However, the successful development of unconventional reservoirs delivered what Greg Leveille, CTO for ConocoPhillips, described as an “energy miracle.”
Höegh Esperanza, the Floating Storage Regasification Unit unit operated by Norway’s Höegh LNG Holdings, has arrived at the Tianjin LNG terminal in China and started commissioning for FSRU operations.
Oil and gas industry company TechnipFMC has signed a major EPC contract by Middle East Oil Refinery for the modernization and expansion of their existing complex near Alexandria, Egypt.
Partners Exxon Mobil, Hess Corp. and CNOOC Nexen Petroleum are making progress toward development of the hydrocarbon bounty discovered offshore Guyana.
The world’s biggest oil traders are gearing up to cash in on big disruptions that could hit the shipping fuel market in just over a year due to new U.N.-mandated environmental rules.
Saudi Aramco has signed 15 memoranda of understanding (MoUs) and strategic/commercial collaborations with 15 international companies from eight different countries.
Italian oil major Eni and French energy major Total signed an agreement with Algeria’s state-owned oil company Sonatrach, for offshore exploration in the North African country.
