News

  • Excelerate Energy, Snam, and Albgaz to Pursue New Gas Pipeline

    Excelerate Energy, Snam SpA and Albgaz Sh.a have signed a Memorandum of Understanding (MoU), in Tirana to explore potential cooperation for the construction of a natural gas pipeline from the Albanian Vlora Terminal to other natural gas infrastructure opportunities in Albania.   Under this MoU, Excelerate, Snam,…

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  • Indigenous Group Backs Proposed Canada LNG Project

    Seven Canadian natural gas producers are teaming up with a West Coast Indigenous group to propose a new liquefied natural gas facility for British Columbia’s coastal waters, after years of failed industry efforts to make such projects a reality.   The Nisga’a Nation partnered with…

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  • Sarawak Basin seismic survey set for October

    The consortium of PGS, TGS and Schlumberger’s WesternGeco has secured pre-funding for a 6,400 square kilometre multi-client 3D survey in the Sarawak Basin off the coast of Malaysia.   The survey is the first phase of a multi-year contract awarded by Petronas last year to…

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  • 42% of Q2 Texas Oil and Gas Job Listings Were in Three Cities

    A review of Second Quarter 2021 upstream, midstream, and downstream employment trends reflect growing demand for oil and natural gas, the Texas Independent Producers and Royalty Owners Association (TIPRO) reported on the 20th July.   There were 73,687 total job postings for the Texas oil…

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  • CNOOC brings online another oilfield off China

    Chinese oil and gas giant CNOOC Limited has started production from its Luda 29-1 oilfield, which is located offshore China.   Luda 29-1 oilfield is located in Liaodong Bay of Bohai Sea, with a water depth of about 32 metres.   Announcing the start-up on…

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  • Trio form French floating wind partnership

    Equinor, RES, and Green Giraffe have formed Océole, a partnership dedicated to developing floating offshore wind in France.   Océole will evaluate and work toward submitting bids in the upcoming floating offshore wind tenders held by the French government.   Equinor operates the world’s first…

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  • Shell to appeal court ruling in Netherlands climate case

    Royal Dutch Shell Plc has confirmed that it will appeal a May ruling issued by the District Court in The Hague that Shell must reduce its global net carbon emissions by 45% by 2030 compared with 2019 levels.   Shell plans to accelerate its Powering…

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