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Oil & Gas
OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
LNG
23-04-2023
Baker Hughes to Supply Gas Turbine for Petronas Sabah LNG Project
Baker Hughes, an energy technology company, has been awarded an order to be booked in 1Q23 by Black & Veatch, a subcontractor to the JGC and Samsung Heavy Industries consortium, to deliver two LM9000-driven compressor trains for the PETRONAS nearshore
Natural Gas
23-04-2023
Major Shifts in Global Energy Market Could Spell the End of Cheap Natural Gas
While U.S. natural gas futures prices have fallen sharply in recent months, higher prices and increased volatility could be on the long-term horizon as the energy transition accelerates and European markets respond to recent supply constraints.Rising U.S.
Natural Gas
23-04-2023
Firebird Energy Ii Announces Partnership With Quantum in the Permian Basin
FireBird Energy II LLC ("FireBird II" or the "Company") announced the Company has secured equity commitments in excess of $500 million anchored by funds managed by Quantum Energy Partners (Quantum).The founders and employees of FireBir
Natural Gas
23-04-2023
Buru Energy Provides Rafael Gas and Condensate Commercialisation Update
Buru Energy has announced that as part of its continuing efforts to identify the most value accretive development of its potentially large scale Rafael conventional gas and condensate discovery in the Canning Basin, it has completed a pre-feasibility stud
Oil & Gas Supply
23-04-2023
Oil Discovery Near the Gudrun Field in the North Sea
The well was drilled about 5 km west of the Gudrun field in the North Sea, and about 230 km west of Stavanger. The objective of the well was to prove petroleum in reservoir rocks in the intra-Draupne Formation from the Upper Jurassic.Well 15/2-2 S encount
Oil & Gas Supply
23-04-2023
Halliburton Nigeria Oil Production Facility Reaches 10 Mmbbl Milestone
Halliburton Testing and Subsea (TSS) Nigeria is celebrating two significant milestones: an early production facility (EPF) recently processed its 10 millionth boe . Equally impressive, the team reached the milestone with zero lost-time incident (LTI) days
OPEC
23-04-2023
Putin, Saudi Crown Prince Discuss OPEC Cooperation
(Bloomberg) – Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman talked about OPEC+ cooperation by phone, the Kremlin said.Vladimir PutinThe two leaders expressed satisfaction with the level of coordination within OPEC+
LNG
23-04-2023
CEO: Woodside’s Stalled Browse LNG Project Still ‘Very Attractive'
(Reuters) — Woodside Energy Group Ltd.'s CEO played down concerns over the status of its long-delayed Browse LNG project on Friday after the company reported a decline in first-quarter sales revenue relative to the December quarter.The estimated A
Oil Pipeline
23-04-2023
Colombia’s Cano Limon-Covenas Pipeline Attacked for Ninth Time in 2023
(Reuters) — The suspension of pumping operations at Colombia's Cano Limon-Covenas oil pipeline will be prolonged after a new bombing attack damaged its infrastructure in the country's Arauca province, oil transportation company Cenit said.
