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  • ‘More to go’ on contractor M&A

    SNC Lavalin executive sees scope for further consolidation in the contractor market, but Canadian player itself unlikely to buy again soon

    Online  upstreamonline.com 1 hours old Eoin O'Cinneide

    India gas demand to grow

    Cost an issue to boosting utilisation

    Online  upstreamonline.com 1 hours old Amanda Battersby

    'Niche' role seen for Canadian LNG

    British Columbia official optimistic for LNG exports from west coast

    Online  upstreamonline.com 2 hours old Caroline Evans

    Equinor lands Intrepid Eagle drilling permit

    Norwegian player to test the offshore prospect in the Barents Sea

    Online  upstreamonline.com 3 hours old Anamaria Deduleasa

    Shell to scrap 3:3 shifts in North Sea

    Operator to ditch controversial rota system in favour of move to two-weeks-on-three-off from second quarter

    Online  upstreamonline.com 4 hours old Rob Watts

    Eland boost Opuama production guidance on more drilling

    West Africa-focused group continues work on Nigerian licence, where additional wells are planned

    Online  upstreamonline.com 5 hours old Anamaria Deduleasa

    UOG confirms ‘significant commercial discovery’ in Italy

    London-listed junior moves ahead with drilling plans off the UK, as well as potential farm-in activity at its North Sea assets

    Online  upstreamonline.com 6 hours old Anamaria Deduleasa

    DeepOcean opens new Blyth facility

    Offshore base to serve cable lay and trenching markets for oil and gas and renewables

    Online  upstreamonline.com 7 hours old Rob Watts

    Petrobras plucks out Aker Solutions

    Norwegian contractor to provide offshore support services on three-year contract

    Online  upstreamonline.com 7 hours old Russell Searancke

    New PSC signed in Mongolia

    Exploration activities to start on onshore coalbed methane gas permit

    Online  upstreamonline.com 8 hours old Russell Searancke

    LNG drive by KBR and ConocoPhillips

    US supermajor's Optimized Cascade technology to underpin new LNG train design

    Online  upstreamonline.com 11 hours old Russell Searancke

    Argentina round planned for October launch

    Offshore round set to formally launch next month, minister says in Houston event

    Online  upstreamonline.com 15 hours old Kathrine Schmidt

    Oil flat on US-China trade dispute

    Global crude demand expected to take a hit due to deepening trade tensions

    Online  upstreamonline.com 16 hours old Reuters

    Challenges facing evolving LNG industry

    Different markets on collision path

    Online  upstreamonline.com 18 hours old Amanda Battersby

    Souki: Feedstock could constrain LNG projects

    Tellurian's Driftwood LNG would require 1.5 billion cubic feet per day of natual gas supply

    Online  upstreamonline.com 22 hours old Caroline Evans in Barcelona

    China ‘set for shale gas revolution’

    Expected hike in gas demand is driving country to develop own resources, but LNG and pipeline imports to continue

    Online  upstreamonline.com 24 hours old Eoin O'Cinneide

    Kosmos completes DGE acquistion

    Deal valued at $1.225 billion adds new exploration province for global explorer

    Online  upstreamonline.com 24 hours old Kathrine Schmidt

    Keppel inks GTT LNG partnership

    Duo to jointly market liquefied natural gas solutions, leveraging shipyard expertise and membrane containment systems

    Online  upstreamonline.com 17 Sep 13:43 GMT Anamaria Deduleasa

    New technologies boost AG&P

    Philippines contractor AG&P adds novel vaporisation technologies to its arsenal of liquefied natural gas regasification technologies

    Online  upstreamonline.com 17 Sep 12:39 GMT Amanda Battersby in Barcelona

    Warburg splashes $500m on Tall City

    Private equity firm provides equity line to Permian basin pure-play

    Online  upstreamonline.com 17 Sep 11:35 GMT Caroline Evans

    CGG kicks off UK West Shetland survey

    French seismic giant to acquire 3600 square kilometres of data over the basin

    Online  upstreamonline.com 17 Sep 10:36 GMT Anamaria Deduleasa

    Repsol makes gas a ‘big pillar’ of strategy

    Chairman of Spanish major says natural gas best placed energy source to meet key objectives demanded by society

