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Sembcorp Marine’s Floating Storage and Offloading vessel with a 40-year hull lifespan

Sembcorp Marine’s Floating Storage and Offloading vessel with a 40-year hull lifespan

May 9, 2018 No Comments

FSO Ailsa, the world’s first Floating Storage and Offloading (FSO) vessel with a 40-year hull lifespan, will set sail next month for the Culzean gas field in the UK North Sea. Newly completed at the Sembcorp Marine Tuas Boulevard Yard for MODEC, a leading specialist of offshore oil and gas floating production systems, and with […]

Castle Harlan’s acquisition of Exterran Corp.’s Oil and Gas  Production Assets in N. America

Castle Harlan’s acquisition of Exterran Corp.’s Oil and Gas Production Assets in N. America

April 23, 2018 No Comments

Calash, the energy sector consultancy, is pleased to have advised the New York private equity investment firm Castle Harlan in their recent acquisition of Exterran Corporation’s Oil and Gas Production Equipment Assets in North America Creating “Titan Production Equipment”. Calash undertook a comprehensive commercial due diligence exercise for Castle Harlan, supporting their investment in Titan […]

Cisco , Roue and Wood,open oil and gas center in Mexico

Cisco , Roue and Wood,open oil and gas center in Mexico

April 20, 2018 No Comments

Wood, a global leader in the delivery of project, engineering and technical services to energy and industrial markets, Cisco and Roue Consultores have participated in the opening of a new, first of its kind, Oil and Gas Advanced Technology Center (ATC) located in Wood’s operations center in Naucalpan, Estado de Mexico. The Oil and Gas […]

Mitsui Announce Takeover Offer to Acquire AWE Limited

Mitsui Announce Takeover Offer to Acquire AWE Limited

April 18, 2018 No Comments

Mitsui & Co., Ltd. announced that it has further extended the expiry period of its takeover offer of A$0.95 cash per share for all of the issued shares of AWE Limited (the “Offer”), which was announced in “Takeover Offer to Acquire AWE Limited, an Oil and Gas Company in Australia” dated 5 February, 2018, “Notification […]

BP sets out its commitment to a low carbon future

BP sets out its commitment to a low carbon future

April 17, 2018 No Comments

BP published a new report setting out its commitment to a low carbon future and to helping meet the dual challenge of providing the increasing energy the world demands while at the same time working to reduce greenhouse gas emissions. Report details BP’s low carbon plans Clear framework for delivering low carbon commitment Near-term, specific […]

Seabed secures 3D OBS survey contract

Seabed secures 3D OBS survey contract

April 17, 2018 No Comments

Seabed Geosolutions has received a contract award for an ocean bottom seismic project in the Middle East. The survey to acquire high quality 3D seismic data, which has a contract value of around US$25 million, is planned to commence in the fourth quarter of 2018. Seabed Geosolutions is a joint venture between Fugro and CGG. […]

IEA is holding governments back on climate policy

IEA is holding governments back on climate policy

April 9, 2018 No Comments

Through its energy forecasts, the International Energy Agency (IEA) has been guiding governments towards energy decisions that are inconsistent with the goals of the Paris Climate Agreement, new research has found. The IEA’s “New Policy Scenario (NPS)” is commonly used as a roadmap for energy policies and investments, and sees increasing consumption of oil, gas […]

Nigeria Oil and Gas Field Machinery Market Forecast To 2025

April 6, 2018 No Comments

The “The Future of Nigeria Oil and Gas Field Machinery Markets to 2025” report has been added to ResearchAndMarkets.com’s offering. “The Future of Nigeria Oil and Gas Field Machinery Markets to 2025” Nigeria Oil and Gas Field Machinery market is expected to witness a strong growth rate in the medium to long term future. Driven […]

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Faroe announces significant gas/condensate discoveries

Faroe announces significant gas/condensate discoveries

April 4, 2018 No Comments

Faroe Petroleum announced significant discoveries in both the Hades and Iris prospects in licence PL 644 B (Faroe 20%), located in the Norwegian Sea. The exploration well 6506/11-10 targeted two formations: the Cretaceous Hades prospect and the Jurassic Iris prospect located directly underneath. The well has been drilled to a total depth of 4,536 metres […]

Repsol Selects Emerson for Multi-Year Exploration Technology Contract

Repsol Selects Emerson for Multi-Year Exploration Technology Contract

March 28, 2018 No Comments

Emerson (NYSE: EMR) announced today it has signed a multi-year contract with Repsol to provide its Paradigm® Exploration & Production (E&P) software suite across all Repsol global exploration operations to help identify and evaluate new and existing opportunities more accurately. “Implementing Emerson’s E&P software suite across our global exploration program will increase efficiencies, reduce costs […]

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