The Norwegian Petroleum Directorate (NPD) has granted its consent for start-up of the Johan Sverdrup field in the North Sea. The field is expected to produce oil for the next 40 years. Operator Equinor plans […]
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has provided an operational update in relation to the Lancaster Early Production System (EPS) and Lincoln […]
BP has announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP’s interests in […]
McKinsey Energy Insights, the global energy market intelligence and analytics arm of McKinsey & Company, has launched its Global Downstream Outlook to 2035. The report reveals that a wave of new refinery capacity, led by […]
McDermott International, Inc., along with its partners, Chiyoda International Corporation and Zachry Group, has announced that Train 1 of the Freeport LNG project on Quintana Island in Freeport, Texas, has begun producing liquefied natural gas […]
Sempra LNG, a Sempra Energy subsidiary, has announced that Cameron LNG’s first train of the liquefaction-export project in Hackberry, Louisiana, USA, has begun commercial operations under Cameron LNG’s tolling agreements. “This is an exciting moment […]
The Norwegian Petroleum Directorate (NPD) has released preliminary production figures for July 2019 show an average daily production of 1,799 000 barrels of oil, NGL and condensate, which is an increase of 402,000 barrels per […]
Equinor and partners have announced first oil from the Mariner field in the UK North Sea. The field is expected to produce more than 300 million barrels of oil over the next 30 years. “The […]
The Norwegian Petroleum Directorate (NPD) has granted its consent to start-up of the Utgard field in the North Sea. Operator Equinor is planning start-up during September 2019. The field is located on the border with […]
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil. South […]
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