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Cooper Energy: Sole Field Gas Flows to Orbost Plant

Mar 11, 2020

Oil and gas company Cooper Energy focused on southeast Australia, has said that its Sole gas project has passed a critical milestone.The company said the milestone was achieved with the first flow of gas from the Sole gas field in the Gippsland…

Cooper's Sole Offshore Gas Field to Go Online by February End

Feb 18, 2020

Australia's Cooper Energy has said that the production of gas from its Sole gas project is set to begin later in February, with full production aimed for March.The company said Tuesday the Sole Gas Project had passed a critical milestone with…

Fugro Takes Part in Cambodia's First Oil Development

Jan 28, 2020

KrisEnergy has hired the Dutch offshore survey services provider Fugro to carry out a geotechnical survey at the Apsara oil field, offshore Cambodia.The Apsara field lies over the Khmer Basin, an unproduced geological basin in Cambodian maritime waters in the Gulf of Thailand…

Conrad Reports Well Issues in Indonesia

Oct 25, 2019

Conrad Petroleum said it encountered problems while conducting testing at its Tambak 2 appraisal well on the Mako gas field offshore Indonesia.Conrad, operator of Duyung PSC, said it had successfully drilled the Tambak-2 well on October 15. Later…

Oil Price Spike after Saudi Attack Temporary

Sep 16, 2019

The drone attack on the world’s largest oil processing facility, Abqaiq in the heart of Saudi Arabia’s oil industry, forced Saudi Aramco to shut in 5.7 million barrels per day (bpd) of crude production, which equates to 7% of the current global crude and condensate production…

EDS Provides Cable Testing to Vattenfall at Horns Rev 1

Aug 27, 2019

High voltage engineering specialist EDS HV Group (EDS), part of the UK’s leading marine services company – James Fisher and Sons plc, has carried out an innovative cable testing campaign for Vattenfall at Horns Rev 1 after the windfarm had experienced network issues…

TurkStream Terminal Nears Completion

Aug 19, 2019

Gazprom’s Turkish Stream (TurkStream), the natural gas pipeline running from the Russian Federation to Turkey, has been 95% completed.'Construction progress of the receiving terminal for the TurkStream Offshore Gas Pipeline has reached 95%. All works are in line with the schedule…

Cheniere Working on Sabine Pass Trains 3, 4

Aug 05, 2019

Cheniere Energy Inc said on Monday it is conducting previously scheduled turnarounds on Trains 3 and 4 at the Sabine Pass liquefied natural gas (LNG) export terminal in Louisiana as part of its maintenance plan for the facility.The company did…

Suez Canal Accounts for 8% of LNG Trade

Jul 24, 2019

Total oil flows through the Suez Canal and the SUMED pipeline accounted for about 9% of total seaborne traded petroleum in 2017, and LNG flows through the Suez Canal and the SUMED pipeline accounted for about 8% of global LNG trade.'The Suez…

Leviathan Platform Starts Voyage to Israel

Jul 14, 2019

The gas platform for the Leviathan natural gas field is on its way to Israel from the Gulf of Mexico, the partners in the project said on Sunday.The first of four barges transporting the production structure units has left Texas and the other three will set sail in the coming weeks…

U.S. Oil Makes it to Ukraine, a blow to Moscow

Jul 12, 2019

U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil…

Shell, Nigerian Agree to Reopen Oil Flow Station

Jul 02, 2019

International oil major Shell and Nigerian stakeholder communities agreed to reopen the flow station for the Oil Mining Licence 25, the regional Rivers state governor said.Shell also agreed in the memorandum of understanding to pay money owed to the communities…

Only 10% of Shale Firms Reports Positive Cash Flow

May 30, 2019

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 quarter of 2019, bringing down the share of companies with a positive cash flow balance from the recent norm of around 20% to just 10%…

Husky Cuts Long-term Spend to Boost Cash Flow

May 28, 2019

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 when investors have been calling on oil and gas companies to shore up capital for buybacks and dividends.Oil…

Shell Sees Significant Oil Discovery in Albania

May 24, 2019

Shell Upstream Albania B.V. said on Friday initial tests showed 'a flow potential of several thousand barrels of oil per day' from its Shpirag 4 well in central Albania, and it needed more work to determine its commercial volume.'We are pleased…

Current News

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Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

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Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

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BP Suspends Production at Azerbaijani Platform for Maintenance Works

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SOVs – Analyzing Current, Future Demand Drivers

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Decarbonization Offshore O&G: Navigating the Path Forward

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China's Imports of Russian Oil Near Record High

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