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AOG Daily: 2018 / December

Monday, 31 December 2018 06:26

US October Crude Oil Production Tops Record Featured

U.S. crude oil output hit an all-time high of more than 11.5 million barrels per day in October, according to government data released on Monday.…
Oil prices rose more than 2 percent on the final day of the year, mirroring gains in stock markets, but were on track for their…
Monday, 31 December 2018 03:01

US Crude Inventory Levels Off Featured

U.S. crude inventory has leveled off after declining three weeks in a row. The latest weekly survey by the U.S. Energy Information Administration (EIA) indicates…
Denmark based Ørsted has been selected by Connecticut’s Department of Energy and Environmental Protection to move forward to negotiate a fixed-price power purchase agreement (PPA)…
Friday, 28 December 2018 07:37

Argentina's Energy Chief Quits

Argentina's energy secretary resigned on Friday, the government said in a statement, less than 24 hours after news leaked that the administration of President Mauricio…
Friday, 28 December 2018 07:31

US Rig Count Climbs Featured

U.S. energy firms added oil rigs for a second week in a row even as oil prices fell to 1-1/2-year lows and headed for losses…
Friday, 28 December 2018 04:52

Rovuma LNG Moves Toward FID in 2019

Partners in the Rovuma liquefied natural gas (LNG) project in Mozambique say they are moving “rapidly” toward a final investment decision (FID) for the first…
Friday, 28 December 2018 04:36

Oceaneering, F&M Partner in Pakistan

Oceaneering International, Inc. announced that its subsidiary Oceaneering International GmbH has partnered with F&M Private Ltd (F&M Inspections) to explore opportunities to collaborate on asset…
Friday, 28 December 2018 03:06

Equinor Completes NCS Asset Sales

Norwegian energy company Equinor announced Friday it has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) for a combined $470…
While the late 2018 oil price swoon has put a damper on an otherwise positive year for offshore energy markets, Transocean Ltd. (NYSE: RIG) ends…
Thursday, 27 December 2018 08:50

Tango FLNG En Route to Argentina

Belgium based EXMAR announced Thursday that its floating liquefied natural gas (FLNG) facility has left China for a 45-day voyage to the destination of its…
Thursday, 27 December 2018 08:48

Oil Production Starts at Yaro-Yakhinskoye

PAO NOVATEK announced Thursday that commercial crude production has begun at the Yaro-Yakhinskoye field developed by Arcticgas, a joint venture between NOVATEK and Gazprom Neft.…
Thursday, 27 December 2018 04:17

Woodside Enters FEED for Pluto Train 2

Australia's largest independent oil and gas company Woodside said it has awarded a contract to Bechtel (Western Australia) Pty Ltd to undertake front-end engineering design…
Thursday, 27 December 2018 03:54

Oil Slips Back Toward 18-month Lows Featured

Oil prices fell on Thursday after rebounding 8 percent in the previous session, as worries over a glut in crude supply and concerns over a…
Thursday, 27 December 2018 03:04

Great Ships 2018: BP's British Partner Featured

BP Shipping took delivery of British Partner, the first of a half dozen new 173,400 cu. m. capacity liquefied natural gas (LNG) carriers to be…
Thursday, 27 December 2018 02:43

LNG Imports into Northeast Asia at Record High

Shipments of liquefied natural gas (LNG) into Northeast Asia have risen to a record in December, mainly driven by China's continued gasification push, and as…
Thursday, 27 December 2018 02:36

Indonesia Grants New Oil Blocks Contracts

Indonesia has announced the winner of its third bidding round that will operate oil and gas blocks in three locations, Deputy Energy Minister Arcandra Tahar,…
Wednesday, 26 December 2018 09:36

Oil Surges 8% After Steep Slide Featured

Oil surged on Wednesday, posting its strongest daily gain in more than two years in a partial rebound from steep losses that pushed crude benchmarks…
Wednesday, 26 December 2018 05:10

SOCAR Installs New Platform at Bulla-Deniz

A new stationary drilling platform was commissioned on Monday at the Bulla-Deniz offshore field in Azerbaijani sector of the Caspian Sea. (Photo: SOCAR) The platform…
Wednesday, 26 December 2018 03:16

Exxon Continues Drilling Offshore Guyana

Exxon Mobil Corp said on Wednesday its oil drilling and development activities offshore Guyana were unaffected despite neighboring Venezuela's navy stopping two seismic survey vessels…
Wednesday, 26 December 2018 02:55

Prelude FLNG Starts Production in Australia Featured

Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world's largest floating…
Wednesday, 26 December 2018 02:50

New CEO at Kuwait Petroleum

Kuwait has appointed Hashim Sayed Hashim as chief executive of Kuwait Petroleum Corporation (KPC), state news agency Kuna reported on Wednesday.Hashim was also appointed as…
Wednesday, 26 December 2018 02:41

Oil Rises to $51 After Steep Slide

Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic worries had been overdone amid…
Monday, 24 December 2018 16:28

MHI Vestas Wins Borssele V Innovation Site

The next offshore wind innovation site in the Netherlands will feature two V164-9.5 MW turbines from MHI Vestas, the 5th Dutch offshore wind park for…
Australia’s liquefied natural gas (LNG) export earnings have been revised upwards for 2018-19 and are forecast to total $50.4 billion, an increase of nearly 60…
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country's first exploration licensing…
Monday, 24 December 2018 04:36

Caspian is Key for Lukoil Featured

Alexander Oboronkov leapt at the chance to work on the Filanovsky platform after it was launched in 2016, keen to see Russia's largest Caspian Sea…
Oil fell on Monday, in line with another decline across global stock markets, which came under pressure from concern about a U.S. government shutdown and…
Sunday, 23 December 2018 16:39

Lamprell Wins Offshore Wind Project

Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV, the lead engineering, procurement,…
Sunday, 23 December 2018 16:36

Lebanon 2nd Offshore Licensing Announced

The Ministry of Energy & Water in Lebanon together with the Lebanese Petroleum Administration announced via their website the recommended blocks for bidding during the…
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