News

  • Tulip Oil brings online Q10 gas development in Dutch North Sea

    Dutch privately-held exploration and production operator Tulip Oil has started gas production from its Q10 offshore gas development in the Dutch North Sea.   According to the company’s statement, the initial gas production from the well QA-01 started on Friday, the 15th February, to be…

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  • Oilfield services giants strengthen foothold in Qatar

    Qatari national oil and gas company Qatar Petroleum has signed agreements with oilfield services majors Schlumberger and Baker Hughes which will see the two companies strengthen their presence in the country.   Qatar Petroleum said on the 18th February that the memorandum of understanding signed with…

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  • KRG “suspends Oil Exports to Iran”

    On the 17th February, the Kurdish Regional Government (KRG) reportedly suspended oil exports to Iran.   According to Anadolu Agency, the KRG’s Ministry of Finance and Economy did not specify a reason for the move, and “it remains unclear whether the suspension is linked to…

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  • Excelerate, Equinor mark milestone for LNG transfer in the Bahamas

    On the 7th February, Excelerate Energy LP and Equinor Energy AS completed the first-ever ship-to-ship (STS) transfer of LNG in the Bahamas.   Using Excelerate’s FSRU Exemplar and Equinor’s LNG carrier Arctic Voyager, a full LNG cargo was transferred using the double-banked LNG transfer system…

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  • Oil Will Continue to Play Significant Role in 2040

    Although the precise outlook is uncertain, the world looks set to consume significant amounts of oil for several decades.   That is according to BP’s latest Energy Outlook, launched in London on the 14th February, which considers a range of scenarios.   All the scenarios…

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  • Croatia opens licensing round in Dinarides onshore area

    Croatia has opened a licensing round for oil and gas exploration in its central and southern regions with the bid deadline being the 10th September.   Licences are tentatively scheduled to be announced in December, a spokesman with the Croatia Hydrocarbon Agency (CHA) said.  …

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  • Chevron Signs New Gas Agreement with GS Caltex

    Chevron USA Inc has announced the signing of a sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas  to South Korea from Chevron’s global supply portfolio.   As a joint venture between Chevron and GS Energy, GS Caltex has…

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  • Searcher Seismic completes airborne geophysical survey in Papua New Guinea

    Searcher Seismic has announced the completion of the regional multi-client airborne gravity, gravity-gradiometry and magnetics survey covering the transition zone of the Gulf of Papua.   The Roho Airborne Gravity, Gravity-Gradiometry and Magnetic Survey covers approximately 60,700 square kilometres along the southern coast of PNG….

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