Oil & gas news
OMV announces new gas discovery in Austria
OMV have announced a new gas discovery in Austria, representing the country’s largest natural gas discovery in 40 years.
Peterson Energy awarded North Sea contract
Peterson Energy Logistics has been awarded a logistics contract from Apache North Sea.
Neptune Energy starts gas production at Adorf Z18 well, Germany
Neptune Energy has announced first production from its operated Adorf Z18 gas well, in the municipality of Georgsdorf, North-Western Germany.
ABB has expanded their series of remote I/O controllers
The company has launched a new input/output series to meet digital demands of oil and gas fields.
Vallourec has won two offshore contracts in Brazil
Vallourec has won two major offshore line pipe contracts for the Buzios field, offshore Brazil.
Shell to sell interest in Indonesian block
Shell has agreed to sell its participating interest in Indonesia’s Masela block.
PETRONAS make multiple discoveries in Malaysia’s Sarawak basin
PETRONAS has made six oil and gas discoveries in five blocks off the coast of Sarawak, Malaysia.
Norwegian gas important for Europe’s energy security
Torgeir Strodal spoke at the Roundtable conference in Molde, Norway, about the importance of Norwegian gas supplies in Europe.
BW Energy starts production at third well in Gabon
BW Energy has started production from its third well in the Hibiscus/Ruche development, offshore Gabon.
Wood Mackenzie: US$500 billion investment in global oil and gas enough to meet peak demand in 2030s
Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual investment levels of US$500 billion, according to a new Horizons report from Wood Mackenzie.