Seeking to increase exploration and production, India’s Union Cabinet has approved a new round of changes in oil and gas licensing and regulation. “Considering stagnant/declining domestic production of oil and gas, rise in import dependence, and decline in investment in E&P activities, the need to bring further policy reforms was felt,” said a statement by […]

Norway’s Equinor has let a $13-million engineering, procurement, construction, and installation contract to Wood for the boosting station to increase production from Vigdis subsea field in the Tampen area on Block 34/7 in the Norwegian North Sea. Source: News

Sarawak Shell and Sapura Exploration & Production have let contracts to McDermott for work related to the linked development of three natural gas fields offshore Malaysia. The Shell unit’s contract covers transportation and installation of jackets, topsides, and pipelines for Gorek field. The Sapura contract is for the same work for Larak and Bakong fields. […]

SOCAR Polymer has started up a high-density polyethylene plant in the Sumgait Chemical Industrial Park about 30 km north of Baku. The 120,000-tonne/year HDPE plant, which officially began operating on Feb. 18, will produce four varieties of HDPE to meet Azerbaijan’s demand, with the remaining 75% of product manufactured at the plant to be exported to […]

Anadarko Petroleum Corp. reported that Mozambique LNG1 Co. Pte. Ltd.—the jointly owned sales entity of the Mozambique Area 1 coventurers—has entered into a 20-year, 1 million-tonne/year LNG supply agreement with Indonesia’s state-owned Pertamina. Source: News

The Australian arm of Norwegian international energy company Equinor has released for public comment its draft environment plan for the proposed drilling program of the Stromlo-1 wildcat in exploration permit EPP39 in the South Australian portion of the Great Australian Bight. Source: News

Brent crude oil reached a high of $66.83/bbl on the London market Feb. 18 before falling to settle at $66.25/bbl while US markets were closed Feb. 18 for the Presidents’ Day holiday. Source: News

For oil and gas companies, the Green New Deal, unveiled on Feb. 7, should raise concern for one overarching reason: It undermines the intellectual foundation of energy policy-making. Source: News

The large number of oil, gas, and petrochemical business employees expected to retire in the next few years along with anticipated industry growth has reinforced the need to attract younger workers. The industry will look to the Millennial Generation to fill roles and support expansion. Source: News

US District Judge Brian Morris issued a new ruling allowing TransCanada Corp. to build and use pipe storage and container yards for the proposed Keystone XL crude oil pipeline. But the Feb. 15 order reportedly continues to block construction of worker camps, effectively keeping work from beginning on the project. Source: News