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Norway's Aker BP starts production at Valhall Flank West
Oil and gas firm Aker BP has started production at its Valhall Flank West unmanned installation in the North Sea-based Valhall field, the Norwegian company said on Tuesday.
read more... 17/12/2019
Enercon signs exclusive 607-MW turbine option in Chile
Germany’s Enercon GmbH has signed an exclusivity agreement with Chilean power utility Colbun SA, securing an option to supply turbines for the 607-MW Horizonte onshore wind project in the Atacama Desert.
read more... 17/12/2019
Angola: Total Invests Usd 2.5 Billion in Block 17
French oil company Total will invest USD 2.5 billion in Angolan offshore block 17 by 2023, which will allow the Angolan subsidiary to add more than 100,000 barrels of crude to its daily production.
read more... 17/12/2019
Daily (16.12.2019): Crude oil surged by over 1.5% on Friday on U.S.-China trade hopes, UK election outcome
Crude oil prices settled higher on Friday, rallying to their highest level since around three-months on Friday, buoyed by progress on trade between the U.S.-China and the outcome of the general election in Britain. Brent crude for February delivery advanced $1.02, or 1.6% to settle at $65.22 on the London-based ICE Futures Europe Exchange. WTI crude for January delivery rose 89 cents or, 1.5% to stand at $60.07 a barrel on the New York Mercantile Exchange.
read more... 16/12/2019
France's Total to begin drilling offshore Lebanon next month
Lebanon's economic crisis has led to nationwide protests over the last two months. The country needs its exploration programme to work to reduce its energy import bill.
read more... 16/12/2019