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The 15th Beijing International Offshore Engineering Technology & Equipment Exhibition

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BEIJING,CHINA

March 26-28,2025

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Industry News
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27 2023-10

U.S. oil drillers to pivot from shale to offshore projects, EIA reports

(Bloomberg) – The latest evidence of a pivot by oil operators from U.S. shale to offshore appeared Monday as the U.S. Energy Information Administration warned that a drop in onshore pr.........

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12 2023-10

Shutdown of key Israeli gas field imperils Egypt’s LNG exports to Europe

(Bloomberg) — Israel’s gas shipments to Egypt fell by 20% as safety concerns prompted the shutdown of a key offshore field, threatening onward deliveries to Europe.Halting the Ta.........

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09 2023-10

Suncor Energy boosts oil sands production with $1.5 billion TotalEnergies Canada acquisiti

(WO) – Suncor Energy has agreed to purchase TotalEnergies EP Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project (Fort Hills) for $1.468 billi.........

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30 2023-08

U.S. opens talks to temporarily lift Venezuelan sanctions, increasing oil production rebou

(Bloomberg) – The Biden administration’s decision to open talks to temporarily lift sanctions against Venezuela raises the prospect that production may finally rebound in the world’s......

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18 2023-08

CNPC's first wind power project goes into full operation

On March 17, the Meizi Wind Farm of PetroChina Jilin Oilfield was connected to the power grid, marking the full operation of CNPC's first wind power project.As an important part of the 1.........

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24 2023-04

Halliburton Nigeria oil production facility reaches 10 MMbbl milestone

Halliburton Testing and Subsea (TSS) Nigeria is celebrating two significant milestones: an early production facility (EPF) recently processed its 10 millionth boe . Equally impressive, the t.........

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24 2023-04

ABS CEO awarded prestigious leadership award for energy transition contribution

ABS Chairman, President and CEO Christopher J. Wiernicki has been awarded the GREEN4SEA Leadership Award recognizing his industry leadership and contribution to a more sustainable industry.W.........

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04 2023-04

OPEC shows no sign of adjusting oil production at upcoming meeting

The OPEC+ coalition is showing no signs of adjusting oil production next week, staying the course amid turbulence in financial markets.blue oil barrel with OPEC logoGroup leader Saudi Arabia.........

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04 2023-04

QatarEnergy, ExxonMobil partner for two exploration licenses offshore Canada

QatarEnergy entered into a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore the province of Newfoundland and Labrador in Canada.exploration platform offshore Ca.........

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04 2023-04

API: “Well past time” for Department of Interior to finalize five-year federal offshore oi

The American Petroleum Institute (API) issued the following statement on today’s offshore lease sale mandated by the Inflation Reduction Act from API Vice President of Upstream Policy .........

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03 2023-04

World's largest DP shuttle tanker built by China delivered

China National Offshore Oil Corporation announced on Friday that the world's largest DP shuttle tanker, NS Pioneer, independently designed and built in China, was officially delivered in.........

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08 2023-02

OPEC “cautiously optimistic” about oil demand amidst reopening of China

(Bloomberg) — OPEC’s top official said he sees a “more upbeat” economic outlook as China reopens after several years of virus restrictions.OPEC headquarters“The.........

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04 2023-01

U.S. Department of Energy advances MMEX Resources to final application stage for Trans Per

(WO) — MMEX Resources Corp., sponsor of the Trans Permian H2Hub announced that The U.S. Department of Energy (DOE) approved its concept paper to advance to the final application stage .........

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03 2023-01

New CEO of Petrobras to focus on energy transition

(Bloomberg) — President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil giant with the aim of turning i.........

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29 2022-12

World Oil’s Top Stories of 2022: 1-5

(WO) — 2022 was an enormous year for the oil and gas industry. From oil discoveries in Wyoming to Russia working around Western sanctions, there was no shortage of ground-breaking news.........

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