    Online  upstreamonline.com 17 Sep 10:31 GMT Eoin O'Cinneide and Amanda Battersby

    Jotun B in breaches of the regulations: PSA

    Norway’s safety regulator says operator Point Resources has until October to explain how the nonconformities will be dealt with

    Online  upstreamonline.com 17 Sep 10:22 GMT Anamaria Deduleasa

    Cheniere signs LNG sales pact with Vitol

    US LNG player enters 15-year contract with commodities trader

    Online  upstreamonline.com 17 Sep 09:37 GMT Caroline Evans

    Shell sets out methane emissions target

    Supermajor looking to limit emissions intensity across assets as part of wider drive to low carbon footprint

    Online  upstreamonline.com 17 Sep 09:05 GMT Eoin O'Cinneide

    Petrel ‘resolves issues’ over Ghana block

    London-listed junior says all legal proceedings have now been withdrawn over the Tano 2A Block

    Online  upstreamonline.com 17 Sep 08:38 GMT Anamaria Deduleasa

    Gas production kicks off at Bainet in Romania

    Project partners Prospex Oil & Gas and Raffles Energy say potential drilling targets on the licence currently being evaluated

    Online  upstreamonline.com 17 Sep 07:52 GMT Anamaria Deduleasa

    Corallian to drill Wick, off the UK, this year

    Project partner says operator completed rig site survey over the proposed location of the Wick exploration well

    Online  upstreamonline.com 17 Sep 07:33 GMT Anamaria Deduleasa

    Serinus hits more gas in Romania

    Canadian player sees ‘positive results’ from the latest well drilled onshore, Moftinu - 1003

    Online  upstreamonline.com 17 Sep 07:14 GMT Anamaria Deduleasa

    First oil at Tortue

    Oil starts flowing to the BW Adolo FPSO at offshore Gabon development

    Online  upstreamonline.com 17 Sep 05:49 GMT Josh Lewis

    Work continuing to finalise maritime treaty

    Boundary between Australia and Timor-Leste yet to enter into force

    Online  upstreamonline.com 17 Sep 05:22 GMT Josh Lewis

    Zennor buys Britannia stake

    UK-based player takes Mitsui E&P’s interest in host for Finlaggan project

    Online  upstreamonline.com 17 Sep 03:23 GMT Rob Watts

    Indonesian drill prize for JDC

    Japanese drilling contractor wins much-needed one-year contract

    Online  upstreamonline.com 17 Sep 00:43 GMT Russell Searancke

    Huisman wins CMHI work

    Dutch contractor to engineer and fabricate drilling system for Chinese yard

    Online  upstreamonline.com 16 Sep 23:58 GMT Josh Lewis

    Regulators issue draft EIS for Driftwood LNG

    Proposed LNG plant in Louisiana sees draft environmental impact statement issued by US regulators

    Online  upstreamonline.com 14 Sep 19:59 GMT Kathrine Schmidt

    GulfSlope spuds Tau prospect

    US independent kicks off drilling at shallow-water probe targeting subsalt geology

    Online  upstreamonline.com 14 Sep 19:10 GMT Kathrine Schmidt

    US rig count up by seven

    Permian basin sheds another unit as discussion continues of headwinds in the area

    Online  upstreamonline.com 14 Sep 18:39 GMT Kathrine Schmidt

    Maduro vows energy 'co-operation' with China

    But no mention of new funds for Venezuela's struggling government: report

    Online  upstreamonline.com 14 Sep 15:46 GMT Reuters

    Samsung Heavy in talks to resolve Nigeria dispute

    Company hopes for 'amicable' resolution after free trade zone files court action

    Online  upstreamonline.com 14 Sep 15:30 GMT Reuters

    First Sullom Voe STS transfer in three years

    Heather Knutsen and Speedway tankers involved in rare operation off Shetland, EnQuest says

    Online  upstreamonline.com 14 Sep 11:15 GMT Rob Watts

    Andorra charges 23 over PDVSA ‘graft’

    Former Venezuelan energy ministers and cousin of oil giant’s ex-boss facing charges over part in $2.3 billion kickback scheme

    Online  upstreamonline.com 14 Sep 09:15 GMT Eoin O'Cinneide and News Reports

    Oil prices claw back on supply concerns

    Oil on Friday clawed back some of its losses from the previous session, when prices fell the most in a month, with concerns about supply countering worries that emerging market crises and trade disputes could dent demand. Brent crude was up 3 cents at $78.21 a barrel by 6:34am GMT, after falling 2% on Thursday. The global benchmark rose on Wednesday to its highest since 22 May, at $80.13. US Wes

