Author Archives: Matthew Amlot
Posted inNews

QatarEnergy signed 2021’s biggest long-term LNG contract: Report

by Matthew Amlot

The report also found that China-based Sinopec signed the most long-term LNG contracts in 2021, gaining five million tonnes of imported LNG per annum

QatarEnergy signed the biggest long-term liquefied natural gas (LNG) contract of 2021 with CNOOC in September 2021, a report by GlobalData revealed. The Qatari provider will supply CNOOC with 3.5 million tonnes per annum of LNG from 2022 to 2036 from the country’s Ras Laffan III liquefaction terminal. According to GlobalData’s report, the number of […]

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QatarEnergy, TotalEnergies, Petronas, Petrobras awarded Brazilian oil field contract

by Matthew Amlot

The field is located is located around 2 kilometres off the coast of Rio de Janeiro and is a multi-billion barrel, pre-salt oil field

A consortium of oil firms was awarded the Sepia Surplus Production Sharing Contract (PSC) by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) on Friday, according to a statement. According to the statement, QatarEnergy will hold a 21 percent interest in the PSC, with Petrobras holding 30 percent, TotalEnergies holding 28 percent, and […]

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Mitsubishi Power ships natural gas power plants to UAE

by Matthew Amlot

The plant will the the largest natural gas fired gas turbine combines cycle (GTCC) facility in the UAE

Mitsubishi Power announced Thursday that it had shipped three M701JAC gas turbines to the Fujairah F3 power plant in the UAE from its Takasago Machinery Works in Hyogo Prefecture. The plant will the the largest natural gas fired gas turbine combines cycle (GTCC) facility in the UAE. “This project is the first in the Middle […]

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A shale comeback could be on the cards in 2022

by David Messler

News that the Omicron variant might not be as lethal as the still dominant Delta version, breathed new life into oil futures and thus far sparking a 10 percent rebound

WTI and Brent proved how closely tied oil prices are to perceptions about the economic recovery over the last couple of weeks. For a time breaking down as much as 20 percent from their respective highs over the last month, WTI and Brent both bottomed Wednesday, December 1. News that the Omicron variant might not […]

Posted inPartnership

MXT+ Hydraulic Torque Wrench offers peak performance, eliminates need for separate tools

by Matthew Amlot

The MXT+ Hydraulic Torque Wrench from Hytorc combines the best of the original MXT with the latest advances in bolting technology including coaxial reaction drive, auto­release feature and a new cycle counter. The MXT+ is constructed from higher strength materials for rugged industrial use and highly repeatable performance. The coaxial drive reaction combined with rear […]

Posted inNews

Halliburton in talks to purchase Iraq oil field stake from Exxon

by Matthew Amlot

Should the talks fail, Iraq will instead purchase the stake

Halliburton is currently in talks with Exxon Mobile to purchase the oil firm’s stake in the West Qurna-1 field in southern Iraq, the country’s oil minister said Monday, Bloomberg earlier reported. Should the talks fail, Iraq will instead purchase the stake, Oil Minister Ihsan Abdul Jabbar added, building on comments from a few days earlier […]

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Robotic adoption is essential to future of oil and gas industry: Report

by Matthew Amlot

Robots in the energy industry are already essential, with their use likely to accelerate as the number of tasks that robots can perform continues to increase dramatically

Robotics will increasingly become essential for the oil and gas (O&G) industry with robot renting, also known as robots as a service (RaaS), likely to “revolutionise” the sector, according to data analytics firm GlobalData. The company’s latest report, titled ‘Robotics in Oil and Gas (2021) – Thematic Research’, found that robots have already been essential […]

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The uneven, uncertain future for energy

by Matthew Amlot

Shell Chief Energy Adviser Peter Wood explains to Oil & Gas Middle East the outlook for the energy industry's transition to renewables

The energy transition and the fight against climate change are big, bold ideas that have consistently been making their way up the table in terms of importance among policy makers, industry stakeholders, and the general public.  While industry leaders across the board are investing in climate action initiatives, disagreements persist around how to decarbonise effectively […]

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Most oil and gas companies need stronger cybersecurity defence for IoT devices, report warns

by Matthew Amlot

Businesses reported the top IoT security threats were the mishandling or misuse of data by internal employees and external cyberattacks

The majority of oil and gas businesses face security challenges when deploying internet of things devices, research from Inmarsat found. The report, published Thursday and titled ‘Industrial IoT in the time of Covid-19’, found that 92 percent of oil and gas businesses believe their IoT projects could be more secure, while 58 percent also believe […]

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Saudi Arabia’s SPARK breaks ground on 277,000 square metre drilling site

by Matthew Amlot

Construction on the site is set to be completed by Q2 2023

King Salman Energy Park (SPARK) in Saudi Arabia announced that Aramco and Horizon Project Company broke ground on a 277,000 square metre drilling and workover site on Wednesday. Construction on the site is set to be completed by Q2 2023. “This is another significant venture by Aramco that will contribute to business continuity. We expect […]

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