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MOL to participate in construction, ownership, operation of FSRU for Jawa 1 gas-fired IPP project in Indonesia

Oil & Gas
Mitsui O.S.K. Lines, Ltd. has signed deals for construction of a floating storage and regasification unit (FSRU), FSRU services, and financing for the Jawa 1 Gas-Fired Project

For the First Time, Australia Takes Top Place for LNG Exports

Oil & Gas
For the first time, Austalia has overtaken Qatar to become the world's biggest exporter of liquefied natural gas.

Green light to uniquely profitable project

Oil & Gas
The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development.

OPEC delays output decision

Oil & Gas
Oil fell nearly 3% in choppy trading on Thursday after OPEC and its allies ended a meeting without announcing a decision to cut crude output

The Tipping Point: U.S. Exports more Oil than it Imports

Oil & Gas
The United States last week exported more crude oil and fuel than it imported for the first time on record

Asia’s first gas-to-power project with FSRU to be developed

Oil & Gas
MOL signed deals for the construction of a floating storage and regasification unit (FSRU), FSRU services, and financing for the Jawa 1 Gas-Fired Project.

ExxonMobil Makes 10th Discovery Offshore Guyana

Oil & Gas
ExxonMobil Corp. and partners have added a 10th discovery to its blossoming exploration success story offshore Guyana

OPT finds battery supplier for subsea storage solutions

Subsea Technology
US-based ocean energy developer Ocean Power Technologies has signed a letter of intent to enter into long-term supply agreement with NEC

BHGE Inks 3-year Contract with Saudi Aramco

Oil & Gas
Saudi Aramco has awarded major stimulation and well-testing contract to Baker Hughes, a GE company (BHGE).

Petrobras Investigation Extends to Top Oil Trading Houses

Oil & Gas
Brazilian prosecutors are now investigating alleged acts of corruption involving three top commodity trading houses in connection with the sprawling Petrobras "Lava Jato" bribery scandal.

Nexans Wins USD 113 mln Subsea Contract in Philippines

Subsea Technology
French cable company Nexans said that  it has been awarded a full turnkey contract worth over  EUR 100 million (USD 113 mln)

Prelude FLNG to Start Producing at End-2018

Oil & Gas
Royal Dutch Shell expects production at its Prelude floating liquefied natural gas (LNG) unit to start at the end of the year, a spokeswoman told Reuters on Tuesday.
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