The U.S.-U.A.E. Business Council hosted a dinner on Sunday in Houston honoring visiting senior Emirati delegations, which included many representatives from the Abu Dhabi National Oil Company (ADNOC) and its subsidiaries as well as the Abu Dhabi Chamber of Commerce & Industry (ADCCI). The event took place on the eve of the launch of the [...]
Over the next five years, Quest expects an 88% growth in floating production system (FPS) award levels illustrating a strong resurgence of investment in high-capital, major deep water developments. This growth coupled with current high levels of offshore rig construction will buoy oil & gas related utilization of major offshore fabrication shipyards to record levels. [...]
April 25, 2013 | Posted in
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General Electric announced that it will build a new Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector and bringing products to market faster. The new facility, which is GE Research’s first sector-specific Center, represents a $110 million investment by the company and will result in [...]
April 4, 2013 | Posted in
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While gas demand in Europe will struggle to recover to pre-financial crisis levels until the latter half of this decade, overall global gas demand continues to grow strongly, Ben Hollins, Head of Gas & Power Research for Wood Mackenzie told delegates in a presentation at FLAME 2013 in Amsterdam. In fact, Wood Mackenzie forecasts that [...]
While gas demand in Europe will struggle to recover to pre-financial crisis levels until the latter half of this decade, overall global gas demand continues to grow strongly, Ben Hollins, Head of Gas & Power Research for Wood Mackenzie told delegates in a presentation at FLAME 2013 in Amsterdam today. In fact, Wood Mackenzie forecasts [...]
March 12, 2013 | Posted in
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Former Chancellor Alistair Darling will be the keynote speaker, alongside European Commissioner for Energy Gunther Oettinger and chief executive officer of Maersk Oil, Jakob Thomasen, at an annual energy dinner to be held in Aberdeen this week. The Rt. Hon Alistair Darling MP, who led the Exchequer from 2007 to 2010 under the last Labour [...]
Global Petroleum Limited , the oil and gas exploration company presently focused on emerging plays in Africa, today announces that a data room has been opened for selected prospective partners. Global previously announced on 31 October 2012 in its quarterly Report its intention to farm down the 85% interest which Global holds in its Namibian [...]
Norway’s Electromagnetic Geoservices ASA (EMGS) today signed a three-year global frame agreement with Shell International Exploration & Production B.V. (Shell) for the provision of 3D electromagnetic (EM) services. Roar Bekker, EMGS chief executive officer, commented: “We are pleased to enter into this agreement with such an experienced user of EM technology. Shell was one of [...]
Leading international subsea equipment solutions specialist Ashtead Technology Offshore today announced that it has appointed an agent in the Middle East to support its continuing global expansion. The Aberdeen-headquartered company has completed an agreement with Abu Dhabi-based Technical Equipment Services (TES) who will promote Ashtead Technology’s full rental equipment range to its customers in the [...]
Norway’s oil giant Statoil today announced that the Gudrun platform deck arrived at Haugesund on Tuesday, after a month-long voyage from Thailand. The platform will now be assembled on land, with building blocks from three continents. Statoil is slated to deliver 2.5 million barrels of oil equivalents per day in 2020. Realising the project portfolio [...]
