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History News

 

New Book Release: Why Only Two FPSOs in the U.S. Gulf of Mexico?

Oct 09, 2018

The Late Start and Twenty Year Saga.More than 40 years have passed since the trailblazing Shell Castellon started operation as the first floating production storage and offloading (FPSO) unit in 1977. Ever since, hundreds of these vessels have operated worldwide…

Statoil to Rebrand as Equinor

Mar 15, 2018

Rebranding would cost up to $32.5 mln but firm plans to ramp up renewables investment.  Norway's Statoil plans to change its name to Equinor, reflecting its commitment to become a broad energy company rather than one focused only on oil…

One year On, OPEC Closer to Target Production Cuts

Feb 20, 2018

OPEC is closing in on its goal of reducing oil inventories held by industrialised nations to their five-year average, the original target of a supply-cutting pact with Russia and others, figures from the group's head of research showed on Tuesday…

Current News

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

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