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AOG Daily: 2019 / May

Wednesday, 22 May 2019 04:37

BP Shareholders Adopt Climate Resolution

BP shareholders overwhelmingly approved a climate resolution on Tuesday backed by investors and the oil and gas company which calls for it to meet the…
Wednesday, 22 May 2019 04:18

Norway's April Oil Output Lags Forecast

Norway's oil production fell 8.8 percent year-on-year in April to 1.38 million barrels per day, lagging the official forecast for the month by 0.6 percent,…
Tuesday, 21 May 2019 19:55

Perenco Renews North Sea Contract

Anglo-French oil and gas company Perenco has expanded the scope of its support contract with Servelec Controls, the control, safety and information systems provider, in…
Tuesday, 21 May 2019 19:43

U.S. Shale Oil Production to Grow 16%

United States shale operators are on track to increase oil production by 16 percent in 2019, according to analysis by energy research firm Rystad Energy.…
Malaysia's state oil and gas company Petroliam Nasional Bhd said on Tuesday it has shut the Sabah-Sarawak gas pipeline that feeds gas to its liquefied…
Brazil's state-run oil company Petrobras said on Tuesday its board of directors approved an addendum to a transfer-of-rights oil contract that will see it reimbursed…
Tuesday, 21 May 2019 03:21

FLNG Satu Achieves First LNG at Kebabangan Featured

Petronas has produced its first liquefied natural gas (LNG) from a floating LNG (FLNG) facility at the Kebabangan cluster field, 90 kilometers offshore the eastern…
Russian largest independent gas producer and liquefied natural gas (LNG) player Novatek signed a deal with TechnipFMC for its Arctic LNG 2 project. Image: Novatek…
Greenpeace activists blocked the entrance to BP's London headquarters on Monday, demanding one of the world's biggest energy companies ends all new oil and gas…
Sunday, 19 May 2019 20:14

Eni Extends Algeria Gas Contract

Italian multinational oil and gas company Eni announced that it had signed agreements with Algerian state-owned Sonatrach to extend its gas supply pact. Image: Sonatrach…
Friday, 17 May 2019 18:15

North Sea Oil Production May Go Down

On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination outages in Russia and maintenance in Kazakhstan, North Sea production is…
Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the country in the Malvinas West basin to companies including Exxon…
Petróleos Mexicanos’ (Pemex) US$8 billion bank loan comes amid heavy investor uncertainty over the oil company’s debt load, but lenders wanting to maintain links with…
Thursday, 16 May 2019 03:03

Brent Oil Climbs Toward $73 Featured

Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling U.S.…
Wednesday, 15 May 2019 20:16

KBR Awarded FEED Contract for Oman LNG

American engineering company KBR announced  it has been awarded a Front End Engineering Design (FEED) contract by Oman LNG L.L.C for the debottlenecking of their…
Wednesday, 15 May 2019 03:27

Johan Sverdrup Phase 2 Plan Approved Featured

Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. …
Wednesday, 15 May 2019 02:53

RWE Open to Partnerships in US Wind

German utility RWE would consider teaming up with peers and oil companies to make a move in the U.S. wind market, its chief financial officer…
Tuesday, 14 May 2019 19:54

Cameron LNG Begins Production

The Cameron LNG project has achieved first liquefied natural gas (LNG) production from train 1. The project will begin exports in the coming weeks. Image:…
Global energy investment totalled more than USD 1.8 trillion in 2018, a level similar to 2017, said the International Energy Agency (IEA). Pic: International Energy…
Tuesday, 14 May 2019 06:04

Rovuma LNG Gets Government Green Light Featured

The government of Mozambique has approved development plans for the ExxonMobil-led Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs…
Services company Schlumberger said on Monday it has renewed and expanded its agreement with Google Cloud to develop cloud-native exploration and production (E&P) applications to…
US-owned renewable energy company Ocean Power Technologies (OPT) announced that the Company's PB3 PowerBuoy deployed in the Adriatic Sea has produced more than one MegaWatt-hour…
US hydrocarbon exploration company Anadarko has signed a Sale and Purchase Agreement (SPA) with Japanese power company JERA and Taiwanese oil and gas company CPC.…
Monday, 13 May 2019 20:17

Oil Price Risks Rise

Supply disruptions in the Middle East on top of an already tight crude market could send oil prices violently upward, said the energy research firm…
Hydrogen Europe and the Waterborne Technology Platform signed a Memorandum of Understanding (MoU) on 13 May 2019  to foster opportunities of hydrogen based fuels as…
Monday, 13 May 2019 20:13

IEA to Push for Offshore Wind Energy

The International Energy Agency (IEA) held a high-level workshop on the outlook for offshore wind energy yesterday (May 13), bringing together 80 senior representatives from…
The Oil and Gas industry reported 1242 contracts, of which 1178 were awarded contracts, said Quarterly Oil & Gas Industry Contracts Review. Pic: Adnoc Europe,…
Monday, 13 May 2019 09:43

One Dead After Saipem Vessel Blast

One of the 14 people injured after an explosion on a pipe-laying vessel in the Caspian Sea operated by Italian oil service group Saipem has…
Monday, 13 May 2019 09:40

LNG Trailblazer Eisbrenner Dies at 58

Kathleen M. Eisbrenner, a liquefied natural gas (LNG) industry pioneer and Founder and Chairman of the Board of Directors at US based LNG development company…
Monday, 13 May 2019 09:40

Sempra Names Bilicic Group President

Sempra Energy on Monday announced that George W. Bilicic has been named group president, effective upon completion of his service at Lazard later this year.…
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