Post Archive by Day: October 23, 2018

Great Western Oil and Gas Names CFO

Great Western Oil and Gas Names CFO Brady Parish Adds Key Industry Expertise to Lead Great Western Oil and Gas Financial Strategy DENVER – Oct. 23, 2018 — Great Western Oil and Gas has named 20 year oil and gas industry executive Brady Parish as chief financial officer. Prior to joining Great Western Oil and Gas, Parish was senior

Continue reading

Venture Global LNG Announces Regulatory Milestone and Hiring of Project Director for Calcasieu Pass LNG Project

OCTOBER 23, 2018 VENTURE GLOBAL LNG ANNOUNCES REGULATORY MILESTONE AND HIRING OF PROJECT DIRECTOR FOR CALCASIEU PASS LNG PROJECT Arlington, Virginia – Venture Global LNG, Inc. announces that the U.S. Federal Energy Regulatory Commission (FERC) has issued the final Environmental Impact Statement (EIS) for the company’s 10 MTPA Calcasieu Pass facility on the Gulf of Mexico. On August 31, 2018,

Continue reading

Saudi Aramco chairs Gulf Downstream Association conference promoting strategic investment, innovation and technology

MANAMA, Bahrain, October 23, 2018 Saudi Aramco, a founding member of the Gulf Downstream Association (GDA), is chairing the GDA 2018 International Downstream Conference & Exhibition held at the Bahrain International Convention & Exhibition Center from October 23-25 under the patronage of His Royal Highness Prince Khalifa bin Salman Al Khalifa, Prime Minister of Kingdom of Bahrain. The Conference is

Continue reading

Saudi Aramco signs 15 Memoranda of Understanding (MoUs) at the Future Investment Initiative (FII) Forum worth $34 billion

RIYADH, October 23, 2018 At the highly impactful Future Investment Initiative (FII) forum in Riyadh today, Saudi Aramco signed 15 Memoranda of Understanding (MoUs)  and strategic and commercial collaborations valued at more than US$34 billion with 15 international partner companies and entities from eight countries in 3 continents. These collaborations reflect the range and ambition of Saudi Aramco’s business interests,

Continue reading

Saudi Aramco highlights its contributions to the realization of Saudi Vision 2030 at Future Investment Initiative, signs 15 MOUs with business partners worth US$ 34 billion

RIYADH, October 23, 2018 President and CEO Amin Nasser: “Saudi Aramco is proud to be a strategic partner in the Future Investment Initiative. We seek to be an active participant in the design of the economic future and standing of the Kingdom, not only domestically but also internationally.” Saudi Aramco participated as a strategic sponsor in the second annual Future

Continue reading

ADNOC Group CEO Participates in 2nd Annual Future Investment Initiative Conference to Discuss Energy and Investment Outlook

23 October, 2018 Abu Dhabi, UAE – October 23, 2018: His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), participated, today, in the second annual Future Investment Initiative Conference, held in Riyadh, Saudi Arabia, where global leaders, from public and private sectors, convened to help shape the

Continue reading

Safety and security of oil sector employees one of NOC’s highest priorities

23 October 2018 In the presence of Mr Elamari M Elamari, NOC board member and chairman of the committee formed by 2018 board decree number 93 to oversee the reconstruction of NOC’s headquarters, chairman of NOC’s board of directors, Eng. Mustafa Sanalla, met on Sunday, October 21, 2018, at NOC’s headquarters in Tripoli with the director general of the general

Continue reading

Igor Safonov appointed Director General of Gazprom UGS

October 23, 2018 Igor Safonov has been elected Director General of Gazprom UGS. Igor Safonov Enlarged photo (JPG, 355.1 KB) He was born in 1973 in Batumi. He graduated from Bauman Moscow State Technical University, majoring in Turbine Construction. In addition, he completed a professional retraining course for underground gas storage (UGS) specialists at the Gubkin Russian State University of Oil and Gas. Igor Safonov has been employed with Gazprom for 20 years.