    Online  upstreamonline.com 14 Sep 08:10 GMT Reuters

    Strike on Total UK platforms called off

    Members of Unite union to be balloted on French giant’s new offer in long-running dispute over pay and rotas

    Online  upstreamonline.com 14 Sep 07:21 GMT Eoin O'Cinneide

    IOG shifts Harvey appraisal spud date

    UK player closes financing for gas well in North Sea and nears rig contract as it sets sights on drilling

    Online  upstreamonline.com 14 Sep 07:08 GMT Eoin O'Cinneide

    WA relief over shelved pipeline plan

    Minister says plan to pipe gas from west coast to the east made little economic sense

    Online  upstreamonline.com 14 Sep 06:12 GMT Josh Lewis

    Cairn India hits KG jackpot

    Oil and gas discovery made with first of two wells in offshore KG basin

    Online  upstreamonline.com 14 Sep 04:54 GMT Russell Searancke

    Murphy's drilling appetite returns

    US operator looks ahead to drilling in Australia's Vulcan sub-basin and potentially Ceduna sub-basin

    Online  upstreamonline.com 14 Sep 00:22 GMT Josh Lewis

    Crude slips on market worry

    Reports of global economic risks and impacts of trade disputes weigh on prices

    Online  upstreamonline.com 13 Sep 23:17 GMT Reuters

    Elba LNG construction halts ahead of storm

    US midstream giant braces for Category 2 Hurricane Florence at Georgia LNG facility

    Online  upstreamonline.com 13 Sep 22:35 GMT Caroline Evans

    Dorado discovery in the frame for development

    Partner Carnarvon Petroleum says final investment decision could be taken by 2020, but much hinges on Santos' planned takeover of Quadrant Energy

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Josh Lewis

    Iraq deal for SNC Lavalin

    Russia's Lukoil is pressing forward with planned expansion work at Iraq’s West Qurna 2 oilfield by awarding a key engineering and project support services to Canada’s SNC-Lavalin, writes Nassir Shirkhani. The framework agreement will see SNC-Lavalin providing engineering, design activities and project support services as part of the development. The workscope includes wellpads, flowlines, trunkl

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Nassir Shirkhani

    Petrobras runs rule over five Mero riser hopefuls

    Contractors chasing SURF award on large FPSO destined for pre-salt field, with line-up appearing to back new qualification process

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Gareth Chetwynd and Fabio Palmigiani

    UK offshore unions raise safety reporting fears

    Employee representative says lower number of on-site concerns being filed suggests reluctance by workers to step forward

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Rob Watts

    UK operators reply over gas leaks

    All UK North Sea operators that were challenged by the Health & Safety Executive (HSE) to do more to stop dangerous gas leaks have now responded to the offshore safety regulator, writes Rob Watts. HSE Energy Division director Chris Flint wrote to companies in early May telling them a new approach to tackling hydrocarbon releases was needed after a number of recent gas leaks he said had come “peri

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Global Mediator

    Petronas drive at Limbayong

    State-owned player set to embark on FPSO hunt for project off Sabah

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Amanda Battersby and Nishant Ugal

    UK continental shelf 'at the crossroads'

    The UK continental shelf is at a “crossroads” despite rising production, as drilling activity slumps and supply chain pressures due to the prolonged industry downturn threatens long-term prospects in the mature basin, writes Eoin O'Cinneide. Lobby group Oil & Gas UK (OGUK) said in its latest annual Economic Report this week that, despite the improvements the industry and government have made in r

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Eoin O'Cinneide

    Bids due for Brazil platforms

    Maintenance contract for Mexilhao and Merluza

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Fabio Palmigiani

    Heavy-lift giant to deliver Ninian North topsides 'within two years'

    The world’s largest heavy-lift vessel, Allseas’ Pioneering Spirit, is set to deliver the topsides of CNR International’s Ninian North platform for decommissioning at the Dales Voe facility in Shetland in under two years, following the award of a new contract to Veolia-Peterson, writes Rob Watts. The Veolia-Peterson venture won the deal with the offshore heavy-lift and pipelay contractor, which wa

