Tag Archive

Hess Announces Quarterly Cash Dividend on Preferred Stock

Hess Announces Quarterly Cash Dividend on Preferred Stock

June 6, 2018 No Comments

The Board of Directors of Hess Corporation (NYSE:HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on August 1, […]

Environmental and social Sustainability

Environmental and social Sustainability

June 5, 2018 No Comments

Scientists from Saudi Aramco’s Research and Development Center (R&DC) recently organized the eighth annual meeting of the Saudi Arabian Section of the Combustion Institute. The meeting, held at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh, brought together more than 100 experts from institutions in Saudi Arabia, the UAE, Oman, and the […]

Patriot International Offers Integrated Solutions to Piping Problems

Patriot International Offers Integrated Solutions to Piping Problems

May 9, 2018 No Comments

Patriot International is the Number One provider of dedicated pipework equipment, training and manpower (In close collaboration with Polaris) for the Oil, Gas & Energy industry. We strive to raise the standards against which others will be judged. We will build upon a team of people with a positive attitude, determination and who are not […]

Togo and Equatorial Guinea Sign Liquefied Natural Gas Deal

Togo and Equatorial Guinea Sign Liquefied Natural Gas Deal

April 12, 2018 No Comments

Equatorial Guinea’s Minister of Mines, and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima and Togo’s Minister of Mines and Energy H.E. Marc Dèdèriwè Abli-Bidamon have signed a cooperation agreement to facilitate the trade in liquefied natural gas between the two countries. The new memorandum of understanding, signed last week by the ministers, creates a framework for […]

BP award Alligin development  contract to Subsea 7

BP award Alligin development contract to Subsea 7

April 10, 2018 No Comments

BP today also confirmed that it has awarded a major contract for the Alligin development to Subsea 7, which will provide project management, engineering, procurement and construction services for the subsea pipelines. Subsea 7 will deliver the contract from its Aberdeen base with offshore activities expected to get under way in 2019. Meanwhile, BP has […]

Shell Announce profitable growth outlook as Downstream business transforms

Shell Announce profitable growth outlook as Downstream business transforms

March 21, 2018 No Comments

Royal Dutch Shell plc (Shell) today updated investors on its Downstream growth ambitions, underlining the important role they will play in delivering Shell’s world-class investment case. “Our unique Downstream business is fundamental to delivering a world-class investment case,” said Chief Executive Officer Ben van Beurden. “Its unparalleled breadth, depth and the strength of our brand […]

GE  and Fina Enerji sign an agreement

GE and Fina Enerji sign an agreement

March 14, 2018 No Comments

GE Renewable Energy [NYSE: GE] and Fina Enerji signed an agreement to work on potential eight wind projects in Turkey providing up to 410 MW of power by December 31st, 2020. With the previous agreement signed in 2017 for Kızılcaterzi Wind Project, Fina Enerji is expected to add up to 425 MW to their installed […]

Hess Announces $1.0 Billion Share Repurchase Program

Hess Announces $1.0 Billion Share Repurchase Program

March 8, 2018 No Comments

Hess Corporation (NYSE: HES) today announced that its Board of Directors has authorized the purchase of $1.0 billion of Hess common stock by the end of 2018. The newly authorized program is in addition to the $500 million share repurchase program Hess announced in late 2017. Under the new authorization, the Company will purchase $500 […]

OEG Launches New Modern Training Website

OEG Launches New Modern Training Website

March 8, 2018 No Comments

The Operations Excellence Group (OEG, LLC) is proud to announce its new website and learning course library. “The new website and course library represent a sharper focus for OEG. We have taken the rich, high quality content we are known for and applied it to adult learning. Our courses, micro-learning content and student data we […]

Eni and FAO to foster access to water in Nigeria

Eni and FAO to foster access to water in Nigeria

February 27, 2018 No Comments

Eni and the Food and Agriculture Organization (FAO) have signed yesterday a Collaboration Agreement to foster access to safe and clean water in Nigeria by drilling boreholes powered with photovoltaic systems, both for domestic use and irrigation purposes. The project aims to contribute to the humanitarian interventions for internally displaced persons (IDPs) and host communities, […]

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