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China's Top Gas Field to Produce Record Amount of Gas This Year

Oct 08, 2018

China's Changqing oil and gas field, operated by state energy giant PetroChina, is expected to produce record amount of natural gas this year exceeding 38 billion cubic meters (bcm), as more wells were brought online, its parent company CNPC said on Monday…

Boskalis Wins Subsea Contract at Tyra Gas Field

Oct 04, 2018

Royal Boskalis Westminster N.V. has been awarded the Tyra Redevelopment Subsea Installation Phase II contract by Total E&P Denmark.The sizable contract includes subsea engineering, procurement, fabrication and installation for the Tyra Redevelopment…

OMV to Buy Siberian Assets from Gazprom Instead of Swap

Oct 03, 2018

OMV has agreed to buy Siberian assets from Gazprom instead of swapping them, the Austrian oil and gas group said on Wednesday.In 2016, OMV agreed to swap 38.5 percent of its Norwegian assets for 24.98 percent of the Russian company's Urengoy gas field…

Nordstream 2 Important for Europe -German Energy Minister

Oct 01, 2018

The Nordstream 2 pipeline is important to secure energy supplies and Russia is a safe and reliable provider of gas for Germany, Thomas Bareiss, German state secretary for energy, said at a conference in London on Monday.The Nordstream 2 pipeline…

Equinor Eyes Chevron's Stake in Rosebank Field

Sep 28, 2018

Norway's Equinor is interested in buying Chevron's stake in Rosebank, an oil and gas field in the British part of the North Sea, two sources close to the process told Reuters.Chevron on Wednesday said that it had received interest from a potential…

Israeli, Egyptian Partners Buy into Pipeline to Allow Gas Deal

Sep 27, 2018

Israeli and Egyptian partners have agreed to purchase 39 percent of the shares in the EMG pipeline for $518 million, a deal that will enable natural gas exports from Israel to Egypt to begin as early as the start of 2019, the companies said on Thursday…

Current News

Equinor Tries Again for a Japan Offshore Wind Lease

Equinor Tries Again for a Japan Offshore Wind Lease

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

CNOOC Starts Production at Another Oil Field in South China Sea

CNOOC Starts Production at Another Oil Field in South China Sea

ABS Takes Charge of Digital Twin Project for Petrobras’ FPSOs

ABS Takes Charge of Digital Twin Project for Petrobras’ FPSOs

Petronas to Proceed with South China Sea Oil and Gas Exploration

Petronas to Proceed with South China Sea Oil and Gas Exploration

Fugro Names Annabelle Vos Director for Middle East & India

Fugro Names Annabelle Vos Director for Middle East & India

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QUOTES-Russian companies suffer prohibitively high rates of interest
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