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Global Mediator

    Petrobras in drive to improve riser inspection

    Brazil’s Petrobras has launched a tender to contract specialised technical services for subsea intervention featuring shallow-water diving activities, writes Fabio Palmigiani. The deadline for offers is 1 October, with Petrobras offering a three-year contract, renewable for an additional two years, with operations starting in May 2019. The winning bidder will carry out external inspections and w

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Fabio Palmigiani

    Lundin ending Alta test

    Swedish player Lundin Petroleum is nearing the end of an extended well test of its Alta discovery in the Barents Sea, aiming to firm up resources ahead of a possible development. The 60-day production test via the semi-submersible rig Leiv Eiriksson started in mid-July, but has been delayed due to technical issues and bad weather that forced a three-week halt. Now the operation is back on track

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Beate Schjølberg

    Well plan in Utsira High

    Norwegian operator Equinor and partners Lundin Petroleum and Spirit Energy are set to appraise their Lille Prinsen oil discovery in the prolific Utsira High area of the North Sea next year. “We feel comfortable, both Lundin and Equinor, that Lille Prinsen is commercial,” Lundin chief executive Alex Schneiter said at the Pareto Oil & Offshore conference in Oslo. Lille Prinsen is one of the most p

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Global Mediator

    Kingtime in patent legal fight

    Malaysia’s Kingtime International is embroiled in legal action against UK-based contractor Petrofac, claiming that the latter used its patented technology on the Sepat mobile offshore production unit (Mopu) that is working for national upstream company Petronas Carigali, writes Amanda Battersby. The Kuala Lumpur High Court has ruled that Kingtime’s two relevant patents are valid and that the defe

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Amanda Battersby

    Zentech win

    Brazil’s Petrobras has awarded US-based Zentech a three-year contract to provide engineering support to its fleet of production units. Zentech is also expected to provide virtual reality models for Petrobras’ semi-submersible and floating production, storage and offloading vessels that can be accessed by the oil giant from anywhere.

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Fabio Palmigiani

    Ecuador bids

    Ecuador has called for bids for new onshore acreage after the Opec member nation this week unveiled its Intracampos licensing round. The Ministry of Energy & Non-renewable Resources has put eight blocks on offer, with seven prospective for sandstone reservoirs and one for a carbonate play. The blocks on offer are Araza Este, Changue, Iguana, Perico, Espejo, Panayacu Norte, Charapa and Sahino. A

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Eoin O'Cinneide

    Algeria pipeline

    Algeria is planning to invest $280 million to build a pipeline to increase gas exports to Europe. The 197-kilometre pipeline will connect to two others that link to Spain — the Pedro Duran Farell pipeline, which runs via Morocco, and the Medgaz pipeline, which crosses the Mediterranean, said state oil and gas company Sonatrach. The pipeline is expected to be operational in 2020 and with a capacit

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Nassir Shirkhani

    Total re-spud

    Total appears set to re-spud its Brulpadda wildcat off South Africa by the end of 2018 after chartering a pair of SolstadFarstad-owned offshore support vessels. Drilling operations in Block 11B/12B will be supported by anchor handler Normand Ranger and platform supply vessel Far Starling.SolstadFarstad said its contracts are for one firm well — lasting about 90 days — and a one-well option, wit

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Iain Esau

    Trio battle for Neptun Deep job in Black Sea

    Saipem, Sapura Energy and TechnipFMC competing in race to land pipeline and platform work for project off Romania

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Iain Esau

    Huge potential in Orphan and Jeanne d’Arc basins

    Independent assessment and new seimic data point to major oil and gas reservoirs off Newfoundland & Labrador

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Iain Esau

    Brazil race shapes up for run-off vote

    Populist Jair Bolsonaro still front-runner for presidency after knife attack, but PT's Fernando Haddad could take challenge all the way

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Gareth Chetwynd

    Siccar Point sets sights on FPSO for Cambo

    Operator and partner Shell closing in on FEED for floater-based development of UK Atlantic Margin field

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Rob Watts

    Gas export options in spotlight for Cambo

    Examining gas export options for the Cambo field and other nearby accumulations that might get developed in the years ahead has been a high priority in Siccar Point Energy’s planning for the West of Shetland project, writes Rob Watts. Chief executive Jonathan Roger emphasised that Siccar Point, backed by private equity funds Blue Water Energy and Blackstone Energy Partners, expects gas to play a

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Rob Watts

    Permian players pitch in with record bids

    New Mexico lease offering draws in highest amount of revenues for any sale of its kind

