Regions News

 

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…

Vladimir Rusanov Opens Northern Sea Route

Jul 26, 2019

Russian natural gas producer Novatek announced that the Arc7 ice-class LNG tanker 'Vladimir Rusanov' completed the Northern Sea Route (NSR) passage via the Eastern direction, delivering an LNG cargo from the Yamal LNG project, at the port of Sabetta…

South-Khadyryakhinskoye Gas Flows

Jul 25, 2019

Russian largest independent gas producer and LNG player Novatek has begun commercial production at the South-Khadyryakhinskoye gas field, whose capacity is estimated at about 1 bcm of natural gas per year.“The South-Khadyryakhinskoye field is…

Top Turbine Makers to Spend $2.6bln on R&D

Jul 25, 2019

Research and development (R&D) expenses among the world's top ten wind turbine manufacturers are expected to exceed $2.6 billion by 2023.The  R&D expenses more than doubled in the last four years, reaching $1.8m in 2018, as demand grows for ever-bigger on- and offshore models…

China to Overtake Japan in LNG Imports

Jul 24, 2019

Japan could lose its position as the world’s top LNG importer to China as early as 2022, said a new report by consultancy group Wood Mackenzie.By then, LNG imports in Japan are expected to decline 12 per cent to 72.8 million tonnes per annum (mmtpa) compared to 2018…

DNV GL Opens 1st LiDAR Test Site in Asia

Jul 22, 2019

Global certification group DNV GL has launched its first LiDAR verification site in Asia to cater for the growing windpower market.The world’s largest resource of independent energy experts and certification body said in a press release that the site…

McDermott Wins Pre-FEED Gig by YPF

Jul 19, 2019

American multinational engineering company McDermott International announced it has been awarded a contract by Argentina-based YPF to provide pre-front-end engineering design (Pre-FEED) services for a five million tons per annum (MTPA) LNG Liquefaction Facility…

TRIG Acquires French Wind Farms

Jul 19, 2019

UK-based investment fund  The Renewables Infrastructure Group (TRIG) has acquired stakes in four French onshore windfarms, with a total capacity of 107.8 MW. InfraRed’s listed renewables vehicle did not disclose financial details of acquisitions…

Vietnam: Chinese Vessel Violated its Sovereignty

Jul 19, 2019

Vietnam on Friday accused a Chinese oil survey vessel and its escorts of violating its sovereignty and demanded that China remove the ships from Vietnamese waters.Vietnam and China have for years long been embroiled in a dispute over the potentially…

Tolent Begins Triton Knoll Base Work

Jul 19, 2019

UK based contractor Tolent started work to construct a new multi-million offshore construction and operations base for Triton Knoll has officially started at Grimsby’s Royal Dock.Having been awarded the contract last month, Tolent has now begun work to construct control room…

Santos Posts Record Production in Q2

Jul 17, 2019

Australia's No 2 independent gas producer Santos Ltd said on Thursday it had clocked record gas production in the second quarter on stronger output across its Western Australia gas assets.Production for the three months to June 30 rose to 18…

Sparrows Secures Vendor Approval from Aramco

Jul 16, 2019

Aberdeen-based equipment and integrated engineering services company Sparrows Group said it has bolstered its position in Saudi Arabia after securing vendor approval status from national oil company Saudi Aramco.The approval allows recently formed local entity…

Hurricane Energy Spuds Lincoln Crestal

Jul 15, 2019

UK-based oil exploration and production company Hurricane Energy said it has spudded the second of three wells on the Greater Warwick Area in the UK North Sea.Well 205/26b-B well, or Lincoln Crestal, was was spudded – the start of the drilling process – using the Transocean Leader rig…

SPARK Joins OSC for $450mln Biz Incubator

Jul 15, 2019

Saudi Aramco's King Salman Energy Park (SPARK) and Dubai-based Oilfields Supply Center Ltd. (OSC) signed an agreement to establish OSC as an anchor tenant at SPARK.OSC will develop a business incubator called the Common User Supply Base (CUSB) in collaboration with Saudi Aramco…

Mainstream Names Asia-Pacific Head

Jul 12, 2019

Irish wind and solar projects developer Mainstream Renewable Power has appointed Raghuram Natarajan chief executive of its Asia-Pacific business.'This key appointment to the Group’s Leadership Team, based out of its newly opened regional headquarters in Singapore…

Current News

Reliance Reaps Record Profit

Reliance Reaps Record Profit

Schlumberger Profit Beats Estimates

Schlumberger Profit Beats Estimates

China Crude Runs Hit Record High

China Crude Runs Hit Record High

Total Says Geopolitics Hurting Crude Supply

Total Says Geopolitics Hurting Crude Supply

Eni CEO: No Future for Firms Working in Just O&G

Eni CEO: No Future for Firms Working in Just O&G

BP Raises Asian Profile

BP Raises Asian Profile

Partners Plan Floating Wind Farm in South Korea

Partners Plan Floating Wind Farm in South Korea

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