Apex International Energy Discovers Oil in Egypt’s Western Desert
Cairo, Egypt, 18 January 2021 – Apex International Energy (Apex), which is backed in part by UK energy investment firm Blue Water Energy, today announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt. The discovery was achieved at the SEMZ-11X well located 10 kilometers west of Zarif field, […]
GPS Group and VARO Energy embark on further expansion: Port of Amsterdam set for new rail system
Today, GPS Group, the growing storage and logistics provider, and VARO Energy (“VARO”), a downstream energy company active in North West Europe, announce that they are further strengthening their strategic partnership. The formal beginning of the construction of a new railway line and ethanol storage tanks, at the Port of Amsterdam, represents the expansion of the companies’ […]
Drilling Systems’ On The Rig (OTR) simulator training helps Wellesley reduce exploration risks
Drilling the well on a simulator before its drilling project in the Norwegian North Sea has proved so successful for oil and gas exploration company, Wellesley Petroleum, it is now looking to roll out the initiative across other well projects. WELLESLEY COMMISSIONED A MOBILE ‘ON THE RIG’ (OTR) DRILLING SIMULATOR The simulator trained Dolphin Drilling’s […]
Optilan strengthens and expands the business
● Following the appointment of Bill Bayliss as CEO in January, leading international communications and security specialist, Optilan, has used the last six months to proactively commence the re-shaping of the Company the Company with additions to the Senior Leadership Team. ● Optilan has sold its Russian businesses as part of the reshaping, recently won projects in South America […]
Transform, The World’s Most Technologically Advanced Energy Sector Training Platform, Launches Today
● Created by 3t Energy Group, Transform revolutionises training – creating the energy sector’s first truly integrated training solution, driven by cutting-edge technology combined with 3t’s industry-leading remote learning tools. ● Pioneered by Paul Stonebanks OBE, Transform drives efficiencies, cuts costs and reduces industry emissions for IOCs, NOCs, and energy services providers – already working […]
MAJOR BOOST FOR UK ENERGY SECTOR AS UK’S BIGGEST TRAINING PROVIDER REOPENS
● Leading training centres Survivex, in Aberdeen, and AIS Training, in Newcastle, part of 3T Energy Group, reopen after enforced closure due to coronavirus. ● Vast array of Coronavirus measures: on-site antibody tests, temperature checks, PIC of Coronavirus safety – operating at 20% capacity to allow for safe reopening. ● Bellwether for the UK’s energy […]
Siccar Point future shines a light on changing North Sea private equity strategies
News article from Merger Markets • Development spend, further acquisitions, to build portfolio value – CEO• Hedging mitigates low oil price impact through 2021 – CEO• RBL and bond look risky in prolonged low-price environment – bankers “After a pulled sale attempt earlier this year, Siccar Point Energy is moving ahead with developing its portfolio […]
Siccar Point Energy Announces Cambo FID Deferral to 2021
Operator Siccar Point Energy E&P Ltd (‘Siccar Point’), and its joint venture partner, Shell UK, have announced the deferral of the planned sanction date for the Cambo project to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19. The Cambo field, located 125km northwest of the Shetland Islands and in a water […]
Varel International Energy Services announces multi-million-dollar investment from Blue Water Energy
Varel International Energy Services, the international supplier to the Oil & Gas industry, has announced a multi-million-dollar investment from Blue Water Energy, the international private equity firm that specialises in the energy sector. Varel International Energy Services (VIES) is the parent company of Varel, the global supplier of drilling solutions focused on the Oil & […]
Unique Group acquires Western Advance’s Marine & Subsea Division in Western Australia
Unique Group strengthens Asia-Pacific presence with new acquisition Leading integrated subsea and offshore solutions provider, Unique Group has announced the acquisition of the Australian-company Western Advance’s Marine Division and appointment of Chris Forde as its new regional vice-president. Western Advance’s integration with Unique Group ties in with the Group’s strategy to enhance its portfolio of autonomous solutions for marine, offshore and subsea industry […]
Edge LNG plant solution reduces waste of natural gas and reduces carbon emissions
Edge LNG revolutionises the oil production problem of natural gas wastage – usually released into the air or burnt by flaring – Edge offer a solution at the wellhead using portable trucks whereby the gas is chilled to liquid form for storing and shipping. A solution which is increasing revenues and reducing greenhouse gas emissions. […]
Optilan appoints new CEO Bill Bayliss to expand operations and continue growth plan
Leading communications & security company Optilan appoints new CEO Bill Bayliss to expand operations and continue growth plans ● Bill Bayliss will succeed Richard Buckland as Chief Executive Officer and Director following a short handover period. ● Bayliss, who joins the company immediately, has experience building international businesses and will lead the continued growth of […]