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(Fri, 22 Jun 2018) In 2017, a group of the world’s largest publicly traded oil and natural gas producers added more hydrocarbons to their resource base than in any year since 2013, according to the annual reports of 83 exploration and production companies. Collectively, these companies added a net 8.2 billion barrels of oil equivalent (BOE) to their proved reserves during 2017, which totaled 277 billion BOE at the end of the year.

The plant is owned and operated by E.ON. Valmet’s delivery scope will include system software and hardware, field engineering and installation. This is Valmet’s first radial steam turbine

SOURCE Hydropanels, developed by the US-based ZMW, is an off-grid, solar-powered technology which extracts water vapor from the air into a proprietary absorbent material. The water flows into
The post ADB supports new drinking water solution in Philippines appeared first on Compelo.

The project involves updating the grid management system implemented by Indra in 1996 and forms part of KPLC’s upgrade program for its main business systems that was launched
The post Indra wins contract to implement grid management solution for Kenya’s KPLC appeared first on Compelo.

As part of the funding package a grant of £434k has been secured from the Department for Transport (DfT) under the Future Fuels for Flight and Freight Competition
The post Velocys secures funding to advance development of waste-to-jet fuel appeared first on Compelo.

DEA is awarded the two production licences (PL) applied for: 20% in PL 960 (Equinor operator) and 15% in PL 964 (Aker BP operator). DEA Norway exploration manager
The post DEA wins rights for two licenses in the Barents Sea appeared first on Compelo.

The cash-only consideration was drawn down under Boralex’s existing revolving credit facility. In order to finance this acquisition over the longer term, Boralex will use the $100 million
The post Boralex completes acquisition of 331MW wind portfolio in France appeared first on Compelo.

This expansion adds 2.0 million tons of nameplate capacity to Shale Support, increasing the organization’s total capacity to 5.0 million tons annually. Shale Support president and co-founder Jeffrey
The post Shale Support acquires two natural mines in Louisiana appeared first on Compelo.

The transaction marks the entry of Mubadala Petroleum in the offshore Egyptian block located in the in the Mediterranean Sea which contains the supergiant Zohr gas field. On
The post Eni completes sale of $934m worth stake in Shorouk concession to Mubadala appeared first on Compelo.

As part of the agreement, Equinor will provide industry knowledge and business needs to support Microsoft in developing new solutions for our industry. Microsoft will provide expertise to
The post Equinor and Microsoft team up for cloud services in Norway appeared first on Compelo.

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