A rapid rise in offshore drilling and deepwater gas extraction may seem an unlikely path to lower emissions, but are central planks of Chinese energy major CNOOC Ltd’s plan to help hit Beijing’s climate goals.While global peers like BP, Royal…
National Energy Resources Australia (NERA) has established what it calls The Centre of Decommissioning Australia (CODA), citing 'a much-needed collaborative effort to address the challenges and maximize the opportunities of decommissioning Australia’s aging oil and gas infrastructure…
UK-based oilfield services company EnerMech has won a five-year contract with Chevron to provide a range of integrated services to the U.S oil giant's Western Australian oil and gas facilities. The deal will see EnerMech continue to deliver pipeline services including pipe cleaning…
Keppel Offshore & Marine has delivered its second newbuild LNG carrier, the Avenir Accolade, to Avenir LNG.The LNG carrier can also function as an LNG bunkering vessel (LBV), making it the third LBV that Keppel has delivered.'The dual-fuel Avenir…
India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on the Middle East after OPEC+ decided last week to largely continue production cuts in April, two sources said.India, the world's third biggest oil importer and consumer…
Japanese renewables group JRE has been put up for sale by its owners, including Goldman Sachs, three people familiar with the matter said, a deal expected to draw interest from European firms eager to enter Japan's green power market.Japan Renewable…
Yemen's Houthi forces fired drones and missiles at the heart of Saudi Arabia's oil industry on Sunday, including a Saudi Aramco facility at Ras Tanura vital to petroleum exports, in what Riyadh called a failed assault on global energy security…
- Atlantic Gulf & Pacific Company (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila.The firm, part owned…
China set a modest five-year growth target on Friday for its nuclear power generation capacity and promised quicker development of alternative energy sources as it seeks to cut its carbon footprint, but left its coal industry largely untouched…
Quarterback Services, the local agent of Archer Well Company has secured a one-year extension with Petronas Carigali for the provision of well downhole leak detection services using ultrasound technology.Archer said that the original contract had been for an initial period of three years…
Offshore engineering solutions provider Aquaterra Energy said Monday it had won a multi-million-dollar riser contract in the Asia Pacific region.Aquaterra said the contract was with a marine vessel owner and operator, for deeper water well intervention projects mainly in the Asia Pacific region…
Exxon Mobil Corp plans to cut its workforce in Singapore, home to its largest oil refining and petrochemical complex, by about 7% amid the 'unprecedented market conditions' resulting from the COVID-19 pandemic, it said on Wednesday.About 300 positions out of 4…
Australian oil company Santos has chartered the Noble Tom Prosser jackup drilling rig to drill the Pavo-1 and Apus-1 exploration wells, offshore W. Australia, Carnarvon Petroleum, a partner in the project has informed.The company, which is working…
Venezuela’s oil exports rose in February to over 700,000 barrels per day (bpd), their highest level in 10 months, pushed by more sales of fuel oil cargoes to new clients in Asian markets, according to Refinitiv Eikon’s tanker tracking data and documents…
Malaysian oil company Petronas launched the Malaysia Bid Round (MBR) 2021, through a virtual event held on February 26 2021.'With 13 exploration blocks being offered, the MBR 2021 is set to open up more investment opportunities for investors…
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