News
Dutch Explore Chinese Offshore Wind Potential
This week, a Dutch offshore wind mission visited the Chinese provinces Guangdong and Fujian, as offshore wind in China is becoming more and more economically attractive.
Dutch Explore Chinese Offshore Wind Potential
This week, a Dutch offshore wind mission visited the Chinese provinces Guangdong and Fujian, as offshore wind in China is becoming more and more economically attractive.
Eni agrees oil and gas cooperation with Oman Oil Company
Italian energy giant and LNG player Eni signed a memorandum of understanding with Oman Oil Company (OOC) to explore cooperation opportunities in the oil and gas sector.
Eni, Snam to develop CNG, LNG stations in Italy
Eni and Snam signed on Thursday a framework agreement for the development of compressed natural gas (CNG) and liquefied natural gas (LNG) fueling stations in Italy, as part of a wider set of initiatives to promote sustainable mobility. The duo aims at developing CNG and LNG plants within Eni’s natio
Eni teams up with OOC to enter Oman’s offshore oil & gas sector
Italian oil giant Eni and Oman Oil Company S.A.O.C. (OOC) have finalized a memorandum of understanding (MoU) to explore oil and gas cooperation opportunities in the Middle Eastern country. Eni said on Thursday that the deal was signed in Milan by Isam bin Saud Al Zadjali, CEO of OOC, and Claudio Des
Statoil sells shares in International Petroleum Corporation
Statoil has sold its share in the International Petroleum Corporation for C$109 million. IPC is a recently formed company into which Swedish oil operator Lundin Petroleum spun off its non-Norwegian producing assets, as part of the company restructuring. Lundin then said it would distribute all of th
Mech-Tool Engineering Delivers for Dudgeon
Mech-Tool Engineering, a Teesside based product manufacturer and supplier of fire, blast and radiant heat protection systems has delivered a contract for Statoil’s GBP 1.5 billion Dudgeon offshore wind farm project.
Beatrice Foundation Piles Falling Into Place
Almost 20 percent of piles for jacket foundations at the 588MW Beatrice offshore wind farm have been installed so far, Beatrice Offshore Windfarm Ltd (BOWL) reports.
Beatrice Foundation Piles Falling Into Place
Almost 20 percent of piles for jacket foundations at the 588MW Beatrice offshore wind farm have been installed so far, Beatrice Offshore Windfarm Ltd (BOWL) reports.
OPEC extends oil output cut by nine months to fight glut
By Rania El Gamal, Ernest Scheyder and Alex Lawler VIENNA (Reuters) – OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three ye
OPEC meets to talk further oil output cut extension
OPEC and several non-OPEC members are meeting on Thursday in Vienna to discuss further strategy on oil production. To remind, 13 OPEC members and 11 Non-Opec members (most notably Russia) in December last year agreed to cut oil output by 1.8 million barrels a day in order to stabilize oil prices. Th
Boxship Captain Commits Suicide During Transatlantic Voyage
A captain of a container ship has apparently committed suicide during a voyage from New York, United States to Tilbury, the UK, according to Apostleship of the Sea (AoS). The 2,824 TEU Santa Bettina was one week into its voyage when the captain apparently took his own life on board, leaving its crew
First oil from Kraken expected by end of June
EnQuest has informed that its Kraken field in the UK North Sea is expected to start producing oil by the end of June. The Kraken field, to be developed using the Armada Kraken FPSO, is a large heavy oil accumulation located in the East Shetland basin, to the west of the North Viking Graben some [&he
Petrofac suspends COO amidst fraud investigation
Petrofac, the international oil and gas facilities service provider, has suspended its chief operating office, Marwan Chedid, until further notice following Serious Fraud Office’s investigation into the company related to Unaoil and other agents.