Tag Archive

ENERGY NEWSTRACK TO 12/09/18

ENERGY NEWSTRACK TO 12/09/18

September 12, 2018 No Comments

The price of OPEC basket of fifteen crudes stood at $76.02 a barrel on Tuesday, 11 September 2018, compared with $75.20 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi […]

ABB Boss discusses e-mobility, renewables and energy efficiency with India’s Prime Minister

ABB Boss discusses e-mobility, renewables and energy efficiency with India’s Prime Minister

September 11, 2018 No Comments

ABB CEO Ulrich Spiesshofer met India’s Prime Minister, Narendra Modi, in New Delhi during the MOVE Summit on 7th September. Spiesshofer’s talks with the Prime Minister focused on how ABB can support the government’s renewable energy targets, and accelerate public transportation’s transition to electric power. “By embracing e-mobility now, India can leapfrog other nations and […]

Aker BP and Google

Aker BP and Google

August 31, 2018 No Comments

Aker BP and Google demonstrates how digital solutions has started to reconstruct the oil industry. Watch Aker BP’s CEO, Karl Johnny Hersvik on stage with Google’s Darryl Willis, VP Oil, Gas, and Energy, Google Cloud. They are speaking together and demonstrating Cognite’s data platform at ONS2018 in Stavanger Source / Video : Aker BP Oil […]

Kosmos Energy Acqires  Deep Gulf Energy for $1.225 Billion

Kosmos Energy Acqires Deep Gulf Energy for $1.225 Billion

August 7, 2018 No Comments

Kosmos Energy announced that the company has entered into an agreement to acquire Deep Gulf Energy (“DGE”)1, a leading deepwater company operating in the Gulf of Mexico, from First Reserve and other shareholders for a total consideration of $1.225 billion, subject to certain adjustments. By acquiring DGE, Kosmos adds to its deepwater Atlantic Margin portfolio […]

TEPCO & MHPS Launch Digital Solution Service

TEPCO & MHPS Launch Digital Solution Service

July 13, 2018 No Comments

TEPCO Fuel & Power, Inc. (TEPCO FP) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have begun providing a digital solution service for the Pagbilao Power Station(1) operated by TeaM Energy Corporation in the Philippines. TEPCO FP and MHPS have been working towards commercialization of operations and maintenance (O&M) solutions services for power plants since concluding […]

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 […]

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