Methane hydrates are a huge energy source. Gas quantities in GH deposits of Earth are (16,000-14,000)·1012 cubic meters [3, 4], and humans will be able to use gas from GH for over a thousand years.

The Malampaya gasfield guarantees Philippine energy security, but it runs dry soon and gas producers fear new fields are too near to the South China Sea. About 80 km off the northwest coast of Palawan ...

The mobile MD Cowan Super Single Drilling Rig’s small footprint minimizes environmental impact and and its automated pipe handling system raises safety standards. Source: SIMMONS EDECO SIMMONS EDECO ...

A consortium of Indian companies led by ONGC Videsh (OVL) is to acquire a 49 per cent stake in Russia’s Vankor cluster oilfields. Prime Minister Narendra Modi and Russian President Vladimir Putin ...

Sempra Energy and Saudi Aramco announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA). The HOA anticipates the negotiation and ...

The United States and European Union have expressed deep concern over Turkey’s plans for offshore drilling operations in an area claimed by Cyprus as its exclusive economic zone, adding to tensions ...

Graphics used in the report: WIN WIN joint industry project: wind-powered water injection. DNV GL is urging offshore oil and gas operators to implement a new solution using floating wind turbines to ...

BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the ...

Iraq is likely to sign a $53 billion, 30-year energy deal with Exxon Mobil Corp and PetroChina to develop southern fields, said Prime Minister Adel Abdul Mahdi, denying any link between the ...

ENI and Total will explore Caspian oil and gas blocks in offshore Kazakhstan, targeting Abay and Kashagan, plus onshore Karachaganak and Dunga. ENI is focused on exploration offshore in Kazakhstan ...

Saudi Aramco has sold its first LNG cargo through its trading subsidiary from Singapore to an Indian buyer as its expands its business beyond oil into gas. The world’s biggest oil exporter, Aramco ...

ENI inaugerated its Tatouine asset in southern Tunisia which will include construction of a PV (photovoltaic) plant with an installed capacity of 10 MW. The project, which was awarded to the ETAP-ENI ...