Qatar Petroleum, together with several of its joint ventures and subsidiaries, has a strong presence at the 21st World Petroleum Congress (WPC), which is currently ongoing in Moscow, Russia. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry and Chairman of QP, delivered a speech at the 21s
Industry leadership in producing liquefied natural gas (LNG) earned Exxon Mobil an Excellence Award on Monday at the World Petroleum Congress in Moscow. ExxonMobil received the Excellence Award for Technical Development for its leadership in safety, environment and technology in the development of t
UK Signs FID Contracts for Five Offshore Wind Projects The UK Government has signed eight contracts awarded under the Final Investment Decision (FID) Enabling for Renewables process, including five contracts for offshore wind projects. Drydocks Completes DolWin Beta Construction in Dubai Drydocks Wo
Most popular articles of the week, June 9 – 15, 2014
NYC-based PIRA Energy Group reports that the spot market remains long, awaits Asian 3Q buying for peak summer demand. In the U.S., last week had the fifth largest injection on record. In Europe, producers play central role in European spot price outlook. Specifically, PIRA’s analysis of natural gas
Global energy demand continues its remarkable growth, driven by China and other emerging markets. Yet this era of increasing demand is also one of robust energy supply, according to Wood Mackenzie’s long term analysis of global energy trends out to 2030.
Energean has reached an agreement to farm into the Sara and Myra licences, located in the Mediterranean Sea, offshore Israel. According to the agreement, subject to approvals from the relevant Israeli authorities, Energean will take 25% in the blocks and also become the operator. The Sara and Myra b
RasGas of Qatar recognised 288 employees during its annual long-service award ceremony for their loyalty and contribution to the continued success and growth of the company. The employees celebrated five, 10, 15 and 20 years of service in the company respectively. Speaking at the Long Service Award
Delek Group signed a detailed final agreement for the sale of Delek Europe to TDR Capital for €355 million, the company said in a statement. “The Company will report in a further immediate report on the date of execution of the detailed agreement,” Delek added. Delek Europe was established in May 20
Most popular offshore news of the week
Ian Townend, director of research at HR Wallingford, has been appointed as an Honorary Professor at Nanjing Hydraulics Research Institute in China. Nanjing Hydraulics Research Institute (NHRI) is a leading hydraulics research institute in China reporting to the Ministry of Water Resources and the Mi
Oman Drydock Company (ODC) says it has made a ‘giant leap’ forward in its campaign to become one of the leading shipyards in the world for LNG repairs after it was formally awarded the coveted Gaztransport & Technigaz (GTT) license at the Posidonia Shipping Trade Fair in Athens, Greece. ODC chairman
BAM International, the operating company of Royal BAM Group active outside of Europe, and its local partner MAG have successfully completed the construction of the new port in Aqaba, Jordan, for Aqaba Development Corporation (ADC), a second port in line with the country’s economic master plan. Toget
Meeting the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035, according to a special report on investment released today by the International Energy Agency (IEA) as part of the World Energy Outlook series. Today’s annual investment in energy
