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Anadarko, CNOOC Ink Mozambique LNG Deal

Feb 01, 2019

Anadarko Petroleum Corp said on Friday a long-term agreement had been signed with the trading division of China's state-owned offshore oil and gas producer CNOOC Ltd to supply liquefied natural gas (LNG) from Mozambique.The deal will bring it…

Siemens Gamesa to Suppy 270 Turbines in India

Jan 31, 2019

Siemens Gamesa Renewable Energy (SGRE)  has won a new order in India from ReNew Power, India's large largest renewable energy independent power producer (IPP), for the supply of 270 SG 2.1-122 wind turbines with a total capacity of 567 MW.The…

Wintershall Appoints Helge Beuthan to Head ME

Jan 31, 2019

Germany's largest crude oil and natural gas producer Wintershall Holding has appointed Helge Beuthan as new general manager of its Middle East division in Abu Dhabi.Beuthan, the current vice president for global subsurface evaluation, would…

Becker Intros New Sail Tech

Jan 31, 2019

Hamburg-based Becker Marine Systems is now taking another step forward – wind operated vessels.'We will see different hybrid systems on board vessels in the future. There will be ships and services where sailing provides a real option for supporting propulsion…

MOL's LNG-Fueled Tug Begins Bunkering

Jan 31, 2019

Japanese shipping company Mitsui O.S.K. Lines (MOL) that its LNG-fueled tugboat 'Ishin' bunkered LNG fuel in Sakai Senboku Port for the first time, in preparation for test operation.MOL ordered the vessel from Kanagawa Dockyard. This is the…

Norden Gets Sembcorp Contract

Jan 31, 2019

Danish shipping company Dampskibsselskabet Norden has signed a ten-year Panamax contract of affreightment (COA) with Indian utility firm Sembcorp Energy India.Commencing April 1, Norden will carry out the transportation of steam coal in panamaxes…

Exxon Reorganizing Exploration Units

Jan 31, 2019

Exxon Mobil Corp on Thursday outlined a major reorganization of its global exploration businesses aimed at reversing years of weak oil and gas output.Chief Executive Darren Woods, who took over the helm two years ago, has spent billions to buy production…

New Board Members, Directors at Petrobras

Jan 31, 2019

Brazilian state-run oil company Petroleo Brasileiro SA (Petrobras) said on Thursday that its board had approved the nominations of Eduardo Bacellar Leal Ferreira to be its chairman and João Cox as a board member.It also signed off on the nominations…

Storms, Snow Disrupt Exports from Russian Baltic

Jan 31, 2019

Storms, snow and freezing temperatures in Russia's northwest to the south have delayed some oil product exports but the fall in volumes so far has not been exceptional for the time of year, industry sources said on Thursday.Products are mainly shipped from ports on the Baltic coast…

Sunoco Pipeline to Pay $5.4 mln for Oil Spills

Jan 31, 2019

Pipeline operator Sunoco Pipeline LP has agreed to pay roughly $5.4 million to settle claims over crude oil spills from 2013 to 2015 in three U.S. states, the U.S. Department of Justice said in a statement late on Wednesday.* Sunoco, an Energy Transfer LP unit…

Enterprise Products Texas Crude Pipeline to Begin Limited Service

Jan 31, 2019

Enterprise Products Partners LP's repurposed natural gas liquids pipeline in the Permian Basin will begin limited operations to carry crude oil in February to the U.S. Gulf Coast, the company said on Thursday.The Houston pipeline operator has…

ConocoPhillips Beats Profit Estimates

Jan 31, 2019

ConocoPhillips beat quarterly profit estimates on Thursday as the world's largest independent oil producer sold more oil at higher prices, sending its shares up 2 percent before the opening bell.Total production, excluding Libya, rose 94,000 barrels of oil equivalent per day (boe/d) to 1…

Baker Hughes Adjusted Profit Surges 85%

Jan 31, 2019

Baker Hughes, General Electric Co's oilfield services arm, posted an 85 percent jump in adjusted quarterly profit on Thursday, boosted by surging demand for its services.Unlike rivals Schlumberger NV and Halliburton Co, Baker Hughes has less exposure to the North American pressure pumping sector…

Seasight Davits Bags First Siemens Gamesa Order

Jan 30, 2019

Spanish manufacturing company Siemens Gamesa Renewable Energy has placed an order with Danish outfit Seasight Davits for 58 davit cranes for the SeaMade offshore wind farm in Belgium.'As it is the first Siemens Gamesa order received, we are…

Record Year for US Wind Energy

Jan 30, 2019

American utilities signed contracts for 4,304 megawatts (MW) of wind power in 2018 that, when combined with non-utility purchases, reached the highest level on record for overall Power Purchase Agreements (PPA) activity with 8,507 MW in 2018…

Current News

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Japan’s JERA Agrees Long-Term LNG Supply from Middle East

Japan’s JERA Agrees Long-Term LNG Supply from Middle East

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

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