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Oil & Gas

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

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.

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