Offshore - Oil & Gas

  • What does the maritime industry need to survive...

    The conference witnessed the presence from global industry experts who are specialized in classification, offshore, and ship building and ship management fields and they discussed the opportunities ahead to develop the maritime sector in light with `the full support coming from the government entities

  • Deep Potential: E&P Activity Offshore Myanmar

    While offshore production activity in Myanmar began in 1998, deepwater E&P in the country is arguably still nascent. However, recent deepwater gas discoveries off Myanmar seem to have bolstered the confidence of oil companies sufficiently for them to start planning deepwater drilling campaigns, in spite of weaker energy prices. Could these first steps be indicative of Myanmar’s deepwater E&P potential?

  • DGH, Jt Secy to be govt nominees on oilfield...

    Upstream regulator DGH and Joint Secretary (Exploration) in the Oil Ministry will be the government nominees on oversight committees that will monitor the 30 small discovered oil and gas fields awarded in the first round of auction.

  • Wind-powered offshore decommissioning in Rotterdam

    The Port of Rotterdam is in the process of building a new offshore wind centre, which will be used to decommission oil and gas platforms close by. The project’s potential is undeniable – both in terms of environmental performance and the local economy – but the port is treading new ground, as Ross Davies discovers.

  • Romania's OMV Petrom to invest 70 mln euro...

    Romania's top oil and gas group, OMV Petrom [BSE:SNP], said on Monday it plans to invest 70 million euro ($83.5 million) into a new drilling campaign in the shallow waters of Istria block in the Black Sea. The campaign includes the drilling of two wells by the end of this year and a further two by mid-2018, OMV Petrom said in a press release. The wells are planned to be drilled to depths of up to 2,000 meters below sea level.

  • The Guardian view of offshore wind: cheaper and...

    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. 

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Kuwait oil revenues to hit $40.64bln for FY17/18

By the end of September 2017, the first half of the current fiscal year 2017/2018 ended and the average Kuwaiti oil price for September scored US$ 52.3 per barrel, up by US$ 3.8 per barrel, 7.8%, from August’s average price of US$ 48.5 per barrel. It is also higher by US$ 7.3 per barrel, 16.2%, than the new budget hypothetical price of US$ 45 per barrel.

English

National Oil and Gas Gateway consolidates well-level data from participating states

The National Oil and Gas Gateway is the first publicly available website with oil and natural gas well-level data from multiple states. The website was created as a collaborative initiative among the U.S. Energy Information Administration; the Groundwater Protection Council (GWPC) and its member states; and the U.S. Department of Energy’s Office of Oil and Natural Gas, part of the Office of Fossil Energy.

English

Deep Potential: E&P Activity Offshore Myanmar

While offshore production activity in Myanmar began in 1998, deepwater E&P in the country is arguably still nascent. However, recent deepwater gas discoveries off Myanmar seem to have bolstered the confidence of oil companies sufficiently for them to start planning deepwater drilling campaigns, in spite of weaker energy prices. Could these first steps be indicative of Myanmar’s deepwater E&P potential?

English

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