Feeds

More Offshore Drilling Firms Likely to Face Similar Situation to Ocean Rig

Many offshore drilling companies are facing a similar situation to Ocean Rig, which filed for Chapter 15 bankruptcy protection in the US Tuesday, and it is likely that more will follow suit.
Read more...
 

Energy Companies May Pay US More to Drill, Mine on Public Land

Energy companies could pay the US government higher royalties for oil, gas and other resources extracted from public land, under a review Interior Secretary Ryan Zinke authorized.
Read more...
 

Egypt To Halve Arrears With Oil Companies In Coming Weeks

Egypt expects to cut the $3.5 billion euros it owes to international oil companies by around half in coming weeks, the Egyptian oil minister says.
Read more...
 

If The Foundations Be Shaken

This article was originally published in the December, 2016 issue of COMPRESSORtech2. Subscribe for free to receive every issue in your mailbox or your inbox. In the mid 1900s, reciprocating compressor foundations were expected to last 20 to 30 years. However, many of the machines installed in the 1960s or 70s are still running on […]
Read more...
 

Wärtsilä Consortium Supplying Five Power Plants

  Wärtsilä and Indonesian construction company PT PP (Persero) Tbk, were contracted to supply five power plants, totaling 255 MW, to PT PLN, the Indonesian state utility. The consortium will be responsible for the complete engineering, procurement & construction (EPC) of the projects, and will also operate and maintain the power plants for a five-year

The post Wärtsilä Consortium Supplying Five Power Plants appeared first on Diesel & Gas Turbine Worldwide.

Read more...
 

GE To Upgrade Chinese Turbines

GE’s Power Services signed will provide Advanced Gas Path (AGP) upgrades for two GE 9FA gas turbines at the Caojing combined-cycle power station in China, marking the company’s first 9FA AGP upgrade in the country. The deal will help increase the output and efficiency of the 790 MW plant—the largest industrial cogeneration facility in Shanghai.

The post GE To Upgrade Chinese Turbines appeared first on Diesel & Gas Turbine Worldwide.

Read more...
 

Sparrows Group Teams in Australia to Deliver Ichthys Services Contract

Sparrows Group has secured a three year contract to deliver fixed crane maintenance and lifting and rigging services for the INPEX-operated Ichthys liquefied natural gas (LNG) project in Australia.
Read more...
 

Oil Jumps On Libyan Disruption, OPEC Deal Extension Hopes

Oil prices rose as much as 2 percent after a severe disruption to Libyan oil supplies.
Read more...
 

Petrofac Wins $1.3B Contract In Kuwait

Petrofac Ltd says Kuwait Oil Co had awarded the company a $1.3 billion engineering, procurement and construction contract for the Burgan oil field in south-east Kuwait.
Read more...
 

BLOG: Brexit Likely to Have Direct Impact on UK Oil, Gas Industry

Brexit is likely to affect the UK oil and gas sector, says professor at Robert Gordon University.
Read more...
 

PDVSA Said to Be Preparing for Exit of President Del Pino

Petroleos de Venezuela SA is preparing for the departure of its president Eulogio Del Pino.
Read more...
 

Canada First Nation Makes History with LNG Vote

Sarita LNG would source natural gas from northeastern British Columbia and northwestern Alberta via existing and new pipelines.
Read more...
 

Scottish Offshore Service Provider Praised by Charity Group

Trinity International Services, a Scottish independent offshore catering provider, has been named as one of Scottish charity Erskine's 100 Heroes for 100 Years.
Read more...
 

Russia Plans $113 Billion Total Spend on Dozens of Oil, Gas Projects

The former Soviet Union nation intends to spend $43 billion by 2025 to launch 29 oil and gas projects, according to GlobalData's research.
Read more...
 

Right Fiscal Regime Needed for Hurricane Discovery to Create Jobs

The right fiscal regime needs to be in place for new discoveries, like Hurricane Energy plc's 'significant' find, to create jobs.
Read more...
 

Trump Signs Order Sweeping Away Obama-Era Climate Policies

US President Donald Trump signs an executive order to undo a slew of Obama-era climate change regulations that his administration says is hobbling oil drillers and coal miners.
Read more...
 

Libya's Oil Output Down 252,000 Bpd Due To Armed Protests

Production at the western Libyan fields of Sharara and Wafa has been blocked by armed factions, reducing output by 252,000 barrels per day.
Read more...
 

Saudi Arabia's Tax Cuts Boost Aramco Value By $1 Trillion

Saudi Aramco CEO Amin Nasser says slashing the tax rate for the petroleum industry from 85 to 50% brings the company in line with international benchmarks.
Read more...
 

Genel Shares Hit All-Time Low As Oil Reserves Disappear

Genel Energy's market value collapses to an all-time low after it said for a second time that its flagship oilfield contains less crude than expected.
Read more...
 

Rig Contractor Ocean RIG Files For Bankruptcy Protection In US

Ocean RIG UDW filed for Chapter 15 bankruptcy protection in a US court.
Read more...
 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10