Tag Archive

Nigeria-Morocco Gas Pipeline project

Nigeria-Morocco Gas Pipeline project

August 15, 2019 No Comments

The Nigeria-Morocco Gas Pipeline (NMGP) project would open new vistas for Nigeria’s gas aspirations, the Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said. Mallam Kyari disclosed this Tuesday in Abuja at a stakeholders’ engagement involving the corporation, its Moroccan partner on the Gas Project, the Morocco National Office for […]

Kvaerner Awarded contract in new onshore market

Kvaerner Awarded contract in new onshore market

February 27, 2019 No Comments

Kvaerner has been awarded a contract for installation of new equipment for the production line B at Hydro’s aluminium plant in Husnes, Norway. The assignment from Hydro marks a key step in Kvaerner’s strategy to grow in markets also outside the oil industry. The new contract is worth approximately NOK 200 million and the work […]

TechnipFMC Awarded EPCI Contract in Brazil

TechnipFMC Awarded EPCI Contract in Brazil

February 6, 2019 No Comments

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), a large engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field, located in the Santos Basin, at 2,100 meters of water depth offshore […]

Total and Sempra Energy sign Memorandum of Understanding

Total and Sempra Energy sign Memorandum of Understanding

November 5, 2018 No Comments

Sempra Energy (NYSE: SRE) and Total S.A. (NYSE: TOT) today announced that they have entered into a Memorandum of Understanding (MOU) that provides the framework for cooperation in the development of North American liquefied natural gas (LNG) export projects. The scope of MOU covers continuing the development of the Cameron LNG liquefaction-export project in Louisiana […]

Cancellation of the Renewable Jet Fuel project in Geneva Airport

Cancellation of the Renewable Jet Fuel project in Geneva Airport

August 21, 2018 No Comments

As announced at the end of 2017, Geneva Airport aspired to replace 1% of the conventional jet fuel used for aircrafts with renewable jet fuel in a pilot project with Neste, the leading renewable fuels company. A case for project facilitation funding was made to the Swiss authorities, which after a long period of consultation, […]

CNRL Announces 1 Billion Barrel Production Milestone

CNRL Announces 1 Billion Barrel Production Milestone

July 19, 2018 No Comments

Canadian Natural Resources Limited (“Canadian Natural”), as operator of the Jackpine and Muskeg River mines at the Athabasca Oil Sands Project (“AOSP”), announced that the AOSP has achieved a mined production milestone of 1 billion barrels since operations began in 2003. Canadian Natural’s President Tim McKay stated, “This is a significant milestone and demonstrates the […]

Wood Announce Final results for the year to December 2017

Wood Announce Final results for the year to December 2017

March 20, 2018 No Comments

Financial results for 2017 ahead of guidance on a reported basis and in line on a proforma basis Highlights; Relatively resilient performance despite continued challenging conditions in core oil & gas markets Integration progressing at pace. Annualised cost synergies delivery of greater than $40m to date, earlier than plan. Remain confident of delivering at least […]

Tullow and Eco Atlantic commit to Orinduik project, Guyana

Tullow and Eco Atlantic commit to Orinduik project, Guyana

January 18, 2018 No Comments

Exploration partners Tullow Oil plc (LON:TLW) and Eco (Atlantic) Oil & Gas Ltd (LON:ECO, CVE:EOG) have decided to take forward the Orinduik project, offshore Guyana, into Phase Two of its licence. It means the partners are committing to a new programme of seismic exploration, to gather at least 1,000 square kilometres of 3D data, though […]

Chevron Reports Third Quarter Net Income of $2.0 Billion

Chevron Reports Third Quarter Net Income of $2.0 Billion

October 27, 2017 No Comments

Chevron Corporation (NYSE: CVX) today reported earnings of $2.0 billion ($1.03 per share – diluted) for third quarter 2017, compared with $1.3 billion ($0.68 per share – diluted) in the third quarter of 2016. Included in the quarter was a gain on an asset sale of $675 million and an asset write-off of $220 million. […]

innogy acquires Statkraft’s share in Triton Knoll offshore wind project

innogy acquires Statkraft’s share in Triton Knoll offshore wind project

October 11, 2017 No Comments

innogy and Statkraft have completed an agreement under which innogy has acquired Statkraft’s 50 per cent share in the offshore wind project Triton Knoll. With the acquisition of Statkraft’s share, innogy has become its sole owner. Both sides have agreed to maintain confidentiality regarding the purchase price. Triton Knoll is an offshore wind project with […]

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