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Oil & Gas Supply
Energy Minister: ‘We Will Never License Oil and Gas Development in the UK That Isn’t Compatible With Net Zero'
Graham Stuart insists new oil and gas licenses are compatible with UK climate goals, as he argues UK can continue to attract green investment without engaging i…
Hydrogen Production
OMV Petrom Receives Funding for Hydrogen Production Facility in Romania
Romanian oil and gas company OMV Petrom has secured financing of up to EUR 39 million under the National Recovery and Resilience Plan for the construction of a …
Crude Oil
Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat…
LNG
Qatarenergy Awards A US$10BN EPC Contract for North Field South LNG Project (Qatar)
Qatar state-owned oil and gas company QatarEnergy has awarded a US$10bn engineering, procurement, and construction (EPC) contract for the North Field South (NFS…
Oil & Gas Trade
SINOPEC, Kazakh Firm Kazmunaygas to Co-develop Polyethylene Project
China Petrochemical Corp, or Sinopec, together with KazMunayGas, a state-owned oil and gas company in Kazakhstan, will develop the biggest polyethylene project …
Crude Oil
Iran, Russia Sign 10 Oil Cooperation Deals
Iran and Russia on Wednesday signed 10 documents for cooperation in the oil industry in the Iranian capital Tehran, according to Shana News Agency affiliated to…
Oil & Gas Trade
Kuwait’s Oil Company Seeks to Exit Norway
Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, i…
Offshore Wind Power
Hywind Tampen Now Delivering to Second Oil and Gas Field
Equinor’s Hywind Tampen, the world’s largest floating offshore wind farm in operation, has started delivering electricity to the Snorre oil and gas …
Oil&Gas Drilling
Trio Petroleum Confirms “Major” Oil, Gas Accumulation in California Well
(WO) – Trio Petroleum Corp. announced that its HV-1 well has confirmed a major accumulation of oil and gas in the Presidents field in its South Salinas pr…
Oil Pipeline
High Energy and the Need for Exploration Activities Are Increasing, Which Is Driving the Industry’s Demand for Oil Country Tubular Goods
The oil country tubular goods market is anticipated to record a CAGR of 6.5% during the forecast period. The market is anticipated to grow from an estimated val…
Floating Offshore Wind
Seatwirl, Kontiki Winds to Explore Powering Oil & Gas Assets With Floating Wind
Sweden-headquartered SeaTwirl has signed a Memorandum of Understanding (MoU) with Kontiki Winds to identify and discuss the opportunities to electrify oil and g…
Oil and Gas Equipment
The Large Synchronous Motors Are Used in Various Industries for Different Applications Like Mining, Water Treatment, Separation Unit Etc.
The global large synchronous motor market is anticipated at US$ 6.5 billion in 2022. The sector is gaining pace as companies provide technologically improved la…
Oil&Gas Drilling
Shell and Petrobras Book Noble’s Drillships
Noble Corporation has won contracts with UK-headquartered energy giant Shell and Brazilian state-owned oil and gas giant Petrobras, respectively, for two of its…
Oil&Gas Drilling
‘Major’ Operator Books Transocean’s Idle Rig for Work off Australia
Offshore drilling contractor Transocean has secured a new contract with an undisclosed operator in Australia for a semi-submersible rig, which has been in idle …
Oil &Gas
Asian Downstream Summit (ADS) & Asian Refining Technology Conference (ARTC)
The Asian Downstream Summit (ADS) is Asia’s most influential downstream oil and gas event; A globally recognised brand, ADS brings together senior industry lea…
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