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Oil and Gas Regions news - page 70

 

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

May 26, 2022

Norway's Equinor plans to make a final investment decision on what would be its first offshore wind farm in South Korea as early as 2024, and is now considering a third, larger project in the country, the head of its local unit said.'We are…

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

May 25, 2022

Woodside Energy Group, Australia's top independent natural gas producer, sees liquefied natural gas (LNG) prices staying high for a few years as the market adjusts to supply disruptions after sanctions on Russia for its Ukraine invasion.'With the invasion…

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

May 24, 2022

The merry-go-round of liquefied natural gas (LNG) between Europe and Asia appears to be tilting back toward Asia as buyers in the top-consuming region start to chase cargoes ahead of the summer demand peak.The dynamics of the LNG market for…

MEO Group Orders Five Crew Boats from Penguin

May 24, 2022

Singapore-based offshore vessel owner MEO Group has ordered five new crew boats, as part of a fleet rejuvenation programThe company ordered the vessels from Singapore's Penguin Shipyard International. Based on Penguin's proprietary Flex-42X and Flex-40X designs…

ADNOC, BP and Masdar in Hydrogen and Technology Partnership

May 24, 2022

The Abu Dhabi National Oil Company (ADNOC), oil major BP, and Abu Dhabi future energy company Masdar have joined forces to develop clean hydrogen and technology hubs.Announcing their new-energy partnerships, ADNOC said the H2Teesside low-carbon…

Keppel O&M Secures Three-year Bareboat Charters for Jack-up Rig Duo

May 24, 2022

Singapore's Keppel Offshore & Marine has secured bareboat charters for two KFELS B Class rigs to be deployed in the Middle East.The shallow-water drilling rigs will go on a charter with an unnamed drilling firm in the Middle East. Keppel said the charterer was  'an established drilling company…

Valaris MS-1 Offshore Drilling Rig Reaches Sasanof-1 Well Site

May 23, 2022

The MS-1 semi-submersible offshore drilling rig has arrived at the Sasanof-1 exploration well location on the North West Shelf, off Australia, the oil and gas company Western Gas, the Sasanof license holder, said Monday.The drilling rig completed…

S. Korea Court Dismisses Application Against Barossa Pipeline Funding

May 23, 2022

A South Korean court has dismissed an application from a group of Indigenous Australians to block South Korean export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia.People…

Iran, Oman Eye Joint Development of Hengam Offshore Oil Field

May 23, 2022

Iran and Oman have agreed to form a committee to jointly develop the Hengam oil field, which straddles both countries' sea border, Iran's semi-official Fars news agency reported its oil minister Javad Owji as saying on Monday.In 2005, both countries…

Inpex Plans Maintenance at Australia's Ichthys LNG from July 1 to Aug. 5

May 20, 2022

Japan's Inpex Corp plans to conduct scheduled maintenance at its Ichthys liquefied natural gas (LNG) plant in Darwin, Australia, from around July 1 to Aug. 5, a company spokesperson said on Friday.The company declined to comment on shipment plans during the maintenance period…

Woodside Shareholders Vote in Favor of Merger with BHP's Oil and Gas Business

May 19, 2022

Australian oil and gas company Woodside said that its shareholders voted to approve the proposed merger with BHP's oil and gas business at its Annual General Meeting on Thursday, with 98.66% of the votes in favor of the merger.'All conditions…

China Moves Another 2 Million Barrels of Iranian Oil into Reserve Tanks

May 18, 2022

China is set to receive close to two million barrels of Iranian oil this week and pump into a reserve base in south China, according to tanker tracker specialist Vortexa Analytics.Diona, a very large crude carrier owned by National Iranian Tanker Company (NITC)…

ADNOC Taps McDermott for Fujairah LNG Plant FEED

May 18, 2022

Engineering and construction firm McDermott said Thursday it had secured a contract by ADNOC to provide front-end engineering design (FEED) services for the new Fujairah Liquefied Natural Gas (LNG) facility. Located approximately 155 miles (250 km) from Abu Dhabi…

Australia's LNG Industry Takes Risky Bet on Carbon Capture: Russell

May 18, 2022

Australia's vast liquefied natural gas (LNG) sector is betting its future on carbon capture and storage (CCS), a technology it says is vital to decarbonization and is proven.Convincing everybody else is going to be the tricky part, especially…

Malaysia's Kimanis Crude Exports to Drop in July After Offshore Outage

May 18, 2022

Exports of Malaysia's flagship Kimanis crude will fall in July following outages at two offshore oilfields near Sabah, according to a source familiar with the matter and a preliminary loading program.Six Kimanis crude cargoes will be loaded in July…

Current News

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

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