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Saipem designated to build offshore LNG platforms in the Arctic

Russia’s Novatek is planning on surpassing Qatar, the world’s leading exporter in LNG, with the help of Italy’s Saipem, which is expected to be assigned to build LNG platforms on the Gydan Peninsula in the Arctic.

read more... 18/07/2017

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Centrica merges oil and gas businesses with Baverngas Norge

The new company will be the result of the joining of British company Centrica’s exploration and production business with Norwegian Baverngas Norge.

read more... 17/07/2017

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Global gas demand expected to ascend by 1.6% annually

As reported by the International Energy Agency (IEA), global gas is predicted to rise 1.6% every year, for the next five years, with consumption rising to almost 4,000 billion cubic meters (bcm) by 2022.

read more... 14/07/2017

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Peru told to suspend talks about oil until pollution is redressed

Peru was told to cease negotiations for new oil rig in the Amazon until prior pollution was eliminated on Thursday by UN human rights experts.

read more... 14/07/2017

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Iraq’s Maysan Oil drills first well on Iranian border

Iraq’s state-owned Maysan Oil will survey the production of oil and gas at the Haifaya oil field, which was opened during a visit from the Oil Minister Jabrane Al-Luaibi.

read more... 11/07/2017

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