Oil and gas industry news

Rio Grande LNG project : NextDecade has been issued an order from the US Federal Energy Regulatory Commission (FERC) which authorizes the siting, construction and operation of the Rio Grande liquefied natural gas export facility (Rio Grande LNG export project) in Brownsville, Texas and the associated Rio Bravo Pipeline. The Rio Grande LNG facility is […]

US LNG company Cheniere Energy has bagged approval to site, construct, and operate the Corpus Christi Stage 3 expansion project in Texas from the US Federal Energy Regulatory Commission (FERC). A total of up to seven midscale liquefaction trains will be developed under the Corpus Christi LNG project stage 3, which put together are expected […]

Singapore-based Jadestone Energy has agreed to acquire an operated stake of 69% in the Maari Project in the offshore Taranaki basin, New Zealand, from OMV New Zealand, for $50 million. The Maari Project is a mid-life producing asset within permit PMP 38160, which is contained in 100 metres water depth, nearly 80 kilometres southwest of North […]

Maersk Drilling has signed a contract worth around $39 million with Royal Dutch Shell’s subsidiary BG International for its semi-submersible rig Mærsk Developer to be deployed for a two-well development project offshore Trinidad and Tobago. The Danish drilling rig operator said that the estimated duration of the contract is 171 days, with work likely to begin […]

Dominion Energy said that its Cove Point LNG Terminal achieved a milestone by loading its 100th commercial liquefied natural gas (LNG) ship, 19 months after entering into commercial operations for natural gas liquefaction and export. The Cove Point LNG Terminal, which has been built on the Chesapeake Bay in Lusby, Maryland, went on to become […]

The US Department of the Interior said that the Bureau of Ocean Energy Management (BOEM) has proposed to offer nearly 78 million acres for a region-wide lease sale through the Lease Sale 254 program, scheduled for March 2020. Lease Sale 254 will include all available unleased areas in the US territorial waters of the Gulf […]

Norwegian engineering company Aker Solutions has been selected for a contract worth NOK 1.2 billion ($131.37m) from oil and gas giant Equinor for being the main supplier for inspection services for 15 plus operating facilities in Norway. The two parties are expected to sign a frame agreement shortly, which will cover an initial period of […]

Idemitsu Lube Techno Indonesia, a subsidiary of Idemitsu Kosan has opened a new lubricant manufacturing plant – The Cikarang plant in Bekasi, Indonesia. The new lubricant manufacturing plant, which has an annual production capacity of 50,000 KL, is expected to augment the supply for the growing demand for high-performance lubricants in Indonesia. Mostly engine oil […]

Ironwood Midstream Energy Partners has created Ironwood Midstream Energy Partners II (Ironwood II), a new Texas-based midstream company, supported by an initial capital commitment of $400 million from EnCap Flatrock Midstream and management. Ironwood II will focus on developing midstream infrastructure for oil and gas producers engaged in shale plays across North America. The new […]

Aker BP and its partners will move ahead with the second phase of the NOK 8 billion ($880 million) Ærfugl project (formerly Snadd field development) in the Norwegian Sea, three years ahead of the original start-up plan of 2023. The Ærfugl field is located in the northern part of the Norwegian Sea, just west of […]