Phases 15 & 16 of the massive offshore South Pars gas field are close to starting production, according to the project's manager. Reza Forouzesh said the phases are expected to come online by mid-October. Production from Phases 15 & 16 of the offshore South Pars…
A busy week for global news mid-July sent crude prices plummeting. The agreement between the Greek government and European financial ministers left a lingering uncertainty hanging over the Eurozone, with several high profile organizations remaining openly critical of it…
The first step towards lifting sanctions on Iran’s oil production could be taken tomorrow (14 July) in a deal that would open up its territory to western nations and see the country’s oil exports double in the next six months is agreed. Image…
A deadline between western nations and Iran over the country's nuclear activities in a move which could open the country to international oil firms has once again been delayed. A deal, which would see sanctions lifted on the oil and gas rich nation…
In a break from the energy industry’s current contraction trend of spending cuts, employee layoffs, contract delays and cancellations, Abu Dhabi National Oil Co. (ADNOC) recently announced plans to spend more than US$25 billion on various offshore fields…
Phase 12 of the giant South Pars gas field has been brought online in a ceremony involving Iranian president Hassan Rouhani. Phase 12, described as the biggest phase of the development of the South Pars field, officially launched operation…
The board of Oil & Gas UK has appointed Deirdre Michie as the organization’s new Chief Executive. Deirdre Michie will take up her position from 1 May 2015, replacing the current Chief Executive Malcolm Webb who formally retires on 31 May 2015…
The shallow waters of the Persian Gulf, also known as the Arabian Gulf, belie the plethora of offshore infrastructure – new and old – in the Middle East. Elaine Maslin probes beneath the waves. In 2005…
Production of crude oil and natural gas began for Chevron Corp.’s Jack/St. Malo project in the deepwater US Gulf of Mexico (GoM). The Jack/St Malo semisubmersible floating production unit. From Chevron…
OE asked Infield Systems to provide insights on today’s biggest offshore oil & gas projects. Top five global offshore projects currently under development (by capital spending) What…
Among the notable industry milestones in 2014, organizations commemorated significant anniversaries and acknowledged not just survival, but growth. Sesquicentennial! – 2014 is the 150th anniversary of the Foundation Det Norske Veritas…
Canada's CGX Energy said the jackup rig slated to spud its offshore Guyana prospect is due to be completed by end of January 2015. The Hakuryu-12 jackup drilling rig, soon to be part of Japan Drilling Co.'s fleet, is currently under construction in Singapore at PPL Shipyard…
The American Association of Petroleum Geologists (AAPG) and the Society of Exploration Geophysicists (SEG) announced a joint venture to co-present oil and gas events around the world to provide their members and the oil and gas global industry…
Eleven Japanese companies including oil and gas exploration firm Inpex have joined forces to create a new firm focused on methane hydrate extraction. Japan Methane Hydrate Operating Co., (JMH) was formally established 1 October specifically…
Noble Energy has entered into a non-binding letter of intent (LOI) to supply Jordan’s National Electric Power Co. Ltd. (NEPCO) gas from the Leviathan field, located off Israel, the company announced on 3 September 2014. In the US$15 billion deal…
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