Monday, 13 September 2021 21:33
Venezuela’s heavy oil project reserves will be left stranded as international players divest their interest, says GlobalData
Two international oil and gas players in Venezuela, TotalEnergies and Equinor, recently divested their respective 30.32% and 9.67% interest in the largest project, Petrocedeno, to the state-owned Petróleos de Venezuela S.A (PDVSA) company. According to GlobalData, this means that due…
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Oil & Gas
Monday, 13 September 2021 21:19
Q.E.D Announces Precision Liquid Level Reader for Gas Well Applications
PLR device determines leachate and/or condensate levels accurately, safelyand efficiently without the need to break the wells’ vacuum seal Q.E.D. Environmental Systems, Inc., a leading manufacturer of innovative environmental products and subsidiary of Graco Inc (NYSE: GGG)., announces the release…
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Oil & Gas
Monday, 13 September 2021 21:16
Trinidad and Tobago to dominate natural gas production from upcoming projects in Americas in 2025, says GlobalData
Trinidad and Tobago is expected to contribute around 25% or 820 million cubic feet per day (mmcfd) of the Americas natural gas production in 2025 from planned and announced projects (new build projects, excluding the US L48), according to GlobalData,…
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Oil & Gas
Monday, 13 September 2021 20:18
A Decent Start to the Week
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA Stock markets are off to a decent start at the beginning of the week, one that will be heavily focused on US economic data ahead of the September Fed meeting.…
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Oil & Gas
Tuesday, 07 September 2021 08:38
Kongsberg Digital and Shell International Exploration & Production enter into a Strategic Partnership Agreement
The objective of the agreement is to collaborate and accelerate digital solutions and transformation for well delivery and performance. “We are very excited to enter into this new strategic partnership agreement with Shell International and enable the digital transformation of…
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Oil & Gas
Monday, 06 September 2021 09:44
EnerMech strengthens position in Americas with significant multi-sector contracts and new senior BD hire
Global integrated solutions specialist business EnerMech has secured a raft of significant new business in the Americas. The multiple sector awards span the oil and gas, petrochemicals, maritime, construction and manufacturing industries, demonstrating the firm’s versatility to support new and…
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Oil & Gas
Monday, 06 September 2021 08:59
Iraq: TotalEnergies signs major agreements for the sustainable development of the Basra region natural resources
TotalEnergies, the Iraqi Ministries for oil and electricity, and the country's National Investment Commission have signed, in the presence of the Prime Minister of Iraq, major agreements covering several projects in the Basra region, designed to enhance the development of…
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Oil & Gas
Thursday, 02 September 2021 12:00
First Floating LNG project for BASF's Gas Treatment technology
The latest Floating Liquefied Natural Gas (FLNG) project of the Malaysian oil and gas company PETRONAS (PFLNG DUA) has selected BASF’s OASE® purple for its Acid Gas Removal Unit process. This is the first FLNG reference worldwide for BASF’s OASE…
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Oil & Gas
Monday, 23 August 2021 18:34
KROHNE Announces New LNG-Quality Release System for Real-Time LNG Transfer
Avoids costly disputes and eliminates data processing errors KROHNE, a world-leading manufacturer and supplier of solutions in industrial process instrumentation, announces the LNG-Quality Release System (L-QRS), a quality-measurement software system for real-time product release of liquid natural gas (LNG) loading.…
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Oil & Gas
Monday, 23 August 2021 11:00
Q.E.D Announces Upgrades to ORP215M-R Precision Orifice Plate Wellhead
Permanent orifice plate kit retainer for fast, accurate wellhead tuning Q.E.D. Environmental Systems, Inc., a leading manufacturer of innovative environmental products and subsidiary of Graco Inc. (NYSE: GGG), announces upgrades to its industry-leading ORP215M-R precision orifice plate wellhead. The QED…
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Oil & Gas
Monday, 23 August 2021 08:46
Installation, validation, and operation of the world’s first subsea DAS installation offshore Gulf of Mexico
The world's first subsea DAS installation Silixa is pleased to announce the successful installation, validation, and borehole seismic acquisition from a permanently installed fiber optic Distributed Acoustic Sensing (DAS) system, Carina® Subsea 4D, on bp’s Atlantis Phase 3 subsea field…
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Oil & Gas
Saturday, 21 August 2021 09:58
Super Duplex Tubing from Fine Tubes Now Available with Enhanced Strength and Improved Corrosion Resistance for Oil and Gas and Chemical Process Applications
Fine Tubes is pleased to announce that specialist metal tubing product, Super Duplex, is now available. Demonstrated capabilities include high strength and corrosion resistance for demanding applications. The tubing is NORSOK M-650 approved and made to order in specialist non-standard…
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Oil & Gas
Saturday, 21 August 2021 09:37
Welltec becomes a key partner in Project Greensand
Project Greensand is an ambitious and innovative initiative to develop new ways to capture and store CO2. Welltec has a long history of engineering and delivering solutions that target complex challenges in the energy sector and now looks to help…
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Oil & Gas
Saturday, 21 August 2021 00:33
Strohm plans new TCP centre of excellence and office base in Brazil
Leading global composite pipe technology company Strohm has opened a new office in Rio de Janeiro and is establishing a centre of excellence for engineering its Thermoplastic Composite Pipe (TCP) technology as part of its growth strategy in South America. Strohm…
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Oil & Gas
Saturday, 21 August 2021 00:28
Oil price trajectory: Tug of war between supply constraints and weak demand outlook
Locked in a tussle between slackened demand and supply shortages, oil prices have exhibited a sinusoidal trend over the past few days, rendering future price projections hazy for the black gold. The impact of opposing forces has led to rapid…
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Oil & Gas