Oil and gas firm Jadestone Energy has signed new offtake arrangements for its Stag offshore oil field in W. Australia as the FSO used to take oil off the Stag platform is set to retire.Jadestone’s Stag oilfield produces crude oil via a fixed leg…
Canadian oil and gas company Husky Energy said Wednesday it was moving towards the startup of the Liuhua 29-1 field at the Liwan Gas Project, offshore China. Husky said that the tie-in of the Liuhua 29-1 field at the Liwan Gas Project was complete…
Two natural gas pipelines that connect offshore U.S. Gulf of Mexico production platforms resumed operation on Tuesday, Enbridge Inc said, after hurricane-related shutdowns last week.Energy companies continued to restart offshore operations after…
The U.S. Coast Guard said it was responding to a natural gas release from an unmanned production platform approximately three miles offshore of Corpus Christi, Texas, Tuesday.The agency said its watchstanders received a report of white smoke…
China's Shanghai Waigaoqiao Shipbuilding (SWS) shipyard has delivered another Guyana-bound FPSO hull for the Dutch FPSO specialist SBM Offshore.Following the delivery of the Liza Unity hull in late 2019, SWS on Monday delivered the Liza Prosperity hull…
Catastrophic damage to power lines and communications outages on Monday weighed on U.S. Gulf Coast refineries' post-Hurricane Laura assessments and on offshore oil and gas production.Energy companies continued to inspect and restart offshore…
Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to pre-COVID levels in a well-supplied market.Brent crude futures for November advanced to $46…
U.S. Gulf of Mexico crude oil output remained down 70%, or 1.29 million barrels per day, according to data released on Sunday by the Department of Interior, as companies continued to return crews to offshore facilities that were evacuated ahead of Hurricane Laura…
Oil prices fell in early trade on Friday as a massive hurricane raced inland past the heart of the U.S. oil industry in Louisiana and Texas, with a storm surge weaker than predicted.U.S. West Texas Intermediate (WTI) crude futures fell 16 cents…
Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country.Exxon, which operates…
Oil companies in the U.S. Gulf of Mexico had, by Wednesday 11:30 CDT, evacuated workers from 299 oil companies due to a threat from the hurricane Laura, the U.S. offshore safety body BSEE said. According to the BSEE report Wednesday, oil firms…
Africa's second-biggest oil exporter, Angola, has unveiled a 2020-2025 energy roadmap which foresees oil discoveries of up to 57 billion barrels of crude oil and 27 trillion cubic feet of gas, state news agency ANGOP reported.The plans involve…
Norwegian offshore oil and gas drilling contractor Odfjell Drilling is stepping out of the comfort zone and into the offshore renewables space.The company, which provides drilling rigs for oil and gas companies, on Thursday announced its investment in Oceanwind AS…
FAR, an Australian oil and gas company with a share in the $4.2 billion Sangomar oil and gas field in Senegal, will not stand in the way to its partner Cairn divesting its stake in the project.Namely, Cairn last month agreed to sell its 40% ownership in the Woodside-operated Rufisque…
Bursa Malaysia-listed oil and gas company Hibiscus Petroleum is looking to expand its asset portfolio through acquisitions of assets with strong production potential.Hibiscus, which owns offshore oil fields in Malaysia, Australia, and the UK North Sea…
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