Drilling on track to resume at Iraq oil field
Drilling work is set to start again on 1 July at Iraq’s Halfaya field after a delay of operations due to the Covid-19 pandemic.
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Havfram secures FPSO mooring work contract from Technip Energies
The FPSO is planned to be deployed at the BP’s Greater Tortue Ahmeyim FLNG project...
China led refinery CDU capacity growth during 2015 to 2020
Global CDU capacity increased last year, with China seeing the highest capacity growth from 2015...
The US leads global LNG liquefaction capacity additions by 2025
Global LNG capacity is expected to grow considerably in the next four years, with the...
Quantum computing beginning to make inroads in the oil and gas industry
Many companies such as ExxonMobil, Total, Shell and BP are opting for quantum computing, which...
Asia dominates global regasification capacity additions by 2025
GlobalData’s latest report, 'Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2021–2025 – Asia Dominates Global Regasification Capacity Additions and Capex Spending', indicates that global liquefied natural gas…
Egypt’s new bids in 2021 aim to capitalise on industry interest despite fiscal terms
Egypt offers upstream acreage in the form of production sharing agreements (PSAs) and in some cases through service contracts. Under the PSA framework, several bonuses are payable by the licensee…
Renewable power becoming a promising avenue for oil and gas majors
GlobalData’s latest thematic report, ‘Renewable Power in Oil and Gas’ provides an outlook for renewable power technologies around the world along with the role played by leading oil and gas…
Oil and gas giant Total rebrands to reflect shift to renewables
Total shareholders have voted in favor of rebranding the group as TotalEnergies, highlighting the pressure to shift away from fossil fuels and toward renewable. Total has increased investment in renewables…
Gazprom resumes oil production in Libya
The Russian majority state-owned multinational energy corporation Gazprom has resumed oil production in Libya following a ten-month hiatus. The ports, export terminals and production facilities in Libya have gradually restarted…
T&T is at risk of undersupplying its downstream demand of feedstock natural gas
The oil and gas sector of Trinidad and Tobago (T&T) is dominated by the production of natural gas and exports of liquified natural gas (LNG). Natural gas production in the…
