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Oil & Gas

Shell announces short-term climate targets

British oil major Shell revealed plans to set short-term targets as part of a long-term ambition to reduce the Net Carbon Footprint of its energy products.

Reduce OPEX and become Greener: Wärtsilä Services

The oil & gas industry was plunged into turmoil when the oil price crashed in 2014.

Shell, Nephin Energy Holdings Complete $1.3 Billion Ireland Asset Sales Deal

Royal Dutch Shell Plc has exited the upstream sector in Ireland with the closing of its deal to sale its shares in Shell E&P Ireland Ltd

Global LNG Trade Jumps by 7.1%, Says Höegh LNG

The global floating liquefied natural gas (LNG) trade reached 236 million tonnes in the first nine months of 2018, up by 7.1% from the same period of 2017

Workers evacuated from Shell’s platform in North Sea after power outage

More than 130 workers were evacuated from Shell's 'Brent Charlie' oil platform in North Sea, due to power outage, on 27 November.

Two Singapore companies to jointly develop small-scale LNG bunkering

Two Singapore-based turnkey service providers and engineering, procurement and construction (EPC) companies have penned a $50m agreement to develop small-scale LNG bunkering in Southeast Asia.

Petrobras Sells Oil Field Rights For Over $800 Million

Brazil’s state-controlled oil company, Petroleo Brasileiro SA , said on Nov. 28 it had sold rights to more than 30 oil fields for more than $800 million as part of a longstanding divestment plan to reduce the company’s debt.

FIRST orders Sea Swift platforms for shallow-water Nigeria fields

FIRST Exploration and Petroleum Development Co. has contracted the Aquaterra Energy/Maerlin Nigeria consortium to provide two Sea Swift conductor-supported offshore platforms.

BP names Mad Dog 2 platform

BP has reported that the new floating production unit for the Mad Dog 2 project in the deepwater Gulf of Mexico will be named Argos.

Lamprell and Boskalis chosen for Saudi Aramco contractor programme

Royal Boskalis Westminster N.V. (Boskalis) with its partners has been selected as a contractor on Saudi Aramco's Long Term Agreement for Offshore Facilities (LTA) program.

Sapura Energy Wins Contracts in Mexico, Malaysia

Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion

Novatek Kicks-off Yamal LNG’s Train 3

Russia's Novatek has begun production of the commissioning LNG from its third 5.5 million mt/year train at the Yamal LNG project

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