Coronavirus concerns prompted organizers on Sunday to cancel one of the world's most prestigious gatherings of oil ministers and top executives from the energy and financial industries scheduled for this month in Houston.The fast-spreading virus has infected around 85…
After over a year of trade tensions, the US and China signed a “phase one” trade deal on 16 January. As part of the deal, China has agreed to increase the value of energy imports by $52.4 billion above 2017 levels over the next two years. What could it mean for the oil market…
Oil market analysts must make sense of a bewildering array of statistics about production, consumption and inventories, compiled and published with varying definitions and degrees of accuracy and timeliness.The challenge is to form an accurate…
Schlumberger NV beat Wall Street estimates for profit on Friday, in the first quarter under Olivier Le Peuch, as higher international drilling activity boosted demand for its equipment and services and helped counter weakness in North America…
Houston-based global seismic services company SAExploration has won a a new shallow-water ocean-bottom marine project in the Asia Pacific region for a major national oil company.According to a press note from the ocean bottom node seismic company the contract is valued at approximately $28 million…
The global oil demand will peak in the mid-2020s and gas demand will keep rising to 2033, says DNV GL.Gas demand will then plateau, and the fuel will remain dominant until the end of the forecast period in 2050, when it will account for over 29% of the world’s energy supply…
Houston-based Stabilis Energy has joined SEA\LNG, the multi-sector industry coalition which is seeking to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.Commenting on the development, Peter Keller, Chairman…
During the second quarter 2019, spot liquefied natural gas (LNG) freight rates stabilized and started gradually to recover, says Flex LNG, the owner of LNG carrier vessels and floating storage regasification units (FRSUs).Unseasonably slow…
North American energy infrastructure company Sempra Energy said that the first train of the Cameron liquefied natural gas (LNG) liquefaction export project in Louisiana has started commercial operations under Cameron's tolling agreements.Train…
The world’s largest resource of independent energy experts and certification body DNV GL launched a new service in The Operational Modal Analysis (OMA), also known as ambient modal identification, detects the modal properties of a structure…
Rystad Energy data reveals that from 2014 to 2018, companies in Asia which experienced a merger and acquisition showed the most significant growth globally, increasing oil and gas production by about 1.4 million boepd by investing heavily in Asia…
National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters issued the following statement after the introduction of the Conservation of America’s Shoreline Terrain and Aquatic Life (COASTAL)…
Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its Completions and Production unit outperformed expectations, pushing its shares up 6.8 percent in early trading.The Houston, Texas-based company is a leading provider of hydraulic fracturing services in North America…
Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the company looks to shore up its position as a leader in drilling technology.The world's largest oilfield…
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 the Americas region.He had previously spent more than a decade with National Oilwell Varco in Houston…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
