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Islamist Militants Kill Six at Oil and Gas Production Site in Pakistan

May 24, 2023

Islamist militants stormed natural gas and oil production facilities in northwest Pakistan on Tuesday, killing four police and two private guards, police and the operator said.The attack by up to 50 militants took place at facilities run by MOL Pakistan Oil and Gas Company…

Shell Cuts Oil Imports at Singapore Refinery Amid Mooring Repairs

May 22, 2023

Shell has cut crude oil imports at its Singapore refinery this month and is relying on smaller tankers after extending repairs at its single buoy mooring (SBM) facility to June, according to government notices and shipping data.The company is…

Bangladesh's Moheshkhali LNG Terminal Back to Nearly Full Capacity

May 22, 2023

Bangladesh's Moheshkhali liquefied natural gas (LNG) terminal, operated by Excelerate Energy, resumed supply at nearly full capacity late on Sunday, two government officials told Reuters, after being closed for about a week due to a deadly storm…

Asian Spot LNG Prices Slip to Two-year Low

May 19, 2023

Asian spot liquefied natural gas (LNG) prices slipped to their lowest level in two years on weak demand and high inventories, while European LNG prices also fell below the $10 mark amid healthy stock build and limited need for additional supply…

Shell Faces Tense Shareholder Meeting as Profits and Climate Collide

May 19, 2023

Shell will likely face one of its most acrimonious annual meetings next week as it struggles to balance investor pressure to capture profits from oil and gas and a vocal minority saying it must move faster to tackle climate change. Big Oil firms…

Sakhalin Energy Sues Svitzer over Tugboats

May 19, 2023

Russia's Sakhalin Energy operating company has filed a lawsuit in a Russian court over tugboats owned by Denmark's Svitzer, a unit of shipping and oil group A.P. Moller-Maersk, court documents showed on Thursday. The Russian court on the Pacific…

Helix Q7000 Sets Sail Ahead of Severe Storm Forecast, Embarking on Tui Oil Field Decommissioning

May 18, 2023

Helix Energy Solutions' semi-submersible vessel Helix Q7000 which earlier this week arrived in Port Taranaki, New Zealand, ahead of its planned decommissioning work at the Tui offshore field, has already set off from the port ahead of a forecasted significant storm event…

Aramco Names Presidents for Upstream and Downstream Businesses

May 18, 2023

Saudi Arabian oil giant 2 Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company's growth plans. The newly created positions and appointments…

Vietnam Bets Big on LNG, South China Sea Gas Fields Amid Supply, Security Risks

May 17, 2023

Vietnam's plan to quadruple by 2030 its gas processing capacity, turning it into its first source of energy, marks a big bet on imported liquefied natural gas (LNG) and its reserves in the South China Sea, despite supply and geopolitical risks…

Jadestone Energy Gets NOPTA Nod for CWLH Title Transfer, Key to Drawing RBL

May 17, 2023

Asia-pacific focused oil and gas company Jadestone Energy has received approval from Australia’s National Offshore Petroleum Titles Administrator (“NOPTA”) for the title transfer relating to the acquisition of the interest in the Cossack, Wanaea…

Beach Energy Boosts Gas Supply to Australian East Coast Market with Two Otway Basin Wells

May 17, 2023

Australian oil and gas company Beach Energy said Wednesday it had connected the offshore Otway Basin Thylacine North 1 and 2 development wells to the Otway Gas Plant and is now delivering additional gas into the Australian East Coast gas market…

QatarEnergy Awards $10B EPC Contract to Technip Energies-led Joint Venture

May 16, 2023

QatarEnergy has awarded Technip Energies-led joint venture with Consolidated Contractors Company (CCC), a $10 billion engineering, procurement, construction, and commissioning contract for the onshore facilities of the North Field South Project (NFS)…

Kuwait's Oil Firm Seeks to Exit Norway

May 16, 2023

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, industry sources said. Kuwait Foreign Petroleum Exploration Company (Kufpec) hired Scotiabank to run the sale…

Seajacks' Zaratan Jack-up Reserved for Asia Pacific Work

May 16, 2023

Eneti's offshore installation services subsidiary Seajacks UK has signed a reservation agreement, for its NG 5500 jack-up vessel, Seajacks Zaratan, for employment in the Asia Pacific region for between five and six months. The reservation agreement…

Taiwan's Formosa 2 Offshore Wind Project Officially Inaugurated

May 16, 2023

Construction of the Formosa 2 offshore wind project in Taiwan has been completed, with the milestone marked by an inauguration ceremony at the Waipu Fishing Port in Miaoli to celebrate the successful construction of the offshore wind farm. With…

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