Ideol SA (“Ideol”) and Taisei corporation (“Taisei”) have signed a Memorandum of Understanding (MoU) for the joint development and promotion in Japan of concrete foundations for floating offshore wind using Ideol’s patented Damping Pool® technology. Ideol is a leader in floating offshore wind with precommercial- and commercial-scale projects under development globally and with operating units...

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, is pleased to report the results of testing of the 205/26b-14 well (“Lincoln Crestal”). Highlights ·     Maximum stable flow rate of 9,800 stb/d on ESPs ·     Lincoln confirmed to contain light, 43° API oil ·     No formation water produced...

Kerogen Capital is pleased to announce that Ivor Orchard, Executive Chairman and Co-Founder, is the winner of the Oil & Gas Council’s 2019 Lifetime Achievement Award. The Oil & Gas Council is one of the largest networks of oil and gas executives in the world. The Council Awards programme, now in its 11th year, represents...

Pandion Energy AS (Pandion Energy) has entered into an agreement with ConocoPhillips Skandinavia AS (ConocoPhillips) to acquire a 20 percent interest in PL 891, containing the Slagugle prospect. The license is located in the prolific Haltenbanken area of the Norwegian Sea in blocks 6608/10, 11 and 12. Contingent on approval by the Norwegian Ministry of...

The first operational results of the 2 MW Floatgen floating wind turbine, equipped with the Ideol floating foundation and installed on the Sem-Rev test site (Atlantic Coast of France), meet and even exceed expectations. Ideol’s patented technology is now fully validated and ready for commercial-scale deployments. During the first half of 2019, the floating wind...

Energean Oil and Gas plc (LSE: ENOG, TASE) is pleased to announce that it has signed a Detailed Agreement (“Agreement”) with Israel Natural Gas Lines (“INGL”) for the transfer of title (the “hand over”) of the near shore and onshore part of the infrastructure that will deliver gas from the Karish and Tanin FPSO into...

​​​​​​​The NEDO, Japan’s New Energy and Industrial Technology Development Organization, owner of the project, announced in late May that the so-called Hibiki floating offshore wind turbine has satisfied all permitting requirements and has officially been inaugurated. Hibiki was tugged from Kitakyushu Port on the 29th of August 2018, and arrived at the site before facing...

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, is pleased to provide an operational update in relation to the Early Production System development of the Lancaster field. On 4 June 2019, the Aoka Mizu FPSO’s start-up phase completed with a 72-hour production test (“First...

Ideol, the internationally recognized leader in floating offshore wind, and Atlantique Offshore Energy (AOE), Chantiers de l’Atlantique Business Unit specialized in Offshore projects providing leading EPCIM solutions of substations to the bottom-fixed offshore wind industry, held a whole-day technical seminar in Paris today and unveiled the details of their universal and market-ready solution to the...

Zennor Petroleum Limited (“Zennor”), through its subsidiary Zennor Pathway Limited, is currently developing the 100% owned Finlaggan field in the UK Central North Sea (block 21/05c and 21/05d, Licence P2013). The development project is targeting 30mmboe of gas condensate reserves from two subsea production wells tied back 20km to the Britannia platform. Drilling update Zennor...