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Reabold Signs Rig Contract for West Newton Well

Mar 26, 2019

UK-based Reabold Resources said Rathlin Energy UK Ltd has signed a rig contract for the onshore UK West Newton appraisal well.The appraisal well at West Newton will have two objectives. The first objective is to appraise the Kirkham Abbey Formation gas discovery which has a 72 per cent…

Van Oord, SGRE Win Windpark Fryslân Job

Mar 26, 2019

The consortium of Van Oord and Siemens Gamesa Renewable Energy (SGRE) has signed a conditional contract to build the Windpark Fryslân nearshore wind farm in the Netherlands.The large-scale nearshore wind farm is to be built in the Frisian part of the IJsselmeer in the Netherlands to Zuiderzeewind…

TX Refineries Cut Output as Spill Curbs Shipping

Mar 25, 2019

Royal Dutch Shell Plc and LyondellBasell Industries cut production on Monday at their Houston-area oil refineries because of shipping disruptions along a waterway affected by a petrochemical fire and spill, according to people familiar with the matter…

Oil Prices Near Flat

Mar 25, 2019

Oil prices were little changed on Monday as investors shrugged off fears of a global economic slowdown and focused on the prospect of tighter supply and lower U.S. crude inventories ahead.Brent crude oil futures climbed 30 cents to $67.33 a barrel by 11:56 a…

Bahrain LNG Terminal to Start Commercial Operations in May

Mar 25, 2019

Bahrain's liquefied natural gas (LNG) terminal will start commercial operations in May, with the first LNG shipment to be imported mostly from the UAE's ADNOC, state media quoted the CEO of Bahrain’s National Oil and Gas Authority (NOGA) as saying…

Schlumberger to Avoid New Field Management Work

Mar 25, 2019

Oilfield services firm Schlumberger will stop taking new field management contracts that have been criticized as requiring heavy upfront investments while it seeks to monetize existing deals, the company's chief executive said on Monday.Paal Kibsgaard…

Cyclone Halts Production off W. Australia

Mar 25, 2019

Australia's Woodside Petroleum said on Monday it had evacuated all personnel from offshore production platforms off Western Australia ahead of Cyclone Veronica, and was operating the North West Shelf LNG and Pluto LNG plants on skeleton staff…

First Condensate Cargo Shipped from Prelude

Mar 25, 2019

Royal Dutch Shell on Monday said it had shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia over the weekend.'We can confirm that the first shipment of condensate has sailed from the Shell-operated Prelude FLNG facility…

Sinopec to Develop Weirong Shale Gas Field

Mar 25, 2019

Sinopec Corp, China's biggest shale gas operator, said on Monday it plans to develop a new field this year able to produce 1 billion cubic meters (bcm) of shale gas annually.The state-run company said the field will tap a proven reserve equivalent to 124…

Fire Breaks Out at Kazakhstan Oilfield

Mar 25, 2019

A fire has broken out at the onshore Kalamkas oilfield in Kazakhstan's western Mangistau province, the country's emergencies committee said on Monday.MangistauMunaiGas (MMG), the company which operates the field and is owned by Kazakh state energy firm KazMunayGaz and China's CNPC…

Nord Stream 2 Expecting Denmark Approval

Mar 25, 2019

The Russian-led Nord Stream 2 gas pipeline company expects to receive approval from Danish authorities for a 180-km stretch of the pipeline under the Baltic Sea in time to finish the pipeline by the end of 2019 as planned, a spokesman said on Monday…

US Buyers Turn to Offshore Crude

Mar 25, 2019

U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are scooping up oil produced in the region.Those two companies produce…

Gasum Appoints Torbjörn Holmström as Director

Mar 25, 2019

The Annual General Meeting of Gasum Ltd elected Torbjörn Holmström as a new member to the Board of Directors.The new member of the Board, Torbjörn Holmström (b. 1955, M.Sc Mechanical Engineering) has over 30 years' experience in the Swedish commercial vehicle industry…

US Re-fracking Balloons to 550 Wells

Mar 25, 2019

The horizontal re-frac market within the US onshore scene has boomed in the recent years, with the number of horizontal re-frac jobs increasing every year over the last 10 years, said a report.According to Rystad Energy, the energy research and business intelligence company…

Exxon, Chevron Accelerate Shale Production

Mar 25, 2019

The two biggest U.S. oil companies Chevron and ExxonMobil plan to significantly ramp up production in the US shale heartland as the oil behemoths are seeking to go from shale to scale in the Permian.Rystad Energy’s shale team analysed as to…

Current News

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

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Unspecified number of deaths and missing in Texas flash flood
Petrobras CEO: Weighing options for Polo Bahia offshore fields, including selling, is one of the options being considered by Petrobras.
There are at least 13 deaths in Texas flash floods; more than 20 young campers have gone missing
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