E&P Highlights: June 30, 2023
Here’s a roundup of the latest E&P headlines including an update on Perenco’s project offshore Cameroon and a host of new contract awards in the upstream oil and gas industry.
E&P Highlights: June 12, 2023
Here’s a roundup of the latest E&P headlines including the approval of a North Sea project and new contract awards in the upstream oil and gas industry.
E&P Highlights: May 29, 2023
Here’s a roundup of the latest E&P headlines, including a find that could expand the Yggdrasil development in the North Sea and contract awards in the upstream oil and gas industry.
Iran Seizes Chevron Oil Tanker Headed for Houston, U.S. Navy Says
The Advantage Sweet, a Suezmax crude tanker chartered by Chevron, was seized by Iran on April 27, according to the U.S. Navy.
Commentary: 2023 Global Conventional Brownfield Investment to Near $200 Billion
South America and North Africa to see brownfield investment growth.
Investors Brace for U.S. Fed Reserve Comments
The U.S. Fed will release the minutes of its latest meeting on Feb. 22, which will give traders a glimpse of how high officials are projecting interest rates will go after recent data showed stronger-than-expected U.S. employment and consumer prices.
E&P Highlights: Jan. 23, 2023
Here’s a roundup of the latest E&P headlines including first gas from an Oman field and new contract awards from the past week in the upstream oil and gas industry.
UAE’s ADNOC Drilling Secures $980 Million Contract to Hire Offshore Rigs
ADNOC’s offshore operations are supporting the company’s goal to increase production capacity to five million bbl/d by 2030 and enable gas self-sufficiency for the United Arab Emirates (UAE), ADNOC said.
Oil Prices Ease, Focus Shifts to Next OPEC+ Move
Brent crude futures snapped a three-day rally on Dec. 24 in light trading before the Christmas holidays, but the benchmark ended the week higher, with the market focusing on next steps by OPEC+ and the impact of the Omicron variant.
Baker Hughes Grabs LNG Turbomachinery Order from Qatar Petroleum
Baker Hughes announced an order with longtime partner Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s North Field East (NFE) project, executed by Qatargas, on Sept. 29.