Regional news

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Posted: 8 days ago

ONGC achieves first gas from project offshore India

Early first gas has been achieved on ONGC’s 98/2 Block located in the Krishna Godavari Basin, ...

Categories:
  • Project & Tenders
Posted: 8 days ago
Posted: 8 days ago

Aker Solutions mitigating effects of market slowdown with temporary layoffs, salary freeze for execs

Aker Solutions has revealed a package of measures to mitigate the effects of the coronavirus and sha...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

PGNiG starts ops at Klaipeda small-scale LNG facility

The Polish oil and gas company PGNiG kicked off commercial operations at the KN-operated Klaipėda li...

Posted: 8 days ago
Posted: 8 days ago

Subsea 7 braces for coronavirus impact on market

Due to the general uncertainty in the world and for the industry caused by the coronavirus and the c...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

Hoegh applies for Cyprus LNG import licence

Norway’s Hoegh LNG said Wednesday that its unit has applied for a liquefied natural gas infras...

Posted: 8 days ago
Posted: 8 days ago

BP to reduce spending in response to volatile market but no job cuts in next three months

BP has underlined there will be no layoffs in the next three months as a result of coronavirus cost-...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

Vitol Marine Fuels acquires Sinanju Tankers

Vitol Marine Fuels, a unit of the Vitol Group, has acquired the Singapore-based bunkering specialist...

Posted: 8 days ago
Posted: 8 days ago

China’s Hudong launches Greek LNG FSRU

Chinese shipyard Hudong-Zhonghua has launched a floating storage and a regasification unit (FSRU) fo...

Categories:
  • Vessels
Posted: 8 days ago
Posted: 8 days ago

Qatargas makes first Q-Flex delivery to Zhoushan LNG terminal

The world’s largest liquefied natural gas producer Qatargas delivered the first cargo of lique...

Posted: 8 days ago
Posted: 8 days ago

LNG giant JERA starts Ohgishima city-gas plant ops

Japan’s LNG importing giant JERA, said the Ohgishima City Gas Supply JV it has established wit...

Posted: 8 days ago
Posted: 8 days ago

Yinson hit with FPSO deal termination after Aker Energy defers Pecan project

Aker Energy has postponed the development of its Pecan field, located offshore Ghana. As a result, A...

Categories:
  • Infrastructure
Posted: 8 days ago
Posted: 8 days ago

Solstad and Ocean Yield in fresh extension of standstill agreement for anchor handling duo

Ocean Yield, a ship owning company with investments in vessels on long -term charters, has agreed to...

Posted: 8 days ago
Posted: 8 days ago

Eco board and management slash own wages

The board and management of oil firm Eco Atlantic have voluntarily taken pay cuts of up to 40 percen...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market

Polarcus’ cost reduction plan includes redundancies, reduction of base salary and capex, and w...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

Byron Energy curbs Gulf of Mexico output due to sharp decline in oil price

Byron Energy has decided to ramp-down production from the SM71 field in the U.S. Gulf of Mexico due ...

Categories:
  • Project & Tenders
Posted: 8 days ago
Posted: 8 days ago

Wintershall Dea hires Applied Petroleum for geochemical analyses

German oil and gas company Wintershall Dea has awarded a global frame agreement to Applied Petroleum...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

Ocean Installer elects new chief financial officer

Norwegian subsea contractor Ocean Installer has appointed a new chief financial officer (CFO) of the...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

WoodMac: gas sector hit by coronavirus and LNG oversupply

The worldwide natural gas sector has been impacted by a “triple whammy” of coronavirus, ...

Posted: 8 days ago
Posted: 8 days ago

Former SeaBird man takes CFO role at Axxis Geo Solutions

Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has appointed a new chief ...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 9 days ago

EU approves Sinopec, Novatek, Gazprombank JV

The European Commission has approved the joint venture in China between China’s Sinopec Gas, a...

Posted: 9 days ago
Posted: 9 days ago

Rig utilization in Southeast Asia set for decline, Rystad’s analysis shows

Southeast Asia’s rig market, which was poised for growth in 2020, is now set for a decline. Several ...

Categories:
  • Exploration & Production
Posted: 9 days ago
Posted: 9 days ago

CNRI files decommissioning plans for two floating units off UK

CNR International (CNRI) has filed its Banff and Kyle fields decommissioning programs for an FPSO an...

Categories:
  • Infrastructure
Posted: 9 days ago
Posted: 9 days ago

LGM Engineering FGSS ordered for LNG-fueled VLCC

LGM Engineering, formerly known as Gloryholder LGM, has secured a deal to supply an LNG fuel gas sup...

Posted: 9 days ago
Posted: 9 days ago

Oil price war and coronavirus to sink global E&P capex to at least 13-year low, Rystad says

Under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel ...

Posted: 9 days ago
Posted: 9 days ago

Worley scores extension to support Chevron’s LNG assets

Oil and gas contractor Worley has secured a services contract extension with Chevron for the company...

Posted: 9 days ago
Posted: 9 days ago

Helix Energy eyes 20 pct capex reduction as oil price decline and coronavirus hit the market

Helix Energy Solutions has withdrawn its previous financial and operational guidance for this year d...

Categories:
  • Business & Finance
Posted: 9 days ago