Offshore - Oil & Gas

  • Cooperation With Russia, Turkey to Boost Iran...

    Ajoint effort by Iranian, Russian and Turkish companies can lead to producing more than 100,000 barrels of crude oil and over 80 million cubic meters of natural gas per day from Iranian fields, the head of Iran's Ghadir Investment Company said.

  • Abu Dhabi Confirms Expanded Programme For World’s...

    Organisers of the annual Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), hosted by ADNOC, have confirmed the event’s technical conference, already the world’s largest for oil and gas professionals, will see a significant increase in scope for 2017 to include the downstream industry for the first time, as well as more sessions for specialised areas including offshore and marine exploration and production.

  • BunkerEx is an online marketplace for shipping...

    There are an growing variety of startups attempting to carry extra transparency — and, dare I say it, disruption — to varied component of sea freight or the delivery trade. These embody Freightos, the well-funded freight market and freight-forwarding quote value comparability website, and, extra just lately, Shipamax, which is attempting to tug bulk delivery into the digital age.

  • Chinese oil majors to unveil better first half...

    China’s three state-backed oil and gas titans are expected to post much improved interim results this week on the back of a rebound in energy prices thanks to faster global economic growth and supply cut backs by major producers.


The Guardian view of offshore wind: cheaper and greener

The precipitous drop in the price of electricity from offshore wind turbines should be a tipping point for green technology. In 2014 the current generated by a forest of giant whirling fans out at sea was priced at around £150 per megawatt hour. In the latest auction this week the comparable cost dropped as low as £57.50/MWh. 


Oman invites bids for 4 oil and gas blocks

The Ministry of Oil & Gas has unveiled a total of four onshore hydrocarbon blocks for investment as part of the Oman Licensing Round 2017, registration and bidding for which formally commences on September 20, 2017. Up for grabs are Block 43B, Block 47, Block 51 and Block 65 — part of a portfolio of over 10 open blocks that will be tendered over the next few years, the ministry said in a backgrounder on the new Licensing Round.


Offshore oil companies reboarding platforms, rigs in U.S. Gulf of Mexico

Offshore oil and gas operators in the Gulf of Mexico are reboarding platforms and rigs and restoring normal operations following Tropical Storm Harvey. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team continues to monitor the operators’ activities as they return to safe operations. This is the final update of evacuation and shut-in production statistics for Tropical Storm Harvey.