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.


Trump appoints US offshore safety regulator

President Donald Trump has named Louisiana regulator Scott Angelle to oversee safety of the offshore oil and gas sector as director of the US Interior Department's Bureau of Safety and Enforcement (BSEE).