Oil & gas news

The West African nation has announced that it expects its total oil output to have more than doubled by 2021, bringing production up to 250 000 bpd.

Douglas-Westwood (DW) has forecast that the global spend on subsea hardware for oil and gas exploration and drillingis likely to double to US$ 124 billion during 2013-17.

Chevron Corp. today announced further drilling success by its Australian subsidiary in the Exmouth Plateau area, located in the Carnarvon Basin.

Chart Energy and Chemicals introduced its new range of standard LNG plants at the LNG 17 Conference in Houston, Texas.

Woodside is topay out a special Dividend to all of its investors after it announced that the Browse LNG project would not go forward in its current form as it Is not commercially viable.

Integra Group has signed a contract to provide devevlopment drilling services for Yamal LNG for 5 years from 2013.

Figures from the International Association of Oil & Gas Producers show that 16.1% of all fatalities at oilfields are caused by an electrical accident, explosion or burn. Of all on-site electrical hazards at an oil & gas facility, arc flash is perhaps the most lethal threat.

The Egyptian Natural Gas Holding Co. has, in a bid to increase the country’s fossil fuel production, awarded eight oil and gas exploration licenses in the Mediterranean Sea.

According to a new report by Wood Mackenzie, investing in the Golden Pass terminal on the US Gulf coast represents the best value for money for Qatar Petroleum and avoids devaluing its assets in Qatar.

Black & Veatch agree to pursue barge-based LNG projects with Wison Offshore & Marine Ltd