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New Well Testing Technology

Nov 14, 2018

New technology from Schlumberger delivers well testing performance data in real-time.Schlumberger has introduced well testing live performance technology at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC). The new technology…

Wind to be EU's Largest Power Source in Ten Years

Nov 13, 2018

Wind power is set overtake coal, nuclear and gas to become the EU’s largest power source well before 2030. This is according to the International Energy Agency’s (IEA) 2018 World Energy Outlook.According to the IEA’s projections, wind energy will become the EU’s largest power source in 2027…

OMV, Sapura Energy Sign Pact

Nov 13, 2018

Malaysia’s Sapura Energy has entered into a heads of agreement with Austria’s OMV to form a strategic partnership and acquire half of Sapura Upstream for $1.6 billion.'Under the agreements, OMV Exploration and Production GmbH (OMV E&P), a wholly-owned subsidiary of OMV Aktiengesellschaft…

Corallian Energy on Course for Wick Exploration Well in December

Nov 13, 2018

UK-based Corallian Energy has revealed that the UK Government had looked favourably upon its plans for two offshore exploration wells.The Offshore Petroleum Regulator for Environment and Decommissioning, which sits within the Department for Business…

Subsea 7 Goes to Taiwanese Offshore Wind Market

Nov 13, 2018

Norway's Subsea 7  subsidiary Seaway Offshore Cables (SOC) has won a contract to supply and installation of the export and inner array grid cable system for the Yunlin Offshore Wind Farm project by YunNen Wind Power Company, a company of the WPD Group…

India Publishes Draft Wind Turbine Certification

Nov 13, 2018

India's Ministry of New and Renewable Energy (MNRE) has issued a draft scheme on wind turbines in India. Known as the ‘Indian Wind Turbine Certification Scheme’ (IWTCS), the draft has been prepared in consultation with the National Institute of Wind Energy (NIWE)…

Eidesvik Offshore Bags CGG Charter

Nov 13, 2018

Norway's Eidesvik Offshore said that a company in the group has entered into an agreement with a CGG subsidiary for a new contract for the source vessel Veritas Viking.The contract is 5 months firm with further options and will commence ultimo November 2018…

Novatek Ships First LNG Cargo To China Via Arctic

Nov 13, 2018

Novatek Gas and Power Asia, wholly owned subsidiary of Russia’s largest independent natural gas producer Novatek, shipped a cargo of liquefied natural gas (LNG) produced from the Yamal LNG project to China National Offshore Oil Corporation (CNOOC)…

Oil Slumps to One-year Low

Nov 13, 2018

Oil's slide accelerated on Tuesday, with U.S. futures suffering their steepest one-day loss in more than three years due to ongoing worries about weakening global demand and oversupply.U.S. futures closed down 7.1 percent, for a record 12th straight decline and the lowest since November 2017…

U.S. Calls on Hungary and Neighbors to Shun Russian Gas Pipelines

Nov 13, 2018

U.S. Energy Secretary Rick Perry called on Hungary and its neighbours to reject Russian gas pipelines which Washington says are being used to cement Moscow's grip on central and eastern Europe.Energy diversification would be crucial for the region…

Largest-ever Bismuth Plug Deployed

Nov 13, 2018

Metal-to-metal downhole sealing solutions provider BiSN said it recently deployed the largest-ever bismuth plug in the Valhall A-30 well, Norway, in conjunction with AkerBP and Altus Intervention.BiSN’s Wel-lok M2M technology – which can be…

Start-up of Turkey's $6 bln STAR Oil Refinery Delayed

Nov 13, 2018

The commercial start-up of Turkey's new $6.3 billion oil refinery has been delayed until early next year and the plant is not expected to reach full capacity until mid-2019, three sources familiar with the matter said, as tests revealed minor faults…

China LNG Growth Not Slowing -Woodside

Nov 13, 2018

China's appetite for liquefied natural gas (LNG) has not slowed, but its purchases have been spread more evenly, avoiding last year's sudden spike to meet winter demand, Australia's top independent LNG producer said on Tuesday.LNG demand from North Asia's main hubs in Japan…

Impact of U.S. Court Ruling on Keystone XL Timing Unclear-TransCanada

Nov 13, 2018

TransCanada Corp is reviewing a decision by a Montana judge blocking construction of the Keystone XL pipeline expansion, but the impact on project timing remains unclear, the company's top crude pipeline executive said on Tuesday.'We're going through the decisions…

Ca Tam Field to Start Production January 15

Nov 13, 2018

Vietsovpetro, a Vietnam-Russia oil joint venture, will start crude oil production at the Ca Tam field offshore southern Vietnam from Jan. 15, three sources with knowledge of the matter said on Tuesday.Ca Tam is the first new field to be brought…

Current News

Optimizing Cathodic Protection Survey Using Non-contact Sensors

Optimizing Cathodic Protection Survey Using Non-contact Sensors

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

CNOOC Starts Production at Gas Field in Bohai Sea

CNOOC Starts Production at Gas Field in Bohai Sea

Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Unique Group Acquires Subsea Innovation

Unique Group Acquires Subsea Innovation

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