BP to sell Forties Pipeline System to INEOS

by Timothy Reeder | Apr 4, 2017 | News

BP today announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS. Subject to partner, regulatory and other third...

BP makes third gas discovery in North Damietta Concession, East Nile Delta, Egypt

by Timothy Reeder | Mar 27, 2017 | News

BP announced today another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 metres in water depth of approximately 108 metres using the El Qaher II...

Siemens awarded wind turbine order from EDF Luminus for two projects in Belgium

by Timothy Reeder | Mar 24, 2017 | News

EDF Luminus, the second largest player in the Belgian energy market, has ordered wind turbines at Siemens Wind Power for two projects located in the Belgian municipalities of Dessel and Mol as well as in Beveren. The nine 3.2 megawatt (MW) machines of the Siemens D3...

Proceeding with Phase 2 of the Johan Sverdrup development

by Timothy Reeder | Mar 22, 2017 | News

The Johan Sverdrup partnership has now decided to proceed with (DG2) Phase 2 of the Johan Sverdrup development, awarding FEED contracts to Aker Solutions, Kværner and Siemens. Phase 1 of Johan Sverdrup is under development, with first oil scheduled for late 2019.  The...

Gazprom and Eni sign Memorandum of Understanding

by Timothy Reeder | Mar 22, 2017 | News

Alexey Miller, Chairman of the Gazprom Management Committee, and Claudio Descalzi, Chief Executive Officer of Eni, signed a Memorandum of Understanding at the Gazprom headquarters today. The document reflects the parties’ interest in analyzing the prospects for...