab play that spreads over 6000 km2 to the west of the ADNOC Onshore concession in Abu Dhabi.
read more... 12/11/2018
Siemens: Major milestone achieved in development of subsea power distribution system
Siemens has successfully concluded the first phase of its Subsea Power Grid shallow water test in Trondheim, Norway. Siemens, in collaboration with industry partners Chevron, Equinor, ExxonMobil, and Eni Norge, is in the final stages of a program to develop a barrier-breaking system that will become the world’s first Subsea Power Grid designed for distribution of medium voltage power using pressure compensated technology.
read more... 05/11/2018