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Tag: Oil and Gas

China’s CNOOC To Double Domestic Proven Reserves, Exploration Work By 2025

Oil & Gas
China National Offshore Oil Co., or CNOOC, said on Jan. 18 it aims to double its exploration activities and proven oil and gas reserves in China

Aker BP to drill 15 exploration wells in 2019.

Oil & Gas
Norwegian oil company Aker BP is raising its growth ambitions on the back of what it says is a strong performance in 2018

Digitalization to benefit oil and gas sector, report says

Digitalization
Despite the increasing speed of technology and innovation that is pressuring the industry, oil and gas CEOs consider technological disruption

Equinor Makes Gas, Condensate Discovery In Norwegian Sea

Oil & Gas
Equinor said Jan. 16 the Ragnfrid North (6406/2-9 S) exploration well discovered gas and condensate in the Norwegian Sea.

Potential Of AI-powered Directional Drilling

Oil & Gas
Directional drilling is a challenging task even during the best of conditions, with many aspects described as more art than science

Despite Shutdown, BOEM Resumes Work on Offshore Drilling Plan

Oil & Gas
The Bureau of Ocean Energy Management (BOEM), the permitting agency for offshore development in federal waters

MDL, TechnipFMC conclude four projects in the North Sea

Oil & Gas
 Maritime Developments Ltd. (MDL) has completed a four-project campaign with TechnipFMC in the North Sea.

Barclays Rejects Arctic Drilling

Oil & Gas
U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing

BP, Eni Team Up In Pursuit Of Exploration Opportunity In Oman

Oil & Gas
BP and Eni have signed a heads of agreement with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly toward a

Norway audits Maersk Drilling’s procedures

Oil & Gas
The Petroleum Safety Authority Norway (PSA) and the Norwegian Labour Inspection Authority have audited Maersk Drilling

Pipelayer Star Centurion sinks after collision with Pertamina tanker

Maritime Accidents
The pipelayer Star Centurion, part of the fleet of Vallianz Offshore, has sunk following a collision with a Pertamina tanker off Indonesia.

Oil and Gas in 2019 – A time of Transition

Oil & Gas
During 2018, volatility marked the global oil and gas sector.
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