Japan has been largely forgotten as a source of demand for energy commodities, overshadowed by the rapid rise of China, but the country's new electricity generation targets will shake the market up.For many years Japan has been viewed as a largely…
Williams (NYSE: WMB) reached an agreement with Shell Offshore Inc. and Chevron U.S.A. Inc. to provide offshore natural gas gathering and crude oil transportation services as well as onshore natural gas processing services for the Whale development…
Shares in Woodside Petroleum fell on Wednesday after an unsourced media report said Australia's top independent gas producer was in talks to buy some or all of BHP Group's oil and gas assets, analysts and an investor said.Woodside shares ended down 2 cents in a broader market that rose 0…
Malaysian oil and gas firm Petronas said Friday that Petrofac had brought online the East Cendor field in Block PM304, 40 kilometers offshore Peninsular Malaysia.The field was developed by Petrofac as the operator and Kuwait Foreign Petroleum Exploration Company and Petronas Carigali as partners…
Oil and gas company IOG, focused on developing gas fields in the Southern North Sea, off the UK, has signed a gas sales agreement with Gazprom Marketing & Trading Limited ('GM&T').The contract follows a competitive offtake process involving more than 10 bidders over recent months…
The oil and gas sector continues to rebound from the great downturn, though regional surges of Covid-19 have been spooking the market, causing crude prices to be a bit volatile over the past two weeks. But, the near-term outlook remains very positive…
O2, dubbed the world's most powerful tidal turbine, and built by the Scottish engineering firm Orbital Marine, has this week started power generation at the European Marine Energy Centre (EMEC) in Orkney. The floating turbine is anchored in…
Just a few days after it said a new well at its Van Gogh offshore oil field in Australia had achieved a production record, Australian oil and gas firm Santos is back with more positive news when it comes to its output.Santos, as the operator of the Bayu-Undan field in the Timor Sea…
Offshore cable manufacturer Nexans will deliver export cable for Equinor's floating solar pilot offshore Frøya in Norway. The floating solar project is slated to come online in December 2021 and will be the world’s first floating solar plant operating in rough offshore waters…
U.S. oil and gas exploration and production firm Talos Energy has started production from its Tornado Attic well in the U.S. Gulf of Mexico.After successful drilling of the Tornado Attic well, announced in June 2021, Talos executed completion…
Shell has started production from Block 5C in the East Coast Marine Area (ECMA) off Trinidad and Tobago. Block 5C, also known as Project Barracuda for which the FID was announced in January 2020, is a backfill project with approximately 25,000…
Brazilian oil company Enauta has brought online another oil well at its Atlanta field in the Santos Basin, offshore Brazil, following a recent pumping system failure, and is now producing from two wells connected to the Petrojarl I FPSO.As previously reported…
Oil prices fell on Thursday, extending losses as investors braced for increased supplies after a compromise deal between leading OPEC producers and as U.S. fuel stocks rose, raising concerns over demand in the world's largest consumer.Brent crude dropped 52 cents…
Japan's Kawasaki Heavy Industries has ordered from Sonardyne a suite of subsea navigation, positioning, and communications technologies to navigate, track and control its first commercial SPICE autonomous underwater vehicles (AUVs).The SPICE AUV…
Norwegian marine seismic data acquisition company PGS has signed a MoU with the French geoscience firm CGG, with a plan to combine their seismic MultiClient products and technical capabilities applied to the Carbon Capture Utilization and Storage (CCUS) industry…
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