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Corvus Energy Gets Shell Ventures Investment

Aug 12, 2019

Canadian-Norwegian battery maker Corvus Energy announced that it has finalized an investment deal with Shell Ventures.The investment is a step towards Shell’s ambition to decrease the carbon footprint of the energy products they sell by around 20% by 2035 and by around 50% by 2050…

DNV GL Launches OMA Services

Aug 12, 2019

The world’s largest resource of independent energy experts and certification body DNV GL launched a new service in The Operational Modal Analysis (OMA), also known as ambient modal identification, detects the modal properties of a structure…

Centrica Extends Stork Contract

Aug 12, 2019

Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets…

Trafigura Started Crude Shipments via U.S. Pipeline Cactus II

Aug 12, 2019

Global commodities trader Trafigura has started shipments of Permian basin crude to the Corpus Christi oil hub in Texas via the newly operational Cactus II pipeline system, the company said in a statement on Monday.Trafigura signed a long-term…

Sabine Pass LNG Train 6 Under Construction

Aug 12, 2019

The liquefied natural gas company headquartered in Houston Cheniere Energy said that through Cheniere Partners, it is developing six natural gas liquefaction Trains at the Sabine Pass LNG (SPL) terminal adjacent to the existing regasification facilities…

Mayer Brown Advises on HK FSRU Project

Aug 12, 2019

Law firm Mayer Brown advised CLP Power Hong Kong on the Hong Kong offshore LNG terminal project, which involves the use of floating storage and regasification unit (FSRU) technology for the first time in Hong Kong. The FSRU will receive, store…

Industrial Internet to Help Upstream Sector

Aug 12, 2019

There has been a growing interest among oil and gas companies in adopting the Industrial Internet to improve sustainability and market competitiveness, said a study.According to data and analytics company GlobalData the upstream sector is witnessing…

US Reduces Upstream Activity Abroad

Aug 11, 2019

Rystad Energy data reveals that from 2014 to 2018, companies in Asia which experienced a merger and acquisition showed the most significant growth globally, increasing oil and gas production by about 1.4 million boepd by investing heavily in Asia…

Oil Outlook Becomes Gloomier: Rystad

Aug 09, 2019

Rystad Energy said the oil market was going “from gloomy to gloomier”, calling into question the consultancy's own bullish view for the first part of 2020.Recent developments in the oil market have sent cold shivers through Rystad Energy’s oil market team…

Qatar Invests in US Midstream Crude firm

Aug 09, 2019

Qatar's sovereign wealth fund Qatar Investment Authority (QIA) has purchased a significant stake in US-based Oryx Midstream Services, the largest privately held crude midstream provider in the Permian Basin.The stake was acquired from an affiliate of Stonepeak Infrastructure Partners…

China Fixes First U.S. Crude Cargo Since Latest Tariff Threat

Aug 09, 2019

Chinese oil trader Unipec chartered a supertanker to ship U.S. crude to China in September, trading sources said, the first such cargo since U.S. President Donald Trump announced additional tariffs on Chinese import, ending a monthlong trade truce…

Venezuela, China Expanding Crude Oil JV

Aug 09, 2019

A Venezuelan oil joint venture with a state-owned Chinese company has started an expansion project to boost output to 165,000 barrels per day (bpd), President Nicolas Maduro said on Thursday, from a current capacity of 110,000 bpd.Sinovensa…

U.S. LPG Exports Grow by 22%: Dorian LPG

Aug 08, 2019

U.S. liquefied petroleum gas (LPG) exports have grown year-over-year by 22% to 22.5 million tons year-to-date (YTD) and Middle East exports have grown on the same basis 3.5% to 22.6 million tons, said Dorian LPG.For the first time, U.S. and Middle East volumes were equal…

DNV GL Can Issue IECRE Certificates Now

Aug 08, 2019

The international accredited registrar and classification society DNV GL has become the world’s first certification body approved to issue IECRE - International Electrotechnical Commission (IEC) System for Certification to Standards relating…

Anadarko Shareholders Go for Cash in Oxy Buyout

Aug 08, 2019

Shareholders of Anadarko Petroleum Corp on Thursday voted overwhelmingly to sell the company for $38 billion to rival Occidental Petroleum Corp, ending a short-lived contest that pitted two of the most storied names in the oil industry against one another…

Current News

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

DOF Secures Moorings Hook-Up Job in Asia Pacific

DOF Secures Moorings Hook-Up Job in Asia Pacific

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Floating Offshore Wind Test Center Planned for Japan

Floating Offshore Wind Test Center Planned for Japan

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

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