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10 December 2019
Enbridge and Enterprise to jointly develop deepwater terminal in GOM
Enbridge and Enterprise Products Partners have signed a letter of intent (LOI) to jointly develop and market a deepwater offshore crude oil export terminal in the Gulf of Mexico (GOM).
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9 December 2019
China to create nationalised oil and gas infrastructure company
China has created a new company called the China Oil and Gas Piping Network Corporation to manage its oil and gas pipelines.
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9 December 2019
Deepocean secures IMR services contract from Equinor
Netherlands-based subsea services provider DeepOcean has secured a contract from Equinor to provide subsea inspection, maintenance and repair (IMR) services in 2020.
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9 December 2019
Fugro completes deepwater AUV survey for Brunei Shell Petroleum
Netherlands-based geo-data specialist Fugro has completed the first deepwater autonomous underwater vehicle (AUV) site survey for oil and gas firm Brunei Shell Petroleum (BSP).
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9 December 2019
Oil prices fall due to weak Chinese export data
Oil prices have slipped as official data showed a decline in Chinese exports for a straight fourth month, adding worries to the market which is concerned about damage being done...
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6 December 2019
Saudi Aramco completes world’s largest IPO
Saudi Aramco has completed the largest initial public offering (IPO) in history by raising $25.6bn for a 1.5% stake in the company.
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6 December 2019
TGS’ seismic data to support OGCI’s carbon capture storage initiative
TGS has sold one of its seismic datasets to Oil and Gas Climate Initiative (OGCI) Climate Investments’ Net Zero Teesside carbon capture, utilisation and storage (CCUS) initiative.
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6 December 2019
Eni transfers stake in East Sepinggan area offshore Indonesia
Eni has completed the transfer of a 20% stake in the East Sepinggan area, offshore East Kalimantan, Indonesia, to Neptune Energy.
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6 December 2019
Oil prices fall as market awaits official declaration on OPEC cuts
Oil prices have edged down as investors are awaiting ratification of supply cut agreement from OPEC, which agreed to increase cuts in early 2020 but could not promise next steps...
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5 December 2019
API updates safety and environmental standard for offshore industry
The US oil and gas industry trade association American Petroleum Institute (API) has published an updated version of a standard for offshore industry.