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OMV Restarts Work At Tunisian Nawara Gas Project After Blockade Ends

OMV restarts work at its Nawara natural gas project in southern Tunisia.
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Britain's Reliance On Imported Gas To Jump As Giant Storage Site Axed

Britain is set to lose its largest natural gas storage site, increasing the country's reliance on imported energy, after Centrica said it would close its ageing Rough facility.
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Alaska Field Hits 40 Years of Production

The BP-operated Prudhoe Bay oil field in Alaska reaches 40 years of production, generating more than 12.5 billion barrels of oil in the process.
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BLOG: Day Of Reckoning in 2018? US Rig Count Poised For Loss

E&Ps' continued austerity, coupled with swelling oilfield service costs, will choke off the US rig count surge and bring down as many as 100 rigs by the end of 2017, analysts at Barclays say.
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New UK Training Center to Create Jobs

Training specialist Stream Marine Training confirms its commitment to establish a new maritime and offshore training center in Wirral, UK.
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Canada Oil, Gas Assets Beat US in Clash for Foreign Cash

As energy mergers and acquisitions activity in North America heats up, Canada's attitude toward foreign investors welcomes cash from China, other nations.
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Doubling Up In Russian Republic

The first GE 9HA gas turbine in the Russia/CIS region entered into operation at a power plant in Kazan, the capital of Russia’s Republic of Tatarstan. The new 405 MW power unit will double the Kazan CHP-3 power plant’s current generating capacity from 385 MW to a new total of 790 MW. The commissioning ceremony

The post Doubling Up In Russian Republic appeared first on Diesel & Gas Turbine Worldwide.

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A Change Is In The Air

This article was originally published in the May issue of COMPRESSORtech2. Get every issue in your inbox/mailbox and access to our digital archives with a free subscription. Alfa Laval Air-Cooled Exchangers, historically known as ACE, is undergoing a major transformation. ACE, founded in 1964, enjoyed nearly five decades of success in the manufacture of air-cooled […]

The post A Change Is In The Air appeared first on COMPRESSORtech2.

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New Tankers To Get MAN Power

Norway’s Knutsen OAS Shipping has ordered four MAN B&W 5G70ME-GI engines with exhaust gas recirculation (EGR) systems in connection with the construction of two 180 000 m3  liquefied natural gas (LNG) tanker newbuildings. Upon delivery in 2020, the vessels will transport cargoes worldwide for two Spanish utility companies. MAN said the order follows the increasingly

The post New Tankers To Get MAN Power appeared first on Diesel & Gas Turbine Worldwide.

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Rosneft Discovers Hydrocarbons on Eastern Arctic Shelf

Rosneft discoveres hydrocarbon deposits on the Eastern Arctic shelf.
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Mexico Whets Foreign Oil, Gas Appetite: Awards 10 Shallow Water GOM Blocks

Mexico's Gulf of Mexico shallow water auction nets 10 bids on 15 blocks June 19 - an amazing result for Mexico, analysts say.
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Oil And Gas Producer EQT To Buy Rice Energy In $6.7B Deal

EQT to buy Rice Energy for $6.7 billion in its biggest deal ever, as it looks to expand its natural gas business.
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Mexico Oil Sector Accidents Raise Doubts About Deep Water Exploration

As Mexico opens its energy market to more private investment, the country's drive to exploit untapped deepwater oil riches has raised safety concerns.
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Oil Falls To 7-Month Low On More Signs Of Growing Crude Glut

Oil prices fell about 1 percent to a seven-month low.
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China's 2017 Crude Oil Quotas Exceed Last Year's, Teapots Take A Cut

China last week issued a second batch of crude oil import quotas under the so-called "non-state trade" that is higher than for all of the allowances in 2016.
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OGA Announces Measures to Stimulate UKCS Interest

The Oil and Gas Authority (OGA) announces a number of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS).
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Innovators Toil To Revive Canada Oil Sands As Majors Exit

In the boreal forests and on the remote prairies of Alberta, a handful of firms are running pilot projects they hope will end a two-decade drought in innovation.
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Woodmac: Only the 'Very Best' Projects Sanctioned

Only the very best deepwater projects have been sanctioned during the oil price downturn, which speaks volumes of the Liza field's potential.
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IEA: Carbon Capture Needed In Climate Change Fight

Carbon capture and storage is gradually gaining government attention after being overtaken by investment in wind and solar energy, with the IEA saying the technology will be crucial.
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Malaysia's Sapura Energy Q1 Profit Falls On Taxes, Weak Drilling

Malaysia's largest oil and gas services firm, Sapura Energy Bhd, posted a 75% drop in its Q1 net profit.
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