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Kathrine Schmidt

    Okea has thirst for IPO cash

    Okea aims to launch an initial public offering for a listing on the Oslo Stock Exchange within the next year as it seeks increased equity funding for further possible asset acquisitions, writes Steve Marshall. The Norwegian independent intends to raise around Nkr110 million ($13 million) in a proposed private placement of new shares for “continued expansion of Okea’s business through strategic

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Global Mediator

    Cairn set to hear final call in India stand-off

    Arbitration court decision to settle asset and taxes row between company and government expected

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Eoin O'Cinneide

    Pioneer clinches sand deal with US Silica

    Pioneer Natural Resources has signed a deal with US Silica to take a stake in its sand mine in Lamesa, Texas, locking up supplies of the shale play commodity for a 15-year period. The US independent said it expects to start taking in sand volumes in the first quarter of 2019 with a supply of about 1.4 million tonnes per annum. That level is expected to rise to 2 million tpa in 2020 and beyond. F

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Global Mediator

    Velvet smoothes out Iron Bridge takeover

    Montney-focused Iron Bridge Resources has agreed a takeover by fellow Canadian player Velvet Energy after the rival agreed to sweeten its offer to shareholders, writes Caroline Evans. Velvet raised its offer for outstanding shares of Iron Bridge from the original 75 Canadian cents to 84.5 Canadian cents each, for total cash consideration of C$142 million (US$108 million). Iron Bridge threw its s

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Global Mediator

    SandRidge Energy rejects more than two dozen offers from suitors

    US independent SandRidge Energy has thrown out more than two dozen offers to purchase the company or a portion of its properties and will move forward with developing its assets, writes Caroline Evans. The company, which has assets in the north-west Stack and Mississippi Lime of Oklahoma and the North Park basin of Colorado, said all of the bids undervalued the company and its properties. “When

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Caroline Evans

    DGO looks to cast Appalachian net again

    Diversified Gas & Oil (DGO) is considering further asset acquisitions in the core Appalachian shale basin in the US after the UK-listed player posted a steady profit on increased revenues. “The window for further mergers and acquisition opportunities in the Appalachian basin remains open, and the company continues to review value accretive acquisitions in line with its proven growth strategy,” th

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Eoin O'Cinneide

    Industry looks to LNG to fuel future success

    Market buoyed by role of natural gas as 'greener' alternative as companies target new strategies

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Russell McCulley

    PNG LNG back on track

    Three projects aim to commit to FEED this year as country rebuilds after February earthquake and government eyes fiscal reforms

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Russell Searancke

    Bid to commercialise Western Province finds

    Several small liquefied natural gas initiatives are under way to commercialise stranded onshore gas discoveries in Papua New Guinea's Western Province, writes Russell Searancke. Horizon Oil is the promoter of the Western LNG scheme based on discoveries including Stanley, Elevala-Ketu, Ubuntu, Puk Puk and Douglas. The aim is to process gas through a floating LNG facility moored at Daru Island wit

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Russell Searancke

    Explorers eyeing up Norway acreage

    Norwegian oil and gas explorers are maintaining a strong appetite for new acreage, judging by interest in the country’s annual licensing round of mature and previously licensed blocks, writes Beate Schjolberg. A total of 38 companies had submitted applications in Norway's Awards in Predefined Areas (APA) round as the deadline expired last week, just one fewer than last year’s round, which resulte

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Beate Schjølberg

    Scots back site for first ultra-deepwater port

    Scottish government backs Dales Voe on Shetland - now work starts on how to raise up to $52 million to build it

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Rob Watts

    Norway players consider team exploration effort

    Operators looking at potential to fund series of stratigraphic wells to collect data that can help identify larger targets

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Ole Ketil Helgesen

    Driving ahead at Port Arthur

    Sempra Energy eyes low-cost solutions as it pursues long-term offtake agreements for proposed facility in Texas

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Caroline Evans

    LNG Canada moving toward FID after delay

    Shell-led consortium on track to take final investment decision soon for project in British Columbia

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Caroline Evans

    Abadi back on track after blow to FLNG plan

    Inpex of Japan is progressing with the Abadi liquefied natural gas project in Indonesia as a 9.5 million tonnes per annum onshore scheme after the republic’s President Joko Widodo rejected the hoped-for floating LNG concept supported by project partner Shell, writes Amanda Battersby. An official with Indonesia’s Ministry of Energy & Mineral Resources said in August that Inpex is nearing completio

