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Oil & Gas

Gas Reigns As Green Agenda Looms

While demand for oil will peak in 2023, demand for gas will continue increasing through 2034 as the world becomes increasingly electrified, DNV GL

Ophir planning gas field tieback in offshore

Ophir Energy has closed its acquisition from Santos of various producing assets in Southeast Asia.

MOL, Marubeni sign agreement with advisory

Japanese firms Mitsui OSK Lines (MOL) and Marubeni Corporation are moving quickly forward with the development of liquefied natural gas

Electrification in a New Era for the O&G

With the recovery in oil prices, deepwater and ultradeep water oil and gas (O&G) projects are the focus of renewed interest.

Tractebel strengthens position

Tractebel, part of Engie, has announced the acquisition of Overdick, the Hamburg-based offshore engineering company

LNG carrier spot rates soar as US export

The nearby spot rates for chartering large LNG carriers have been soaring at a time when future US export projects, fueling forward activity

Oil majors apply for first CO2

On Friday, oil majors Equinor, Shell and Total, submitted an application for an exploitation permit for a subsea reservoir for injection

DNV GL forecasts gas capital

DNV GL’s 2018 Energy Transition Outlook, an independent forecast of the world energy mix in the lead-up to 2050, predicts global upstream gas capital

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