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The long-term agreement was signed by Qatar Petroleum for Sale of Petroleum Products Company Ltd. (QPSPP) and Oriental Energy (Singapore), with the contract starting in January 2019. Qatar

The Oseberg Vestflanken 2 field has been developed with an investment of NOK6.5bn ($800m) on the Oseberg H platform, which is operated remotely from the Oseberg field centre.
The post Equinor begins production from Oseberg Vestflanken 2 field appeared first on Compelo Energy.

At the High Court in London today (12 October) Mr Justice Supperstone dismissed a last minute request for an interim injunction to prevent this from happening, and also

A consortium of Saipem’s subsidiary, Saipem Contracting Netherlands, Boshelf and STAR GULF FZCO, has been awarded a SURF contract by Total for the development of the Absheron field
The post Saipem secures offshore E&C contracts worth $400m appeared first on Compelo Energy.

OZD has purchased all of the outstanding shares and debt of Centerra Netherlands, BVBA which is the 100% direct shareholder of the Company’s Mongolian subsidiaries, Boroo Gold and
The post Centerra Gold sells Mongolian business unit to OZD appeared first on Compelo Energy.

The total consideration will comprise $19.7m, payable in Polymetal shares. Polymetal Group CEO Vitaly Nesis said: “Obtaining a controlling stake in Veduga will allow us to explore multiple
The post Polymetal increases stake in Veduga gold project appeared first on Compelo Energy.

Located in the Ekofisk area on the Norwegian Continental Shelf (NCS), the King Lear is a gas and condensate discovery that was made in 1989. Equinor southern North
The post Equinor to sell stake in King Lear discovery to Aker BP appeared first on Compelo Energy.

As part of this joint venture agreement, Active Energy Group and Georgia Renewable Power will install CoalSwitch facilities at three biomass-to-energy power plants in US totaling 165MW. The
The post Active Energy forms JV with Georgia Renewable Power appeared first on Compelo Energy.

The UK could meet a significant slice of carbon emissions’ target if it more widely deployed distributed energy technologies.

This week in London to kick off the Year in Infrastructure event, Siemens and Bentley Systems announced a further integration of their respective platforms with the combination of Bentley's and Siemens’ asset performance management (APM) software capabilities. The companies say that the integration will allow power plant owners to take full advantage of digitalization, which helps improve maintenance operations and planning.

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