Iranian Oil Ministry to create 42 research collaborations
The Iranian Oil Ministry has announced plans to establish 42 major oil projects, partnering with the country’s research institutions and universities.
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Q&A: the outlook for oil and gas in Africa with the African Energy Chamber
Decarbonisation and the shale gas revolution were already creating challenges for the African offshore oil and gas industry. Then the…
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Jersey Oil & Gas plans to develop GBA project in UK North Sea in phases
Jersey Oil & Gas (JOG) has said that there is potential for the phased development of the Greater Buchan Area (GBA) project in the UK…
Carnarvon hires Noble Tom Prosser rig to drill offshore exploration wells
Carnarvon Petroleum and its partner Australia’s Santos have contracted the Noble Tom Prosser jackup rig to drill exploration wells, Pavo-1 and Apus-1, located near the…
Crude oil prices edge up on hopes OPEC+ maintains supply cuts
Global crude oil prices have increased over hopes that OPEC+ producers might decide against increasing the oil output at a…
Iranian Oil Ministry to create 42 research collaborations
According to Deputy Oil Minister for engineering, research and technology affairs Saeed Mohammadi, who made the announcement, the projects are…
Baker Hughes and Akastor to create offshore drilling solutions company
Baker Hughes has signed an agreement with Norway’s Akastor to create a joint venture company to provide full-service offshore drilling…
Oceaneering units win rig services contract for Gulf of Mexico projects
The subsidiaries of Oceaneering International have secured an integrated rig services contract covering the Khaleesi/Mormont and Samurai fields in the…
Expert Commentary & Analysis
View MoreShort-term prospects for major themes in the oil and gas industry
GlobalData’s latest multi-theme report, ‘Top 20 Oil & Gas Themes 2021’ provides an assessment of how the leading macroeconomic, industry and technology themes will impact the oil and gas industry…
Adnoc receives Hail and Ghasha commercial bids
US energy company won full exploration rights in Abu Dhabi’s Onshore Block 3 in 2019, as well as for Onshore Block 5 in December, which lie adjacent to each other.…
Oxy announces Abu Dhabi hydrocarbons find
The Shaybah NGL plant was commissioned in 2016. The facility is part of the Shaybah onshore oil field development situated in the kingdom’s Rub al-Khali desert. The plant processes 2.4…
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Elsevier partners with MapStand to provide energy infrastructure data to geoscientists
Information analytics company Elsevier has announced the integration of MapStand data layers and news into Geofacets, its information solution for...
Hydrogen, AI, and remote operations: lessons from Baker Hughes’ AM
The Baker Hughes Annual Meeting brought together industry leaders to look at innovations of the past year and their future potential.
Akselos and Shell sign framework agreement on digital twin technology
Swiss company Akselos and oil major Shell have signed a three-year enterprise framework agreement for the use of Akselos’ structural digital twin technology.
Cyberhawk reports 51% increase in turnover in 2020
Scottish power and offshore drone and data visualisation firm Cyberhawk increased its turnover by more than 50% in 2020, despite the challenging market conditions brought...
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Miko Marine
Magnetic Patches, Powerful Magnets, Sea Chest Blanks, Tools and Innovations for The Offshore Industry
Annual global oil and gas industry contracts review – contracts activity remains subdued due to crude oil price volatility, CapEx reduction and Covid-19
Oil and gas contract activity remained subdued in 2020, with the industry recording a decrease in the number of contracts and disclosed contract value from 6,971 contracts with $151.06bn in…