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By Tyler Losier, Energy Reporter, Oil & Gas 360 Train 1 of Sempra's Cameron LNG project commences commercial operations Sempra LNG, a subsidiary of San Diego-based Sempra Energy (stock ticker: SRE), has begun commercial operations under tolling agreements at Train 1 of its Cameron LNG liquefaction-export project in Hackberry, Louisiana. Previously, Sempra’s Cameron LNG facility had shipped its first commissioning[Read More...] The post Cameron LNG Commences Commercial Operations appeared first...

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By Tyler Losier, Energy Reporter, Oil & Gas 360 Tim Knox to serve as Park Energy Services' new president and COO Park Energy Services, a portfolio company of private equity firm Rock Hill Capital, has appointed Tim Knox as president and chief operating officer, effective August 19. “We are very excited to announce the addition of Tim Knox to the[Read More...] The post Park Energy Services Appoints New President and COO appeared first on Oil & Gas 360.

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Oil steadied near $56 a barrel as hints of trade detente between the U.S. and China and the prospect of monetary stimulus buoyed financial markets.

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Equinor makes an oil discovery in the Sputnik exploration well offshore Norway.

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Saudi Aramco has picked Lazard Ltd and Moelis and Co to advise on the oil giant's second attempt at the world's largest IPO, people with knowledge of the matter said.

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After years pouring funds into the shale boom, bond buyers are getting increasingly selective.

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Flint Hills Resources' Port Arthur Chemical Plant in Southeast Texas. PHOTO SOURCE: Flint Hills Resources

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Subsea 7 is inviting experienced engineers from all sectors to forge a new career in the subsea oil and gas industry.

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By Tyler Losier, Energy Reporter, Oil & Gas 360 Proceeds from Venture Global’s debt and equity financing will fully fund the construction and commissioning of its Calcasieu Pass LNG facility Venture Global LNG Inc., headquartered in Arlington, Virginia, has closed on the project financing for its Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana. The proceeds[Read More...] The post Venture Global Closes on Project Financing for Calcasieu Pass LNG...

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, finance, lng, natural gas news, arlington, authorization, banco santander, bank of america, bp, calcasieu pass, calcasieu pass lng, cameron parish, commercial operations, debt, delta lng, edison spa, equity financing, ferc authorization, galp, goldman sachs, industrial & commercial bank of china limited, ing capital llc, jpmorgan chase bank, liquefied natural gas, louisiana, mizuho bank, morgan stanley, morgan stanley senior funding, natixis, nomura securities international, non-fta export, pgnig, plaquemines lng, plaquemines parish, premium content, repsol, royal bank of canada, shell, stonepeak, stonepeak infrastructure partners, sumitomo mitsui banking corporation, the bank of nova scotia, venture global, venture global lng, virginia

By Tyler Losier, Energy Reporter, Oil & Gas 360 EPIC Y-Grade pipeline begins delivering crude to various terminals in Corpus Christi and Ingleside, Texas EPIC Midstream LLC, through EPIC Crude Holdings LP, has begun interim crude service on its 24” EPIC Y-Grade pipeline, a system that transports oil from Crane, Texas to various terminals and refiners in Corpus Christi and[Read More...] The post EPIC Pipeline Makes First Crude Delivery to Corpus Christi appeared first on Oil & Gas 360.

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Categories: 360 articles, closing bell story, crude oil storage, midstream, natural gas news, private equity, aframax, ares, ares management, capacity, corpus christi, crane, crude, crude line, crude oil, customers, epic, epic crude holdings, epic midstream, export dock, ingleside, interim period, midstream, oil, permanent crude line, permian basin, pipeline, pipelines, premium content, suezmax, texas, walk-up shippers, y-grade pipeline

By Tyler Losier, Energy Reporter, Oil & Gas 360 Elevate Midstream Partners enters into eight year gathering and treating agreement with Sabine Oil and Gas Elevate Midstream Partners LLC, a private company based out of Houston, has entered into an eight-year gas gathering and treating agreement with Sabine Oil and Gas Corporation, an independent E&P operating exclusively in Texas. The[Read More...] The post Tailwater-Backed Elevate Midstream Enters into Eight Year Agreement with Sabine Oil and...

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Oil climbs as the U.S. delay sanctions against Huawei Technologies Co., offering a hint of progress in its trade war with China.

