FPSO-leasing company BW Offshore has been unable to remove the Umuroa FPSO from the Tui field in New Zealand following the contract termination, client liquidation, and the country's court and environment regulator intervention.The company was…
Australia will need to import liquefied natural gas (LNG) by 2024 for its southern states to avoid shortfalls unless more gas fields are developed locally and pipelines are expanded, the country's energy market operator said on Friday.Despite…
China's CNOOC Ltd said on Monday that it made a large-sized discovery in Bohai Bay offshore China.Located in the Laizhou Bay in southern Bohai basin, the Kenli 6-1 discovery is expected to produce around 1,178 barrels of oil per day, the company said in a statement…
India hopes to sign a pact with Saudi Arabia for participation in Delhi's strategic petroleum reserves (SPRs) during Prime Minister Narendra Modi's visit to the kingdom next week, a government official said on Thursday.India, the world's third biggest oil importer…
The global search for lower carbon forms of energy and demand for cost-effective ways to serve power demand in emerging markets and remote locations is driving interest in floating storage and regasification units (FSRU).FSRUs are a faster and…
Germany's Siemens AG said that it has won a deal to supply two converter stations for the first high-voltage direct current (HVDC) link between the UK and Denmark.Viking Link will enable the exchange of up to 1400MW of electricity to provide…
Australia's Empyrean Energy provided an operational update in relation to the upcoming drilling campaign in the Duyung PSC in the West Natuna basin, offshore Indonesia, in which Empyrean holds an 8.5% interest.The oil and gas development company with interests in China…
Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets…
Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets…
Global liquefied natural gas (LNG) demand was 86 million tonnes (mt) in the second quarter, compared with 74 mt in the second quarter of 2018, an increase of 16%, said GasLog Partners, the international owner and operator of LNG carriers.Monaco…
The former head of Tanzania's state company oil is being reinstated by Tanzanian President John Magufuli, after the executive was suspended in 2016 over claims of abuse of office, the presidency said.James Mataragio, who was the managing director…
Australia's No 2 independent gas producer Santos Ltd said on Thursday it had clocked record gas production in the second quarter on stronger output across its Western Australia gas assets.Production for the three months to June 30 rose to 18…
Woodfibre LNG, a liquefied natural gas (LNG) export facility planned for Howe Sound on the southern B.C. coast, has received its facility permit from the British Columbia (BC) Oil and Gas Commission (OGC).“Following a rigorous process, Woodfibre…
U.S.-based oil company Occidental Petroleum Corp has partnered with Amerisur Resources Plc on four exploration and production blocks in southern Colombia, near the border with Ecuador, the National Hydrocarbons Agency (ANH) said on Tuesday…
French energy regulator CRE and its Irish counterpart CRU said on Monday they are backing a bid by the Celtic Interconnector undersea power cable project to get at least 60 percent of its 930 million euros investment from European Union grants…
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