Filling in the gaps in the offshore map: Seabed 2030
If you have ever used online maps to scroll around the world and see foreign places from a new angle, chances are you will have seen straight lines spanning the...
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Support for Scottish independence is booming – what does that mean for North Sea oil?
There’s a common idea that, across seven years, all the cells in the human body die and are replaced by…
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CNOOC hunts for three missing people after fire on offshore platform
China National Offshore Oil Corporation (CNOOC) has said that it continues to search for three personnel who went missing following a fire outbreak at a…
Fall in petrochemicals demand had the most impact on the Asian petrochemical industry: Poll
Asia’s petrochemicals demand is associated with macro-economic growth and hence is being impacted by the economic uncertainty caused by COVID-19. Verdict has conducted a poll…
Ithaca sanctions EOR Stage 2 project at Captain field offshore UK
Ithaca Energy and Dana Petroleum have sanctioned the second phase of the enhanced oil recovery (EOR) project on the Captain…
Global crude oil prices rise as US dollar weakens
Global crude oil prices have edged up supported by a weakening of the US dollar even as rising output and…
Santos considers stake sale in Dorado field offshore Australia
Energy firm Santos is reportedly planning to divest a stake in the Dorado field and the exploration portfolio in Bedout…
Equinor awards $530.6m electrical support contracts to ABB and Siemens
Equinor has awarded ABB and Siemens Energy contracts to provide electrical equipment services on all its assets located on the…
Expert Commentary & Analysis
View MoreKuwait confirms lowest bidder for Jurassic projects
Kuwaiti contractor Spetco has been confirmed as the lowest bidder for Kuwait Oil Company's (KOC) Jurassic production facilities (JPF) projects known as JPF-4 and JPF-5, according to official data published…
Asia to dominate global caustic soda capacity additions by 2025
Global caustic soda capacity is poised to see considerable growth over the next five years, potentially increasing from 98.54 million tonnes per annum (Mtpa) in 2020 to 105.50Mtpa in 2025,…
Nigeria leads upcoming projects starts across oil and gas value chain in Africa by 2025
GlobalData’s latest report, “Africa Oil and Gas Projects Outlook to 2025 - Development Stage, Capacity, Capex and Contractor Details of All New Build and Expansion Projects” indicates that Africa is…
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Asia to dominate global caustic soda capacity additions by 2025
Global caustic soda capacity is poised to see considerable growth over the next five years, potentially increasing from 98.54 million...
Poll invokes mixed response to European Union’s plan to impose bloc-wide carbon footprint taxes by Summer 2021
The European Union (EU) plans to revise their energy taxation rules by Summer 2021 to achieve net zero emissions by 2050.
Biden administration’s decision to rejoin Paris Climate Agreement can negatively impact the US oil and gas companies, majority say in GlobalData poll
The US was among the 196 signatory countries of the Paris Climate Agreement in 2015. However, in 2017 Donald Trump, the former President of the...
The role of renewables within upstream oil and gas is gaining significant momentum
Upstream oil and gas companies are responsible for significant Greenhouse Gas (GHG) emissions and are some of the largest carbon-emitting companies globally.
Oman’s Duqm development plans take shape
The suspension of the planned Duqm Petrochemicals project in December last year appeared to be a setback for Oman's plan to establish Duqm as a major economic hub in the sultanate. However, Muscat…