Oil & Gas Industry News
10 offshore platforms for Iranian South Pars gas field are being constructed in Iranian marine industrial company’s yard (SADRA).
According to the report of the Maritime Executive, South Korea’s Ministry of Trade, Industry and Energy released its 13th Long-term Natural Gas Supply plan (13th Plan) last week covering the period from 2018 to 2031.
Siemens Gamesa Renewable Energy (SGRE) continues to reinforce its presence in Vietnam where it will install and commission the Dam Nai wind farm with 39 MW for the independent operator, The Blue Circle, headquartered in Singapore.
The experts of Katalizator JSC have developed software for modelling fluidized bed hydrodynamics in dehydrogenation process, which allows quickly solving practical tasks of our customers.
The creation of energetic security were the major themes of a Hungarian-Polish presidential meeting held in Veszprem, western Hungary on March 23, 2018.
London, 20 March. Petrofac announced that it has signed a binding letter of intent, for a contract worth around $580 million with a GCC National Oil Company for the engineering, procurement and construction (EPC) of a major project.
Shell is close to winning a deal to supply Singapore with liquefied natural gas (LNG), according to a news report.
Tbilisi, 13 March – Neftegaz.RU. According to the report of the Azeri Apa on March 12, 2018, in February Azerbaijan exported 8,900 tonnes of gasoline adn diesel to Georgia, down 500 tonnes from January.
On February 28, 2018, Vladimir Putin met for the 1st time in Moscow the new Austrian Chancellor Sebastian Kurz. The meeting gives an important political signal, because Russia was the 1st non-EU country which was visited by Kurz.
Staunchly anti-nuclear Austria has filed a legal complaint with the European Court of Justice on February 22, 2018, against the EU’s approval of the expansion of an atomic nuclear power plant in Hungary.
Delek Drilling, subsidiary of Delek Group, announced the signing of two agreements for the export of gas to Egypt (GSPA) with the Egyptian Dolphinus company.
Saudi Arabia plans to double its natural gas production over the next 10 years, the country’s energy minister told reporters on February 14, 2018.
Statoil announced on February 7, 2018, that the Johan Sverdrup Phase 1 development in the Norwegian North Sea is nearly 70% complete.
Qatar Petroleum reported on February 5, 2018, that the company entered into an agreement with French Total to acquire a 25% participating interest in the Exploration Block 11B/12B, offshore South Africa.
Industry confidence has increased much faster than the oil price, as two-thirds of senior professionals globally plan to maintain or increase capital spending in 2018.