News
Michie: UK oil & gas industry’s focus must remain on efficiency
Lessons learned from efficiency changes made to adapt to lower oil prices must be a basis for UK’s oil and gas future that could be delivered by Vision 2035, said Oil & Gas UK CEO Deirdre Michie. Michie said during an opening session of the Oil and Gas Industry Conference on Tuesday that the focus m
Scotland hikes oil & gas innovation spend
First Minister of Scotland Nicola Sturgeon has welcomed new figures showing oil and gas innovation spend in Scotland almost trebled last year. According to a Tuesday statement by the Scottish Government, funding of £15.9 million from Scottish Enterprise supported 82 companies to deliver 111 innovati
APPEA: NSW shows intent with gas exploration acreage release
The government of Australia’s New South Wales decided to release two remote areas for conventional gas exploration to deal with a potential gas supply shortage in the region.
ExxonMobil grabs more acreage off Equatorial Guinea
US-based energy giant and LNG player ExxonMobil on Monday signed a production sharing contract with the government of Equatorial Guinea for a deepwater block located 36 miles west of Malabo.
GE, Baker Hughes name leadership team for joint company
Oilfield service provider Baker Hughes said a new executive team has been named to lead the company once the combination with GE’s oil and gas business is complete.
SES, DeepMar team up for upstream service partnership
Consulting firm Stress Engineering Services (SES) has teamed up with DeepMar Consulting to expand its existing upstream service offerings. SES said on Monday that the team would work alongside clients to increase assurance of successful projects in regards to health, safety, and environment (HSE) as
LNG Limited names COO
Perth-based LNG Limited has appointed John Baguley as its Chief Operating Officer based in Houston, Texas. The appointment is effective June 16, 2017. Baguley joined LNG Limited in May 2014 as Chief Operating Officer for the company’s Magnolia LNG export project in the U.S. and further expanded his
Report: Port of Fujairah Bans Qatari-Flagged Ships
UAE’s port of Fujairah has barred the calls of Qatari-flagged ships in addition to any ships destined for or arriving from Qatari ports, Reuters reports citing a notice from the port. The ban is valid for all ships regardless of the nature of their call and will be en force until further notice, acc
Exxon snaps up offshore block in Equatorial Guinea
ExxonMobil has signed another production sharing agreement with Equatorial Guinea, the new OPEC member. According to Reuters, the production has been signed for the Block EG-11, located offshore Equatorial Guinea. Data found on Exxon’s website shows the company is already largest oil producer in the
Linklaters advises on Coral South FLNG financing
The London-headquartered law firm, Linklaters, has advised Eni and its Area 4 partners, CNPC, ENH, Galp and KOGAS on the project financing for the $8bn Coral South floating (LNG) project in Mozambique.
Spanish Ports Hit by Nation-Wide Strike
Spanish dockworker unions have launched today a nation-wide strike impacting operations across the country’s ports. According to the representatives of the Coordinadora Estatal de Trabajadores del Mar (Coordinadora), a Spanish dockworkers union, almost 100 percent of workers supported the strike. Th
Qatargas’ LNG supplies to JERA unaffected by rift
Japan’s JERA, the world’s largest buyer of liquefied natural gas (LNG), has been assured that the Qatar’s diplomatic isolation by Saudi Arabia, Egypt, UAE and Bahrain will not impact LNG supplies.
AMSA Bans Cargo Ship from Australian Ports
The Australian Maritime Safety Authority (AMSA) has banned the Papua New Guinea-flagged cargo ship Kiunga Chief from entering or using Australian ports for three months. The move comes after the 6,200 dwt ship was detained for a third time in less than 18 months due to the failure of its operators t
Report: Dolphin pipeline running as normal despite political tension
The Dolphin subsea pipeline shipping Qatari gas to the UAE is functioning without interruptions, despite the UAE and some other Arab nations severing their diplomatic ties with Qatar. Saudi Arabia, Egypt, Bahrain, and the United Arab Emirates have cut their diplomatic ties with Qatar, citing the lat