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AOG Daily: 2019 / May

Alessandro Puliti has been appointed Eni’s new Chief Upstream Officer, effective September 1, 2019. Alessandro Puliti (Photo: Eni) Puliti will replace Antonio Vella, who will…
More than a million tonnes of contaminated oil from Russia's Druzhba ("Friendship") pipeline, expected to be shipped back from Belarus, will end up at Russian…
Thursday, 30 May 2019 20:03

UKCS Investments On the Rise

North Sea operators and contractors are investing across people, R&D, technology and new markets to support continued growth, said a new report. Image: Aberdeen &…
OceanBased Perpetual Energy has signed a Memorandum of Understanding (MoU) with Florida Atlantic University’s Southeast National Marine Renewable Energy Center (SNMREC) to assist the company…
The rising domestic crude oil production in the United States has created a need for more pipeline capacity, revealed the US Energy Information Administration (EIA).…
Thursday, 30 May 2019 16:48

OPITO Appoints VP for Americas

OPITO, the global, not-for-profit skills body for the energy industry, has appointed Brandon Grosvenor to the new role of vice president of strategic development for…
Thursday, 30 May 2019 16:44

Global LNG Trade Continues to Increase

Höegh LNG Partners, a provider of floating liquid natural gas (LNG) services under long-term contracts, said that with new LNG production facilities in the US…
One million barrels of Alaskan crude is due in China next week, the first such shipment in almost a year, according to data from Refinitiv…
Occidental Petroleum Corp 's activist investor Carl Icahn has filed a lawsuit against the company over what it called its "misguided" pact to buy Anadarko…
Thursday, 30 May 2019 05:10

Lukoil 2020 Capex May Exceed $8 Bln

Russian oil producer Lukoil's capital expenditure may exceed $8 billion next year, the company's Vice President Pavel Zhdanov said on Thursday. The oil producer sees…
Thursday, 30 May 2019 04:25

Ithaca Buys Chevron's UK North Sea Fields Featured

Israel's Delek Group moved closer to listing its Ithaca Energy subsidiary on Thursday by buying most of Chevron's British North Sea oil and gas fields…
Only four, out of the financial performance of 40 dedicated US shale oil firms under study, reported a positive cash flow balance in the first…
Wednesday, 29 May 2019 20:11

Bechtel Bags Rio Grande LNG EPC Deal

US project management services provider Bechtel has won the engineering, procurement, and construction (EPC) contracts totaling $9.565 billion for the LNG export project developer NextDecade-led…
Wednesday, 29 May 2019 06:38

Danos Wins US Contracts

Danos has recently entered into a contract with an independent land company based out of Dallas, Texas, to transition 50-60 crew members in a variety…
Wednesday, 29 May 2019 03:13

Norway Oil Workers Threaten Strike

Around 200 Norwegian offshore oil and gas workers plan to go on strike on June 4 unless pay negotiations lead to a deal with employers,…
Total will meet Algerian authorities for talks over its plans to buy Anadarko's assets in the country and is not worried by media reports that…
Tuesday, 28 May 2019 20:07

Edda Accommodation CEO Retires

Edda Accommodation, a specialized provider of offshore accommodation service vessels, has announced that Johan Rokstad retired as CEO. Photo: Edda Accommodation The managing director role…
Husky Energy Inc on Tuesday nearly doubled its free cash flow target over five years as it cut its planned capital spending at a time…
Expandable tubular well solutions specialist Mohawk Energy said it has received an investment from private equity firm Buckthorn Partners to support its domestic and international…
Sercel has announced the successful delivery of five of its state-of-the-art 508XT seismic acquisition systems to India’s national oil company, ONGC. Photo courtesy of Sercel…
Tuesday, 28 May 2019 04:08

Pemex's Oil Exports Tumble

Pemex's oil exports dropped by 11% in April compared to the previous month, while production slipped by 0.9%, data from the Mexican state oil firm…
Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday. © Gasdruckfeder…
Tuesday, 28 May 2019 03:35

Oxy Plans to Sell Parts of Anadarko Featured

Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire…
Monday, 27 May 2019 19:16

Uniper Sells Italian LNG Plant Stake

German energy group Uniper has concluded an agreement with Australian fund First State Investments to divest its stake in OLT Offshore liquefied natural gas (LNG)…
Qatar Petroleum said it has awarded the front end engineering and design (FEED) contract for the North Field Expansion Project’s offshore pipelines and topsides facilities…
Monday, 27 May 2019 16:43

GMM Project Shortlists Nine Ships

The Green Maritime Methanol (GMM) consortium announced that it has selected nine ships for research on the application of renewable methanol as a marine fuel.…
Sunday, 26 May 2019 20:10

SENER Names Álvaro Lorente as MD

Spanish engineering and technology group SENER has appointed Alvaro Lorente, former Operations Manager in the energy division as Managing Director. Alvaro Lorente. Photo: SENER He…
Sunday, 26 May 2019 20:09

Bumi Armada Profit Up 28.5% in Q1

Malaysia's offshore oilfield services firm Bumi Armada announced that its first-quarter net profit jumped 28.5% on-year, mainly thanks to joint ventures, lower cost of sales,…
Sunday, 26 May 2019 16:40

Microsoft, Eneco Sign Energy Pact

Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco.…
Sunday, 26 May 2019 16:39

Frac Sand Prices to Remain Flat

Demand for sand to be used by the oil and gas industry in hydraulic fracturing operations in the US is set to grow by 10%…
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