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Southern Hemisphere News

 

GasLog Predicts LNG Spot Rate Recovery

Apr 25, 2019

GasLog Partners, which owns, operates, and acquires liquefied natural gas (LNG) carriers under multi-year charters, said that the longer-term outlook for natural gas demand continued to strengthen in the first quarter of 2019.Despite LNG demand…

CSV Southern Ocean Wins Fugro Offshore Gig

Apr 24, 2019

Construction support vessel (CSV) Southern Ocean, which is jointly owned by Bourbon and Oceanteam, has been hired to support Fugro off the coast of Australia.'Bourbon - Oceanteam’s CSV Southern Ocean has entered into a contract with Fugro and…

Sinopec to Develop Weirong Shale Gas Field

Mar 25, 2019

Sinopec Corp, China's biggest shale gas operator, said on Monday it plans to develop a new field this year able to produce 1 billion cubic meters (bcm) of shale gas annually.The state-run company said the field will tap a proven reserve equivalent to 124…

Murphy Oil Sells Malaysian Assets

Mar 21, 2019

Murphy Oil Corp said on Thursday it is exiting Malaysia with the $2.13 billion sale of its oil and gas assets to a Thai company and will use the deal proceeds to pay down debt, buy back shares and fund potential deals in the United States.The buyer…

Urquhart Joins Reactive Downhole Tools

Mar 18, 2019

well completion solutions provider Reactive Downhole Tools announced MOnday it has appointed Niall Urquhart as VP Eastern Hemisphere.Urquhart brings to the position more than 10 years of experience in the oil and gas sector, including project engineer for Baker Hughes…

BHP to Drill More Wells in Trinidad

Mar 14, 2019

BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country's Atlantic LNG (liquefied natural gas) plant in the 2020s, a senior executive said.The company expects to complete drilling of three wells in block 14…

Siemens inks $78.4 mln Wind Turbine Deal

Feb 26, 2019

Wind turbine maker Siemens Gamesa signed a 69 million euro ($78.4 million) contract on Tuesday to supply Bosnia's biggest power utility EPBiH with wind turbines for a future 48 megawatt (MW) wind farm.Under the contract the company will supply…

OPITO Appoints Director to Support Global Operations

Feb 19, 2019

OPITO has appointed Stuart Clow as Director with a remit focused on supporting industry safety through high-quality training and competency standards.Clow has over 30 years’ experience in the oil and gas industry in a variety of roles both in the UK and internationally including Africa…

EIA: Azerbaijan Surges in Natural Gas

Feb 15, 2019

Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The EIA’s report notes that Azerbaijan’s exports of natural…

South Africa: Has Up to 60 tcf of Offshore Gas Potential

Feb 15, 2019

South Africa, where oil major Total recently made a big offshore discovery, said on Friday it had potential gas resources of up to 60 trillion cubic feet in waters off its coast.Last week Total's chief executive said its offshore discovery probably contained 1 billion barrels of total resources…

Croatia Publishes Tender for Oil and Gas Exploration

Feb 11, 2019

Croatia published a tender for gas and oil exploration in mountainous areas of the country's central and southern regions, the state hydrocarbon agency said on Monday.'The deadline for submitting bids is Sept.10, 2019 at 1200(1000 GMT). A tentative deadline for awarding licences is December…

Croatia Approves Tender for Oil and Gas Exploration

Jan 30, 2019

Croatia on Wednesday approved a tender for oil and gas exploration in mountainous areas of the country's central and southern regions.The details of the tender will be released by the state-run Hydrocarbon Agency, which is in charge of running the process…

Viking Link Between UK and Denmark Gets Green Signal

Jan 14, 2019

Viking Link, an electricity link between Denmark and the UK has been given the green light by the government. The  a proposed 473-mile (761km) electricity cable between Bicker Fen, near Boston, and Revsing, in southern Jutland.The cable running from the Lincolnshire coast to Denmark…

Norway Ready to Claim Share of Russia's Arctic Finds

Jan 10, 2019

Norway will step up preparations to claim its share of oil and gas resources if Russia finds petroleum on its side of a border in the Barents Sea, the head of Norwegian Petroleum Directorate (NPD) said on Thursday.Norway and Russia in 2010 agreed a maritime border in the Barents Sea…

ABP, Peterson Sign Pact

Jan 07, 2019

The logistics and service provider to the offshore energy industry Peterson UK Limited has concluded a new long-term agreement with Associated British Ports Holdings (ABP) to establish a new operational and logistics base to the Port of Lowestoft…

Current News

ConocoPhillips Misses Quarterly Profit Estimates

ConocoPhillips Misses Quarterly Profit Estimates

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

Russia Shipping Oil to North Korea Above UN Mandated Levels

Yinson Completes $1.3B Financing for Agogo FPSO

Yinson Completes $1.3B Financing for Agogo FPSO

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

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

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

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

BP Suspends Production at Azerbaijani Platform for Maintenance Works

BP Suspends Production at Azerbaijani Platform for Maintenance Works

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