Energy Update
Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, has signed a contract with Hakuryu 5, a subsidiary of Japan Drilling, regarding the leasing of a drilling rig for construction of a prospecting and appraisal well at the Ayashsky licence block, located on the continental shelf of the Sea of Okhotsk.
Venture Global LNG (Venture Global) has selected GE Oil & Gas as a strategic partner to provide a plant-wide technology solution for its liquefied natural gas (LNG) export facilities under development in Louisiana.
A minimal investment in high-quality components can have a big impact on a project’s bankability, improving the safety and efficiency of an installation and protecting its long-term health. The connectors and cabling in a solar PV system have always been vital to its safety and performance, even though they typically make up just 1.5 to 2 percent of the total overall cost of a project.
Jeff Grybowski is CEO of Deepwater Wind, the company that built the first offshore wind farm in the United States, currently generating energy off the coast of Rhode Island. He’s not at all concerned about finding the supply chain to construct his next project, the 90-MW Deepwater ONE South Fork wind farm, which was approved last month by the Long Island Power Authority (LIPA).
In May 2016, then-candidate Donald Trump released his America First Energy Plan, including a number of measures to be taken within the first 100 days of his presidency. Broadly speaking, these commitments reflect the intent of the Trump administration to deregulate domestic U.S. energy production to drive private sector growth for coal, oil, and natural gas.
Matador Resources has formed a joint venture with a subsidiary of Five Point Capital Partners to operate and expand midstream assets in the Delaware Basin in the US.
The Technical University of Madrid last week said that it will work with seven European R&D institutions to develop a new generation of ultra-compact energy storage devices based in molten silicon and solid state heat-to-power converters.
Sonnen GmbH, a German manufacturer of batteries for residential and commercial energy storage, plans to combine research and manufacturing at a new facility in Atlanta as part of a U.S. expansion.
A study has found gaps in cyber security readiness in American oil and gas industry even though 68% of the companies faced at least one security compromise in the past year.
Mexico’s plans to develop its shale oil resources have finally taken a step forward following years of largely fruitless efforts by the state owned company Pemex.
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