Oil Pipeline
23-04-2023
Chad Nationalizes Exxon’s 621-Mile Pipeline as Dispute Over Asset Sale Escalates
(Reuters) — Chad has recalled its ambassador to neighboring Cameroon in the latest escalation of a dispute over the sale by Exxon Mobil of its oil assets in both countries to Savannah Energy.Chad said in a statement late on Thursday that the president of
Oil Pipeline
23-04-2023
Pipeline Operator TC Energy Says Keystone Oil Spill Caused by Fatigue Crack
(Reuters) — Canada's TC Energy on Friday said a 14,000-barrel oil spill from its Keystone pipeline in rural Kansas in December was primarily due to a progressive fatigue crack, which originated during the construction of the pipeline.The Calgary-b
Oil & Gas Trade
23-04-2023
CEO and CFO of Knot Offshore Partners Stepping Down
Shuttle tanker owner and operator KNOT Offshore Partners LP announced that Gary Chapman, KNOP’s CEO, and CFO, has given notice that he intends to resign from his roles at the partnership in order to pursue an opportunity outside of the shuttle t
Energy Safety
23-04-2023
UNDP Hires Boskalis to Prevent ‘Enormous Oil Disaster’ Offshore Yemen
Dutch offshore services provider Boskalis has, through its subsidiary SMIT Salvage, reached an agreement with the United Nations Development Programme (UNDP) to remove oil from a floating storage and offloading (FSO) facility moored off Yemen’s
Natural Gas
23-04-2023
Buru Energy: Study Shows FLNG Solution Is Feasible Option for Large-Scale Gas Discovery in Canning Basin
Australian oil and gas E&P company Buru Energy, together with compatriot Transborders Energy, has completed a pre-feasibility study for a floating LNG (FLNG) plant solution for its large-scale Rafael conventional gas and condensate discovery in the Ca
Oil Exploration
23-04-2023
New Task for Equinor to Handle Nonconformities at North Sea Platform
After conducting an audit of Equinor and its management of working environment risk on a platform in the Norwegian sector of the North Sea, Norway’s offshore safety regulator is awaiting a response from the state-owned energy giant regarding the
Oil & Gas Trade
23-04-2023
UK Oil & Gas Firm Bolsters Its Position by Taking Sole Ownership of Tunisian Business
London-based independent E&P company Panoro Energy has entered into a definitive agreement with Beender Tunisia Petroleum Limited (Beender) to acquire its 40 per cent shareholding in Sfax Petroleum Corporation (SPC) for a total consideration of approx
LNG
21-04-2023
GTT Receives First LNG Carrier Tank Design Order From China Merchants
In 1Q23, GTT has received its first order from its new partner the Chinese shipyard, China Merchants Heavy Industry-Jiangsu, for the tank design of four new LNG carriers, on behalf of a European ship owner.GTT will design the tanks of these four vessels,
LNG
21-04-2023
Eni and SPP Sign Gas and LNG Cooperation Agreement
Italy’s Eni and Slovakia’s SPP have signed a memorandum of understanding (MoU) on commercial cooperation in the gas and LNG sector, aimed at identifying initiatives to contribute to Slovakia’s ability to diversify gas supplie
LNG
21-04-2023
Avenir Starts LNG Deliveries to TT-Line Ferries in Port of Trelleborg
Avenir Marine, a wholly owned subsidiary of UK-based small-scale LNG company Avenir LNG, has started the delivery of LNG to Germany-based ferry owner and operator TT-Line in the Port of Trelleborg, Sweden.Courtesy of Avenir LNGThe chilled fuel was bunkere
Oil & Gas Technology
20-04-2023
Gastech 2023 to Focus on the Energy Industry’s Transformation to Meet Net Zero
The annual Gastech 2023 conference will take place at Singapore EXPO from the 5-8 September 2023.Gastech 2023, the 51st year of the landmark conference and exhibition, will bring together over 600+ speakers, including 300+ Energy Ministers, CEOs, policy m
LNG
19-04-2023
Venture Global Completes Roof Raising of 2nd Storage Tank at Plaquemines LNG US LNG producer
Venture Global Completes Roof Raising of 2nd Storage Tank at Plaquemines LNGUS LNG producer Venture Global LNG is advancing works on its Plaquemines LNG export facility in Plaquemines Parish, Louisiana, with the raising of the roof of the second LNG stora
LNG Carrier
19-04-2023
Construction of 6th LNG carrier for COSCO and CNPC kicks off in China VESSELS
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started the construction of the sixth liquefied natural gas (LNG) carrier for compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC).Courtesy of Hudong-Zhonghua Ship
LNG
19-04-2023
EU Gas TSOs Launch International Tender for Hydrogen Corridor Pre-feasibility Study
An international tender for a pre-feasibility study for the Nordic-Baltic Hydrogen Corridor, a cross-border hydrogen project being developed by six European Union (EU) countries, has been launched.Lithuanian gas transmission system operator (TSOs) Amber G
LNG
19-04-2023
Final Countdown Begins for Launch of Hong Kong LNG Terminal
The preparations for the launch of the offshore Hong Kong LNG terminal have entered its final stage following the completion of checks and clearance procedures for the floating storage and regasification unit (FSRU) which arrived in Hong Kong on 13 April.
Natural Gas
19-04-2023
Shell Completes Upgrade of Pierce Field for Gas Production
(WO) – Shell U.K. Ltd, a subsidiary of Shell plc, has completed the restart of operations at the Pierce field in the UK Central North Sea, following a significant upgrade to allow gas to be produced after years of the field producing only oil. P
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