Drilling & production

For many industry and government leaders, the evolution to the smart grid seems inevitable. But without similar progress on security, the industry faces major challenges.

McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 in. in diameter, in Mexico’s Bay of Campeche.

Shell has given notice to a Technip Samsung Consortium (TSC) to proceed with the construction of the first FLNG facility in the world.

Aker Solutions has won two contracts worth approximately 120 million NOK, from CQG Oil & Gas Contractors Inc. and CCI Oil & Gas Contractors Inc., for the supply of offloading systems to two FPSOs in the Brazilian market.

Laura Severs, Edmonton Economic Development Corporation, Canada, discusses the Edmonton service area and its growing status as the world’s most politically stable oil reserves.

Stena Bulk has bought three LNG tankers from the Taiwan-based shipping company TMT for a total of US$ 700 million.

Torresol Energy, a joint venture between Masdar and SENER, announced today the commissioning of its flagship 19.9MW Gemasolar Concentrated Solar Power (CSP) plant in Seville, Spain.

Is there a risk that Papua New Guinea's newfound LNG wealth could be a fuel for civil disorder as rival groups scramble for control of resources?

During the past few years, renewable energy has continued to rise in prominence and represents a growing piece of today’s global energy market, fuelled by greener politics and the need to improve energy supply and mitigate environmental risk.

Shell is planning to build the world’s largest offshore floating facility. The FLNG facility will be sited 200 km offshore Australia.

The prospect of renewables taking a greater share of the energy mix, as well as additional demand from electric vehicles, poses utilities with a major challenge, say industry experts.

Nacap sold to Habau; business efforts to be combined.

China has started rationing electricity in an attempt to avoid an energy shortage in the country.

Eight miners trapped underground for over seven hours have been freed in western Colombia.

The sale of these interests is part of BP's plan, announced in July 2010, to divest up to $30 billion of assets by the end of 2011. Before today's agreement, BP had already announced sales agreements totalling around US$ 25 billion.