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AOG Daily: 2019 / March

Partners Tullow Oil, Total and Eco Atlantic have chosen the Joe prospect for a second well in their much-watched Orinduik oil and gas field off…
Norway's oil regulator said on Friday it was investigating the causes of an outage earlier this month at Equinor's Hammerfest LNG plant in the north…
Thursday, 28 March 2019 06:49

Russia: New Port of Sabetta LNG Terminal

Russian President Vladimir Putin ordered an allocation of budget funds in 2021-2022 for the construction of the Utrenny liquefied natural gas (LNG) terminal in the…
Thursday, 28 March 2019 06:46

Bourbon Wins Shell Contract in Bulgaria

Bourbon Marine & Logistics said on Thursday it has been awarded a contract from Shell to support the oil major's exploration drilling in the Black…
Thursday, 28 March 2019 04:03

Trump Calls for OPEC to Boost Production

U.S. President Donald Trump on Thursday called for the Organization of the Petroleum Exporting Countries (OPEC) to boost oil production to lower the price of…
Thursday, 28 March 2019 03:43

US Offshore Drilling Takes Center Stage Featured

U.S. lawmakers will quiz President Donald Trump’s new pick to lead the Interior Department on Thursday, focusing on the former energy and mining lobbyist’s plans…
Wednesday, 27 March 2019 19:51

Eni Pilots Wave Energy Converter

Italian multinational oil and gas company Eni has activated the Inertial Sea Wave Energy Converter (ISWEC), offshore Ravenna, capable of converting energy generated by waves…
Wednesday, 27 March 2019 16:43

DNV GL Invites Partners for Turbine Project

DNV GL calls on industry stakeholders to join a new Joint Industry Project (JIP) to develop Recommended Practice on wind turbine design methodologies for cyclones…
Wednesday, 27 March 2019 06:15

Oil Prices Slip

Oil prices edged lower on Wednesday after government data showed U.S. crude stocks unexpectedly rose last week, though disruptions to Venezuela's crude exports limited losses.…
Tuesday, 26 March 2019 16:40

Energy Demand Rose at a Record Rate

Global energy demand grew 2.3% last year, marking its fastest pace in a decade, amid a robust global economy and stronger heating and cooling needs…
Tuesday, 26 March 2019 11:39

Oil Rises 2 Percent

Oil rose nearly 2 percent on Tuesday as attention centered on geopolitical factors tightening supplies that are leading to falling exports from Venezuela and declining…
Tuesday, 26 March 2019 10:50

Saudi Aramco, McDermott Plan New Facility

Saudi Aramco on Tuesday signed a land lease agreement with McDermott Arabia Company to establish a facility for large scale fabrication of offshore platforms and…
Petrobras and Açu Petróleo (a partnership of Prumo Logística and Oiltanking) signed a contract to carry out ship to ship operations at the company's Petroleum…
Tuesday, 26 March 2019 03:51

Brazil, Petrobras Paving Way for Giant Tender Featured

Brazil's government will announce "within days" a deal with state-run oil company Petrobras to settle a multi-billion-dollar contract dispute and clear the way to auction…
Tuesday, 26 March 2019 03:33

Nordex Gives Strong Sales Outlook

Wind turbine maker Nordex on Tuesday forecast higher-than-expected sales for the current year, pushing its shares up 5.6 percent in early trade. (Photo: Nordex) The…
Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria's Black Sea coast next month for oil…
Exxon Mobil Corp expects high-sulfur fuel oil demand to fall 25 percent by 2025, as a new set of emission regulations from the International Maritime…
Tuesday, 26 March 2019 02:24

MAN ES Invests in Hydrogen Featured

MAN Energy Solutions is acquiring 40 percent of the shares of the electrolysis technology company H-TEC SYSTEMS. A contract confirming the partial acquisition was signed…
UK-based Reabold Resources said Rathlin Energy UK Ltd has signed a rig contract for the onshore UK West Newton appraisal well. Sachin Oza. Photo: Reabold…
Monday, 25 March 2019 19:35

Van Oord, SGRE Win Windpark Fryslân Job

The consortium of Van Oord and Siemens Gamesa Renewable Energy (SGRE) has signed a conditional contract to build the Windpark Fryslân nearshore wind farm in…
Royal Dutch Shell Plc and LyondellBasell Industries cut production on Monday at their Houston-area oil refineries because of shipping disruptions along a waterway affected by…
Monday, 25 March 2019 07:55

Oil Prices Near Flat

Oil prices were little changed on Monday as investors shrugged off fears of a global economic slowdown and focused on the prospect of tighter supply…
Bahrain's liquefied natural gas (LNG) terminal will start commercial operations in May, with the first LNG shipment to be imported mostly from the UAE's ADNOC,…
Oilfield services firm Schlumberger will stop taking new field management contracts that have been criticized as requiring heavy upfront investments while it seeks to monetize…
Australia's Woodside Petroleum said on Monday it had evacuated all personnel from offshore production platforms off Western Australia ahead of Cyclone Veronica, and was operating…
Monday, 25 March 2019 03:23

First Condensate Cargo Shipped from Prelude Featured

Royal Dutch Shell on Monday said it had shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia…
Sinopec Corp, China's biggest shale gas operator, said on Monday it plans to develop a new field this year able to produce 1 billion cubic…
Monday, 25 March 2019 03:08

Fire Breaks Out at Kazakhstan Oilfield

A fire has broken out at the onshore Kalamkas oilfield in Kazakhstan's western Mangistau province, the country's emergencies committee said on Monday.MangistauMunaiGas (MMG), the company…
Monday, 25 March 2019 03:06

Nord Stream 2 Expecting Denmark Approval

The Russian-led Nord Stream 2 gas pipeline company expects to receive approval from Danish authorities for a 180-km stretch of the pipeline under the Baltic…
Monday, 25 March 2019 03:02

US Buyers Turn to Offshore Crude Featured

U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners…
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