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AOG Daily: 2019 / January

RWE, which will become the world's No.2 offshore wind player following a deal to break up its Innogy unit, could spend about 2.5 billion euros…
Tuesday, 22 January 2019 03:21

Santos Boosts Van Gogh Production

Australian producer Santos announced Tuesday that it has achieved first oil from the Van Gogh infill project, marking the completion of a two-well program to…
Tuesday, 22 January 2019 02:55

Oil and Gas Execs Expect to Boost Spending Featured

The majority of senior energy industry executives expect to maintain or increase spending this year to meet demand for oil and gas after years of…
Tuesday, 22 January 2019 02:48

Norway's December Oil Output Misses Forecast

Norway's oil production fell by 2.1 percent year-on-year in December and lagged the Petroleum Directorate's forecast for the month by 2.5 percent amid technical problems…
Halliburton Co beat Wall Street estimates for quarterly profit on Tuesday, as higher demand for its oilfield services in international markets offset a slowdown in…
Geoscience company CGG is extending its Gabon multiclient data footprint with a 9,800-km offset 2D seismic survey in an unexplored deepwater area of the South…
Monday, 21 January 2019 17:36

Elengy Puts LNG Capacities on Sale

Elengy, the main French LNG terminal operator, has announced that it is preparing the sale of access capacities to the Fos Tonkin LNG terminal for…
Monday, 21 January 2019 17:32

US Oil and Gas Industry Confidence Surges

Senior oil and gas professionals in the United States are among the world’s most confident about the outlook for the sector in 2019, as companies…
The Global Floating LNG Power Vessel market accounted for $780.14 million in 2017 and is expected to reach $1,073.54 million by 2026 growing at a…
Norske Shell, the Norwegian subsidiary of Royal Dutch Shell Plc, announced that it has decided to go with subsea compression as a concept for the…
China’s oil and gas industry is set to reinforce efforts to reduce environmental impacts of its projects and operationsin 2019, said a research. Arthur William…
French oil group Total will approve plans to proceed with the Ikike project in Nigeria in the coming months, and also aims to expand its…
Monday, 21 January 2019 05:49

HST Orders Damen Fast Crew Supply Vessel

Damen and High Speed Transfers Ltd (HST) signed a contract for a third FCS 2710 fast crew supply vessel, for delivery in September this year. …
Russia's energy ministry said on Monday that Japan's Mitsubishi Corp has expressed interest in participation in the Arctic LNG 2 project, which is due to…
Greece on Monday approved two consortia to submit final bids for a 50.1 percent stake in its biggest oil refiner Hellenic Petroleum, its privatisations agency…
Oil rose on Monday, reversing earlier losses, as investors latched on to positive supply-side drivers for the market, although concern about the wider economy simmered…
Norway's Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company…
Sunday, 20 January 2019 17:16

Ørsted, Tepco Join Forces for Japan Offshore Push Featured

Tokyo Electric Power Company Holdings (TEPCO) has signed a memorandum of understanding (MoU) with Danish energy business Orsted to work together on offshore wind projects.…
Schottel, the manufacturer of propulsion and steering systems for ships and offshore applications, has made a strategic decision to merge its tidal energy businesses into…
Sunday, 20 January 2019 17:12

Equinor Pushes Shore Power, Cuts CO2

Norwegian oil major Equinor said that NorSea opened a shore power supply station at the Dusavik supply base in Stavanger, Norway, on January 18. Equinor…
Japan’s Inpex Corporation, through its unit Inpex Norge bagged two exploration licenses offshore Norway in Norway’s Awards in Predefined Areas (APA) 2018 licensing round. Pic:…
Bahrain expected to start LNG imports early this year; FSU on 20-year time charter to Bahrain LNG arrives in the GulfBahrain's first liquefied natural gas…
A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling during the ongoing government shutdown,…
Oil prices rose on Friday after an OPEC report showed its production fell sharply last month, easing some concerns about prolonged oversupply. © Richard /…
Schlumberger signed a contract worth over $200 million with oil major Equinor to manage an offshore rig as part of a drilling program in Brazil's…
Friday, 18 January 2019 02:52

Oil Refining Capacity to Grow at Record Pace Featured

Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline…
Friday, 18 January 2019 02:05

Schlumberger Sees International Growth in 2019 Featured

Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled…
Thursday, 17 January 2019 17:24

GE to Test 12MW Turbine in Netherlands

Rotterdam's skyline will soon feature what is claimed as the world's largest and most powerful offshore wind turbine. Image: GE GE Renewable Energy and Future…
Spanish offshore industry player Siemens Gamesa Renewable Energy (SGRE) has unveiled a giant new 10+ MW wind turbine it claims will boost yields by 30…
Europe’s independent oil and gas exploration and production company Lundin Petroleum announced that its wholly owned subsidiary Lundin Norway has been awarded a total of…
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