Author: intent

Clariant, Swire Energy Services open new Norway supply base

Oil & Gas‚ Oil and Gas Industry | intent | September 3, 2025 | Comment off

Clariant Oil Services has expanded its commitment to Norwegian oil and gas customers with a new bulk storage and transfer base located in Dusavik, Norway together with its long-standing strategic partner Swire Energy Services. The new site consists of multiple bulk storage tanks with transfer capability to supply either directly to vessels or tote tanks. The system is fully automated to ensure chemicals are transferred accurately and efficiently, and full operations are expected in September 2025.

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STR appoints director to lead expansion across Europe, Africa

Oil & Gas‚ Oil and Gas Industry | intent | September 3, 2025 | Comment off

STR operates globally with technology and service facilities in Aberdeen, Great Yarmouth, Houston, Perth, Singapore and invested £5m in a new Norway facility earlier this year which Christie will oversee. The company has doubled headcount in the last three years and now has 120 people with further growth to be delivered through strategic acquisitions, market expansion and a diversified technology and solutions offering, with plans to have a dedicated Middle East facility next year.

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Why China’s Oil Production Keeps Growing Despite Lower Oil Prices

Oil & Gas‚ Oil and Gas Industry | intent | September 2, 2025 | Comment off

Over the past couple of years, China’s oil industry has revealed a peculiar trend, with production maintaining an upward trajectory that seems to defy falling oil prices. Under normal circumstances, oil and gas producers tend to cut back output whenever prices fall too much in a bid to cut their losses. For instance, several U.S. shale producers are signaling production cuts due to low oil prices: back in May, Diamondback Energy (NASDAQ:FANG) chair and CEO Travis Stice warned that the Shale Patch had reached a “tipping point” with production set to decrease going forward amid low oil prices.

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Europe Triggers Iran Sanctions Snapback

Oil & Gas‚ Oil and Gas Industry | intent | September 2, 2025 | Comment off

Although the U.S. has left the door open for a resumption of talks with Iran, Europe is deadly serious about reimposing the full weight of pre-2015 sanctions on the Islamic Republic, a very senior security source who works with the European Union’s security complex exclusively told OilPrice.com last week.

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Kuwaiti logistics deliver steady growth

Oil & Gas‚ Oil and Gas Industry | intent | September 2, 2025 | Comment off

In 2024, GAC strengthened its reputation in Kuwait as a logistics partner, helping businesses across the country and the wider region streamline their supply chains. By expanding our liner operations with new routes and boosting export volumes, we gave our customers faster, more cost-effective shipping options.

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TotalEnergies, QatarEnergy secure exploration block off Republic of Congo

Oil & Gas‚ Oil and Gas Industry | intent | September 2, 2025 | Comment off

“This award of a promising Exploration permit, with the material Nzombo prospect, reflects our continued strategy of expanding our Exploration portfolio with high impact prospects, which can be developed leveraging our existing facilities, and confirms our longstanding partnership with the Republic of the Congo,” senior vice-president exploration Kevin McLachlan said.

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