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Kosmos encounters oil in US Gulf of Mexico well
Kosmos Energy has discovered oil after drilling the Winterfell infrastructure-led exploration (ILX) well in the US Gulf of Mexico.
The...
EXPLORATION & PRODUCTION
REFINING
Samsung bags $1bn contract for Sarawak methanol plant in Malaysia
Samsung Engineering has won a $1.07bn contract from Sarawak Petchem (Sarawak Petchem) to construct...
BP to close loss-making Kwinana oil refinery in Australia
Faced with continued losses, the UK petroleum giant BP has decided to close the...
Chesapeake Utilities to build new CNG station at Port of Savannah
Chesapeake Utilities has teamed up with Atlanta Gas Light (AGL) to build a compressed...
RENEWABLES
OFFSHORE
Portuguese floating wind farm begins power supply to grid
A 25MW floating wind farm project in Portugal has begun supplying power to the grid, demonstrating the viability for such floating power facilities anywhere...
MMT to conduct surveys on Equinor’s lease area offshore New England
MMT US, a subsidiary of MMT Group, has been chosen to provide geophysical survey services to US offshore wind company Equinor Wind.
Under the contract,...
India’s ONGC achieves early first gas at Krishna Godavari basin block
State-owned company Oil and Natural Gas Corporation (ONGC) has started gas production at the 98/2 Block in the Krishna Godavari Basin, offshore India, ahead...
Production begins at SK408 gas fields offshore Malaysia
SapuraOMV Upstream has announced the start of gas production from the SK408 gas fields offshore Malaysia.
The first gas has been produced following the start-up...
TECHNOLOGY
PETRONAS Research takes part in FASTsubsea’s subsea pump development
PETRONAS’ subsidiary PETRONAS Research has signed an agreement with FASTsubsea to participate in the development of a low-cost, topside-less subsea multiphase pump to increase...
BP invests in geospatial analytics software provider Satelytics
BP Ventures has announced an investment of $5m in cloud-based geospatial analytics software company Satelytics.
Satelytics in engaged in monitor environmental changes, including methane emissions,...
McDermott chosen for UK-specific NET Power design
McDermott International has secured a contract from 8 Rivers Capital for its NET Power UK project that aims to generate emission-free electricity.
The project, which...
Wind energy performance optimizer WindESCo secures $10m funding
WindESCo, a wind energy performance optimization company, has secured $10m funding in a Series B round led by WAVE Equity Partners.
The funding round also...