With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high pr…
Potential imbalance in oil demand and supply on the cards Read More »
Within the global gas story, many chapters are being written, including a U.S. wave of upcoming liquefied natural gas (LNG) developments, where the export boom continues to fuel new projects, as the European regasification build-out continues.
The post…
Four EU countries and Egypt make up top five US LNG importers Read More »
Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has revealed a $127 billion boost to Queensland’s economy, thanks to the Australian state’s decade of liquefied natural gas (LNG) de…
Australian state’s decade of LNG exports pours $127 billion into economy Read More »
Karoon Energy, Australia’s oil and gas company, has revealed its investment plans for a floating production, storage, and offloading (FPSO) revitalization campaign and a life extension project at a field off the coast of Brazil.
The post Karoon unveils…
Karoon unveils multimillion-dollar investment into FPSO revitalization campaign Read More »
With three out of four phases already done, Van Oord, a Dutch marine contractor, is planning to embark on the last segment of its assignment in the fourth quarter of 2025 at a field off the coast of Newfoundland, Canada.
The post Van Oord’s final part …
Van Oord’s final part of work at Canada’s oil project on the agenda for next quarter Read More »