UKOG has given up on its license offshore Isle of Wight to focus on adjacent onshore oil discovery and exploration prospects.
Sydney-based Origin Energy, the holder of a 37.5 percent stake in the Australia Pacific LNG project, has completed the A$1.59 billion ($1.24 billion) sale of its conventional upstream oil and gas business, Lattice Energy, to Beach Energy. To remind, the deal was announced back in September 2017. “Af
Premier Oil has been awarded the Andaman II license in the 2017 Indonesian License Round.
IHS Markit has identified more than five billion quick-to-first-oil barrels of oil equivalent up for grabs in numerous smaller, previously bypassed, or underperforming reservoirs outside North America. These, IHS Markit said, offer oil and gas operators a ’shorter-cycle’ path to production than new,
South Korean families of Stellar Daisy’s missing crew are calling for the search and rescue operation to be resumed.
SEALNG, the industry coalition promoting the use of liquefied natural gas as a marine fuel, said on Tuesday it has launched a new free-to-access online tool to improve understanding of the current and rapidly evolving, LNG bunkering infrastructure landscape. The new Bunker Navigator Tool utilises me
Port of Philadelphia is preparing for the arrival of ever larger containerships.
Australia-based Red Emperor Resources is thinking about abandoning its interest in offshore Philippines Block, Service Contract 55 (SC 55).
Statoil has received consent from the PSA to use two Island Offshore-owned vessels for well intervention at two North Sea fields.
The dynamism of the global maritime industry has given industry leaders optimism for what 2018 has in store. “Global oil demand growth is strong and export-oriented refinery capacity is increasing to meet this demand. The shift of short-term oil market dynamics, coupled with underlying strong demand
Noble Energy said on Monday it would sell a 7.5 percent stake in the Tamar natural gas field, offshore Israel, to Tamar Petroleum in a deal valued at about $800 million. Under the deal, the Houston-based Noble will receive $560 million in cash and 38.5 million shares of Tamar Petroleum. The company
Bhagwan Marine, a marine solutions provider in Australia, has relocated its head office. The new head office is situated at 251 St Georges Terrace in Perth’s CBD. “We made the strategic decision to re-locate our head office to St Georges Terrace in Perth to benefit from a number of efficiencies, and
The full potential of European Union free trade agreements (FTAs) remains untapped.
Polish gas transmission operator, Gaz-System, expects the Swinoujscie LNG terminal’s expansion to be completed by the end of 2022.