Asia Pacific
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The software solution aims to improve operational efficiency and production from subsurface to processing facilities in four offshore fields.
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Most crude exports coming out of the North Sea since March have been destined for Asia, where floating storage levels remain high.
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Designed to be a “living” map, it focuses on the largest fixed infrastructure for crude oil and refined products such as trunk pipelines, refineries, and storage facilities.
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PETRONAS, Universiti Teknologi PETRONAS (UTP), and the Society of Petroleum Engineers (SPE) recently collaborated on how best to leverage the collective strengths, expertise, knowledge of the industry, academia. and professional association.
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The oilfield services company's Tubular Running Service was recognized for reducing costs, maximizing safety.
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Unprecedented, perfect storm, a black swan event—all ways of describing the situation the oil and gas sector finds itself in right now. Here’s an analysis on the near-term outlook for projects in Asia Pacific.
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Asian spot prices for LNG took a dive to multiyear lows, feeling the pressure of the lack of demand. Holders of previously agreed upon long-term buyer contracts seek renegotiation.
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Annual report says that governments have the greatest capacity and responsibility to shape the energy future.
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A month after it got out of Norway, Bloomberg reports that the company is working with advisers on a potential Malaysian sale, which could raise as much as $3 billion. ExxonMobil plans to divest around $15 billion in nonstrategic assets by 2021.
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The decision follows a previous $10-billion investment in LNG the country made in 2017. While that investment focused on outside energy supply sources, this one will be used to develop infrastructure in Southeast Asia and the Indian subcontinent.