News
DW: Supply chain players who diversify offering better positioned for recovery?
Historically, the oil & gas industry has witnessed merger and acquisition (M&A) activity through cycles, as companies try to create value in volatile oil price environments, Douglas-Westwood, an energy intelligence group, said in its DW Monday report. The current downturn has resulted in a number of
FID reached on Woodfibre LNG project in Canada
Woodfibre LNG on Friday said its parent company Pacific Oil & Gas Limited, part of the Singapore-based RGE group of companies, has made the final investment decision for the project.
Gasum inaugurates LNG station in Turku
Gasum of Finland said the first gas filling station intended for cars, commercial vehicles as well as heavy-duty road vehicles in Turku has been inaugurated on Monday, November 7.
GE Oil & Gas to expand Egypt services facility
GE Oil & Gas has decided to expand its services facility in Egypt’s industrial free zone with an additional 2,000 square meters. GE said last week that its services facility in Egypt would reach a total of 5,000 square meters after the expansion. The announcement was made after a meeting with Mohame
Chevron kicks off gas production at Alder
Chevron began production at its high-pressure, high-temperature Alder gas condensate field in the Central North Sea in the United Kingdom.
Rosneft gains access to Chinese gas market through $1 bln unit stake sale
Russia’s Rosneft signed agreements with Beijing Gas Group for the sale of a 20 percent stake in its unit Verkhnechonskneftegaz.
Popular news, Oct 31 – Nov 6, 2016
The most popular news of the week
Top News of the Week, 31 Oct – 6 Nov 2016
Bladt Industries: Uniform Jacket Foundation Design Would Save Money (Interview) A standardised design of jacket foundations would greatly contribute to offshore wind cost reduction, according to Jan Kjærsgaard, CEO of Bladt Industries, a company whose foundations are supporting numerous turbines ins
Top news of the week Oct. 31-Nov. 5, 2016
Angola LNG production halted Angola LNG has suspended production at its 5.2 million tons per year liquefaction plant in Soyo as it is conducting a planned shutdown for a “minor intervention”, an Angola LNG spokeswoman confirmed to LNG World News on Monday. Cheniere narrows losses, plans mid-scale LN
A glimmer of hope for Farstad Shipping?
Norwegian offshore vessel owner Farstad Shipping, looking at ways to weather the storm caused by low oil prices, might have found a solution in Siem Industries. Farstad, the owner of 57 offshore vessels, has been working on various options to enhance its financial position in order to enable long-te
FortisBC still in Tilbury LNG supply talks
Construction on FortisBC’s Tilbury LNG expansion project is moving forward while the Canadian company is still in talks with potential export customers following the termination of its supply contract with Hawaiian Electric Companies. The Tilbury expansion project, estimated to cost about $440 milli
Galileo commissions its LNG solution for Terra Energy
Galileo Technologies, in partnership with its newly certified distributor, Spatco Energy Solutions, commissioned its solution for Terra Energy in North Dakota’s Bakken shale, integrating flare gas capture and LNG production at the wellhead.
Gazprom’s LNG exports in line with 2015, Medvedev says
Gazprom’s LNG exports are expected to reach roughly the same volumes as in 2015, according to the company’s deputy chairman Alexander Medvedev.
ESBJERG, WE HAVE A PROBLEM
There may be very few similarities between the Apollo 13 moon flight and Vattenfall’s Surveillance Centre in Esbjerg, bar one: The relaying of information due to technical malfunction. Offshore WIND speaks to Jan Jørgensen on the complex and challenging job of monitoring Vattenfall’s wind turbines.