News

  • API launches new edition of cybersecurity standard for pipelines

    The American Petroleum Institute (API) has published its Third Edition of Standard (Std) 1164, ‘Pipeline Control Systems Cybersecurity’, underscoring the natural gas and oil industry’s ongoing commitment to protecting the US’ critical infrastructure from malicious and potentially disruptive cyber-attacks.   In development since 2017, the…

    Read more
  • Sembcorp boosts workforce for Karish FPSO

    Energean expects its Karish field development to deliver first gas in mid-2022, the company confirmed in its latest results statement.   The FPSO Energean Power should depart for Israel in 1Q 2022, a 35-day voyage, with subsequent hook-up and pre-first gas commissioning expected to take…

    Read more
  • Neptune gets nod to drill North Sea prospect

    Oil and gas company Neptune Energy has received consent from Norwegian authorities for exploration drilling in the North Sea, using an Odfjell Drilling-owned rig.   The Petroleum Safety Authority (PSA) said on the 6th September that it has given Neptune Energy consent for exploration drilling…

    Read more
  • TotalEnergies and Iraq Agree US$27 billion Deals

    Iraq’s government and TotalEnergies SE have agreed on a US$27 billion package of investment deals aimed at boosting oil and gas output and reducing power outages in OPEC’s second-biggest producer.   The French energy company will invest US$10 billion in the projects over seven years,…

    Read more
  • Papua New Guinea Hands Pandora Gas Field to State-Owned Kumul

    The Papua New Guinea government has awarded state-owned Kumul Petroleum rights to develop the Pandora gas field, estimated to hold one trillion cubic feet of gas, rejecting other bids in order to keep control of PNG’s resources within the country.   Petroleum Minister Kerenga Kua said the grant…

    Read more
  • Aker BP set to downgrade North Sea Liatårnet resource

    Aker BP expects to lower oil estimates for its Miocene Liatårnet discovery in the Norwegian North Sea, following appraisal drilling.   Liatårnet, proven in 2019, was considered as a potential resource for the multi-field North of Alvheim Krafla Area (NOAKA) development, although not included in…

    Read more
  • Ukraine Warns Europe to be Dependent on Russia for Gas Supply with Nord Stream 2

    The launch of Russia’s Nord Stream 2 gas pipeline will mean Europe will be solely dependent on Moscow-run pipelines as the Ukrainian route for gas delivery to Europe disappears, the head of Ukraine’s gas transit operator said.   Russia’s Gazprom has almost completed the construction of Nord Stream 2, which can divert transit gas flows…

    Read more
  • Iraq, TotalEnergies Close to Signing Oil, Solar Deal

    The government of Iraqi and TotalEnergies SE are close to finalising an accord which will trigger billions of dollars of investments aimed at boosting oil and gas production and reducing electricity outages in the Middle-Eastern nation, people familiar with the matter said.   Under the…

    Read more