News

  • Palestine asks to Import Fuel from Iraq

    The Palestinian Authority has reportedly filed a formal request to Israel to allow the import of fuel from Iraq.   Palestinian Prime Minister, Mohammed Shtayyeh, told Israel’s Haaretz newspaper that although the request was made four months ago, Israel has yet to respond.   He…

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  • Russian operator lets contract for new methanol plant

    Gaz Sintez LLC has let a contract to Haldor Topsoe AS to license its proprietary SynCOR methanol technology for the operator’s proposed methanol plant at the port of Vlysotsk in Russia’s Leningrad region, 875 km north-west of Moscow.   The plant, which will produce 1.6…

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  • US offshore wind market emerging

    Installed offshore wind capacity in US waters could reach 20 gigawatts (GW) by 2030 and annual investments in the sector could surpass US$15 billion by the mid-2020s, according to new research by Rystad Energy.   Such a trajectory means capex in US offshore wind will…

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  • Premier farms into Mubadala’s Indonesian blocks

    UAE-based Mubadala Petroleum has completed the farmout of a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs), located offshore Indonesia, to Premier Oil.   Mubadala signed the agreement with Premier to farm out the 20…

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  • BP “Pulls Out” of Kirkuk Oilfield

    BP has pulled out of Iraq’s giant Kirkuk oilfield after its US$100 million exploration contract expired with no agreement on the field’s expansion, dealing a fresh blow to Iraq’s hopes to increase its oil output, three sources told Reuters.   “It’s very obvious study results…

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  • IHS: LNG industry set six new records in 2019

    Records set by the liquified natural gas  industry in 2019 are indicative of a sustained growth trend, with global LNG capacity expected to increase by more than 50% – from 283 million metric tonnes per annum (MMtpa) in 2015 to 437 MMtpa in 2020, according…

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  • STATS resolves pipeline issues offshore Malaysia

    STATS Group has completed a six-month campaign of pipeline isolations in Malaysia.   The company performed the 12 isolations on behalf of partner Handal Energy Berhad for an unnamed operator in Malaysia.   In all cases the company deployed its Remote Tecno Plugs (RTPs), providing…

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