LogIn LogOut

Latest News - page 336

 

U.S. Crude Rises as One-fifth of Oil Production Lost Ahead of hurricane

Oct 09, 2018

U.S. crude prices were modestly higher on Tuesday as nearly one-fifth of daily oil production was lost from offshore Gulf of Mexico wells due to Hurricane Michael.Oil producers including Anadarko Petroleum Corp, BHP Billiton, BP and Chevron…

SOCAR's New Oil Refinery in Turkey to Start Up Next Week

Oct 09, 2018

Azeri state energy company SOCAR plans to start up its new oil refinery in Turkey next week, a spokeswoman at SOCAR's Turkish division said on Tuesday.The $6.3 billion Star refinery, the first in Turkey built in 30 years, will supply feedstock…

Oil Prices Rise as Iranian Crude Exports Fall

Oct 09, 2018

Oil prices rose on Tuesday on growing evidence of falling crude exports from Iran, OPEC's third-largest producer, before the imposition of new U.S. sanctions and a partial shutdown in the Gulf of Mexico because of Hurricane Michael.Benchmark Brent crude jumped by $1…

Clean Ops Offshore: Johan Sverdrup Powered from Shore

Oct 09, 2018

With a flip of the switch, Kjell-Børge Freiberg, Norway's Minister of Petroleum and Energy, opened a new era in offshore oil and gas operations, initiating the 'power-from-shore solution' that will provide the Johan Sverdrup field in the North Sea with electricity for more than 50 years…

Natural Gas is Here to Stay, Big Oil Says

Oct 09, 2018

Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy.Top oil companies including Royal Dutch Shell, BP…

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…

Borealis to Invest in Port of Antwerp

Oct 08, 2018

The Austrian petrochemical company Borealis has announced that it is to build a new production plant on its existing site in Kallo, in the Antwerp port area.According to a press release, the propane dehydrogenation (PDH) plant will use the very…

DOF Bags Contract Extension in Brazil

Oct 08, 2018

Norwegian supply shipping company DOF ASA said its vessel Skandi Hav has been granted a 226-day extension by Petrobras in support of work offshore Brazil.The 1983-built Skandi Hav is now secured firm until June 8, 2019.The vessel is currently…

C-Innovation Opens New Dock Facility

Oct 08, 2018

C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, said it has opened a new dock facility in Port Fourchon, La., to expand the capabilities of its Subsea Services group.The new facility is located…

GoM Offshore Platforms Evacuated Ahead of Hurricane

Oct 08, 2018

Energy companies on Monday halted nearly a fifth of Gulf of Mexico oil production and evacuated staff from 10 platforms as Hurricane Michael intensified and headed for a path up the eastern U.S. part of the Gulf.BHP Billiton, BP, Equinor and…

Equinor Evacuates GoM Platform Ahead of Storm

Oct 08, 2018

Norweigan state-oil company Equinor on Monday evacuated personnel from its Titan oil platform in the U.S. Gulf of Mexico ahead of Hurricane Michael, a spokesperson for the company said.Other Gulf of Mexico producers, including BP and Exxon Mobil…

Eni to Acquire Half of BP's Libya Oil and Gas Assets

Oct 08, 2018

Italy's Eni has agreed to buy half of BP's 85 percent stake in a Libyan oil and gas licence with the aim of resuming exploration next year, the companies said on Monday.Eni will acquire the 42.5 percent stake and become the operator of the exploration…

Eni to Acquire Half of BP's Libya Oil and Gas Assets

Oct 08, 2018

Italy's ENI agreed to buy half of BP's 85 percent stake in a Libyan oil and gas licence with the aim of resuming exploration next year, the companies said on Monday.Eni will acquire the 42.5 percent stake from BP and become the operator of the…

Norway to Spend More Looking for O&G Near Russian Border

Oct 08, 2018

Norway plans to step up spending on looking for oil and gas in the northern Barents Sea close to its border with Russia, the country's 2019 budget showed on Monday.The government has proposed to allocate an extra 50 million Norwegian crowns ($6…

Exxon Mobil Pulls Staff From Gulf Platform Ahead of Tropical Storm Michael

Oct 08, 2018

Exxon Mobil said on Monday it was evacuating personnel from a Gulf of Mexico platform as Tropical Storm Michael approached the U.S. Gulf of Mexico.The world's largest publicly traded oil producer does not currently expect the staff reduction at its Lena production platform to impact output…

Current News

Abu Dhabi's Al Seer Marine Buys LPG Tanker Duo for $67M to Meet Growing Demand

Abu Dhabi's Al Seer Marine Buys LPG Tanker Duo for $67M to Meet Growing Demand

Oil Plus Wins Produced Water Projects Off Qatar

Oil Plus Wins Produced Water Projects Off Qatar

Western Gas Spuds Sasanof Well, Offshore W. Australia

Western Gas Spuds Sasanof Well, Offshore W. Australia

Equinor Plans Investment Decision on S. Korea Floating Offshore Wind Farm in 2024

Equinor Plans Investment Decision on S. Korea Floating Offshore Wind Farm in 2024

Shell in Talks with Indian Consortium to Sell Russian LNG Plant Stake

Shell in Talks with Indian Consortium to Sell Russian LNG Plant Stake

LNG Prices Could Stay High for a Few Years, Woodside CEO Says

LNG Prices Could Stay High for a Few Years, Woodside CEO Says

LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell

LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell
photo

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com