Global Gas Trading Hub Moves

The Dutch natural gas market is reinforcing its position as one of the most important trading hubs in the world.   Trade on the Dutch Title Transfer Facility, as the market is known, is surging as Europe increased imports from Russia, Norway and further afield…

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Global E&C to provide engineering services for two Bluewater floaters

Global E&C has won an engineering and modification support services contract for Bluewater’s FPSOs Aoka Mizu and Haewene Brim, both currently operating in the UK North Sea.   The three-year contract carries two options for single-year extensions.   Formed last year, Global E&C supports brownfield…

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Woodfibre LNG granted 5-year extension

Woodfibre LNG has received a five-year extension from the British Columbia Environmental Assessment Office to begin construction on its 2.1-million tonne/year liquefaction plant.   The new deadline is the 26th October 2025.   The company had hoped to begin construction this summer but filed a…

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Major Oil EPC Players Shifting Towards Cleaner Energy

Leading oil and gas engineering, procurement and construction (EPC) companies are increasingly shifting their strategies towards cleaner energy segments.   That’s according to data and analytics company GlobalData, which outlined that major oil and gas EPCs have traditionally built relatively little exposure to renewables. The…

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CNOOC starts up eighth project off China in 2020

Oil and gas company CNOOC Limited has started production from the Liuhua 29-1 gas field in the South China Sea.   The Liuhua 29-1 gas field is located in the eastern South China Sea, 86 kilometres north-east of Liwan 3-1 gas field in a water…

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Global economic downturn impacts East Med gas projects

Lower regional demand for Eastern Mediterranean gas this year could continue, according to GlobalData.   The impact of COVID-19 has been a major factor, and weakened demand could lead to reduced gas output from the region until 2023, the consultant claimed.   Oil and gas…

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Hibiscus increases production at the North Sabah PSC

Hibiscus Petroleum has safely and successfully completed the St Joseph Minor Sands Infill and Major Sands Redevelopment Infill Drilling Campaign in September 2020, in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract (‘North Sabah PSC’).   This campaign entailed the drilling and completion…

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