Crude oil markets traded in a relatively narrow range in October following heightened volatility in September stemming from the attack on Saudi Arabian crude oil processing facilities. Brent crude oil spot prices averaged US$60/bbl in October, down US$3/bbl from September and down US$21/bbl from…
Renovation and upgrading of the production barge continues at the Benoi yard and Gul dry-dock in Singapore. New living quarters have been delivered and installed, along with the helideck and emergency diesel generator. The second and final dry-dock has been completed for all hull…
A nacelle from GE Renewable Energy’s Haliade-X 12 MW offshore wind turbine has arrived at the Offshore Renewable Energy (ORE) Catapult’s testing facility in Blyth, Northumberland, ahead of a rigorous testing programme designed to prepare it for years of operation at sea. This nacelle,…
Natural gas exploration by global oil companies in Bolivia, key to growing the country’s sagging economy, has stopped amid an escalating political crisis which has left the Andean nation rudderless. Royal Dutch Shell Plc, Total SA and Repsol SA have all stopped or severely…
A fresh wave of offshore project sanctions across South-east Asia could boost greenfield investments in the oilfield service space by almost 70% in 2020, according to energy intelligence firm Rystad Energy. The growth will be driven by a handful of new mega-projects across Malaysia,…
The energy transition is undoubtedly impacting corporate upstream strategies in significant and sometimes disruptive ways. Coupled with the post-2014 downturn in oil prices, Wood Mackenzie sees seismic changes in the way the industry allocates capital across development, exploration, and mergers and acquisitions. While the…
The main difference between the two welded pipes of spiral welded pipe and straight welded pipe is the difference in welding form. Spiral welded pipe is a low carbon structural steel or a low alloy structural steel strip rolled into a tube blank with a…
Gazprom has started filling the first of the two new TurkStream offshore pipelines in the Black Sea with gas. This represents the final step in the commissioning process. First commercial supplies through the system are due to begin by year-end. The twin pipelines will…
Germany based energy company ‘RWE’ delivered its first Liquified Natural Gas cargo to Milford Haven LNG Terminal in Great Britain RWE shipped around 150,000 m3 of LNG will be re-gasified through a Milford Haven LNG Terminal, located close to RWE’s 2,000 megawatt Pembroke B…
Anglo African Oil & Gas has entered into a rig option agreement with Société de Forage Pétroliers (‘SFP’) for the provision of a rig to carry out drilling operations on well TLP-103C-ST at the Tilapia field in the Congo, in which the company has a…
