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.
Fugro Completes Phase 1 of Site Investigation Contract for Qatargas North Field
Fugro has completed the first phase of its multidisciplinary offshore site investigation for Qatargas’ North Field production sustainability’s compression phase on July 21.
Shipping Industry Grapples With Threat In Strait Of Hormuz
A third of the world’s seaborne oil—almost 17 MMBbl/d—passes through the strait, which narrows to just 21 miles and has long been a strategic chokepoint in the Persian Gulf.
Iran Warns OPEC ‘Might Die’ Due To Russia-Saudi Domination
OPEC+ to extend cuts but Iran’s oil minister laments the growing influence of Russia and Saudi Arabia.
China May Crude Oil Imports Drop From Record In April
Cut in imports from Iran is cited for reduction.
Leading Offshore Into A Changing Future
OTC kicks off today in Houston and its chairman sees another 50 years of success for offshore energy.
Iraq Signs Deal With China’s CNOOC For Seismic Surveys Of Two Oil Blocks
Iraq has signed a contract with China’s CNOOC to conduct a seismic survey for two oil exploration blocks, the oil ministry said on Jan. 31.
Fairfield Geotechnologies Wins Persian Gulf Project
The nearly eight-month project in the Middle East is a significant 4-D opportunity for Fairfield Geotechnologies.
JDR Bags Safaniya Work From McDermott
Owned and operated by Saudi Aramco, Safaniya is the world’s largest offshore oil field located in the Persian Gulf.
Schlumberger CEO Warns Of Tightening Oil Market
The company’s chief executive says more global E&P spending is needed to minimize an impending production deficit.