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EuroAsia Still on PCI List

Jun 13, 2019

The EuroAsia Interconnector, the Israel-Cyprus-Greece electricity link remains on the official list of European projects of common interest (PCI) making it eligible to receive some €300 mln in EU grants for the Crete-Attica sector of the cable…

Ammonia as Marine Fuel ?

Jun 13, 2019

Ammonia can be safely and effectively applied as a marine fuel to reduce harmful emissions in the maritime industry according to new research published today (12 June) by C-Job Naval Architects, the largest independent ship design and engineering company in the Netherlands…

US Considering Sanctions Over Nord Stream 2

Jun 12, 2019

President Donald Trump said on Wednesday he was considering sanctions over Russia's Nord Stream 2 natural gas pipeline project -- which the United States has told European companies to avoid -- and warned Germany against being dependent on Russia for the fuel…

Infinity, Medserv Form Services JV

Jun 12, 2019

Aberdeen-based Infinity Oilfield Services and Malta-based Medserv have formed a new joint venture named InMedCo, to provide a broader portfolio of highly specialized technical services to the oil and gas market.The InMedCo joint venture combines…

KHI Wins AiP from DNV GL for LFPP

Jun 11, 2019

The international accredited registrar and classification society DNV GL has awarded the Japanese multinational corporation Kawasaki Heavy Industries (KHI) an Approval in Principle (AIP) for their LNG floating power plant (LFPP).The classification…

Oxy Enters Four Blocks in Southern Colombia

Jun 11, 2019

U.S.-based oil company Occidental Petroleum Corp has partnered with Amerisur Resources Plc on four exploration and production blocks in southern Colombia, near the border with Ecuador, the National Hydrocarbons Agency (ANH) said on Tuesday…

Book Review: Getting Down to It; 50 Years of Subsea Success in Norway

Jun 11, 2019

The Norwegian Continental Shelf’s journey from the very first basic marinized subsea trees to today’s complex and sophisticated subsea processing equipment has been a rapid, at times turbulent, but always remarkable.There are many engineers who have seen through that journey…

India to Evacuate Thousands as Cyclone Nears West Coast

Jun 11, 2019

Indian authorities are preparing to evacuate 300,000 people along the western coast as a severe cyclone is expected to make landfall on Thursday morning in the state of Gujarat.Storm Vayu, which formed in the Arabian Sea, is likely to cross…

Prelude FLNG Ships First LNG Cargo

Jun 11, 2019

The first shipment of liquefied natural gas (LNG) has sailed from Shell’s Prelude floating LNG (FLNG) facility offshore Australia, Shell announced Tuesday alongside its joint venture partners INPEX, KOGAS and OPIC.This shipment from the world’s largest floating producer of LNG…

BP Boosts Saudi, U.S. Oil Reserves Estimates

Jun 11, 2019

BP raised its estimates of Saudi and U.S. crude oil reserves at the end of last year by 12% and 22%, respectively, in its benchmark 2019 Statistical Review of World Energy.Saudi proved oil reserves were revised to 297.7 billion barrels at the end of 2018 from 266…

MWV Expects Druzhba Shipments Within Days

Jun 11, 2019

German oil industry lobby group MWV expects German refineries to receive shipments of clean Russian oil through the Druzhba pipeline via Belarus and Poland within the next several days, a spokesman said on Tuesday.The spokesman for the Berlin-based association (Mineraloelwirtschaftsverband)…

Exxon to Proceed with Argentina Development

Jun 11, 2019

US based ExxonMobil said on Tuesday it is proceeding with a long-term oil development in Argentina’s Bajo del Choique-La Invernada block.The project is expected to produce up to 55,000 oil-equivalent barrels per day within five years and will include 90 wells…

Wintershall Dea Seeks European IPO in 2020

Jun 11, 2019

Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020.Sources…

KCA Deutag Names Elkhoury CEO

Jun 11, 2019

Drilling and engineering contractor KCA Deutag has appointed a new chief executive Joseph Elkhoury, as ­current boss Norrie McKay prepares to retire. McKay will remain with the group in an advisory capacity until December 31, 2019, working closely with Joseph to ensure a smooth transition…

Dubai Intros Floating Solar Power Plants

Jun 11, 2019

The Dubai Electricity and Water Authority (DEWA) has issued a request for proposal (RFP) to appoint consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf.'This is a new and innovative initiative by…

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