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AOG Daily: 2019 / March

Tuesday, 19 March 2019 05:50

Oil Prices Reach 2019 Highs Featured

Oil prices rose to new 2019 highs on Tuesday, supported by OPEC supply cuts and falling output from Iran and Venezuela because of U.S. sanctions.…
Tuesday, 19 March 2019 04:32

Petrobras P-77 FPSO Starts Production

Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday it had started production at its P-77 platform, its fourth platform to enter operations in…
Tuesday, 19 March 2019 03:54

Petrobras Names Former Vale Exec as CFO

Brazil's state-controlled oil company Petróleo Brasileiro SA, or Petrobras, named Andrea Marques de Almeida, an engineer and former executive at mining company Vale SA, as…
Tuesday, 19 March 2019 03:50

Petronas Raises April Crude Price Factor

Malaysian state oil firm Petronas has set the price factor for Malaysian Crude Oil (MCO) for April at $5.50 per barrel, up 10 cents from…
Tuesday, 19 March 2019 03:46

Wood's Profit Beats Estimates

Wood Plc's 2018 profit topped market expectations as the British oilfield and engineering services provider trumpeted the success of its 2017 takeover of smaller rival…
Tuesday, 19 March 2019 02:35

Aoka Mizu FPSO Hooks Up to Lancaster Field Featured

Hurricane Energy's floating production, storage and offloading (FPSO) vessel has been connected to the group's North Sea Lancaster oilfield, another milestone for the group as…
Installation and testing of the 67 km control umbilical connecting the Sole gas field with the Orbost Gas Plant has been completed, marking the conclusion…
The Mexican government will invite four companies to bid in a restricted tender for work building the new Dos Bocas refinery for state oil company…
Monday, 18 March 2019 05:26

Pemex CEO Questions Ratings Downgrade

The chief executive of Mexican state oil company Pemex on Monday questioned credit agency downgrades to the firm's debt, saying the same agencies had not…
Monday, 18 March 2019 05:21

Woodside Invests in Cyber Security

Australia's largest independent oil and gas company said it has invested in a Western Australian company specializing in the protection and security of critical infrastructure.…
Monday, 18 March 2019 04:37

Urquhart Joins Reactive Downhole Tools

well completion solutions provider Reactive Downhole Tools announced MOnday it has appointed Niall Urquhart as VP Eastern Hemisphere. Niall Urquhart (Photo: Reactive Downhole Tools) Urquhart…
Monday, 18 March 2019 04:17

Oil Edges Above $67

Oil edged further above $67 a barrel on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs though concern that an economic downturn…
Australia’s renewable energy pipeline will reach 100 gigawatts (GW) before May, which is a milestone in the country's energy sector. Graph: Rystad Energy In January…
Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed to secure deals for stakes…
Friday, 15 March 2019 12:22

Rising US Oil Clout on Show in Houston Featured

A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing…
Friday, 15 March 2019 08:13

US Rig Count Lowest Since April 2018

U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row with drilling slowing to its lowest…
Thursday, 14 March 2019 20:31

Tennet: EIA for Offshore Wind Farm

Tennet has commissioned Arcadis and Pondera to carry out an environmental impact assessment (EIA) work and permit applications for grid infrastructure for the planned 4GW…
Thursday, 14 March 2019 20:29

Seismic Shoot Offshore South Africa Begins

Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, has announced the start of a new 3D marine…
Thursday, 14 March 2019 20:29

DEME Names Moray East Jacket Suppliers

DEME Offshore has selected tier one suppliers to supply jackets for the foundations of Moray Offshore Windfarm East (MOWEL),  located in the Outer Moray Firth,…
Thursday, 14 March 2019 16:39

U.S. Natural Gas Production Sets New Record

According to the U.S. Energy Information Agency (EIA), US natural gas production registered an increase by 10.0 billion cubic feet per day in 2018, noting…
Thursday, 14 March 2019 11:47

Billions Spent, Little to Show Featured

How Russia sank billions of dollars into Venezuela quicksand © John Keenan / Adobe Stock Reuters estimates that after sinking more than $9 billion into…
Thursday, 14 March 2019 09:26

Newbuild VLCC's Lift Gasoil, Head Westward

Ship builders in Asia are sending a record number of supertankers west carrying middle distillate oil products, such as diesel, data intelligence firm Vortexa said…
Thursday, 14 March 2019 08:15

BHP to Drill More Wells in Trinidad

BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country's Atlantic LNG…
Norway plans to expand the offshore oil and gas acreage offered to companies under its annual licensing round in so-called predefined areas (APA), oil minister…
Wednesday, 13 March 2019 20:01

Equinor Extends Oceaneering Contract

Houston-based subsea engineering company Oceaneering International has secured a contract renewal from Equinor, the Norwegian multinational energy company, covering the provision of maintenance, reliability and…
Wednesday, 13 March 2019 19:59

GAC Bags Petronas Job

GAC Marine’s branch in Turkmenistan has been awarded two contracts by Petronas Carigali, a subsidiary of Petronas, to provide marine services for its development of…
Wednesday, 13 March 2019 19:52

Wellesley Hits Dry Well in North Sea

Norwegian oil and gas exploration company Wellesley Petroleum has drilled another dry well in the Norwegian section of the North Sea, 220 kilometers northwest of…
Wednesday, 13 March 2019 19:50

Rowan Rig Wins Repsol's Guyana Well Order

The offshore drilling contractor Rowan announced that Repsol Exploracion Guyana, a unit of Spanish energy major Repsol, has signed a contract for the EXL II,…
Wednesday, 13 March 2019 16:44

LR Chalks Out Energy Growth Strategy

Lloyd’s Register (LR), which ranks as one of the world’s largest providers of professional services for the engineering and technology sectors, has chalked out a…
Wednesday, 13 March 2019 16:43

Repsol, Emerson Pact for Geoscience R&D

Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first…
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