Tug Fairmount Sherpa has towed rig Sevan Louisiana safely from Singapore to Curaçao. During the 11,500 miles voyage via Cape of Good Hope, stops were made in Port Louis (Mauritius), Walvis Bay (Namibia) and Port of Spain (Trinidad) to take bunkers and for crew changes.
There is a pressing need to change Europe's energy policy framework to make it more predictable and market oriented. This was a key message conveyed by Statoil natural gas senior vice president Rune Bjørnson at a conference in Brussels earlier this week.
Horsham, Pa. – Custom opto-electronic design and production specialist Avo Photonics in collaboration with the Wireline R&D optical sensor group at Weatherford International has successfully designed and validated the performance of a downhole multi-channel photometer. The sensor has now completed several field trials and is being volume manufactured by Avo Photonics for Weatherford commercial deployment.
DOF Subsea, provider of integrated subsea solutions, has been awarded a Master Service Agreement (MSA) extension with Seaway Heavy Lifting for the provision of positioning services onboard its Stanislav Yudin and Oleg Strashnov crane vessels.
The Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC) Mr. Abbas Ali Al-Naqi stressed the strategic importance of GCC countries as they provide the entire world with 23% of its oil needs and about 12% of its needs from natural gas, indicating that GCC countries possess 39% of the international oil reserves and 21% of the natural gas reserves.
Paris, March 27, 2014 – Subject to decisions by the Board of Directors and shareholders at the Annual Meeting to approve the financial statements and the final dividend, the ex-dividend dates of the quarterly interim dividends and the final dividend for 2015 will be
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Jean-Maurice Ripert, Ambassador Extraordinary and Plenipotentiary of France to the Russian Federation.
Bashneft Group has gained control over a 100% stake in LLC Burneftegaz, a company conducting exploration and producing oil in the Tyumen District. The transaction had been approved by the Federal Antimonopoly Service.
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has signed an alliance agreement with OMV to provide integrated project management and engineering, procurement and construction management services.
Following the success of our sell-out event in 2013, we are pleased to announce the 2nd International SAP Conference for Oil and Gas 2014 to be held in Copenhagen. At this event you will hear the very latest news, innovations, and best practices for the oil and gas industry.
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has signed an asset purchase agreement with Siemens Energy, Inc. to acquire the Siemens Environmental Systems and Services business that supplies and services clean air technologies for use in power plants and industrial facilities. Closing of the transaction is subject to customary closing conditions, and is expected in the second quarter of 2014.