Eni CEO sentenced to three years in prison
Paolo Scaroni, the Chief Executive of Italy’s largest oil company Eni, has been sentenced to three years in prison.
Construction of world’s largest semi-submersible platform moves ahead
The INPEX-operated Ichthys LNG Project has announced a major milestone for its Central Processing Facility (CPF).
BW Offshore wins Catcher FPSO letter of award (UK)
BW Offshore has signed a Letter of Award (LOA) with Premier Oil for a FPSO to operate on the Catcher oil field in the UK North Sea.
USCG: Shell’s attempt to avoid tax in Alaska partly led to Kulluk grounding
The U.S. Coast Guard Thursday released the report of investigation into the circumstances surrounding the grounding of Shell’s conical drilling unit Kulluk on the eastern coast of Sitkalidak Island, Alaska, Dec. 31, 2012.
Bumi Armada, Eni sign $2.9B Angola FPSO LOI
Bumi Armada will convert a Very Large Crude Carrier into an FPSO which will serve Eni in Angola.
Big job boom expected in North Sea. SNP throws Scottish independence card
The SNP, a social democratic political party committed to Scottish independence, has welcomed an extensive survey of companies in the North Sea oil and gas sector expecting to create up to 39,000 jobs over the next two years.
SBM Offshore releases findings of bribery claims investigation
SBM Offshore has presented the findings of its internal investigation, which it started in the first quarter of 2012, as the investigators have completed their investigative activities.
Croatia launches its 1st offshore licensing round
Croatia’s Economy Minister Ivan Vrdoljak officially opened the first public tender for the granting of licenses for the exploration and exploitation of hydrocarbons in the Adriatic Sea.
ABB nets $175M Zirku Island Job (UAE)
ABB, the Swiss-based power and automation technology group, has been awarded a $175 million contract to upgrade the power generation capacity at Zirku oil and gas processing facilities in the Gulf.
Video: Maersk Oil launches ‘Quest for Oil’ game tutorial
Maersk has launched a tutorial for its computer game called ‘Quest for Oil’. As the company has said, Maersk is taking the lead in an innovative way by using a video game to open up the oil business to everyone.