The North Sea oil and gas group Ithaca Energy suffered a decline in sales and profits following impairments, lower production and a decline in oil and gas prices. The FTSE 250-listed group announced plans in the spring to buy all of Italian competitor Eni’s North Sea assets for £754 million and lowered its production forecast […]
ONE-Dyas BV has received permits to develop the N05-A gas field and surrounding deposits in the German part of the North Sea. Following approval by the State Office for Mining, Energy and Geology (LBEG) in the Lower Saxony Ministry of Economic Affairs, Transport, Construction and Digitization, ONE-Dyas now has all permits in Germany and the […]
Historically, Africa’s approach to natural gas has been characterised by flaring or exporting as LNG, which has had minimal impact on local economic growth. But recent shifts in global energy priorities, geopolitical developments and a surge in clean energy investment are changing the continent’s gas landscape. While each of Africa’s 54 countries has unique energy […]
China Offshore Oil Engineering has officially taken delivery of one of the world’s largest oil and gas platforms from its shipyard in Qingdao. The Marjan platform for gathering and transporting oil and gas is considered by Chinese construction companies to be a breakthrough in the construction technology of large offshore oil and gas platforms. With […]
