Woodside Petroleum Ltd., Perth, has let a contract for the concept definition and engineering of two natural gas floating production, storage, and offtake facilities for its proposed Browse—North West Shelf LNG development off Western Australia. Source: News

If doom really exudes from the Intergovernmental Panel on Climate Change’s latest jeremiad, it relates more to politics than planetary temperature.   Source: News

BP CEO Bob Dudley strongly criticized oil and gas critics’ calls for investors to sell their holdings in fossil fuel companies and invest in renewable alternatives instead. “They push for potentially confusing disclosures, raise the specter of a systemic risk to the financial system from stranded assets and campaign for divestment—all in an effort to […]

The US drilling rig count jumped 11 units to 1,063 rigs working for the week ended Oct. 12, according to Baker Hughes data. The count is up 135 units from the 928 rigs working this time a year ago. All 11 rigs were attributed to those drilling on land as the number increased 11 units […]

It is time for the world to stop arguing and take action if it expects to make the necessary energy transition to meet climate goals outlined in the 2015 Paris accords, the chief economist for Equinor ASA said. “There’s an urgent need to stop talking about scenarios and start actually doing something. It’s an enormous […]

The International Energy Agency has moderated its global oil demand outlook, according to its October Oil Market Report. IEA now forecasts a growth of 1.3 million b/d for 2018 and 1.4 million b/d for 2019, respectively, a reduction of 110,000 b/d for both years from previous predictions. This is due to a weaker economic outlook, […]

The Federal Reserve Bank of Kansas City’s third-quarter energy survey revealed accelerated growth in energy activity in the Tenth District, while expectations for future activity remained high. The Kansas City Fed’s quarterly energy survey monitors oil and gas-related firms located or headquartered in the Tenth District, with results based on total firm activity. Source: News

Formation of gas hydrates has delayed restart of Erskine gas and condensate field in the UK North Sea, where production was suspended on Jan. 16 because of a blocked condensate pipeline. Serica Energy PLC, an 18% partner, said a new 26-km section of pipeline has been laid between the Lomond platform, to which Erskine production flows, […]

State-owned Oil India Ltd. reported two natural gas discoveries in Assam, Northeast India. The West Lohali-1 well encountered a sand reservoir in the Oligocene Barail formation, while the Dhakuwal-1 well encountered two zones in the Eocene LK+TH formation. Source: News

Oil and gas operators’ activity in the US Gulf of Mexico continues to be monitored in the aftermath of evacuations from platforms and rigs following the landfall of Hurricane Michael on the northeastern Gulf Coast Oct. 10. Source: News