Drilling & production

More than 2200 commercial divers will be needed to help build and develop Europe’s offshore wind sector as it rapidly expands over the next six years, according to leading industry analysts.

DONG Energy has signed a supply agreement with IBERDROLA for the supply of 1 billion cubic metres per year of LNG.

Coal prices have dropped by 10% globally due to falling demand in China, while traditional markets in Europe and South East Asia remain depressed.

African National Congress (ANC) Youth League leader, Julius Malema, has announced that the party will debate nationalisation of the mining industry as part of its national conference in September. Barry Baxter asks whether the party is planning to publicly knock Malema’s proposals on the head?

Plans to drill for oil and gas in Sicilian waters have met with stiff opposition from local authorities and campaigners.

BP has started to scale back its clean-up operations but there is still disagreement about how much more work is necessary.

Evonik Power Minerals has announced the completion of the purchase of the remaining shares in Hargreaves Coal Combustion Products Ltd.

The US DOE’s annual wind market report shows positive growth for the industry as a whole, with record levels of new capacity coming online.

August 2010: Kay Sever outlines what uncooperative attitudes are really costing you.

Ormat Technologies has bought Constellation’s 50% stake in the Mammoth geothermal complex, and plans to expand capacity.

BP is selling its gas, exploration and processing business in Colombia to a consortium of Ecopetrol and Talisman.

The Bain Report published in 2008 suggests there are 5000 direct full time employees recorded in the UK large-scale wind energy industry and wave and tidal industries combined.

Ecuador has pledged not to drill for oil in an area of pristine Amazon rainforest in exchange for US$ 3.6 billion worth of payments.

BP has announced that the MC252 well appears to have reached a static condition. The well pressure is now being controlled by the hydrostatic pressure of the drilling mud, which is the desired outcome of the static kill procedure carried out.

In the largest single deal by an Indian company in Australia, Linc Energy has agreed to sell its Galilee Basin coal deposits to India’s Adani Enterprises in a deal worth up to AU$ 3 billion.