The increasing number of offshore projects along with the rising production of shale gas globally will garner the requirement for offshore drilling risers.
Archives for May 2023


CSIRO Launches $10m Project to Build Australia’s First Movable Hydrogen Generator
Australia needs hydrogen to help reach net zero emissions by 2050, said CSIRO as it unveiled ground-breaking new technology to help reshape the nation’s energy landscape by safely generating hydrogen at off-grid locations.

PGS Secures Large MultiClient Project in Norwegian Sea
PGS has secured industry pre-funding for another large multi-season MultiClient survey in the Norwegian Sea. The first phase of the survey will be acquired in 2023 by the Ramform Hyperion.

China Resurgence is Driving World Oil Demand Says IEA
The IEA Oil Market Report has forecast that world oil demand will rise by 2.2 mb/d year-on-year in 2023 to an average 102 mb/d, 200 kb/d above last month’s Report.

Carnarvon Edges Closer to Bedout Basin Deal with Taiwan’s CPC
Carnarvon Energy says it is closing in on a mid-year deal to sell 10% of its stake in the Bedout Basin to CPC subsidiary, OPIC Australia.

Empire Upgrade Lifts LNG Scale Aspirations
Empire Energy has announced a LNG scale resource in its Betaloo Sub-Basin portfolio following the release of an independently assessed report released by Netherland, Sewell & Associates.

Testing Confirms Technical Feasibility of Converting Gas Transmission Pipeline
Australia’s first potential conversion of a gas transmission pipeline to a pure hydrogen service is a step closer with leading Australian energy infrastructure business, APA Group, successfully completing laboratory testing of Parmelia Gas Pipeline materials in a pressurised hydrogen environment.

CGG Awarded OMV Contract for Multi-Year Dedicated Centre
CGG has been awarded a new contract by OMV to continue operating a dedicated centre at its head office in Vienna for an initial three-year period.

High Energy and Demand for Increased Exploration is Driving Industry Demand for Oil Country Tubular Goods, Says Future Market Insights
High Energy and Demand for Increased Exploration is Driving Industry Demand for Oil Country Tubular Goods, Says Future Market Insights.

Testing Confirms Technical Feasibility of Converting Gas Transmission Pipeline
Australia’s first potential conversion of a gas transmission pipeline to a pure hydrogen service is a step closer with leading Australian energy infrastructure business, APA Group, successfully completing laboratory testing of Parmelia Gas Pipeline materials in a pressurised hydrogen environment.