Noble Energy has started exporting natural gas from its operated Leviathan field located offshore Israel to Egypt.
Telford Offshore has restructured its balance sheet and boosted its order book, providing a more stable platform for the company in the challenging offshore services market.
A strong 2019 provided telltale signs that the industry was entering a new offshore investment cycle, stated Espen Erlingsen, head of upstream research at Rystad Energy.
Equatorial Guinea’s Minister of Mines and Hydrocarbons has signed several memoranda of understanding with successful bidders of the country’s 2019 Licensing Round, on the sidelines of the Atlantic Council’s Global Energy Forum in Abu Dhabi.
UAE’s ADNOC has revealed plans to decrease its greenhouse gas emissions intensity by 25 percent by 2030 as part of its sustainability goals. The company’s plan to reduce the emissions was announced as part of a set of comprehensive sustainability goals by Dr. Sultan Ahmed Al Jaber, UAE Minister of S
UAE’s oil and gas company ADNOC is on track to increase its crude oil production capacity to four million barrels per day by the end of this year.
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The energy transition and extinction rebellion led the energy news agenda and discussions in company boardrooms in 2019, but the impact on exploration drilling is not yet apparent, according to market research provider Westwood Global Energy Group.
The world’s oil and gas explorers have discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates by energy intelligence firm Rystad Energy.
The worldwide offshore rig count in December 2019 increased by 11 units sequentially and 22 units year-over-year, according to the Wednesday rig count report by Baker Hughes Company.
Operational production costs in the oil and gas industry have fallen across the globe, with the United Kingdom emerging as a cost-cutting powerhouse among global offshore regions, Rystad Energy, a Norwegian energy intelligence firm said in a report on Wednesday. A Rystad Energy analysis aimed at mit
ADES International has secured a contract renewal for the Admarine 262 jack-up rig.
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Energean and the Public Gas Corporation of Greece (DEPA) have agreed to cooperate to further support the EastMed Pipeline Project.
