BP Not to Proceed with Great Australian Bight ExplorationOct 11, 2016BP has decided not to progress its exploration drilling programme in the Great Australian Bight (GAB), offshore South Australia.
Wison Offshore & Marine Completes Performance Floating LNG TestSep 29, 2016Wison Offshore & Marine has announced that the first natural gas floating liquefaction unit (FLNG), for which the company provided turnkey services for Exmar...
16 November Release – World Energy Outlook 2016Sep 20, 2016The World Energy Outlook 2016 (WEO-2016), to be released on 16 November, enables you to provide your own, informed answers...
McKinsey Energy Insights Predicts Oil Market Oversupply into 2017Sep 19, 2016McKinsey Energy Insights (MEI), the data and analytics specialist that provides distinctive insight and support to the global energy industry, forecasts that it will take more than six months for the oil markets to fully rebalance.
Wärtsilä and PLN Sign Cooperation Agreement To Develop Power GenerationSep 18, 2016Wärtsilä and PT Perusahan Listrik Negara (PLN), the state power company of Indonesia have signed a Memorandum of Understanding (MoU).
GE Oil & Gas Awarded Contract by BP for Natural Gas Liquefaction TrainSep 15, 2016GE Oil & Gas has been awarded a contract to supply gas turbine-driven compressors for a third natural gas liquefaction train for the Tangguh expansion...
LNG Fuelled Tankers – Wärtsilä to Supply Comprehensive Scope of SolutionsSep 13, 2016Wärtsilä, provider of LNG fuel solutions to the marine industry, has been awarded a contract covering four newbuild tanker vessels.
BP Signs Second Chinese Shale Gas Contract with CNPCSep 2, 2016BP has announced that it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC).
Wärtsilä to Supply LNG Satellite TerminalSep 2, 2016Wärtsilä has signed a turnkey contract to supply a liquefied natural gas (LNG) receiving terminal to be built in Raahe, Finland.
DNV GL Supports the Deployment of LNG as Alternative Fuel with EU Study and ToolsSep 1, 2016Whilst LNG has proven to be a viable option as a bunkering fuel for ships, there are still challenges to the pace of its development and demand for LNG as a fuel.
Chevron Contract to Supply Liquefied Natural Gas for 10 yearsAug 30, 2016Chevron Corporation has announced that its wholly owned subsidiary, Chevron U.S.A. Inc., has signed a binding LNG Sales and Purchase Agreement (SPA) with ENN LNG Trading Company Limited (ENN)...
Wärtsilä and Gasum Cooperation Aims at developing LNG MarketsAug 29, 2016Wärtsilä and Finland based Gasum have signed a joint cooperation agreement aimed at developing the use, distribution, and service solutions for natural gas in marine and onshore applications.
Fram C East Starts Production to the Troll C PlatformAug 25, 2016A simple, smart concept and increased drilling efficiency have shaved some NOK 200 million off the capital expenditures of this already resilient development project after the investment decision, reports Statoil.
Delek Drilling and Avner Agree to Sell Karish and Tanin FieldsAug 18, 2016Delek Drilling and Avner, part of Israel’s integrated energy company, have signed a deal for the sale of 100% of their holdings in the Karish and Tanin...
New Ceramic Membrane Enables Direct Conversion of Natural Gas To LiquidsAug 6, 2016Engineered ceramics manufacturer CoorsTek has announced that a team of scientists from CoorsTek Membrane Sciences has developed a new process to use natural gas...
Petro River De-Risks Larne Basin with Discovery of Thermogenic Gas in Woodburn ForestAug 5, 2016Petro River Oil Corp. has announced that the analysis of its first exploratory well – Woodburn Forest #1 – located in Larne Basin, Northern Ireland, confirmed the presence of...
Total Starts Up Production at Incahuasi Gas FieldAug 3, 2016Total has put on stream the Incahuasi gas and condensate field, the Group’s first operated development in Bolivia, with a production capacity of...
Production Start at New Gas Fields in Medimurje ProjectJul 29, 2016MOL’s Croatian subsidiary INA has successfully started its test production in two of its gas fields in Croatia, following a USD 64 million (HRK 450 million) investment program...
OGA Launches 29th Offshore Licensing RoundJul 27, 2016The UK Oil and Gas Authority (OGA) has launched the 29th Offshore Licensing Round with more than 1,200 blocks on offer to support the OGA’s objective of...
Total Signs Long-Term Agreement to Supply LNG to Japan’s Chugoku ElectricJul 22, 2016Total has signed a binding Heads of Agreement with Chugoku Electric for the direct supply of liquefied natural gas (LNG) for a period of 17 years...
Spectrum to Upgrade Key 3D Seismic Offshore NW AustraliaJul 22, 2016Spectrum has commenced broadband reprocessing of its Zeus and Zeebries 3D datasets as part of an extensive new Broadband 3D seismic project that...
Chevron to Supply 0.5 Million Metric Tons of LNG Annually for 5 YearsJul 21, 2016Chevron Corporation has announced that its wholly owned subsidiary, Chevron U.S.A. Inc., has signed a Key Terms Agreement with Singapore Carbon Hydrogen Energy Pte. Ltd....
Marathon Oil Announces First Gas from Alba B3 Compression PlatformJul 15, 2016Marathon Oil Corporation has announced that it has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea.
Wärtsilä in Coalition to Promote LNG as a Marine FuelJul 13, 2016Wärtsilä and other marine industry players have formed a coalition, known as SEA/LNG, to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.