Norway grants record number of 83 offshore licenses

Norway granted 83 blocks to explore for petroleum resources in the Norwegian continental shelf. The number of the blocks offered is a record, something that indicates a rising interest from oil companies in Norway’s oil sector.

A lack of large discoveries on the Norwegian continental shelf has raised concerns that Norway’s oil sector could be declining. For this reason, the government aspires that more licenses could lead to more activity.

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https://safety4sea.com/norway-grants-record-number-of-83-offshore-licenses/

Equinor confirms gas discovery south of Kristin field

Four major oil and gas firms have proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well. Norwegian oil major Equinor and compatriot Petoro, US-based giant ExxonMobil and French Total, estimate recoverable resources at 6-25 million barrels of oil equivalent.

We are pleased to start the new year by announcing a new discovery. Exploring for resources close to existing infrastructure is a central part of Equinor’s strategy to further develop the Norwegian...

https://safety4sea.com/equinor-confirms-gas-discovery-south-of-kristin-field/

Isandlwana TSHD to Address Channel High Spots at Port of Mossel Bay

Shadrack Tshikalange

The Dredging Services division of Transnet National Ports Authority (TNPA) has confirmed that its Isandlwana trailing suction hopper dredger has left the Port of Durban and will arrive in the Port of Mossel Bay on 09 December 2018 for approximately 10 days to address some high spots in the port’s entrance channel.

Dredging the high spots was a necessity ahead of an oil drilling expedition from December 2018 to March 2018 by petroleum refining company, Total, where supply vessels that support the...

http://www.sashippingnews.com/2018/12/14/isandlwana-tshd-to-address-channel-high-spots-at-port-of-mossel-bay/

Eni, Total partner with Sonatrach for offshore exploration in Algeria

Italian oil major Eni and French energy major Total signed an agreement with Algeria’s state-owned oil company Sonatrach, for offshore exploration in the North African country. In parallel, Eni and Total will also pursue obtaining exploration permits that will allow for the rapid completion of the hydrocarbon potential assessment.

The Chairman and Director General of Algeria’s state oil company Sonatrach, Abdelmoumem Ould Kaddour, the Chief Executive Officer of Eni, Claudio Descalzi, and the...

https://safety4sea.com/eni-total-partner-with-sonatrach-for-offshore-exploration-in-algeria/

Adani And Total Join Forces To Become Major Integrated Downstream Player In Indian Energy Market

Energy-Market_LNG Terminal

Adani and Total have signed an agreement to jointly develop multi-energy offerings to the Indian energy market. The diversified portfolio includes Liquefied Natural Gas (LNG) and Fuel Retail.

This strategic partnership between Total and Adani Group will, therefore, allow creating:

A major footprint in LNG business

Total, the world’s second-largest LNG private player, and Adani, the largest infrastructure conglomerate in India, will serve the fast-growing gas demand of the Indian market.

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https://www.marineinsight.com/shipping-news/adani-and-total-join-forces-to-become-major-integrated-downstream-player-in-indian-energy-market/