Offshore - Oil & Gas

  • Qatar set to remain dominant force in global LNG...

    Qatar’s plans to develop an export-oriented gas project in the North Field, with a capacity of about 2bn cu ft a day will help the country consolidate its position as a major LNG exporter while satisfying the rising domestic demand for natural gas.

  • Rosneft said to prepay about $1bn for Iraqi...

    Rosneft’s commitment to pay in advance for crude oil from the Kurdish region of Iraq is about $1bn, according to two people with knowledge of the matter who asked not to named as the supply deal is private.

  • LNG supply gap may form as investment drop...

    The global liquefied natural gas (LNG) industry will face a supply shortfall in about five years because low prices have discouraged investment in new production, major producers said on Tuesday at a gas conference in Chiba, near Tokyo.

  • Nine firms apply for prequalification

    The deadline to participate in the new prequalification round for oil and gas exploration off Lebanon’s coast has passed with nine new companies applying to take part in the first licensing round, said a statement issued by the Energy Ministry and the Lebanese Petroleum Administration.

  • Gas leak from Lunskaya-A platform in Okhots sea

    Gas leak was detected from Lunskaya-A platform in Lunskoye offshore field on 9 nautical miles from Sakhalin east coast in Okhots sea. The crew from the offshore platform were evacuated to standby support vessel and the production was shut down. The emergency works are under way, but there is no treat for the employees on board of the rig. The emergency teams are assessing the quantity spilled and the source of the leak. Also the authorities will request a full report for the environmental impact caused by the gas leak. There were no reports for injuries during the accident and the investigation will be held after the situation is normalized.

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Why Trump's offshore drilling order could backfire

US President Donald Trump signed an executive order to extend offshore oil and gas drilling to areas that have been off limits - a move meant to boost domestic production but which could fall flat due to weak industry demand for the acreage.

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Introducing AkzoNobel's innovative protective coatings to Iran

AkzoNobel, a leading global paints and coatings company, is underlining its commitment to invest in the country and expand its presence by participating in the Iran Oil Show 2017

AkzoNobel will be presenting a selection of its innovative protective coatings products at the show, which takes place from 6 - 9 May in Tehran. These include its international brand of innovative products from Chartek, Interchar, Ceilcote and Enviroline product ranges, used in industries including oil and gas, mining and power – all high-growth sectors in Iran.

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ONGC uses offshore design and analysis software to requalify aging platforms

A public-sector undertaking of the government of India headquartered in Dehradun, ONGC is a multinational corporation and the country’s largest oil and gas exploration and production company. It began oil exploration and production offshore India in 1976, and today operates 265 fixed platforms in water depths ranging from 25-90 m (82-295 ft). Most of the jacket-type platforms designed for 25 years of service had outlived their design lives. Some platforms underwent modifications to meet changing conditions or to enhance oil recovery, while others were considered noncompliant with Oil Industry Safety Directorate (OISD) requirements.

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