- Joe Barone, Shale Directories
- Blog
- October 23, 2020
CNOOC’s Q3 revenues down 27%, production up 5%
China’s CNOOC said on Thursday its third-quarter revenues declined 26.8% year-on-year dragged down by low oil prices, Kallanish Energy reports. The company noted in its quarterly operational update that revenues dropped to RMB 35.55 billion, with its realized oil prices falling 29.3% to average $43.03 per barrel.- Joe Barone, Shale Directories
- Blog
- October 21, 2020
Turkey tops up Tuna-1 gas discovery volumes
Turkey has topped up its Tuna-1 natural gas discovery in the Black Sea by 85 billion cubic meters (Bcm) to 405 Bcm, as it continues the search for its own hydrocarbons, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
PGNiG inks gas supply deal with Aker BP
Polish state oil and natural gas company, PGNiG, will supply Norweigan gas to Aker BP, under a contract starting this month, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 13, 2020
Gazprom hits new gas discovery in Yamal region
Russia’s state-owned natural gas giant, Gazprom, has made a new gas discovery in the Yamal region, Kallanish Energy learns from the company.- Joe Barone, Shale Directories
- Blog
- October 9, 2020
Grant to fund training for offshore wind workers
The Massachusetts Clean Energy Center has awarded $124,670 to VINCI VR, in partnership with Siemens Gamesa Energy, to develop virtual reality training for U.S.- Joe Barone, Shale Directories
- Blog
- October 9, 2020
UK grants CO2 appraisal license to Eni
Eni announced Thursday it was granted a CO2 appraisal and storage license by the UK’s Oil and Gas Authority (OGA), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 8, 2020
Total buys into emerging French floating offshore wind sector
Total announced Wednesday it has acquired a 20% stake in the EolMed floating offshore wind pilot project in France, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 7, 2020
BHP to acquire further 28% stake in Shenzi field
Anglo-Australian multinational mining, metals and petroleum firm, BHP, is to acquire a 28% stake in the Shenzi oil and gas field from Hess Corporation, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
Potential £6B savings from UK integrated offshore grid: National Grid ESO
A new report from UK grid operator National Grid ESO has found that an integrated approach offshore could save consumers approximately £6 billion ($7.7 billion) by 2050, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
Construction begins at world’s largest floating offshore wind farm
Equinor started on Thursday the construction of the first floating offshore wind farm to power oil and gas installations, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 29, 2020
Total transfers operatorship in five Brazilian O&G blocks
French supermajor Total announced Monday it has transferred its equity interests in five Brazilian exploration blocks to state-run Petrobras, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 29, 2020
Vattenfall connects its first floating solar plant
Swedish green utility company, Vattenfall, announced Monday it has opened its first floating solar farm in Gendringen, the Netherlands. The 1.2-megawatt (MW) solar farm was built on the site of sand and gravel extraction company Netterden.- Joe Barone, Shale Directories
- Blog
- September 25, 2020
German, Scottish wind associations ink cooperation deal
German wind power association WAB and Scottish wind consortium DeepWind have signed a three-year cooperation agreement to develop a market for green hydrogen from wind power.- Joe Barone, Shale Directories
- Blog
- September 23, 2020
UK’s Dogger Bank places record-breaking turbine order
The world’s soon-to-be largest offshore wind farm has broken a new record on Tuesday, placing the biggest turbine order for GE’s 13-megawatt (MW) Haliade-X model, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 18, 2020
Ohio board rescinds night ban on Lake Erie wind project
An Ohio regulatory agency has dropped a requirement that would have banned a 20.7-megawatt offshore wind farm in Lake Erie from operating at night, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 18, 2020
China’s offshore wind boom to boost steel demand
The anticipated boom in the Chinese offshore wind market is set to boost steel demand, offering slate and pipe producers advantageous opportunities, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 11, 2020
Turkey may save up to $21B with new gas discovery: Rystad
Turkey could save up to $21 billion in import costs with the future development of its giant Tuna-1 gas discovery, according to an analysis by Rystad Energy.- Joe Barone, Shale Directories
- Blog
- September 11, 2020
bp invests $1.1B in first offshore wind move
bp announced Thursday a $1.1 billion investment to enter the offshore wind sector, purchasing a 50% stake in two major developments in the U.S.- Joe Barone, Shale Directories
- Blog
- September 10, 2020
Equinor eyes Japanese offshore wind market
Equinor said Wednesday it has partnered up with utilities Jera and J-Power to jointly bid in Japan’s planned first offshore wind auction, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 9, 2020
ExxonMobil makes new discovery offshore Guyana
