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Oil And Gas
John Agyekum Kufuor FPSO vessel ready to set sail to Offshore Ghana
The launch ceremony was held in Singapore for the floating production, storage and offloading unit (FPSO) “John Agyekum Kufuor”.…
Statoil has made a New Gas Discovery on the Valemon field
Two years after Valemon came on stream Statoil has made a new gas discovery on the field, called Valemon West. The discovery is…
RoPax passenger ferry hull launched at Niron Staal Amsterdam
31 January 2017: Marking the completion ofthe first new build contract between Niron Staal Amsterdam and Damen Shipyards Group,…
Masdar acquires 25% stake in World’s First Floating Offshore Wind Farm
Abu Dhabi, United Arab Emirates; – Masdar, Abu Dhabi’s renewable energy company, has acquired a stake in Hywind Scotland, a…
Fugro receives contract for subsea inspection, repair and maintenance services with INPEX in…
Fugro has been awarded a contract from INPEX Operations Australia Pty Ltd (INPEX) for subsea services to be executed across the…
ExxonMobil Announces New Oil Discoveries Offshore Guyana
IRVING, Texas--ExxonMobil has officially announced positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s…
Statoil, Exxonmobil, Gassco receives consent to establish area contingency planning
The Petroleum Safety Authority Norway (PSA) have granted Statoil, Exxonmobil and Gassco to establish and participate in area…
SoCalGas to Use Fiber Optic Technology to Monitor Pipeline Leaks
LOS ANGELES, -- Southern California Gas Company has officially announced that the company will be one of the first natural gas…
Gazprom’s Gas exports to Europe hit 179.3 billion cubic meters in 2016
According to the most recent data, Gazprom produced 419.07 billion cubic meters of gas in 2016, which was some 11 billion cubic…
Wood Group secures multi-million dollar contract with Saudi Aramco
Wood Group has secured a five year, multi-million dollar framework agreement to continue to provide engineering and project…
Maersk Drilling takes delivery of its fourth XLE Jack-up Rig, Maersk Invincible
Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine…
Oil Prices Expected to Increase in 2017 – expert says
CALGARY, - Production cuts by members of the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC countries…
Statoil to Increase Exploration Drilling in 2017
Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the…
Statoil Completes Acquisition of Byrding stake
On 30 December 2016 Statoil and Wintershall Norge (“Wintershall”) completed their previously announced transaction, whereby…
Maersk Drilling secures new contract for semi-sub Mærsk Developer
Maersk Drilling has been awarded a one well contract with Repsol Colombia for the deepwater semi-submersible, Mærsk Developer. The…
ExxonMobil Announces New Natural Gas Discovery Onshore Papua New Guinea
IRVING, Texas --Exxon Mobil Corporation has announced a new natural gas discovery in the Papua New Guinea North Highlands, 13…
BP and Woolworths to deliver a World-Class Fuel for Australian Consumers
BP and Woolworths Group (Woolworths) has announced that they have agreed to enter a strategic partnership that will include BP…
Lundin receives consent for Exploration Drilling
Lundin Norway AS (Lundin) has received consent to drill exploration well 7120/1-5 in the Barents Sea.
Lundin is the operator for…
Statoil receives consent for Exploration Drilling in the Norwegian Sea
The PSA has given Statoil consent to drill exploration well 6507/3-12 in the Norwegian Sea. Statoil is the operator for production…
SOCAR and BP-operated AIOC Sign LOI for future development of the ACG Oil Field
SOCAR (the State Oil Company of the Republic of Azerbaijan) and AIOC (the Azerbaijan International Operating Company) has signed a…
Chevron Announces Sale of its Indonesia and Philippines Geothermal assets
SAN RAMON, Calif.--- Chevron Corporation has officially announced that its wholly-owned subsidiaries have entered into a sales and…
DEA Acquires Seven Licences in the Njord area
DEA strengthens the company’s position in Norway by acquiring participating interest in seven licences in the Njord area in the…
Chevron CEO: How the Trump Administration can help the United States Manage its Energy Future
When the Trump administration assumes office, the United States will have a historic opportunity to take control of its energy…
Schlumberger Signs Two Long-Term Transocean Service Agreements, Worth over $350 million
HOUSTON, —Cameron, a Schlumberger company, has officially announced the signing of two 10-year pressure control equipment…
Repsol Norge receives consent for a change to the area contingency plan for Gyda field
Repsol Norge AS has received consent for a change to the area continency plan for Gyda.
Repsol Norge AS (Repsol) is the operator…
Shell completes the sale of its Refining Company in Malaysia
Shell has completed the sale of its 51% shareholding in the Shell Refining Company (Federation of Malaya) Berhad (SRC) in…
Gullfaks Oil Field 30 Years of Existence Positions the Industry at the Forefront
Gullfaks was something of a final exam for Statoil – the first field where the company was both developer and operator. Since…
Gazprom and Wintershall Celebrates 25 Years of Scientific and Technical Cooperation
An event was held at St. Petersburg to celebrating 25 years of successful scientific and technical cooperation between Gazprom and…
Total and Petrobras Form Strategic Alliance through an Assets Package Agreement
Paris – Total and Petrobras has officially signed an Assets Package Agreement in the framework of their Strategic Alliance…
Investigations completed following an Industrial Accident at Sture Terminal
The investigations following an industrial accident involving exposure to H2S at the Sture terminal and smoke development and a…