Industry News

Sempra Energy Subsidiary, Polish Oil & Gas Co. to export U.S. LNG to Europe

Port Arthur LNG, LLC, a subsidiary of Sempra Energy, and the Polish Oil & Gas Company (PGNiG) announced they have entered into a definitive 20-year sale-and-purchase agreement for liquefied natural gas.

What is the number one trait valued when selecting engineering and construction contractors?

What is the number one trait valued when selecting engineering and construction contractors?

Exxon Mobil secured U.S. hardship waiver from biofuels laws

The U.S. Environmental Protection Agency granted oil major Exxon Mobil Corp (XOM.N) a financial hardship waiver this year temporarily freeing its Montana refinery from U.S. biofuel laws, three sources familiar with the matter told Reuters.

Clariant and Saudi Kayan to evaluate alkoxylates joint venture

Clariant, a world leader in specialty chemicals, announced that it has signed a Memorandum of Understanding (MoU) with Saudi Kayan, a Saudi joint stock company leading in the field of chemicals, polymers and specialty products.

Sudan signs mining, oil refinery agreements with Russian companies

Sudan signed an agreement with Russian companies to build a refinery on the Red Sea in Port Sudan with a capacity of 222,000 barrels per day, the oil ministry said

Senex Energy completes initial flow test of Gemba-1, in the Cooper basin

Senex Energy Ltd. has successfully completed the initial flow test of the Gemba-1 gas exploration well in the Cooper basin, with stabilized flow rates of approximately 8 MMscfd, plus associated liquids.

Petrofac secures $10-million construction and commissioning contract

Petrofac’s Engineering and Production Services (EPS) business has secured a construction and commissioning contract with Ithaca Energy (UK) Limited valued in the region of $10 million.

CNOOC signs strategic cooperation agreements with nine IOCs

CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with nine international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation and TOTAL (in alphabetical order).

Russia's first FSRU to arrive at Kaliningrad to start up LNG imports

Russia’s first liquefied natural gas (LNG) floating storage and regasification unit (FSRU) is expected to dock at the port of Kaliningrad on Dec. 18, a source familiar with the matter told Reuters.

Shell to go ahead with Shearwater gas expansion in North Sea

Royal Dutch Shell said on Monday it would expand the Shearwater gas hub in the British North Sea, its seventh project to get the green light in the aging basin this year.

Tanzania ups the pace on LNG project

Equinor, ExxonMobil and Shell are among the interested parties

Phase 1 of Senegal's SNE development commences FEED activities

Woodside has advised that the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore JV has agreed to commence FEED activities for the SNE Field Development-Phase 1 offshore Senegal.

Equinor's Aasta Hansteen Nowegian Sea goes online

Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea.

Qatar Petroleum signs agreement to acquire interest in three offshore oil Fields in Mexico

Qatar Petroleum entered into an agreement with Eni to acquire a 35% participating interest in three offshore oil Fields in Mexico.

New oil, gas projects to accelerate next year: report

The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said in a report.

Saudi's Falih discusses joint refining projects with India's Reliance

India’s Reliance, operator of the world’s biggest refining complex, and top oil exporter Saudi Arabia will explore joint investments in refining and petrochemicals in the two countries, Saudi Arabian Energy Minister Khalid al-Falih said.