Entries by Ali Ipakchi

The Next Big Trend In Offshore Oil & Gas | OilPrice.com

The offshore industry will shift its focus from oil to natural gas in the next couple of decades, while wind investment is also expected to soar The offshore sector will increasingly focus on natural gas instead of oil over the next few decades, while policy support and technology improvements could also see offshore investment shift […]

The Global Oil Market Is About to Be Upended 

The U.S. and Canada may no longer have this type of production all to themselves. Bahrain discovered the first oil on the Arab side of the Gulf in 1932. It took a long time for the small island to find anything of similar significance, but its recent announcement of an enormous shale oil resource under its shallow […]

North Sea bosses head to oil rig after shock strike action

  North Sea oil bosses will later today face disgruntled rig workers following an unofficial strike at the weekend over working conditions on a multi-billion pound Statoil project. The management of services ­company Aker Solutions will travel ­almost 100 miles off the coast of ­Shetland to the Mariner platform. It comes after workers downed tools […]

South Pars Oil Talks With Maersk Underway

An official at the National Iranian Oil Company said negotiations with Denmark’s Maersk Group over the development of South Pars oil production project have not yielded positive results yet. “Parallel talks have started with other multinationals to undertake the megaproject,” said Karim Zobeidi, the head of a special department at NIOC that oversees the performance […]

KBR Awarded EPCM Services contract for JVGAS projects in Algeria

KBR Awarded EPCM Services contract for JVGAS projects in Algeria HOUSTON, Oct. 2, 2017 /PRNewswire/ — KBR, Inc. (NYSE: KBR) announced today it has been awarded an engineering and project management services contract by JVGAS – a joint venture of Sonatrach, Statoil and BP – for the provision of engineering, procurement and construction management services in Algeria. Under the […]

ONE welcomes launch of Innovation Hub at The Oil & Gas Technology Centre | Energy Voice

Private sector economic development body Opportunity North East (ONE) has hailed a “transformational project” for the oil and gas industry and the Aberdeenshire region. Sir Ian Wood, Chairman of ONE, made the remark as the Oil and Gas Technology Centre (OGTC) marked the opening of its Innovation Hub. The unique collaboration environment is designed to […]