Eleven leading companies in Europe have joined forces in the newly established North Sea Power to Gas Platform to further develop the concept of Power-to-Gas (P2G): the conversion of renewable power into gas. P2G will play an increasingly important role in our future energy system, as it reduces temporal surpluses of renewable power by converting [...]
Qatargas has completed eleven years of operations on its offshore facilities without a Lost Time Accident (LTA) – a significant milestone demonstrating the company’s outstanding safety performance. Comprising nine offshore platforms, the Qatargas Offshore facilities supply gas and condensate to the onshore liquefaction plant at Ras Laffan, the largest in the world, with a production [...]
Vantage Drilling, a Cayman Islands exempted offshore drilling contractor reports a net loss for the three months ended December 31, 2012 of $11.5 million or ($0.04) per diluted share excluding approximately $122.1 million of charges for the early retirement of debt, as compared to a net loss of $9.3 million or ($0.03) per diluted share [...]
Ramboll’s revenue grew by 11% to DKK 3.9 billion during the first six months of 2012. Operating profit before goodwill amortisation (EBITA) was DKK 231 million, which was 63% higher than the same period last year. Denmark’s Ramboll achieved all-time high revenue of DKK 3,886 million during the first six months of 2012 (DKK 3,504 [...]
OSX was hired by Kingfish do Brasil Navegação S/A to build 11 medium range tankers, with 45,000 DWT (Deadweight Tonnage) each, for transportation of oil and clear products. These vessels shall be chartered by Kingfish to Petrobras. The approximate total value of the shipbuilding contract between Kingfish and OSX is US$ 732 million with deliveries [...]
The international offshore rig count for February 2012 was 320, up 13 from the 307 counted in January 2012 and up 11 from the 309 counted in February 2011.
CNOOC Limited , the major Hong Kong listed subsidiary of China National Offshore Oil Corporation today announces a summary of the Company’s business strategy and development plan for the year 2012. The total targeted net production of the Company in 2012 is 330 to 340 million barrels of oil equivalent (BOE). The Company’s net production [...]
![The Netherlands: Dockwise Announces 11 Contract Awards Worth USD 42 Million]()
Dockwise Ltd. announces 11 awards totaling USD 42 million, all for execution in Q2 and Q3 2011. The USD 42 million comprises contracts for transportation of dredging equipment to Spain and Uruguay, a Power Barge and jack-up barges to the Dominican Republic and Egypt, jack-up rigs to Gabon, Mexico and Trinidad, a semi-submersible to Vietnam [...]
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![UK: RBG Celebrates 11 Years Without Lost Time Incident on Triton FPSO]()
RBG has achieved 11 years, and more than 500,000 man hours, without a lost time incident (LTI) on theTriton FPSO in the North Sea. Contracted by Wood Group, RBG has delivered its expert fabric maintenance support including access solutions and specialist cleaning mechanical services since 2000. The achievement marks the latest milestone in the [...]
![Qatar to Invest “Tens of Billions” into Oil and Gas Projects Over 11 Years]()
Qatar is planning to pump a staggering $170 billion into projects in the next 11 years and nearly $140 billion will be allocated for … Source: Emirates247 Source: Emirates247, March 15, 2011;
