Evaporation ponds, which are commonly used in many industries to manage wastewater, can span acres, occupying a large footprint and often posing risks to birds and other wildlife. Yet they are an economical way to deal with contaminated water because they take advantage of…
Saudi Arabia-based Industrialisation and Energy Services Company (TAQA) and UAE-based AlMansoori Petroleum Services (AMPS) have formed an alliance to provide high-end, fully integrated fracturing and stimulation offerings, TAQA reported on the 14th January. The oilfield services (OFS) firms announced the deal at the 2020…
French oil major Total has selected a Maersk Drilling-owned drillship to drill at what the rig owner says will be a world record water depth in Angola-Namibia campaign. Maersk Drilling said on the 14th January that it had been awarded contracts for a three-well…
SBM Offshore’s first completed Fast4Ward hull has arrived at the Keppel yard in Singapore after a 2,300-nautical mile (4,260-km) journey from the Shanghai Waigaoqiao Shipbuilding and Offshore Company (SWS) yard in China. The hull’s arrival represents a milestone on the path to delivering SBM’s…
The Abu Dhabi National Oil Company (ADNOC) has announced a set of comprehensive sustainability goals, extending its legacy of responsible oil and gas production and reinforcing its longstanding commitment to environmental stewardship. The announcement was made by His Excellency Dr Sultan Ahmed Al Jaber,…
CNOOC Ltd plans to increase its oil and gas reserves and production steadily through 2022. The company’s targeted net production for 2020 is 520-530 MMboe, of which, production from China and overseas accounts for 64% and 36%, respectively. The company’s net production for 2019…
SapuraOMV Upstream has achieved within budget first production from its Larak gas field offshore Malaysia under the SK408 Production Sharing Contract (PSC). The SK408 gas fields are part of discoveries made by SapuraOMV in a drilling campaign in 2014. They are tied back to…
Oil and gas company Tullow Oil has amended the production sharing agreement on the Walton Morant licence, located offshore Jamaica, to extend the initial exploration period during which a drill or drop decision is required for a further six months. The Walton Morant license…
Wood Mackenzie has identified six themes which will impact Asia Pacific’s gas and LNG markets in 2020. Asian LNG spot prices to fall further In 2019, the global LNG market relied heavily on Europe to absorb excess supply. Surging new LNG production from US…
Total/Woodside Energy’s block A-6 project in the Rakhine basin offshore Myanmar will be the country’s first ultra-deep-water development. The block covers an area close to 10,000 square kilometres (3,861 square miles) in water depths of up to 2,300 metres (7,546 feet). Woodside has…
