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11
Jun

Bahrain Seeking Help From Oil Majors to Develop New Shale Discovery

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Bahrain has planned to invite international oil companies to help develop the first major discovery in decades. It hopes to begin production in 5-years. Currently, this oldest and smallest energy producer of the Persian Gulf derives most of its revenue from crude exports. However, its finances are under strain due to lower oil prices. This […]

Explosion in an oil and gas articles.
11
Jun

Critical lessons from 6 major oil and gas industry accidents

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The oil and gas industry has seen some horrific incidents in its existence. Learning from these incidents help us understand what went wrong as well as figure out what could have been done differently. 1. Piper Alpha Disaster, North Sea, UK This is by far the deadliest accident in this industry which claimed 167 lives in […]

A graphic of integrated risk assessment Articles
28
May

Integrating risk assessment

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The development of a quantitative risk assessment (QRA) study is an important pre-requisite of any oil and gas facility. Thong Wee Jun and Rachael Tee, Senior Engineers with Malaysia-based Synergen, explain why these should be integrated between multiple facilities located in the same industrial area to provide a more accurate representation of risk exposure. Worldwide, […]

Photograph of industry set up near the sea kruez.
01
May

Kruez commission for subsea support offshore of West India

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The largest ever subsea services contract has been won by Kreuz Subsea. In this regard, the company will mobilize 5 vessels to provide subsea construction works for Indian engineering group Larsen and Toubro. Under the contract, Kreuz Subsea will help L&T install riser clamps, risers, crossing works, tie-ins, subsea trenching and hydro-testing of pipelines under […]

Photograph of an oil field at sunset shale.
18
Apr

After targeting US farms, China can stike America’s Shale

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An ongoing trade war between China and the US may lead to China targeting the Shale fields in the US. Apart from sensitive farm items, Beijing is targeting petrochemicals and liquefied propane indicating that it might use energy as a weapon to retaliate against planned American duties on high-tech goods. Source: Bloomberg

Oil drilling set up in the sea VED Technip.
15
Apr

Technip FMC to deliver Gumusut-Kakap subsea spread

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Sabah Shell Petroleum has won the TechnipFMC, an EPCI contract for Gumusut-Kakap Phase2 project in offshore Sabah, Malaysia. In this regard, it will supply and install subsea equipment including umbilicals, flowlines and subsea production system.  Source: Offshore Magazine

Security icon on the computer screen cyber.
10
Apr

Cyber attack puts pipeline industry in hot seat

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There has been a cyber-attack on Latitude Technologies, which supplied electronic data interchange services to several large energy providers in the US. Following this, several major US natural gas pipeline was shut off, out of which at least 5 confirmed a service disruption caused due to hacking. However, the companies didn’t alert the US Transportation […]

Canadian flag hoisted high in on the hills energy.
10
Apr

Extinction predicted for Canada energy industry without M&A

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The Canadian energy sector is predicted to face extinction unless certain mergers and acquisition takes place. There is some opportunity for the same north of the Canadian border. The choice is now to merge and innovate or to face extinction. The mix of potential M&A candidates varies, with natural consolidators among the oil-weighted producers “self-explanatory,” […]

Oil rig in the North Sea.
06
Apr

Man Dies on North Sea Platform

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A worker died on the North Sea Platform of Repsol Sinopec’s Tartan Alpha platform. The incident is believed to be non-work related and the cause of death is being termed as natural. The police have informed the family. All production from the platform has been stopped. Source: Oil Industry News  

Oil leak drops on a plane surface.
04
Apr

Alert over Indonesia oil leak

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An oil leak and a subsequent fire killed at least 4 people in Balikpapan, an Indonesian oil town in the East Kalimantan province. A state of emergency was declared post the leak. The oil leak has stretched over 7 square miles and has contaminated the sea and the air. The port city, which has a […]

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