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Boskalis Wins Woodside Scarborough Contract

Jul 30, 2019

Dutch dredging company Royal Boskalis Westminster N.V. has been awarded the contract for the seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in northwest Australia.The contract awarded by Woodside Energy Ltd…

Digitalization Boosts Renewable Sector

Jul 30, 2019

Renewable energy investors and developers are increasingly turning to digital technology to build effective investment strategies, with almost half (47%) of the finance industry saying they have digitalization as a core part of their publicly stated strategy…

USCG Investigating Offshore Facility Fatalities

Jul 30, 2019

Rear Adm. John Nadeau, who recently took command of the Eighth Coast Guard District in New Orleans, convened a formal investigation last week for the incident that occurred onboard the offshore production facility Auger, June 30, 2019.Crewmembers…

BP Profits Lifted by Production Uptick

Jul 30, 2019

A strong rise in oil and gas production helped BP offset weaker crude prices and refining profit to again beat profit expectations on Tuesday, boosting its shares.BP's second quarter contrasts with Total and Norway's Equinor, which posted sharp earnings drops…

KNOC Aims to Sell Stake in Dana Petroleum

Jul 30, 2019

State-run Korea National Oil Corp (KNOC) is considering upping the stake it is planning to sell in its British unit Dana Petroleum after failing to lure a buyer for the 30% previously on offer, banking and industry sources said.KNOC had hired…

For China, U.S. Soybeans are Small Fry

Jul 30, 2019

China's purchase of some U.S. soybeans is being viewed as a tentative sign of a little détente in the dispute between the world's two largest economies, but real progress would be a resumption of what had been a burgeoning energy trade.U.S.…

ConocoPhillips Profit Slides

Jul 30, 2019

ConocoPhillips missed Wall Street estimates for quarterly profit on Tuesday as it spent more than expected and took a hit from lower crude prices due to fears of a slowing global economy.The OPEC and Russia have put a lid on production, but…

Drydocks World to Build North Sea Platform

Jul 30, 2019

Dubai-based Drydocks World has signed a contract with Petrofac and end-client TenneT to build a High Voltage Alternating Current (HVAC) platform in the Netherlands sector of the North Sea.The service provider to the marine, offshore, oil, gas…

DNV GL Looks for Partners in LIDAR JIP

Jul 29, 2019

The international accredited registrar and classification society DNV GL calls on industry stakeholders to jointly develop acceptance criteria for LIDAR-measured Turbulence Intensity (TI).The world’s largest resource of independent energy experts…

Ocean Monarch Mobilises to Otway

Jul 29, 2019

Australian upstream oil and gas exploration and production company Cooper Energy  announced the semi-submersible drilling rig Ocean Monarch, operated by Diamond Offshore, has commenced mobilisation from the Gippsland Basin to the Otway Basin where it is to drill 2 offshore gas exploration wells…

Iberdrola Profits Up with Contribution from OWF

Jul 29, 2019

Spanish public multinational utility company Iberdrola said that its gross operating profit (EBITDA) grew by 12.5% to €4.99 billion, due to the positive performances in the United States, Mexico and Brazil and the contribution of the Wikinger offshore wind farm…

Ferrybridge Demolished for Beatrice OWF

Jul 29, 2019

The iconic former coal-fired Ferrybridge Power Station in West Yorkshire has been demolished, before the official opening of Beatrice Offshore Wind Farm in the Moray Firth.A press release from the UK-listed energy company SSE said that the world’s…

Dana Gas Finds New Oil in Kurdistan

Jul 29, 2019

Sharjah-based gas giant Dana Gas has announced that its share of the proved plus probable (2P) hydrocarbon reserves at Pearl Petroleum Company’s Khor Mor and Chemchemal Fields in the Kurdistan Region of Iraq have increased by 10 percent, following…

NPCC, Petrofac JV Bag Al Yasat Offshore Gig

Jul 29, 2019

National Petroleum Construction Company (NPCC) and Petrofac, in a joint venture with CNPC, have won a front-end engineering design (Feed) contract from Adnoc Group company Al Yasat Petroleum for the Belbazem Block Development project located offshore in Abu Dhabi…

North American LNG Exports to Grow: Study

Jul 29, 2019

North American LNG exports will grow quickly until 2023 then plateau until a second wave of capacity comes online from 2025, McKinsey Energy Insights said in 2019 North American Gas Outlook.Global LNG supply overcapacity puts pressure on US liquefaction capacity utilization…

Current News

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

TotalEnergies Sells Malaysia Offshore Gas Field Stake to Inpex

TotalEnergies Sells Malaysia Offshore Gas Field Stake to Inpex

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

Oil Hits Four-Month Low After US-Iran Doha Talks

Oil Hits Four-Month Low After US-Iran Doha Talks

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

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