Continue reading

Eni presents the second volume of the World Oil, Gas and Renewables Review

23/10/2018 In 2017, world gas reserves decreased slightly (-0.2%). Russia remains the top holder of gas reserves (25% of the world’s total). World gas production increased by 3.6%, the highest y-o-y increase since 2010. World gas demand has been strong in 2017 (+3.3%), growing in all regions except Americas. At the end of 2017, wind and solar installed generation capacity

Continue reading

Australia: Ichthys LNG Project Begins Gas Exports

2018/10/23 Paris – Total announces that the first cargo of liquefied natural gas (LNG) from Ichthys LNG has left Darwin, in the Northern Territory of Australia, following the production start-up at the end of July. Ichthys LNG will develop reserves of more than 3 billion barrels of oil equivalent located offshore Western Australia, including around 500 million barrels of condensate.

Continue reading

TechnipFMC Awarded Subsea Contract for ExxonMobil Liza Phase 2 Project

October 23, 2018 LONDON & PARIS & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a contract by an affiliate of ExxonMobil Corporation (NYSE: XOM) for the engineering of the subsea system for the proposed Liza Phase 2 project. Following engineering and subject to requisite government approvals, project sanction and an authorization to proceed with the next phase, TechnipFMC

Continue reading

INPEX confirms first LNG cargo from Ichthys LNG Project

23 Oct 2018 Perth, Australia – INPEX CORPORATION (INPEX today confirmed the first shipment of liquefied natural gas (LNG) has departed from the INPEX-operated Ichthys LNG Project at its onshore gas liquefaction plant in Darwin, Northern Territory. The first LNG shipment is destined for the INPEX-operated Naoetsu LNG terminal in Niigata Prefecture in Japan. “First cargo from Ichthys LNG is

Continue reading

New partnership will promote carbon capture technology to help meet climate challenge

Høvik/Mongstad, Norway, 23 October 2018 – The world’s largest testing facility for carbon capture, TCM, has signed a collaborative agreement with DNV GL to deliver advisory and verification services for CO2 capture technology. Published: 23 October 2018 Author: Per Wiggo Richardsen Keywords: Oil & Gas, Group Contact: Per Wiggo Richardsen VP Director of Media Relations, DNV GL Group Liv

Continue reading

Aker Solutions Wins Subsea Order for Lingshui Field Development in China

October 23, 2018 Aker Solutions received a notification of award for orders valued at more than NOK 1.7 billion from the China National Offshore Oil Corporation (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field. Lingshui 17-2 is CNOOC’s first subsea deepwater project developed by the company with water depths of up to about

Continue reading

Pemex Designates Four Shipments to Import Light Crude Oil

23/10/2018 Petróleos Mexicanos evaluated several proposals for shipments to supply light crude oil, in accordance to the parameters established by Pemex Transformación Industrial (Pemex Industrial Transformation). As a result, PMI assigned four shipments of 350,000 barrels each for the import of Bakken light crude oil, which will be delivered during the month of November. Currently, the contracts are in the

Continue reading

At the talks in Brussels, the EU showed the great interest in the construction of the TRANS-Caspian gas pipeline

23.10.2018 The implementation of the TRANS-Caspian gas pipeline project was one of the important topics at the talks in Brussels held by the delegation of Turkmenistan with the Deputy Chairman of the European Commission on energy Union Marosh Shefcovich and representatives of the Directorate General for energy of the European Commission. Deputy Prime Minister Myratgeldi Meredov reported on the results

Continue reading

The oil gas chemical industry actively develops in Turkmenistan

23.10.2018 In the course of video selector selector meeting with the participation of a number of vice-Chairman of the Cabinet, President of Gurbanguly Berdimuhamedov noted the importance in addition to the raw export to diversify industrial production with a complete cycle. In this regard, the head of state, calling for direct video Deputy prime minister, Myratgeldi Meredov, asked the situation

Continue reading

Saudi confesses it’s incapability to compensate for Iranian crude oil after US sanctions

2018-10-23 TEHRAN (NIOC) _ Saudi energy minister says his country would not be able to compensate for possible oil disappearance from global markets once the US re-imposes its sanctions against Iran. Speaking in a Monday interview with Russian news agency TASS, Khalid al-Falih said Saudi Arabia will have to use its oil reserves if it wants to cover 3 million

Continue reading

Digital Transformation for E&P Means Closer Look at Data Management

Geoscience industry turns to consultants to bring data up to speed As published on the BOE Report Digital transformation could revolutionize the subsurface data programs for companies whose vast data archives reside on paper or some other form of inaccessible legacy media. The transition from legacy media and “paper to digits” for seismic, well logs, well files, maps, graphics and

Continue reading