The PSA has found a non-conformity and several improvement points during an audit of Draupner S and E platforms off Norway.
Baker Hughes, a GE company, and oil company W&T Offshore have entered into a strategic partnership related to W&T’s joint exploration and development program, which includes 14 drilling projects.
Inpex has been appointed as asset leader for the Lower Zakum Oil Field offshore Abu Dhabi in the UAE by ADNOC.
ExxonMobil reported a $4.7 billion income for the first quarter of 2018, 16 percent above the $4 billion recorded in the corresponding period a year earlier.
Italian energy giant Eni has reported a net profit of €946 million ($1.15 billion) in the first quarter, 2 percent below the €965 million recorded in the corresponding quarter in 2017.
Australia’s top power and gas retailer, Origin Energy on Monday said that its stake in the Australia Pacific LNG project (APLNG) recorded a 14 percent rise in production revenue for the financial year-to-date. Origin’s share of Australia Pacific LNG production for the financial year-to-date was 189.
Boka Vanguard, a heavy lift vessel owned by Dutch offshore giant Boskalis, is preparing to load an FPSO platform.
Owners continue last year’s tanker ordering spree further hindering market recovery.
Norway’s Statoil is divesting its interest in the Chevron-operated Alba oil field on the UK Continental Shelf. The company will sell its 17 percent stake to Verus Petroleum.
UK’s Premier Oil is selling its stake in the Babbage Area in the Southern North Sea off the UK to pay down debt.
GAC Taiwan, a unit of the Dubai-headquartered GAC Group, has won an agency contract from Indonesia’s liquefied natural gas provider and operator Donggi-Senoro LNG (DSLNG). DSLNG operates a two million tons per year liquefaction and export plant in the Central Sulawesi province of Indonesia. Under th
The BSEE has proposed to update regulations covering offshore oil and gas drilling operations.
Qatar Petroleum, the world’s largest LNG producer, said it signed a deal to supply Vietnam with up to 2 million tons per year of LPG and Naphtha for a period of 15 years. The long-term agreement was signed by Qatar Petroleum for the Sale of Petroleum Products Company Ltd. (QPSPP) and Long Son Petroc
Popular news, April 23 – 29, 2018