Daily Archives: November 12, 2015

Petronas’ profit plunges 91 percent

Rate this article By Offshore Energy Today Malaysian oil and gas company Petronas reported a fall in its third quarter profit after tax to 1.4 billion ringgit ($319.5 million), impacted by the prolonged low oil price and the global supply glut. For comparison, the company’s profit in the corresponding period of 2014 was 15.1 billion…

Eni pens concession deals in Egypt

Rate this article By Offshore Energy Today Italian oil company Eni on Thursday inked several agreements with the Egyptian government regarding the oil and gas concessions it operates in the country. Eni says that the agreements will lead to investment for more than $2 billion for the realization of projects to be implemented in the…

BigRoll launches first of four marine transport vessels

Rate this article By Offshore Energy Today.. BigRoll Shipping, a heavy marine transportation provider based in the Netherlands, has informed that its vessel, the BigRoll Barentsz, has been launched in China. The BigRoll Barentsz is the first of four BigRoll Shipping’s MC Class vessels under construction. It was launched on October 27, 2015 at Cosco…