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Oil & Gas

ONGC finds gas, oil in two basins offshore India

Oil & Gas
ONGC has made two recent discoveries offshore India, the company revealed in its latest results statement.

Nigerian election result may slow petroleum reforms process

Oil & Gas
Wood Mackenzie sees little change of direction for Nigeria’s oil and gas industry in the immediate future following the re-election of Muhammadu Buhari as president.

BP commissions TechnipFMC to supply Tortue Ahmeyim FPSO

Oil & Gas
 BP has awarded TechnipFMC an EPCIC contract for the deepwater Tortue Ahmeyim FPSO which will operate offshore the maritime border of Mauritania and Senegal.

Yinson, First E&P in USD902mln FPSO Deal

Oil & Gas
Malaysia’s floating production storage and offloading-operator Yinson and Nigerian oil company First Exploration & Petroleum Development Company

Höegh LNG Doubles Profit

Oil & Gas
Hoegh LNG, a provider of floating liquefied natural gas (LNG) services under long-term contracts, reported a profit after tax of $ 44.98 million

ExxonMobil makes deepwater gas discovery off Cyprus

Oil & Gas
ExxonMobil has made a natural gas discovery with the Glaucus-1 well offshore southwest Cyprus.

INEOS to overhaul North Sea Forties pipeline

Oil & Gas
INEOS plans to spend £500 million ($665 million) on extending the life of the Forties Pipeline System  in the UK central North Sea into the 2040s.

Oil majors launch first oil and gas blockchain consortium in US

Oil & Gas
A group of major oil and gas companies have joined forces to establish the first industry blockchain consortium in the United States.

Teekay puts ethylene carriers into Lauritzen pool

Oil & Gas
Teekay LNG Partners has agreed a deal with Lauritzen Kosan, the gas carrier division of J. Lauritzen, to place its fleet of ethylene gas carriers

Seadrill awarded three rig contracts

Oil & Gas
John Fredriksen’s Seadrill has secured three new rig contracts with total value of around $89m

Sinanju and MOL sign up for Singaporean LNG bunker ship

Oil & Gas
Singapore-based bunkering shipowner and operator Sinanju Tankers Holdings has entered into a shipmanagement collaboration agreement with MOL

Marathon Oil Signs Agreement for Divestiture of U.K. Business

Oil & Gas
Marathon Oil Corporation announced today the Company has entered into a share purchase agreement through its subsidiaries for the sale of its U.K. businesses MOUK
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