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Hamel takes the Helm as GECF Secretary General

Jan 03, 2022

Mohamed Hamel from the People's Democratic Republic of Algeria has assumed office as the fourth Secretary General of the Gas Exporting Countries Forum (GECF), the global platform of leading gas exporting countries.He was appointed to the helm…

OPEC+ to Stick with Planned February Output Increase, Sources Say

Jan 03, 2022

OPEC+ is expected to stick to its plans for a February output increase when it meets on Tuesday, predicting a mild and short-lived impact on demand from the Omicron coronavirus variant, three sources from the group of oil producers told Reuters on Monday…

Carnarvon Spuds Buffalo-10 Well

Dec 31, 2021

Carnarvon Energy announced drilling has commenced at the Buffalo-10 well in the Timor Sea as the Australian oil and gas company aims to confirm sufficient hydrocarbons to support an economic development at the shut in Buffalo field north of Australia…

Cairn Hires Former BP Exec Smith as COO

Dec 30, 2021

Cairn Oil & Gas, India’s largest private exploration and production company, said it has appointed former BP executive Martyn Smith as chief operating officer.Smith is joining Cairn with 35 years' experience in reservoir and petroleum engineering and subsurface geoscience disciplines…

Oil Prices Hold Near $80 on Tight Supply and Stocks Drop

Dec 29, 2021

Oil prices held close to $80 a barrel on Wednesday as global supply outages and declining U.S. inventories offset worries that rising coronavirus cases might reduce demand.Brent crude rose to as much as $79.20 a barrel before retreating to trade 24 cents down on the day at $78…

CETO JIP to develop Low Pressure Solutions for CO2 Ship Transport

Dec 29, 2021

Equinor, Shell, TotalEnergies, Gassco and DNV announced the kick-off of a new JIP to develop low-pressure solutions for the transportation of CO2 by ships. The CETO (CO2 Efficient Transport via Ocean) JIP will carry out the technology qualification…

Malaysian Securities Regulator Charges Serba Dinamik, Seeks Arrest of CEO

Dec 29, 2021

Malaysia's securities regulator said it is seeking the arrest of oil and gas services firm Serba Dinamik Holdings' chief executive and has charged company officers with submitting a false statement to the country's stock exchange.In a statement issued on Tuesday…

Technology: Integration Paves Way for True Digital Transformation

Dec 29, 2021

Oil and gas is achieving next-generation results in design, operation and forecasting by integrating digitalization both within companies and across industry.True, cutting-edge digital transformation of the oil and gas industry requires widespread integration of the technology and regular…

Interview: André Lima Cordeiro, Executive Manager, Subsea Systems, Petrobras

Dec 29, 2021

Brazil has always pushed the boundaries of deepwater exploration and production – and it’s still doing so today. With some of the world’s largest deepwater reservoirs, that are often complex in themselves, it’s had to come up with new solutions…

Chevron Extends Contracts with Shelf Drilling in Gulf of Thailand

Dec 28, 2021

Shelf Drilling announced it has secured contract extensions for a pair of jack-up drilling rigs with Chevron Thailand Exploration and Production, Ltd. for operations in the Gulf of Thailand.The extensions for the Shelf Drilling Chaophraya and…

Floating Offshore Wind: Attention Turns Subsea for Power Transport

Dec 28, 2021

From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is now being paid to floating and even subsea substation concepts to help bring this power to shore. Over the past year, expectations…

Tech Start-Ups Drive Brazil’s Oil & Gas Industry

Dec 28, 2021

As an industry central to global energy supply, many consumers may believe that the oil and gas sector is relatively resistant to fluctuation. However, amid the myriad pressures felt throughout the global economy over the past year and a half…

S. Africa Court Stymies Shell Offshore Seismic Survey

Dec 28, 2021

A South African high court today blocked Shell from conducting seismic testing offshore from South Africa's pristine Wild Coast, in the latest ruling in a case seeking to prevent the oil major from exploring for oil and gas.On Dec. 3 a different…

China Oil Demand to Peak by 2030

Dec 27, 2021

China's oil consumption is expected to keep growing for a decade on robust chemical demand, reaching a peak of about 780 million tonnes per year by 2030, a research institute affiliated with China National Petroleum Corp (CNPC) said on Sunday…

Regulator Orders Shell to Keep Prelude FLNG Output Shut Until it Can Prove It Is Safe

Dec 24, 2021

Australian oil and gas industry safety regulator NOPSEMA has ordered Shell to keep the giant Prelude FLNG facility off W. Australia shut until it can convince the regulator that it can keep the facility properly powered and that the safety systems are operational…

Current News

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Philippines Makes First Offshore Gas Discovery in Over a Decade

Philippines Makes First Offshore Gas Discovery in Over a Decade

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