Both global oil demand and supply are now close to new, historically significant peaks at 100 mb/d, and neither show signs of ceasing to grow any time soon, IEA has said.
Ensco-Rowan merger, Modec FPSO order, KBR’s offshore deals and more
Woodside picks Bechtel for Pluto LNG expansion Australian LNG player Woodside has selected Bechtel as the preferred execution contractor for the proposed expansion of its Pluto liquefied natural gas facility in Western Australia. QP CEO: LNG shortage to hit sooner than expected The global liquefied
Iran has emerged as the biggest buyer of U.S. soya beans in the aftermath of trade tensions between China and the U.S.
The global liquefied natural gas market could see a shortage sooner that it was initially anticipated, Qatar Petroleum’s president and CEO Saad Sherida Al-Kaabi said.
Aqualis Offshore has completed the floatover installation of the regasification topside offshore Bahrain as part of the Bahrain LNG import terminal.
Aqualis Offshore has completed the floatover installation of the REGAS topside offshore Bahrain as part of the Bahrain LNG Import Terminal.
Abu Dhabi National Oil Company (ADNOC) and Baker Hughes, a GE company, have signed a strategic partnership agreement, that will enable and support the growth and development of ADNOC’s subsidiary, ADNOC Drilling, into a fully-integrated drilling and well construction provider.
Offshore Energy Today’s most popular news of the past week.
Qatar Petroleum’s president and CEO Saad Sherida Al-Kaabi led a delegation on a working visit to Japan discussing energy cooperation with Japanese companies.
Singapore-listed Rex International Holding plans to bring online its offshore oil discovery in Oman next year.
Qatar Petroleum’s president and CEO Saad Sherida Al-Kaabi held cooperation talks with senior executives of South Korean companies.
Demand from Asia to the Middle East and South Asia is in a steep decline, according to Drewry.
Moore Stephens: Total annual operating costs in the shipping industry fell by 1.3% in 2017.
