Canada’s Energy Regulator (CER), formerly the National Energy Board (NEB), approved an application by Chevron Canada to export LNG from Kitimat, BC, mainly to Asian markets, for a term of 40 years. In its application, Chevron Canada said that it intends to export up…
Pars Oil and Gas Company (POGC) has completed annual overhaul operations on 22 offshore platforms at the South Pars gas field in the Persian Gulf. The programme, which lasted 160 days, was designed to sustain sufficient gas supply to meet Iran’s needs during the…
The machines, from the Delta4000 series, will be supplied in the 4.8 MW operating mode and the order also includes a Premium Service contract covering ten years. Karayel Elektrik is a project company owned by Nokta Investment Holding and Yilsan Investment Holding in Istanbul….
Wintershall Dea has drilled the longest well (A36B) ever completed by the company in Norway. Reaching some 9,023 metres from the Brage platform, the well is around 200 metres longer than Mount Everest is tall. The A36B well is also the longest offshore…
The global oil and gas sector outlook is stable, but the risk of downgrades exists for some companies, particularly in North America and Latin America, says Fitch Ratings. Bifurcated market access and weak natural gas prices are elevating refinancing risk in North America, while…
Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with China State Shipbuilding Corporation (CSSC) to study, research, and develop marine equipment and technology jointly. The MoU will include research into zero-emission vessel projects and applications which comply with the IMO’s 2050 decarbonisation…
Pirates boarded a fully loaded super-tanker off the coast of Nigeria, an act which is sure to ring alarm bells for insurers about the risk of collecting oil from Africa’s biggest producer. Nineteen crew were kidnapped and remain missing, a spokeswoman for Navios, the…
Italian oil company Eni and Neptune Energy have completed the transfer of a 20% participating interest in the East Sepinggan area, located off Indonesia, out of Eni’s share to Neptune Energy. Neptune Energy agreed to acquire interests from Eni in the East Sepinggan PSC…
Energy Transfer LP has announced that a comprehensive commercial tender package has been issued to engineering, procurement and construction (EPC) contractors to submit final commercial bids for the proposed Lake Charles LNG liquefaction project being developed by Energy Transfer and Shell US LNG, LLC. …
Gazprom Neft subsidiary Gazprom Neft Middle East has produced its three-millionth tonne of oil since starting commercial production at the Sarqala field in the Kurdistan Region of Iraq (KRI). Total cumulative production at the Sarqala field has reached three million tonnes, or 23 million barrels of oil, as at December 2019. Daily liquid…
