Latest News

Eni announces that Zohr field is now producing 2 bcfd, equivalent to approximately 365,000 boed. This outstanding result has been achieved only a few months after the first gas in December 2017 and one year before the schedule of the Plan of Development (PoD).

The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s Short-Term Energy Outlook (STEO). In February, U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the United States surpassed Russia in crude oil production for the first time since February 1999.

Damen Shipyards Group has carried out tank testing of its 70-meter Fast Crew Supplier (FCS) 7011. The tests were carried out at the Delft University of Technology (TU Delft) with a 2.8-metre long model. Intended for long distance crew transfer operations, the Damen FCS 7011 will offer the offshore oil & gas industry a safe and cost-effective alternative to helicopter flights.

Sembcorp Marine has won its biggest green technology retrofits contract to date, awarded by Maran Tankers for the installation of marine scrubbers and ballast water management systems on 13 of the Greek owner’s vessels.

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