ExxonMobil has announced its 18th offshore Guyana crude oil discovery at the Redtail-1 well, Kallanish Energy reports. That discovery will add to the 8 billion oil-equivalent barrels projected from the Stabroek Block.- Joe Barone, Shale Directories
- Blog
- September 4, 2020
UK to review offshore oil and gas licensing regime
The UK government said Thursday it will review its offshore oil and gas licensing policy as part of its strategy to achieve net zero emissions by 2050, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 2, 2020
Total, Macquarie to build 2.3 GW of floating offshore wind in Korea
Total and Macquarie’s Green Investment Group (GIG) announced Tuesday a 50-50 joint venture to develop over 2 gigawatts (GW) of floating offshore wind capacity in South Korea, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 2, 2020
Greece, Turkey continue clashes over east Mediterranean waters
Greece on Tuesday called on Turkey to “desist from daily rants” and work towards security and stability in the region, as the countries clash over hydrocarbon resources rights.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
New offshore wind capacity of 2.5GW in operation during H1 2020
An additional 2.5 gigawatts of new offshore wind capacity was added during the first half of 2020, according to the World Forum Offshore Wind (WFO), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 24, 2020
Santos confident on post-pandemic recovery, future projects
Australia’s Santos said it remains confident its projects will be “better placed” than others when hydrocarbons prices and demand recover, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 24, 2020
Santos reports record production in first-half
Australian oil and gas company Santos has reported a record production volume in the first half of 2020, and expects a stronger second-half due to its ConocoPhillips assets acquisition.- Joe Barone, Shale Directories
- Blog
- August 18, 2020
Total, partners FID Phase 3 of Mero project in Brazil
France’s Total announced on Monday the Phase 3 of the Mero project, located offshore Brazil, has received a positive final investment decision (FID), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 14, 2020
Wind, solar plants supply 10% of global power in H1
Wind and solar energy have generated 9.8% of the world’s electricity during the first half of the year, a new analysis by UK think tank Ember showed on Thursday.- Joe Barone, Shale Directories
- Blog
- August 13, 2020
US natgas consumption to shrink 3% in 2020
U.S. natural gas consumption is set to decline 3% year-on-year in 2020, Kallanish Energy learns from the EIA’s latest Short-Term Energy Outlook (STEO).- Joe Barone, Shale Directories
- Blog
- August 13, 2020
Chevron confirms EastMed assets major driver in Noble’s merger
Chevron and Noble Energy confirmed on Tuesday the driving force behind their proposed $5.08 billion merger has been Noble’s Eastern Mediterranean assets, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Asset sale to NEO Energy will help Total’s crisis plan: CFO
Total said Thursday its sale of non-core assets in the UK North Sea to NEO Energy is contributing to its action plan amid the “economic crisis,” Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Brazil’s Buzios field sets new record production level
Brazilian state-run oil company Petrobras announced on Wednesday a new monthly production record in its pre-salt Buzios field, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- August 7, 2020
GeoPark’s Q2 gas prices average $2.8/Mcf
Independent Latin American oil and gas explorer, GeoPark, saw its natural gas prices and sales decline 38% in the second quarter, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 3, 2020
Total Gabon divests seven mature offshore fields
French oil and gas major Total has announced that its Gabon affiliate is to divest seven mature offshore oil fields, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Eneco, Shell win Dutch tender for innovative offshore wind farm
The Netherlands awarded the tender for the subsidy-free offshore wind farm Hollandse Kust (noord) to CrossWind – a joint venture between Shell and Eneco, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 23, 2020
Chevron’s Noble Energy takeover bets on gas future
Chevron’s recently announced Noble Energy takeover bets on future natural gas demand and more geographic diversity, Kallanish Energy learns from GlobalData.- Joe Barone, Shale Directories
- Blog
- July 21, 2020
Israel’s Leviathan gas field production hit by declining demand
Israel’s offshore Leviathan gas field experienced declining gas production volumes and prices in Q2 2020, following a drop in regional demand as a result of the Covid-19 pandemic, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 21, 2020
German offshore wind industry calls for incentive system
The German offshore wind industry has called on the government to consider an “efficient” levy system to expand the country’s offshore wind capacity to support its green transition.- Joe Barone, Shale Directories
- Blog
- July 20, 2020
Chinese natgas output up 9.4% in June
China’s natural gas production increased by 9.4% year-on-year in June to an average of 15.2 billion cubic meters (Bcm), according to the National Bureau of Statistics of China (NBS).- Joe Barone, Shale Directories
