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Oil & Gas

Equinor Energy Strikes Gas in Barents Sea

Norwegian multinational energy company Equinor Energy has made discovery containing up to 24billion cubic feet of gas in the Barents Sea.

Chevron Announces First Oil From GoM Big Foot Project

Chevron Corp. said Nov. 21 the Big Foot deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production.

How the oil market is responding to the 2020 sulphur cap

As the 2020 sulphur cap is nearing, oil markets are preparing to adapt to the new situation.

Solar EOR Gains Steam In Oil Patch

Some oil and gas companies are turning to renewables, particularly solar, to boost oil production from fields as they work to reduce carbon footprints while meeting today’s global energy needs.

Allseas Completes TurkStream’s Pipeline Sections

Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin met in Istanbul to give the order for the final joint of the TurkStream pipeline to be welded into place.

Turkey Warns Exxon Not to Drill in Cypriot Waters

Turkey's government warned ExxonMobil that its ongoing exploration activity in Cyprus' EEZ could affect regional stability

UK’s Ineos to Buy ConocoPhillips North Sea Assets

Britain's richest man Jim Ratcliffe's oil and gas company Ineos Group Holdings is in exclusive talks with ConocoPhillips to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company.

Romanian Black Sea gas to head through expanded transmission system

Transgaz and Black Sea Oil & Gas have signed a contract covering transportation of gas from the Midia Gas Development (MGD) project in the Black Sea to Romania’s National Transmission System (NTS).

ADNOC forms R&D co-operation with Saudi university

 ADNOC has signed a framework agreement with King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran, Saudi Arabia

Australia set to become world’s biggest exporter of LNG

Australia is on its way to become the world’s biggest exporter of LNG, according to the energy economics group EnergyQuest

EU to fund LNG infrastructure project

The ‘LNGHIVE2: Infrastructure and Logistics Solutions’ project, coordinated by Spanish energy company Enagás, has been selected by the European Commission CEF for funding.

Offshore senses uptick in market but uncertainties remain

An overall positive macroeconomic outlook and increased regional infrastructure spending have suggested an improving business environment for the ailing offshore industry

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