MPE develops vessel design with range of capabilities
Marcelo Penna Engineering has unveiled the MP625, a new FiFi-1 & DP2 class vessel based on Trimaran hull forms. Read Full Article Here For more great articles: Offshore RSS Feed
Daily Archives: July 18, 2016
OGIC sustains sponsorship of UK offshore R&D
The Oil & Gas Innovation Centre has issued an update on its activities, which include 11 ongoing projects involving collaborations between Scottish companies and Scottish universities. Read Full Article Here For more great articles: Offshore RSS Feed
Total acquiring battery maker Saft Groupe
Total SA will acquire 90.14% of the capital and voting rights of Saft Groupe SA, a designer and manufacturer of advanced-technology batteries for industry based in Bagnolet, France, under a public tender offer to be settled July 21. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
Cameron LNG expansion project gets non-FTA export nod
Cameron LNG has received authorization from the US Department of Energy (DOE) to export an additional 1.41 bcfd from its proposed Louisiana liquefaction expansion project to countries that do not have a free trade agreement with the US. Following approval, Cameron LNG’s export capacity will be 24.92 million tons/year, or 3.53 bcfd. Read Full Article…
Sirius gains extension for Ororo assessment offshore Nigeria
Sirius Petroleum has secured a three-year extension to OML 95 from Nigeria’s Federal Ministry of Petroleum Resources (FMPR). Read Full Article Here For more great articles: Offshore RSS Feed
Magellan Midstream to build Texas marine terminal
Magellan Midstream Partners LP plans to construct a high-capacity marine terminal along the Houston Ship Channel in Pasadena, Tex., to handle refined petroleum products, including various grades of gasoline and diesel fuel, and renewable fuels. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation
Noble takes delivery of North Sea Mariner jackup
Sembcorp Marine has delivered what it claims is the world’s largest jackup drilling rig to Noble Corp. Read Full Article Here For more great articles: Offshore RSS Feed
Delek in talks for stake in North Sea Kraken project
EnQuest is discussing a potential farm-out of 20% of the Kraken heavy oil project in the UK northern North Sea to a Delek Group subsidiary. Read Full Article Here For more great articles: Offshore RSS Feed
EIA: US oil companies closer to self-finance
As US oil companies’ spending falls and crude oil prices increase, their immediate financial situations are improving and the need for companies to find external sources of funding may decline. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
LaFehr named president of Baytex Energy
Ed LaFehr has been named president of Baytex Energy Corp., Calgary, effective July 18. He will report to James Bowzer, chief executive officer. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest