Proposed green hydrogen projects are surging across the globe as governments seize opportunities afforded by post-pandemic green stimulus packages. Rystad Energy research shows the global pipeline of utility scale green hydrogen developments, meaning projects with […]
Upwing Energy, an artificial lift technology company, and Mitsubishi Heavy Industries (MHI), an industrial firm, have been awarded the next phase of the Magnetic Drive System™ (MDS) project by DeepStar, a global offshore research and […]
Total and Tullow have entered into an agreement, through which Total is to acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude Oil Pipeline. The overall consideration paid by […]
China, one of the largest consumers of transportation fuel globally, had a lot at stake when it became the ground zero for coronavirus (COVID-19) and subsequently announced countrywide lockdown to arrest the spread. This resulted […]
With coronavirus (COVID-19) being declared a global pandemic by the World Health Organisation (WHO) and the oil price war resulting from the OPEC+ disagreement, the oil and gas industry in Asia is facing an unprecedented […]
Borr Drilling Limited has announced that it has been awarded letters of acceptance (LoAs) for work in the Asia Pacific region for two of its premium jack ups, of which one is a newbuild being […]
Sandvik has won the first large-scale stainless-steel umbilical tube order in Brazil’s pre-salt Mero oilfield. The milestone contract is significant for the offshore Brazilian oil and gas industry, which typically uses thermoplastic hose umbilicals. It […]
Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates, drawing extra attention to upcoming wells. Meanwhile global oil firms are preparing to spend more […]
The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy. Last year recorded 26 discoveries […]
ExxonMobil reports it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable […]
Copyright © 2020 | MH Magazine WordPress Theme by MH Themes