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Oil field
Oil Field
Iraq to Sign Investment Contract With Totalenergies for Flare Gas Recovery Project, Launches New Hydrocarbon Exploration Licensing Round
The project aims to recover 600 million cubic feet of gas currently being flared in oil fields located in Basra, IraqIraq’s Oil Minister, Hayan Abdul Ghan…
Oil Field
Ithaca, Shell UK Sign Agreement on Cambo Oil Field Stake Sale
Ithaca Energy said it signed an agreement with Shell UK to market the oil major's 30 per cent stake in the Cambo oil prospect in the British North Sea.The d…
Oil Field
Saipem Authorized by Exxonmobil to Proceed With Oilfield Project Offshore Guyana
(WO)– Saipem has received authorization to proceed with the final phase of the Uaru oilfield development project in Guyana from ExxonMobil Guyana and its …
Floating Offshore Wind
Three Players Pursuing Floating Offshore Wind Opportunities at Barents Sea Oil Field
Norwegian oil and gas company Vår Energi has entered into a collaboration with a consortium consisting of Odfjell Oceanwind and Source Galileo to explore …
Natural Gas
Firebird Energy Ii Announces Partnership With Quantum in the Permian Basin
FireBird Energy II LLC ("FireBird II" or the "Company") announced the Company has secured equity commitments in excess of $500 million anchored by funds managed…
Energy Security
Fire Breaks Out at Offshore Oil Platform, Leaving Four Injured
UK-headquartered oil and gas exploration and production company Trinity Exploration & Production plc has confirmed that a fire broke out on one of its platforms…
Natural Gas
Qatarenergy Adds Sinopec to LNG Expansion: Correction
Clarifies the size of Sinopec's stakeState-owned QatarEnergy (QE) has agreed to transfer a small stake in its 32mn t/yr North Field East (NFE) LNG expansion…
Oil & Gas Supply
Guyana Extends Deadline for First Oil Block Bids
Growing oil producer Guyana has extended the deadline for bids in its first competitive auction for offshore blocks by three months to 15 July, the natural reso…
Crude Oil
Oil Production Cuts to Tighten Market From May and Boost Prices, UBS Says
Drop in crude inventories and supply disruption from northern Iraq of almost 500,000 barrel per day also a factorAn oil field in Russia, which said the 500,000 …
Oil Exploration
Greenlight for vår Energi to Put Floatel Unit to Work at North Sea Field
Norwegian offshore safety regulator has given Vår Energi consent to deploy one of Floatel’s semi-submersible support vessels at a field in the North…
Natural Gas
Totalenergies and the Iraqi Government Make Plans to Move Forward With Gas Growth Integrated Project
While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have, through exchanges in the pa…
Oil&Gas Drilling
2nd Asset Integrity Management Conference
We are thrilled to announce that the 2nd Asset Integrity Management Conference - Qatar will be hosted by Cogent Event Management Solutions on May 23-24, 2023 in…
United States
Why America’s ‘energy dominance’ waned in the Middle East
Dynamics changed with 2003 Iraq war, boosted US shale production and increased role of Opec and ChinaThe Nihran Bin Omar oil field flare stacks burn north of Ba…
Oil Field
Production of Daqing Oilfield Tops 2.5B Tonnes
Daqing Oilfield, China's largest onshore oilfield, has produced over 2.5 billion tonnes of crude oil as of Sunday, said the oilfield, a subsidiary of the Ch…
Oil & Gas Trade
GLOBAL MARKET FOR OILFIELD SERVICES CONTRACTORS TO REACH $1 TRILLION IN 2025
(Source: Rystad Energy – Image: Frack operation in the Permian Basin/Lorne Matalon)Rystad Energy expects the global market for oil and gas contractors to …
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