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Saudi Aramco Shares to Start Trading Dec. 11
Saudi Aramco shares will start trading on Dec.
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Sapura Energy Secures New Order
Malaysian oil and gas services firm Sapura Energy has secured several new contracts and contract extensions for its engineering…
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SGRE's 1,000th Offshore Wind Turbine Up
Spanish-based manufacturer of wind turbines Siemens Gamesa Renewable Energy (SGRE) has reached a milestone with the installation…
Latest news
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U.S. Drillers Add Rigs for first Week in Eight
U.S. energy firms added rigs for the first time in eight weeks even as producers follow through on plans to reduce spending…
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LNG Suited for Select VLCC Routes
SEA\LNG has released the results of its third investment study, which underlines liquefied natural gas (LNG) as a compelling…
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PTTEP Charters Energy Drilling for Arthit Gig
Singapore based Energy Drilling has been awarded a contract by the Thailand's oil and gas company PTT Exploration & Production…
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Norway's Oil Production Up in November
Norway's preliminary production figures for November 2019 rose in November from the previous month, beating official forecast by 13.2%…
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Chevron: GoM Anchor Project Needs $5.7 bln
Chevron Corp said on Thursday its Anchor project in the Gulf of Mexico would need an investment of about $5.7 billion.Announcing…
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Liberia Lines Up 2020 Offshore Licence Round
The Liberia Petroleum Regulatory Authority (LPRA), has announced the launch of the next licensing round, expected to commence…
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Yamal LNG Gets All 15 Arc7 Ice-Class Tankers
Russian liquefied natural gas (LNG) producer Yamal LNG announced the operational start of the new Arc7 ice-class LNG tanker “Yakov Gakkel”…
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Wison Begins Arctic LNG 2 Project
Wison Offshore & Marine (WOM), the upstream oil and gas division of Chinese conglomerate Wison Group Holding, announced the…
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Enabling AI in E&P
Oilfield services company Schlumberger and software firm Dataiku have teamed up to enable the exploration and production…
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Malaysian State Open to Buying Petronas Stake
Malaysia's Terengganu state said on Wednesday it was open to buying a stake in national energy giant Petronas, after Prime…
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K2 Advices Creyke Beck A & B OWFs
Renewable energy consultancy K2 Management announced it is working as Lender’s Technical Advisor (LTA) on the Doggerbank…
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Chevron Plans Assets Sale
U.S. oil major Chevron Corp said on Tuesday it is evaluating strategic alternatives, including divestment of gas-related assets in Appalachia shale…
Offshore Oil & Gas
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Offshore: OSV Market Report
The environment in oil patches onshore and offshore alike has been challenging throughout 2019; worries about an economic…
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Rever Completes North Sea Decom Project
Subsea services provider Rever Offshore has successfully completed a North Sea infrastructure decommissioning project of…
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Ørsted, Covestro Ink World's Largest Offshore Wind PPA
Polymer materials supplier Covestro has signed a 10-year corporate power purchase agreement with Ørsted to buy the output…
Shale Oil & Gas
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Croatia Awards Licence to INA for Gas and Oil Exploration
The Croatian government said on Thursday it had awarded a licence to energy group INA for gas and oil exploration and exploitation…
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Oil Steadies After Brief Slide
Oil steadied on Tuesday, as expections of output cuts from OPEC and allied producers brought prices back up after they slid…
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U.S. Drillers Cut Rigs for 12th straight Month
U.S. energy firms reduced the number of oil rigs operating for a record 12th month in a row after this week cutting rigs…
LNG
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Milorad Doljanin New CEO of Avenir LNG
UK-based small-scale liquefied natural gas (LNG) supplier Avenir LNG announced that Milorad Doljanin will assume the role…
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Petronas in Game for a Third FLNG Unit
Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) would build a third floating liquefied natural gas (FLNG)unit…
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Yamal LNG Exceeds Nameplate Capacity
Yamal LNG, a liquefied natural gas plant located in Sabetta at the north-east of the Yamal Peninsula, Russia, announced that…
Renewables
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Prysmian Wins Equinor's Empire Wind Gig
Norwegian energy company Equinor has contracted Italian cable manufacturer Prysmian to supply the submarine inter-array cable…
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EU Targets 450 GW Offshore Wind by 2050
The EU Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments…
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Jan De Nul Orders Floating Installation Vessel
Luxembourg-based Jan De Nul has ordered a second mega offshore installation vessel, Les Alizés, from the CMHI Haimen shipyard…
Technology
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DNV GL Mulls Digitalization in Wind Energy
Digitalization is already playing a major role in the growth of wind energy, but it can still drive further improvements in operational efficiency…
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GreenSteam Acquires BMT Smart
Denmark-based GreenSteam, a majority owned company of BP, has acquired BMT’s data collection and performance optimisation…
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Fuel Flexibility is Key for Green Shipping
Fuel flexibility and technologies to bridge changing fuel usage have been identified in the Maritime Forecast to 2050 as…
Legislation
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Oil Edges Lower on U.S. Crude, Gasoline Build
Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged…
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Saudi Aramco's IPO Reaches $8.7 bln
Retail subscription for Saudi Aramco's initial public offering (IPO) reached 32.57 billion Saudi riyals ($8.7 billion) on Monday…
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OPEC, Other Stakeholders May Adjust Output Quotas
Russian Energy Minister Alexander Novak said on Wednesday the forthcoming meeting of OPEC and other large oil producers may…