Industry news

  • Post time: 10-10-2022

    1. Dolphin Drilling Company won a drilling contract of USD 96 million off the coast of Nigeria Dolphin Drilling Company and Nigeria General Hydrocarbons Co., Ltd. (GHL) signed a one-year contract worth 96 million dollars for the Blackford Dolphin drilling platform. The contract will be executed i...Read more »

  • Post time: 10-08-2022

    1. The UK oil and gas regulator launches the 33rd round of licensing Britain’s North Sea Transitional Authority (NSTA) launched the first round of oil and gas licenses since 2019 on Friday, aiming to grant more than 100 licenses to increase domestic oil and gas production and reduce depende...Read more »

  • Post time: 09-21-2022

    1. TechnipFMC won the major EPCI contract of Total Brazil Oilfield TechnipFMC, an oil and gas service provider, has obtained a contract from Total Energy for the engineering, procurement, construction and installation (EPCI) of the Lapa North East oil field located in the sub salt Santos basin of...Read more »

  • Post time: 09-19-2022

    1. Kazakhstan is preparing for large batch of oil and gas leasing bidding Kazakhstan plans to redistribute or sell more than 100 onshore and offshore oil and gas blocks, hoping to find new owners of discovered and potential new oil fields. It is reported that there are 107 oil and gas exploration...Read more »

  • Post time: 09-09-2022

    1.ADNOC awarded us $1.83 billion drilling related service contract Abu Dhabi National Oil Company (ADNOC) recently announced the award of five framework agreements with a total value of 1.83 billion US dollars (6.72 billion AEDs) for directional drilling and logging while drilling (LWD). After a ...Read more »

  • Post time: 09-08-2022

    1. World’s second-largest steelmaker closes European plant Due to soaring natural gas and energy prices, ArcelorMittal, the world’s second-largest steel manufacturer, said in a statement last Friday that it would close one of the two blast furnaces at Bremen steel plant in Germany fro...Read more »

  • Post time: 09-06-2022

    1. The number of active oil and gas drilling rigs in the United States declined for the first time in 25 months Baker Hughes, an oil service company, said in its closely watched rig report that as of the week of August 26, the number of active oil and gas rigs in the United States, which are the ...Read more »

  • Post time: 09-05-2022

    1. Total announces withdrawal from a Russian natural gas project Total energy, a French energy giant, said it would transfer the shares of terneftegaz, a natural gas project located in Russia, to novatech, a Russian joint venture partner. The transaction is expected to be completed in September 2...Read more »

  • Post time: 08-23-2022

    1. German energy giant uniper posted a net loss of US $12.5 billion in the first half of the year Germany’s largest Russian natural gas importer and utility company uniper reported a net loss of 12.3 billion euros (12.5 billion US dollars) in the first half of last Wednesday, mainly due to ...Read more »

  • Post time: 08-22-2022

    1. The Permian Basin in the United States is expected to record production in September According to the data of the US Energy Information Administration (EIA), the Permian Basin, the largest shale basin in the United States, is expected to reach a record 5.408 million barrels per day next month,...Read more »

  • Post time: 08-15-2022

    1. Putin signs decree prohibiting investors from “unfriendly countries” from selling energy shares Russian President Vladimir Putin signed a new decree last Friday prohibiting enterprises in countries he considers “unfriendly” from selling their shares in key energy projec...Read more »

  • Post time: 08-11-2022

    1. Russia’s oil transportation to EU countries via Ukraine has been interrupted The Russian oil pipeline transportation company (Transneft) issued a statement on Tuesday (9) local time, saying that due to the sanctions of the European Union, Russia could not pay the transit fees. Ukrainian ...Read more »

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