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Oil and Gas Regions news - page 139

 

Orcan Energy's Waste Heat Recovery Tech for Green Jade Offshore Wind Vessel

Oct 28, 2020

Germany-based waste heat solutions provider Orcan Energy said Wednesday it had won a contract to deliver its equipment for the under-construction offshore wind installation vessel the Green Jade, owned by the CSBC-DEME Wind Engineering.Under the contract…

Triangle Energy Starts Work to Bring Two Offshore Wells Back Online

Oct 27, 2020

Australian oil and gas company Triangle Energy has started works to bring back online two wells at the Cliff head offshore field in the Perth Basin, Australia.The two wells, CH-6 and CH-7, were shut in June. CH-6 was shut due to a pump failure…

Malaysia: Two Dead After Offshore Vessel Rams into Oil Platform

Oct 27, 2020

Two crew of a Malaysian offshore support vessel died on Tuesday after their ship hit a [platform] operated by state oil firm Petronas off the state of Sarawak on Borneo island.The Dayang Topaz rammed into the Baram B oil platform after its anchor cable broke in bad weather…

Saudi Energy Minister: We Should Look at All Options to Cut Emissions, Not Get Rid of Oil, Gas

Oct 26, 2020

Saudi Arabia's energy minister said on Monday the world should be looking at all options to mitigate emissions of greenhouse gases in its fight against climate change, but that getting rid of oil and gas would be 'far-fetched and unrealistic'…

Chevron Bets on Middle East Gas Riches and Reconciliation

Oct 26, 2020

After years of focusing on U.S. shale, Chevron Corp is staking its natural gas future on the Middle East, a volatile and divided region where energy majors have long tread warily.CEO Michael Wirth's pivot away from home is underpinned by a bet…

PGS, TGS and WesternGeco Score Multi-year Seismic Deal with Petronas

Oct 26, 2020

Malaysian oil company Petronas has awarded a multi-year offshore seismic data acquisition and processing contract to a consortium comprising TGS, PGS, and WesternGeco.The multi-year contract is for the acquisition and processing of up to 105…

Former Petronas Exec to join EnQuest Board

Oct 23, 2020

UK-based, the North Sea and Malaysia focused, oil and gas company EnQuest said Friday it intended to appoint Farina Khan as a Non-Executive Director of the EnQuest Board with effect from November 1, 2020. On joining the Board, Farina Khan will…

Bangladesh Cancels LNG Import Tender over High Prices

Oct 23, 2020

Bangladesh is canceling another tender to import liquefied natural gas (LNG) in December, as it received one offer to supply the shipments that were too expensive, a senior energy ministry official said on Friday.The offer from the Asian unit of Vitol to supply 138…

BW Offshore Liquidates Subsidiary after FPSO Stuck in New Zealand for Months

Oct 23, 2020

Oslo-listed FPSO leasing specialist BW Offshore is liquidating its New Zealand subsidiary operating the FPSO Umuroa, stuck in New Zealand for months after the termination of the charter and the liquidation of its client Tamarind Resource. Tamarind…

Report: Mitsui Hires Crude Oil and Condensate Traders

Oct 23, 2020

Mitsui Energy Trading Singapore, a unit of Japanese trading house Mitsui & Co , has hired two traders to trade crude oil and condensate, two sources with knowledge of the matter said on Friday.Wei Xiyu, previously a crude oil trader and charterer at Petrowin Resources…

Australia: Santos 3Q Revenue Drops on Lower Gas Prices

Oct 22, 2020

Australia’s Santos Ltd said on Thursday third-quarter revenue slid nearly 23%, hit by a drop in realized gas prices because of the COVID-19 pandemic.The country’s no. 2 independent gas producer said sales revenue came in at $797 million for the quarter ended September…

Shearwater Wins Deal for Large 3D Seismic Survey

Oct 22, 2020

Shearwater Geoservices said Thursday it had won a contract for a large 3D seismic acquisition and depth processing.Norway-based offshore surveyor said the contract was in the Europe, Africa, and Middle East (EAME) region. According to Shearwater…

Japan's JERA Launches LNG Bunkering Business

Oct 21, 2020

JERA, the world's biggest liquefied natural gas(LNG) buyer, said on Wednesday that it has begun LNG bunkering business in central Japan through its joint venture with Kawasaki Kisen Kaisha, Toyota Tsusho and Nippon Yusen KK.The move is aimed…

China Crude Storage Flows Accelerate as Last of Cheap Oil Offloads

Oct 21, 2020

China's flow of crude oil into storage accelerated in September, reversing two months of declines, as the world's biggest importer of the fuel continued to work its way through massive volumes purchased during a brief April price war.The flow…

Total Ships First Carbon-Neutral LNG Cargo to CNOOC

Oct 20, 2020

French oil and gas major Total said Thursday it had delivered its first shipment of carbon-neutral liquefied natural gas (LNG) to the Chinese National Offshore Oil Corporation (CNOOC).Total explained that the carbon footprint of the LNG shipment…

Current News

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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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