Saudi Arabia and Iran are giving no ground in their market share war, just days after OPEC announced an informal meeting to discuss ways to stabilize falling prices.
Source: Offshore
Saudi-Iran Oil Rivalry Heats Up As OPEC Seeks To Stabilize Price
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Bumi Armada’s first liquefied natural gas floating storage unit will leave Keppel Shipyard in Singapore shortly for Malta to commence a contract with ElectroGas Malta.
Source: Offshore
Bumi Armada's LNG FSU Leaving Singapore Soon to Work for EletroGas Malta
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The Australian Petroleum Production and Exploration Association (APPEA) says expansion of Western Australia’s gas reservation policy would destroy jobs and investments, undermine state’s finances and reduce gas volume for local use.
Source: Offshore
APPEA Warns Expansion of WA Gas Reservation Policy Would Destroy Jobs
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Australia launches the 2016 Offshore Petroleum Exploration Acreage Release covering 28 areas across 5 basins offshore the Territory of Ashmore and Cartier Islands and Western Australia.
Source: Offshore
Australia Launches 2016 Offshore Petroleum Exploration Acreage Release
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Backers of a planned port project are betting on the Gulf of Mexico’s long-term potential as an oil and gas province.
Source: Offshore
Proposed Project to Expand Gulf of Mexico Port Capacity
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The Norwegian Petroleum Directorate is processing the development plan for the Utgard discovery in the North Sea, after receiving the plan for development and operation Aug. 9.
Source: Offshore
NPD Processing Development Plan for Utgard Discovery
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The net profit of Kazakh oil producer KazMunaiGas Exploration and Production (KMG EP) rises to 17.2 billion tenge ($50 million) from 2.9 billion tenge in the same period of 2015.
Source: Offshore
Kazakh KMG EP H1 Profit Soars On Weak Tenge
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When the Panama Canal’s expanded locks slid open in late June, perhaps no one was happier than executives in the U.S. shale industry.
Source: Offshore
Hello, Shortcut: Expanded Panama Canal Spurs New LNG Trade Route
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An Indian court grants an interim order to freeze payment on bank guarantees posted by Singapore’s financially troubled Swiber Holdings for its projects offshore India.
Source: Offshore
Court Orders Payment Freeze on Swiber's Bank Guarantee for Indian Projects
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Keppel Singmarine will deliver a newbuild anchor handling tug, named Seaways 24, to Seaways International shortly.
Source: Offshore
Keppel Singmarine to Deliver Newbuild Seaways 24 Anchor Handling Tug Soon
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