XTO Permian completions, Woodford producers and Shell to explore for shale in China top this week’s drilling activity highlights from around the world.
Oil executives and traders attending major industry gatherings in Singapore and Abu Dhabi this week have flagged deteriorating demand growth in key markets such as China and India for downbeat expectations on crude oil heading into 2020.
With a giant gas project expansion in the tropical highlands of remote Papua New Guinea bogged down by politics, the country’s biggest company, Oil Search, is turning for growth to the other side of the world in Alaska’s frozen wilderness.
An Alaskan North Slope wildcat and Fieldwood drilling the first test well in the U.S. Gulf’s Green Canyon Block 200 top this week’s drilling activity highlights from around the world.
National Oilwell Varco Inc. has been awarded equipment package and design orders for one of the world’s largest offshore wind turbine installation vessels by Japanese-based Shimizu Corp.
The Papua LNG gas agreement is one of two agreements needed for Total and its partners, Exxon Mobil and Oil Search, to go ahead with the LNG expansion plan.
Oil prices weakened on Sept. 2 after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude.
China aims to slash its growing dependence on gas imports by boosting domestic projects like shale fields as the security of its energy supply comes under the spotlight amid a festering trade war with the United States.
apan imported its first cargo of liquefied natural gas (LNG) from China in July as utilities from the world's biggest buyer of the fuel seek out new suppliers and try to lower costs amid tough competition at home.