BP agrees deal with Kosmos Energy to partner on world-class discoveries in Mauritania and Senegal and cooperate on future exploration

by Timothy Reeder | Jan 3, 2017 | News

BP announced recently that it has signed agreements with Kosmos Energy to acquire a 62% working interest, including operatorship, of Kosmos’ exploration blocks in Mauritania and a 32.49% effective working interest in Kosmos’ Senegal exploration blocks — acreage...

Total makes $207 million investment in Tellurian to develop integrated gas project

by Timothy Reeder | Jan 3, 2017 | News

Tellurian Investments Inc. (“Tellurian”) and Total announce today that Total is acquiring approximately 23% of Tellurian at $5.85 per share for an amount of 207 million dollars to develop an integrated gas project, from the acquisition of competitive gas production in...

Statoil wins offshore wind lease in New York

by Timothy Reeder | Jan 3, 2017 | News

Statoil has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York. Statoil will now have the opportunity to explore the potential development of an offshore wind farm to provide New York City and Long Island...

Shell starts oil production from Malikai deep-water platform in Malaysia

by Timothy Reeder | Jan 3, 2017 | News

Shell has started oil production from the Malikai Tension-Leg Platform (TLP), located 100-kilometres off the coast of the Malaysian state of Sabah. Located in waters up to 500-metres deep, Malikai is Shell’s second deep-water project in Malaysia, following the...

Siemens to supply key components for five power plant units in Republic of the Sudan

by Timothy Reeder | Dec 13, 2016 | News

Siemens has signed an agreement in Berlin yesterday with Sudan’s state-run energy provider Sudanese Thermal Power Generating Company (STPGC) to supply five SGT5-2000E gas turbines. These machines will deliver a combined electrical generating capacity of some 850...

Gazprom and Rosatom sign Program for scientific & technical cooperation

by Timothy Reeder | Dec 13, 2016 | News

Gazprom and the Rosatom state nuclear energy corporation today signed in Moscow the 2017–2019 Program for scientific & technical cooperation. The Program is aimed at providing Gazprom with new technologies and innovative products, including import-substituting...