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Amanda Battersby

    Petronas targets second FLNG unit

    Petronas is forging ahead with construction of its second floating liquefied natural gas unit, which is expected to be completed by 2020, three years after the Malaysian state company's operational start-up of the first such landmark project, writes Amanda Battersby. The 1.5 million tonnes per annum PFLNG-2, which is destined for Murphy Oil’s Rotan field in deep-water Block H off Sabah, East Mala

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Amanda Battersby

    LNG sector keeps its foothold across region

    Malaysia, Indonesia, Singapore, Philippines, Thailand, Papua New Guinea and Myanmar all have continuing role to play

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Amanda Battersby

    Supply questions delay sanction for third train at Sakhalin 2 operation

    Gazprom and Shell are expected to delay sanctioning a third train at the Sakhalin 2 liquefied natural gas plant in Russia's far east until next year, as the issue of securing additional gas supplies remains unresolved, writes Vladimir Afanasiev. Together with Japan’s Mitsui and Mitsubishi, also shareholders in Sakhalin 2, the Russian gas giant and the Anglo-Dutch supermajor initially hoped to agr

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Vladimir Afanasiev

    Russian authorities back Novatek plans

    Russian authorities have confirmed that they are prepared to continue with an unprecedented level of support for Novatek's liquefied natural gas projects, writes Vladimir Afanasiev. This follows massive state investments in transportation infrastructure at the company's Yamal LNG development in West Siberia and the personal backing of the project by Russian President Vladimir Putin. At the end o

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Vladimir Afanasiev

    Novatek steps up pace with Arctic LNG 2

    Russian project aiming for start-up in 2023 as independent eyes end of global supply glut

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Vladimir Afanasiev

    LNG faces hurdles in US-China trade war

    Proposed tariff could lead to delays in projects getting off the ground, but some companies believe issue will be resolved

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Caroline Evans

    Woodfibre EPC contract on horizon in coming months

    While much of the liquefied natural gas market's attention has been trained on LNG Canada, it is not the only western Canadian natural gas export project, writes Caroline Evans. The smaller Woodfibre LNG facility near Squamish, British Columbia has also been quietly moving ahead. The project's developers released the funds for the 2.1 million tonnes per annum facility in 2016, but only expect to

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Caroline Evans

    BC takes measured approach

    The British Columbia government that took power last year appears to have softened its tough stance on liquefied natural gas projects in the Canadian province, angering environmentalists but encouraging proponents of the LNG Canada project, writes Caroline Evans. Earlier this year, the provincial government said it would provide a provincial sales tax exemption on the construction costs of any LN

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Caroline Evans

    US LNG contract terms a challenge

    Buyers of US liquefied natural gas are calling for shorter offtake contract terms to defend against volatile prices, presenting project developers with a singular conundrum, writes Caroline Evans. The problem is that new LNG projects must be brought online to stabilise the market, but in order to build a new project, long-term contracts must be secured to finance it. "Until we find a new way to

    Focus Editions  upstreamonline.com 13 Sep 22:00 GMT Caroline Evans

    Dayrates set to soar, say top two floater players

    Companies 'will ramp up investment decisions and more vessels will be retired'

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Beate Schjolberg

    OMV in Sapura E&P deal

    Austria's OMV has signed an agreement to acquire a 50% interest in the exploration and production subsidiary of Malaysian energy company Sapura Energy, writes Russell Searancke. Sapura Upstream (formerly known as Sapura Exploration & Production) has total net reserves and resources of about 243 million barrels of oil equivalent. Its production operations are in Malaysia, and has a number of fiel

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Global Mediator

    Crude soars to $80 per barrel

    Tightened global supplies and persistent concerns over US sanctions on Iran extend recent price rally

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Nassir Shirkhani

    NOC vital to Libya's future

    Libya's National Oil Corporation (NOC) has played a key role in keeping the country afloat through years of anarchy, thanks to its crucial contribution to the economy. It is no surprise that the respected institution should earn the wrath of jihadists bent on destroying the state’s money-making machine. But the terror attack on Monday that left two NOC staff dead and damaged its landmark headqua

    Weekly  upstreamonline.com 13 Sep 22:00 GMT Nassir Shirkhani