By NGV Global FCA US LLC, a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies, has invested $40 million in FCA Transport, the FCA US-owned truck fleet, to convert its 179 Detroit-based parts-haulers to run on compressed natural gas (CNG) rather than traditional diesel. The move gives FCA the largest Read Full…
Pennine Petroleum Corp. was confirmed as successful bidder for the 620-sq-km Block Velca in southern portion of Albania near the city of Vlore. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
The US Bureau of Safety and Environmental Enforcement will launch a pilot risk-based inspection program for offshore oil and gas facilities, the US Department of the Interior agency reported. The pilot will complement its existing inspections and audits, it said on Dec. 7. Read Full Article Here For more great articles: Oil & Gas Journal…
LPG shipping rates, strong now in a period of high demand, will begin declining in the second half of 2016 because of fleet growth, predicts Drewry Maritime Research. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation
Islamic State, the jihadist occupier of parts of Syria and Iraq, makes 43% of its $80 million/month revenue from illicit sales of oil, estimates the monthly Conflict Monitor at IHS Aerospace, Defense, and Security. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
KS Drilling’s jackup KS Java Star has spudded the Mustika-1 exploration well for KrisEnergy in the Sakti production-sharing contract offshore Indonesia. Read Full Article Here For more great articles: Offshore RSS Feed
A subsidiary of EnLink Midstream Partners LP and EnLink Midstream LLC has agreed to acquire subsidiaries of Tall Oak Midstream LLC for $1.55 billion. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation
Subsea 7 will provide further decommissioning services next year for Centrica’s Rose and Stamford gas fields in the UK southern North Sea. Read Full Article Here For more great articles: Offshore RSS Feed
Devon Energy Corp., Oklahoma City, has agreed to acquire 80,000 net surface acres in the Anadarko basin STACK play from Felix Energy LLC, a Denver-based portfolio company of EnCap Investments, for $1.9 billion. In a second deal, Devon has agreed to acquire 253,000 net acres in the Powder River basin Read Full Article Here For…
Husky Oil Operations Ltd. has awarded Transocean Ltd. a two-year contract for the harsh-environment semisubmersible Henry Goodrich. Read Full Article Here For more great articles: <a href=http://feedproxy.google.com/~r/offshore-rss/~3/CYos4f7N6QY/i-henry-goodrich-i-to-drill-offshore-canada.html target="_blank" title="Henry Goodrich to drill offshore Canada” >Offshore RSS Feed