Gas, condensate confirmed at Quadrant’s Roc-2 well (Australia)

By Offshore Energy Today Quadrant Energy’s Roc-2 well off Australia has reportedly confirmed a high quality reservoir within the Caley section of the Roc-2 well, almost fully saturated with gas condensate. Roc-2 appraisal well, located within the WA-437-P in the North West Shelf of Western Australia, is being drilled to appraise the Roc gas-condensate discovery…

Iveco Introduces Zero-impact Concept for Long Haulage

By NGV Global CNH Industrial’s commercial truck manufacturer Iveco has introduced its concept for future trucking at the 2016 IAA Show in Hannover, Germany. The IVECO Z TRUCK , a long-haul truck, breaks away from every constraint to be a Zero-impact vehicle for a totally sustainable transport system. The IVECO Z TRUCK concept, designed in…

Teekay’s tankers to move oil from BP’s North Sea development

By Offshore Energy Today.. Teekay Offshore Partners has been awarded new three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP plc, Royal Dutch Shell and OMV Group. The tankers will transport the oil produced from the new Glen Lyon FPSO which is part of the Quad204 development located west of Shetland in…

Lukoil days away from first oil at Caspian Sea project

By Offshore Energy Today Lukoil, Russia’s largest privately-held oil company is set to produce first oil from its Caspian Sea project. More than a decade since making the discovery, the company now expects to bring its Vladimir Filanovsky field online within days. According to Tass news agency, which cited Azat Shamsuarov, Senior Vice President for…

Global political will did not match gas technology gains, forum told

Improvements in technology have increased global natural gas supplies, but delivery problems caused by US and international politics have kept vibrant worldwide markets many people expected 5 years ago from materializing, a senior fellow at the Istituto Affari Internazionali in Rome stated. Read Full Article Here For more great articles: Oil & Gas Journal –…

Maersk splits oil, transport businesses

A.P. Moller-Maersk AS, Copenhagen, is separating its transportation and oil businesses and starting a 2-year strategic review of the latter. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation Comments comments