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By Tyler Losier, Energy Reporter, Oil & Gas 360 Halcón Resources selects Ragan T. Altizer as its new EVP, CFO, treasurer Halcón Resources Corporation (stock ticker: HKRS), currently undergoing Chapter 11 reorganization proceedings, has appointed Ragan T. Altizer as its new executive vice president, chief financial officer and treasurer, effective August 14. Altizer will replace Quentin Hicks, who resigned from[Read More...] The post Halcón Resources Appoints New CFO as Restructuring Process...

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Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360 Natural Gas Inventories as of August 9, 2019 The EIA has released its natural gas inventory report, showing a build of 49 Bcf as of August 9. Working gas in storage was 2,738 Bcf as of Friday, August 9, 2019, according to EIA estimates. This represents a net increase of[Read More...] The post Weekly Gas Storage: 49 Bcf Build appeared first on Oil & Gas 360.

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, natural gas news, natural gas roundup, natural gas storage, eia, natural gas storage report, weekly gas inventory

By Tyler Losier, Energy Reporter, Oil & Gas 360 Black Bay Energy Capital forms partnership with Total Operations and Production Services Black Bay Energy Capital, a private equity firm focused primarily on the oilfield services and equipment sector, has formed a partnership with, and made an investment in, Total Operations and Production Services (TOPS). TOPS, which operates in the Permian[Read More...] The post Black Bay Energy Capital Backs Permian-Based Oilfield Services Company appeared...

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Categories: 360 articles, closing bell story, natural gas news, oilfield services, private equity, black bay, black bay energy capital, compression, demand, differentiated, electric, electric compressor, gas lift applications, intelligent compressors, investment, investment capital, midland, nat gas, natural gas, new orleans, ofs, oilfield services, partnership, pe, permian, permian basin, premium content, production downtime, real-time automation, texas, tops, total operations and production services

Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360 Weekly Crude Oil Storage as of August 9, 2019 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.6 million barrels from the previous week. At 440.5 million barrels, U.S. crude oil inventories are about 3% above the five year average for this time of[Read More...] The post Crude Oil Inventories Increase by 1.6 Million Barrels appeared first on Oil & Gas 360.

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Categories: 360 articles, closing bell story, crude oil cuttings, crude oil news, crude oil storage, crude oil inventory report, weekly crude oil inventory report

By Tyler Losier, Energy Reporter, Oil & Gas 360 Commercial operations begin at the Bear Den II processing plant Crestwood Equity Partners LP (stock ticker: CEQP), a Houston-based master limited partnership, has begun commercial operations at its Bear Den II processing plant in Watford City, North Dakota. The Bear Den II facility is a 120 million cubic feet per day[Read More...] The post Crestwood Bolsters its Midstream Assets in the Bakken appeared first on Oil & Gas 360.

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Hurricane Energy PLC has sold the first cargo of crude oil from the early production system on Lancaster field in the West of Shetland area offshore the UK. Hurricane says Lancaster is the UK’s first producing basement field.

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Categories: field start ups, drilling production, production operations

PTT Exploration & Production Co. has signed an agreement to acquire 100% of Partex Holding from the Calouste Gulbenkian Foundation of Portugal for as much as $622 million. The deal, expected to close by yearend, will boost the Thai company’s net-interest production by 16,000 b/d of oil and reserves by 65 million boe of oil and gas.

Source Feed: Drilling and Production News
Categories: general interest, drilling production, companies, production operations

Brent oil prices fell on the London market by more than $1/bbl for August and September delivery while light, sweet crude oil in New York for July delivery settled under $52/bbl on concerns of the possibility of oil shipment disruptions through the Middle East. The price drops came amid talk of a possible military confrontation in the Persian Gulf and disruptions to tankers moving through the Strait of Hormuz.

Source Feed: Drilling and Production News
Categories: general interest, economics markets, drilling production, government, production operations

India’s Oil & Natural Gas Corp. Ltd. reported moving a record-high 35 offshore drilling rigs to new locations ahead of the Indian monsoon season. Aqualis Offshore said it assisted with many of the moves.

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Categories: general interest, drilling production, hse, drilling operations, government

Equinor Energy will plug exploration well 7335/3-1 in PL 859, which was drilled 8 km southeast of the 7435/12-1 (Korpfjell) natural gas discovery in the Barents Sea, and 435 km north of Vardo. The well was dry. The well was drilled to a vertical depth of 4,268 m subsea drilled by Seadrill’s West Hercules semisubmersible drilling rig in 239 m of water.

