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AOG Daily: 2019 / January

Sales of marine fuels in Singapore, the world's biggest ship fueling port by volume, totaled 49.8 million tonnes in 2018, down 2 percentfrom a record…
Spanish power technology giant Ingeteam is participating in the first bottom-fixed foundation offshore wind turbine prototype to be installed in Spain and the first of…
European transmission system operator TenneT Holding and offshore and wind farm developer Vattenfall  have signed agreements for the offshore grid connection for the Hollandse Kust…
Tuesday, 15 January 2019 16:42

BP Gives Up Acreage Offshore Nova Scotia

BP Canada is scaling back its oil and gas exploration plans off Nova Scotia, as the Canada-Nova Scotia Offshore Petroleum Board (NSOPB) said the company…
Tuesday, 15 January 2019 16:35

Aker BP Bags 21 in Norwegian Licensing Round

The oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf Aker BP has been offered interests in 21 new production licenses…
Norwegian energy major Equinor has been awarded 29 new licences by Norway’s Ministry of Petroleum and Energy as part of the Award in Predefined Areas…
Tuesday, 15 January 2019 03:41

Total Seeks Exit from Dutch Upstream

Total has launched the sale of its offshore gas fields in the Netherlands, a move that would mark the French energy giant's exit from Dutch…
Tuesday, 15 January 2019 03:20

Stork Names Hunt UK Regional Director

Stork's U.K. organization has appointed Steve Hunt as Regional Director U.K. to lead the evolving business within a range of sectors, both on and offshore.…
Tuesday, 15 January 2019 02:30

Alaska Officials Probe BP's Prudhoe Bay Wells After Spill Featured

Regulators in the U.S. state of Alaska will investigate all of the oil and natural gas wells operated by BP Plc at its Prudhoe Bay…
Tuesday, 15 January 2019 02:22

Masdar Buys Stakes in US Wind Farms

Abu Dhabi Future Energy Company (Masdar) said on Tuesday it was acquiring John Laing Group's stakes in two wind farms in the United States, its…
Norway's Supreme Court began hearing arguments on Tuesday on whether EU ships can fish for snow crab off Arctic islands north of Norway without permission…
Tuesday, 15 January 2019 02:08

Norway Awards Record Number of Exploration Blocks Featured

Norway awarded a record 83 blocks to explore for petroleum resources in mature areas of the Norwegian continental shelf, in a sign of continuing interest…
The  deepwater exploration company operating primarily in the Gulf of Mexico  reported the drilling of a successful discovery on its Nearly Headless Nick exploratory prospect…
Greek utility company Gastrade has extended the timeline for completion of its Greek LNG development by six months to allow more time for the delivery…
British-Dutch oil and gas company Royal Dutch Shell and Dutch pension fund manager PGGM are considering a joint bid for Dutch producer and supplier of…
British multinational oil and gas company BP and Italian oil and gas giant ENI have signed a heads of agreement with the Ministry of Oil…
Monday, 14 January 2019 18:28

Barclays Rejects Arctic Drilling Featured

U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing for the exploration or extraction of oil and gas in…
Motive Offshore Group, which is headquartered in Boyndie, Aberdeenshire, has seen a record turnover for 2018 and is set to exceed its projected 20% increase…
Royal Dutch Shell and Dutch pension fund manager PGGM on Monday said they are investigating a joint offer for Dutch energy company Eneco .The 53…
Monday, 14 January 2019 03:19

Oil Prices Edge Up

Oil prices edged up on Monday, supported by ongoing supply cuts from producer club OPEC and Russia and by a drop in U.S. drilling activity.…
Monday, 14 January 2019 03:14

OMV Reports 10% Rise in Q4 Output

Austrian oil and energy group OMV reported a 10 percent quarter-on-quarter rise in fourth-quarter oil and gas production on Monday. (Photo courtesy OMV) Output rose…
Shares in Orsted fell on Monday after the energy company, which is 50.1 percent owned be the Danish state, on Sunday announced that there was…
Monday, 14 January 2019 03:04

Premier Oil Eyes North Sea Deals

Britain's Premier Oil Plc said on Monday it was looking to buy U.K. North Sea assets, after the Sunday Times reported that it was preparing…
Saudi Arabia's Energy Minister Khalid al-Falih said that oil demand remains strong and that he sees no impact from U.S.-China trade tensions. © THATREE /…
Monday, 14 January 2019 02:51

Melkoeya LNG Plant Restarts Operations

Norwegian oil and gas firm Equinor has restarted operations at its Melkoeya LNG plant after an outage ten days ago, the company said on Monday.…
Monday, 14 January 2019 02:02

Three Nominated to Petrobras Board

Brazil's government on Monday nominated three new board members for state-owned oil company Petroleo Brasileiro SA (Petrobras), amid accusations that new CEO Roberto Castello Branco…
Monday, 14 January 2019 00:23

Crude & Fuel Outlook: Fund Managers Neutral Featured

Hedge fund managers show signs of having completed their recent sale of crude and refined fuels, with positions edging up slightly in the first week…
Viking Link, an electricity link between Denmark and the UK has been given the green light by the government. The  a proposed 473-mile (761km) electricity…
Sunday, 13 January 2019 19:23

Eni, Thailand's PTTEP Win Adnoc Exploration

Italy's Eni SpA and Thailand’s PTT Exploration and Production Pcl secured rights to explore for oil and natural gas in Abu Dhabi from the Abu…
Sunday, 13 January 2019 19:12

UK Opens National Decommissioning Center

The National Decommissioning Centre (NDC) is opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in…
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