Polish LNG terminal operator Polskie LNG has obtained a set of environmental and location decisions for all projects implemented under the LNG Terminal Expansion Program. The environmental permits are final, while the decisions issued by the Governor of West Pomerania are immediately enforceable (which stems directly from the provisions of...
The Hellenic (Greek) Hydrocarbon Resources Management (HHRM) department reports that seismic studies of Crete's offshore predict major reserves located to the south. ”The team of HHRM completed the processing of seismic data to accurately map the geometric structures in the marine areas of central Ionian and south of Crete,” the...
Gazprom Neft continues to champion the digital transformation of the oil and gas industry by agreeing a joint venture with ICS Holding to develop digital products for not only the Russian energy market but globally as well. The development strategy for the new joint venture is aimed at addressing...
Militants threatening Mozambique LNG occupied the port of Mocimboa da Praia in the early morning hours on August 12, according to a report on the Moz24Horas website. The reported says terrorists occupied this vital port in gas-rich northern Mozambique following days of attacks claimed by an ISIS-affiliated group, according...
Saudi Aramco and ACWA Power signed a memorandum of understanding (MOU) with Bangladesh on Thursday to develop a 3,600-megawatt LNG-based power plant and terminal in the country. As part of the deal, the Saudi companies will invest around $3 billion, the Bangladesh government said at the recent signing ceremony. The Bangladesh...
The US shale production decline is likely to continue, despite a bounce back in demand since April, the height of the COVID-19 pandemic. The U.S. rig count is at its lowest since 2005; only 176 oil rigs are currently active nation-wide. Drilling permits in July dropped to their lowest level...
Industry solutions at TOGC 2020 will be on display at an alongside exhibition. The closed-door Transportation Oil and Gas Congress 2020 (TOGC 2020) will be held on 16–17 November 2020 in Milan, Italy. Midstream industry experts will gather at TOGC 2020 to keep updated with the cutting-edge solutions in the...
Syria invites Russian oil companies to explore in the Eastern Mediterranean Sea. Syria’s parliament has approved contracts for oil exploration with two Russian companies in an effort to boost production hit by more than eight years of war and Western sanctions. Meanwhile, Lebanon is preparing for its first-ever maritime oil...
SIMMONS EDECO wins Mexican drilling contracts that further expand its Latin American business. The Calgary-based supplier of onshore drilling and workover services completed an onshore drilling campaign for a major oilfield services company in Mexico in October. That USD multi-million dollar contract required SIMMONS EDECO to drill 13 wells....
Weatherford INT digital collaboration expands as Weatherford International it is strengthening its ties with upstream data visualization provider INT to provide next-level, real-time well visualization in both 2D and 3D, the company has announced. Weatherford will embed INT’s IVAAP framework into the Weatherford Centro digital well delivery software, advancing...