Well Operations News

 

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Mar 02, 2026

Qatar halted its production of liquefied natural gas on Monday as Israeli and U.S. strikes against Iran and Tehran's retaliation prompted precautionary shutdowns of oil and gas facilities across the Middle East.Saudi Arabia shut its biggest domestic oil refinery after a drone strike, a source with knowledge of the matter said.Qatari LNG production is equivalent to about 20% of global supply. The Gulf country is the world’s second largest LNG exporter after the U…

Seatrium Wraps Up AmFELS Yard Sale

Feb 03, 2026

Seatrium has completed divested its AmFELS Yard located at Brownsville in Texas to Karpower Valley, a related party of Karpowership.The divestment, first announced in September 2025 and completed on January 30, 2026, will allow Seatrium to enhance capital and operational efficiencies…

BHGE Inks 3-year Contract with Saudi Aramco

Dec 05, 2018

Saudi Aramco has awarded major stimulation and well-testing contract to Baker Hughes, a GE company (BHGE). BHGE will deliver a comprehensive well services solution including all cased-hole wireline logging, perforation, well testing, stimulation…

Logistics News

Gulf Tanker Rates Nearly Double as Middle East Exports Ramp Up

Gulf Tanker Rates Nearly Double as Middle East Exports Ramp Up

Sailors' Society to Roll Out Seafarer Wellbeing Program

Sailors' Society to Roll Out Seafarer Wellbeing Program

Svanehoj Appoints Larsen President

Svanehoj Appoints Larsen President

188 Merchant Marine, Military Officers Graduate from USMMA

188 Merchant Marine, Military Officers Graduate from USMMA

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Sources say that the premiums for Russian ESPO blends are now near parity with ICE Brent in China due to weak demand.
Gulf oil tanker prices nearly double as Middle East producers increase exports
The morning bid for EUROPE-Yen is in trouble