- Blog
- July 17, 2020
Total eyes stake sale in North Sea gas pipeline
French major Total is reportedly looking to sell its 27.5% stake in the Shearwater Elgin Area Line (SEAL) natural gas pipeline in the UK North Sea.- Joe Barone, Shale Directories
- Blog
- July 16, 2020
Petrobras halves time, cost of post-salt drilling
Brazilian state-run oil company Petrobras has halved the time and cost of drilling a well in mature post-salt fields, offshore Brazil, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 15, 2020
Nord Stream gas pipeline shuts for routine maintenance
Nord Stream natural gas pipeline has started a 12-day routine maintenance, with both lines of the system shutting down for planned works, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 9, 2020
Ørsted signs world’s largest long-term PPA for offshore wind
Danish offshore wind leader Ørsted signed on Wednesday the world’s largest long-term power purchase agreement (PPA) with Taiwan’s semiconductor company TSMC.- Joe Barone, Shale Directories
- Blog
- July 8, 2020
Denmark approves pipelaying update on Nord Stream 2 permit
The Danish Energy Agency has given the green lights for the developer of the Nord Stream 2 gas pipeline to use pipelaying vessels with anchors to potentially finish construction of the project, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 3, 2020
Hydrogen is no silver bullet to zero-carbon economy: sources
Hydrogen has a key role to play in the future energy systems, but “it’s no silver bullet,” European pro-hydrogen speakers said in an industry webinar on Thursday.- Joe Barone, Shale Directories
- Blog
- July 1, 2020
Leviathan partners ink new domestic gas deal
The partnership developing Israel’s Leviathan offshore gas field has inked a new domestic supply, increasing the number of local deals to 14, the companies said on Tuesday.- Joe Barone, Shale Directories
- Blog
- June 30, 2020
CNOOC makes major discovery offshore China
China’s oil and gas company CNOOC announced on Monday a “significant” oil and gas condensate discovery off the South China Sea, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 24, 2020
TechnipFMC bags two new contracts from Equinor
UK’s oilfield services company, TechnipFMC, has bagged two new contracts from Norway energy major Equinor, Kallanish Energy reports. The deals are worth up to $189.7 billion and comprise pipelaying and subsea installation for projects in the Norwegian Continental Shelf, Equinor said on Tuesday.- Joe Barone, Shale Directories
- Blog
- June 19, 2020
Sakhalin Energy granted 5-year license extension
Russia’s Sakhalin Energy, the operator of the Sakhalin-2 LNG plant, said on Thursday its oil and gas licenses have been extended for another five years, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 18, 2020
IEA unveils framework for future government energy action
The International Energy Agency has released an energy sector framework for governments to boost economic growth, create new employment opportunities and accelerate cleaner energy infrastructures.- Joe Barone, Shale Directories
- Blog
- June 18, 2020
Growth in global renewables consumption offers ‘pivotal moment’: BP
The continued increase in global use of renewable energies could provide a “pivotal moment” following the Covid-19 pandemic, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 18, 2020
Gazprom seeks alternative ways to complete NS2 pipeline
Gazprom and partners are seeking ways to proceed with the completion of the Nord Stream 2 gas pipeline, from Russia to Germany, circumventing U.S.- Joe Barone, Shale Directories
- Blog
- June 17, 2020
ExxonMobil slashes Guyana oil output to control flaring rates
ExxonMobil has had to reduce its crude oil production in Guyana to avoid surpassing gas flaring limits imposed by the government, according to the country’s Environmental Protection Agency (EPA).- Joe Barone, Shale Directories
- Blog
- June 15, 2020
TANAP to reach full delivery capacity to Turkey
The Trans Anatolian Natural Gas Pipeline (TANAP) is expected to reach a milestone by month-end, delivering the contracted 6 billion cubic meters (Bcm) of Azeri gas to Turkey, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 12, 2020
Construction of TAP gas pipeline nears completion
The Trans Adriatic Pipeline (TAP) AG consortium has completed the construction of its 105 km long offshore pipeline section across the Adriatic Sea, moving towards the final stage of the project.- Joe Barone, Shale Directories
- Blog
- June 12, 2020
Equinor, Aker BP agree terms for major North Sea development
Equinor said Thursday it has agreed on commercial terms with Aker BP for a major coordinated development of their North Sea licenses, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 9, 2020
DSME bags Novatek’s $748M LNG barge deal
Russia’s liquefied natural gas (LNG) giant Novatek has placed the order for two LNG barges for its Murmansk and Kamchatka transshipment terminals, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 8, 2020
Premier Oil renegotiates terms for BP’s asset acquisition
Premier Oil said on Friday it has renegotiated terms for its proposed acquisition of some of BP’s assets in the UK North Sea, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 5, 2020