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Categories: drilling operations, exploration development, drilling production

Aker BP has been granted a drilling permit by the Norwegian Petroleum Directorate for well 25/2-20 in production license 442 in the North Sea.

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Categories: drilling operations, exploration development, drilling production

Brent oil prices rose moderately on the London market June 14 with the August contract closing slightly above $62/bbl while light, sweet crude prices in New York held fairly flat, again settling above $52/bbl.

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Categories: general interest, economics markets, drilling production, government, production operations

The US drilling rig count fell 6 units, reaching 969 rigs working for the week ended June 14, according to Baker Hughes data. The count is down 90 units from the 1,059 rigs working this time a year ago.

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Categories: general interest, drilling production, economics markets, drilling operations

Zarubezhneft and production-sharing partners have started sales of associated sour gas at Kharyaga oil field in the Nenets Autonomous Region of northwestern Russia.

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Categories: drilling production, production operations

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In its latest monthly Oil Market Report, the International Energy Agency cut its forecast for global demand growth in 2019 for a second consecutive month. It is now projected at 1.2 million b/d, reduced from 1.3 million b/d in the previous report and 1.4 million b/d in the April report.

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Categories: general interest, economics markets, drilling production, production operations











Every oil and gas facility has the potential to be hampered by the problem of NORM (short for Naturally Occurring Radioactive Material), especially during phases of decommissioning. To fully understand NORM, first take note that it can be broken down into various waste streams. For example… There is NORM waste which is contaminated with other […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: chemicals, marine & offshore, mechanical, minerals, oil & gas, safety, tech, technology

Health is our most treasured possession. It does not last forever, yet most of us make the mistake of living like it will. It is not until we lose our health that we seek diligently to regain it. Sadly at that point, it’s most often too late, and it always has a cost of time, […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, business, culture, finance, health & wellness, leadership

Businesses are changing with the times, and there’s a new space for working in unique and creative ways. We’re in the clouds, we’re in the field, we’re out of the office. Many small businesses no longer even have offices because digital communication and infrastructure is superior and unlimited. The world as we know it … […]

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Categories: accommodations, business, hotels, travel

Oil producing regions are experiencing a major downturn in the economy. The last few months have been challenging for all business sectors, and anyone reliant on oil revenue (and in Newfoundland that’s just about every one of us) has felt the pinch in some capacity. Managing your reputation in this business climate has never been […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, business

In the world of business, computers have become the foundation of how we live and work. Sitting at a desk all day is probably the worst thing we could to ourselves; It seizes up the muscles, makes the body weak and complacent, and eats away at our flexibility and posture. It’s not what we want, […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
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THE WINNERS ARE: TECHMATION ELECTRIC & CONTROLS, STEP ENERGY SERVICES, CROSBIE SALAMIS LTD, COUGAR HELICOPTERS, THE OGM SAFETY RESULTS AWARD WINNER: Techmation Electric & Controls Ltd. Techmation Electric & Controls Ltd. provides a complete range of electrical and instrumentation services throughout Western Canada. Techmation is committed to achieving stellar performance and giving value to their […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: aviation, best in class, human resources, oil & gas, safety, tech, technology

Petrotechnical Data Systems (PDS) is one of the biggest providers of software solution developers in the field of oil and gas industries. They recently unveiled a new Open Source Technology termed Wellsite Information Transfer Standard Markup Language (WITSML) for Energistics. Launched under the open Apache License, there are two categories of the software: the PDS […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, products & services, tech, technology

The FleetLink system from Atlas Copco supports the construction and oil and gas industry. It is offered in two packages, the FleetLink Advanced, intended for large pavers, including asphalt and large soil rollers, up to highway class pavers and the standard FleetLink for small pavers. Both packages are offered free of cost with the purchase […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: construction, products & services, tech, technology

The CMC Research Institutes are aiding the NRG COSIA Carbon XPRIZE for a $20 million global competition. The competition is aimed towards finding technologies that can successfully convert Carbon Dioxide emissions into high-value products. This is highly contextual in today’s world, where air pollution in major cities all over the world is a growing concern […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: business, global citizenship, resources, tech, technology

When an industry faces a harsh downturn for two years, there is a critical need gain efficiencies, optimization and reliability.  That’s a global trend. And in the coatings industry its leading minds that have come up with optimal gains that support sustainable long-term cost reductions and higher efficiency. Replacement and repair of damaged equipment are […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: drilling, exploration & production, liquefied natural gas, marine & offshore, oil & gas, oil sands, pipelines, tech, technology, transportation & logistics

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