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Top Offshore-technology.com News

OPEC+ set to complete big oil output cut unwinding in Sept, sources say

OPEC+ · United Arab Emirates

OPEC+ set to complete big oil output cut unwinding in Sept, sources say

50% Center coverage: 10 sources

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab Emirates' move to a larger quota, five sources said.See the Story

Algeria's Sonatrach and Italy's Eni Sign $1.35 Billion Production ...

Europe · Algeria

Algeria's Sonatrach and Italy's Eni Sign $1.35 Billion Production ...

42% Center coverage: 7 sources

Algeria's state-run hydrocarbon company Sonatrach and the Italian energy company Eni on Monday signed a production sharing contract worth $1.35 billion to explore and develop hydrocarbons in southeastern Algeria, according to a statement. The 30-year contract covers the exploration and exploitation of hydrocarbons in the Zemoul El Kbar contract area, in the Berkine Basin, 300 km east of Hassi Messaoud, the Algerian group said in a statement. The…See the Story

BP and Shell Sign Libya Deals as Majors Accelerate Return After Civil War

BP and Shell Sign Libya Deals as Majors Accelerate Return After Civil War

50% Center coverage: 6 sources

Eni, OMV and Repsol among other western companies to resume exploration efforts in the country See the Story

Softer Oil & Gas Prices in Q2: Will XOM's Bottom Line Be Affected?

75% Right coverage: 4 sources

Detailed price information for Exxon Mobil Corp (XOM-N) from The Globe and Mail including charting and trades.Oil and Gas Sector See the Story

Businesses at Greater Risk of Cyberattack Due to Geopolitical Tensions - Offshore Technology

Coverage: 2 sources

Global instability is causing an upsurge in cyberattacks by state actors, terrorists, hacktivists and opportunistic cybercriminals.Politics See the Story

Vår Energi, TechnipFMC partner for subsea developments in North Sea

Vår Energi has collaborated with TechnipFMC for the delivery of subsea projects in the North Sea using an integrated commercial model.Norway · Norway Read Article

Energy and insurance industries must move from ‘payout to partnership’ - Offshore Technology

Energy and insurance industries must work together to meet climate change head on, said the Energy Insurance London.Energy · London Read Article

Ukraine's Naftogaz Brings New High-Yield Gas Well Online as Country Reserves Run Low

100% Left coverage: 1 sources

Ukraine's state energy giant Naftogaz has commissioned a new exploration well producing 383,000 cubic meters of natural gas per day through its subsidiary Ukrgazvydobuvannya, CEO Sergii Koretskyi announced on July 8.The 5.7-kilometer deviated well was drilled and commissioned six weeks ahead of schedule as Ukraine works to boost domestic production amid Russian attacks on its energy infrastructure, including gas storage facilities in western Ukr…Ukraine · Ukraine See the Story

Cuba congratulates Suriname's first female president

HAVANA,Cuba, Jul 8 (ACN) Miguel Diaz-Canel, first secretary of the Central Committee of the Communist Party of Cuba and president of the country, sent a congratulatory message to Jennifer Geerlings-Simons, who made history by becoming the first woman elected President of Suriname.Miguel Díaz-Canel See the Story

McDermott wins offshore installation contract in Brazil

McDermott has secured a contract for offshore transportation and installation in Brazil for the Papa-Terra and Atlanta fields.Brazil · Brazil Read Article

Consumers Energy upgrades 135-mile natural gas pipe in Michigan

Consumers Energy is replacing 135 miles of century-old cast-iron and steel pipelines across 15 Michigan communities.Michigan · Michigan Read Article

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