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Total to Invest in UK College Students

Total will help college students at Heriot-Watt University by investing a minimum of $3.2 million (GBP 2.5 million) in the organization over the next 5 years.
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Oil Contractor Saipem Turns To Wind To Help Counter Downturn

Italy's Saipem is working to expand new lines of business including wind farms to help it cope with a slump in order books among oil services groups.
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Baker Hughes: US Drillers Add Oil Rigs For 14th Week In A Row

US drillers added oil rigs for a 14th week in a row, extending an 11-month recovery.
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Statoil Receives Consent to Drill Well in Barents Sea

Statoil ASA receives consent to drill an exploration well in block 7219 in the Barents Sea, Petroleum Safety Authority Norway has announced.
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US Will Not Issue Drilling Waivers To Russia Sanctions

The US will not make an exception for American companies seeking to drill in areas prohibited by US sanctions on Russia.
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Russian Energy Min Says Oil Market Situation Improving, Surplus Shrinking

Russian Energy Minister Alexander Novak says the oil market is improving with production cuts by OPEC and non-OPEC members.
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Texas Adds Thousands of Oil, Gas Jobs in March

Thanks in part to increasing crude oil prices and exploration and production activity in onshore basins, Texas adds more than 3,000 jobs in March.
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Schlumberger Expects Reactivation Costs To Squeeze Margins

Schlumberger says a ramp up in drilling activity in North America boosted pricing for its services, but the cost of reactivating equipment idled during the downturn dragged down margins.
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US E&P Budgets Rebound, Grow For First Time Since 2014 Downturn

US CAPEX and rig counts to drive production growth of 5% this year; drilling and completion spending to increase by 58% this year, according to Fitch Ratings' modeling.
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Oil Falls Below $50 as Surging US Output Undermines OPEC Cuts

Oil dropped below $50 a barrel as investors lost faith.
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Commodity Weekly: OPEC Rhetoric Fails to Rouse the Bulls

Oil market faces further downside risk if OPEC does not extend output cuts. Cartel rhetoric staves off lower prices in the meantime.
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Aker Owner Roekke Says Aker Solutions, Kvaerner May Do M&A In 2017

Norwegian billionaire investor Kjell Inge Roekke aims to change the ownership of one of more of his companies in the oil services industry this year.
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OGA Urging Industry to Increase Pace of Collaboration

The UK Oil and Gas Authority (OGA) is urging the industry to increase the pace at which licensees develop a culture of collaboration both internally and externally.
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China's CNOOC Tenders 10 Coal Bed Methane Blocks

CNOOC issued a tender offering domestic and foreign companies to bid for 10 coal bed methane blocks in the country.
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Israel's Delek Says Ithaca Shareholders Approve Takeover Bid

Israel's Delek Group says its offer to take over North Sea oil producer Ithaca Energy has been accepted by Ithaca's shareholders.
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EIA: Nat Gas Generators Make Up 42% Of U.S. Generating Capacity

Natural gas continues to be the popular energy choice in the United States. Natural gas-fired generators comprise 42% of the operating electricity generating capacity in the country, according to the U.S. Energy Information Administration (EIA). Natural gas also surpassed coal in 2016 to become the leading generation source for the United States, accounting for 34% […]
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Developments In Combustion Analysis

Imes launched the EPM-XP plus, a further development of its electronic indicator EPM-XP, a battery-powered hand-held electronic device for periodic monitoring of cylinder pressure on two-  and four-stroke diesel engines. Imes said the EPM-XP, available on the market since 2008, was the first electronic indicator that offered automatic P-comp calculation without TDC pick-up, due to

The post Developments In Combustion Analysis appeared first on Diesel & Gas Turbine Worldwide.

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A 3-D Milestone For MAN Diesel & Turbo

MAN Diesel & Turbo announced it is equipping it gas turbines with components produced through additive manufacturing, also known as 3-D printing. “As of now, we are the first manufacturer in the world to use complex 3-D-printed metallic components not only for test runs but also for serial production,” said CEO Dr. Uwe Lauber. “After […]
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Carrier Transicold Expanding Locomotive Offerings With Acquisition

Carrier Transicold, a part of UTC Climate, Controls & Security and a unit of United Technologies Corp., announced it has signed an agreement to acquire the assets of the Auxiliary Power Unit (APU) business of Westport Fuel Systems Inc. for $70 million, subject to certain customary adjustments.  The transaction is expected to close within a

The post Carrier Transicold Expanding Locomotive Offerings With Acquisition appeared first on Diesel & Gas Turbine Worldwide.

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Predix Picked For Power Plant

GE Power and Marubeni Corp., a  Japanese power producer and trading company, signed a recent agreement to deploy GE’s Predix-based digital power plant solutions at its 100 MW Nakasode Clean Power Plant in Sodegaura-city, Chiba Prefecture. Installation will start this month and full operation is slated to begin in March 2018. The Nakasode Clean Power Plant

The post Predix Picked For Power Plant appeared first on Diesel & Gas Turbine Worldwide.

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