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Service Operation Vessel
Petronas Takes Three Velesto Jack-up Rigs for Drilling Ops off Malaysia
Malaysian rig owner Velesto has secured work with an estimated combined contract value of $128 million for three jack-up drilling rigs for operations in Malaysi…
Oil Exploration
Qatarenergy Enters Suriname Offshore Exploration
QatarEnergy will own a 20% working interest in both blocks, where licensing of the new 3D seismic and associated exploration activities are planned.QatarEnergy …
Electric Vehicles
India Govt Panel Proposes Ban on Diesel 4-Wheeler Vehicles by 2027
India should ban the use of diesel-powered four-wheeler vehicles by 2027 and switch to electric and gas-fuelled vehicles in cities with more than a million peop…
LNG
Australian LNG Producers Rise After More Favourable Petroleum Tax Change
Shares of Australian liquefied natural gas (LNG) producers rose after the government adopted more favourable-than-expected changes to petroleum tax, ensuring th…
Oil Field
Iraq to Sign Investment Contract With Totalenergies for Flare Gas Recovery Project, Launches New Hydrocarbon Exploration Licensing Round
The project aims to recover 600 million cubic feet of gas currently being flared in oil fields located in Basra, IraqIraq’s Oil Minister, Hayan Abdul Ghan…
Oil Price
Oil Prices Surge as Economic Slowdown Fears Ease
Strong US jobs report last week allayed concerns of a recession in world's largest economyA sign posted on the window of a business looking to hire workers …
Hydrogen Production
A Framework to Advance Green Hydrogen Production
In the early 2000s, Uruguay experienced a crippling energy crisis. Lacking oil or natural gas reserves, the Uruguayan government realized that if the country we…
Power Construction
A $25BN Renewables Grid to Green Oil & Gas Platforms in the North Sea
Image credit: iweta0077 on 123rfCerulean Winds has announced plans to build an offshore integrated green power and transmission system that North Sea oil & gas …
Crude Oil
Adnoc to Supply Full Crude Volumes to Asian Buyers in July
The Abu Dhabi National Oil Company (Adnoc) has informed at least three buyers in Asia that it will supply full contractual volumes of crude in July, steady from…
Oil Field
Ithaca, Shell UK Sign Agreement on Cambo Oil Field Stake Sale
Ithaca Energy said it signed an agreement with Shell UK to market the oil major's 30 per cent stake in the Cambo oil prospect in the British North Sea.The d…
Gas Turbine
Norway Plans Wider Gas Transport Nationalisation
Norway's plan to nationalise gas pipelines owned by the Gassled company also includes an additional goal to take over other assets, including at the Nyhamna…
Natural Gas
GWC Energy Created to Bolster Global Oil and Gas Industry
Sheikh Abdulla Bin Fahad Bin Jassem Bin Jaber Al ThaniQatar’s logistics leader, GWC Group has floated a new subsidiary, GWC Energy, which is set to become the …
Natural Gas
Middle East Natural Gas Output to Rise More Than 19 per Cent by 2030, Wood Mackenzie Says
Rising exports from the region will have a 'game-changing' effect on global gas markets, consultancy saysIn February, Adnoc delivered the first LNG carg…
Natural Gas
European Natural Gas Prices Fall to 21-Month Low on Record Imports and Rising Stocks
Higher temperatures in the coming few weeks will have limited impact on LNG prices, Rystad Energy saysA regasification ship receives a consignment of gas in the…
Oil&Gas Drilling
Israel’s Newmed Energy and Partners Begin Drilling at Aphrodite Gas Field off Cyprus
Energy companies with stake in field, including Chevron and Shell, look to appraise well to confirm estimates on size and scope of the gas deposit
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