ExxonMobil to Expand Singapore Refinery

Exxon Mobil has made a final investment decision to expand its integrated manufacturing complex in Singapore, the supermajor reported on the 2nd April.   According to ExxonMobil, the multibillion-dollar expansion will enable the facility to convert fuel oil and other bottom-of-the-barrel crude products into higher-value…

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Rystad Energy: E&P firms, awash in cash, could gain more

The world’s publicly listed oil and gas exploration and production companies are bringing in cash at the best rate ever witnessed, even though oil prices have only partially recovered from the huge drop suffered in 2014 and 2015, according to Rystad Energy.   Free cash…

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Strong Demand for Gas to Power Generation in Cambodia

Surrounded by bigger international players from neighbouring countries, Cambodia’s potential to import LNG has always been overlooked until recently.   Announcements of interests by Russia and Indonesia to develop Cambodia’s LNG infrastructure in Cambodia depicts the immense opportunity for gas to power in Cambodia.  …

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People in the News

Celebrus New Appointments to the Board of Directors Celebrus Risk Limited announced on the 1st April that its Shareholders resolved to appoint three new Directors to the company’s Board to join existing Directors, Nick Readings and Pat Hannam. All three have now received FCA Approval…

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Vroon conveying crews to Dutch platform complex

Total E&P has commissioned Vroon Offshore’s walk-to-work vessel VOS Start to provide offshore logistical support for a maintenance campaign in the Dutch North Sea.   The vessel, equipped with a 50-metric ton (55-ton) active heave-compensated crane and accommodating up to 60 people, is designed to…

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Deals signed for Equatorial Guinea ‘Gas Mega Hub’

Noble Energy, as operator of Alen gas project offshore Equatorial Guinea has signed definitive agreements with Marathon Oil and Equatorial Guinea government to develop the fields gas resources via through Alba Plant LLC’s LPG processing plant and EG LNG’s LNG production facility, both located in…

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Neptune to develop Seagull field off UK

Neptune Energy and partners plan to start production from high-pressure, high-temperature Seagull oil field in the Central UK North Sea by the end of 2021.   Neptune, the operator, said they have made the final investment decision and applied to the Oil and Gas Authority…

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