Energy Update
Located in 1,372m of water in the prolific Mars-Ursa basin around 210km from the Louisiana coast, the field is being developed in two phases as a subsea tieback
The post Shell begins production at Kaikias deepwater oil field in Gulf of Mexico appeared first on Compelo.
The vessel will support operations at Hornsea Project Two off the UK coast, which, upon completion in 2022, will become the world’s biggest wind farm capable of powering
The post ABB to provide technology to LDA’s offshore windfarm service vessel appeared first on Compelo.
The Project comprises the development of the Ngamia and Amosing fields to produce an estimated 60,000 barrels per day of oil which will be transported to Lamu, on
The post WorleyParsons bags contract from Tullow Oil for Kenyan onshore oil project appeared first on Compelo.
Located near Injune, about 680km northwest of Brisbane, the project involves drilling of 137 new wells, construction of a 140km gas and water gathering network, two 4G communication
The post Santos, GLNG partners to invest $303m in Australia’s Arcadia gas project appeared first on Compelo.
China plans to build a network of 12,000 charging stations to meet the power demands of 5 million EVs by 2020.
Berkshire Hathaway subsidiary NV Energy is planning to invest $2 billion on solar power from six new projects in Nevada representing 1 GW of capacity.
In a May 30 update, Ormat Technologies said that damage to the Puna Geothermal complex caused by lava from the Kilauea volcanic eruption in Hawaii has made it difficult for the company to determine when the plant will resume operations.
New sponsors/investors often ask whether a solar investment tax credit (“ITC”) can be clawed back. This is important because these investors are often asked to backstop the ITC. The short answer is that the “unvested” portion of the credit can be clawed back where the project is sold or turned off permanently. The real risk, however, is whether the ITC was miscalculated. Let us first set the stage.
The Ichthys project involves development of the Ichthys gas and condensate field offshore North West Australia and a gas transmission pipeline together with an onshore LNG plant near
According to the Norwegian oil exploration and development company, the discovery is not being considered to be commercial as of now. However, it will review the well results
The post Aker BP reports gas discovery in Svanefjell prospect in Barents Sea appeared first on Compelo.
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