News
SgurrEnergy Opens SgurrControlCentre in Glasgow
Scotland’s Minister for Business, Innovation and Energy, Paul Wheelhouse, yesterday unveiled a plaque at SgurrControlCentre, SgurrEnergy’s newly upgraded control centre in Glasgow, a technical support hub from which the company will carry out asset management for renewable energy projects. The Sgurr
Jersey Oil & Gas raises cash for North Sea well
Jersey Oil & Gas, a UK oil and gas company, has conditionally raised, in the aggregate, approximately £1.6 million (before expenses) through a placing of shares. The company said that following investor interest which exceeded demand allowing the issue to be increased as well as a scaling back exerc
Port Arthur LNG files for construction permit with FERC
San Diego-based Sempra Energy said its liquefied natural gas units have filed an application with FERC seeking authorization to site, construct and operate the proposed Port Arthur LNG facility.
Canada offers ten new parcels off Labrador
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a call for bids offering ten offshore parcels in the Labrador South Region under its Scheduled Land Tenure Regime. The C-NLOPB, responsible for the regulation of petroleum-related activity in the Canada-Newfoundland a
Engie chairman Mestrallet confirms support for CEO Kocher
PARIS (Reuters) – French gas and power group Engie’s chairman Gerard Mestrallet on Tuesday confirmed his support for new chief executive Isabelle Kocher, following media reports about tensions between the two managers. French news site WanSquare and newsletter La Lettre de l’Expansion have reported
EIA: growth of U.S. natural gas exports to Mexico continues
Natural gas pipeline exports from the United States have doubled since 2009 and continue to grow in 2016, with Mexico being the largest contributor to this growth.
Fitch: OPEC deal might not have lasting effect on oil prices
With the OPEC meeting on oil prices just a day away, a ratings agency doubts that, even if a production cut deal is agreed, its ability to have a lasting impact on prices is unclear and will depend on the size of the cuts and the willingness of members to stick to them. The much-awaited […]
Survey: Downcycle bottom near, job cuts slowing down?
More than two thirds of employers shed staff over the past year – by 15% for operators and 7% for contractors, according to an industry report released today, however there may be some positives.. However, bad news first. The 25th Oil and Gas Survey, conducted by Scotland’s Aberdeen & Grampian Chamb
Volstad Oceanic Vessel Leaves Turkish Tersan Shipyard
Volstad Oceanic vessel has left Tersan Shipyard in Turkey, where it was built, Skipsteknisk informed through social media. The vessel, of Skipsteknisk ST-259 Arctic design, is a purpose built offshore construction vessel for operation in Arctic waters, the company noted. The vessel was built for Vol
UK: Discharges to sea rose ‘slightly’ in 2015, but pollution on a downward trend overall
UK’s oil and gas industry offshore discharges to sea grew „slightly,“ in 2015, but overall, the discharges to sea and emissions to the air have been on a downward trend for the last 15 years, a report by Oil & Gas UK, the industry’s trade body has revealed. The reason for the rise in pollution [&hel
Energean proceeds to development phase of West Katakolon field
The Greek Ministry of Energy and Energean Oil & Gas, a Greek E&P company, have agreed on the conversion of the exploration license for the proven West Katakolon offshore field to a 25-year exploitation license with immediate effect. The West Katakolon Exploitation area is part of the Katakolon Conce
ABS, Keppel join coalition advocating LNG as fuel
SEALNG, a coalition created to promote the adoption of LNG as a marine fuel, has been joined by two new partners, the classification society ABS and Keppel Offshore & Marine’s Gas Technology Development.
Enagas: Spanish gas demand for power generation hits record high
Spanish LNG terminal operator, Enagás said on Tuesday that monthly natural gas demand for power generation in Spain will reach record levels in November. The demand for natural gas for power generation will close November with a growth of about 45% year-on-year, reaching approximately 7,400 GWh, the
Gabadi signs LNG JV deal with Singapore’s SSB
Gabadi of Spain on Tuesday signed a joint venture agreement with SSB Group’s unit SSB Cryogenic Equipment for LNG vessels maintenance.