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Drilling & production

 

CCS: A Status Update

Around the world, governments are tackling carbon emissions head-on with ambitious carbon capture and storage (CCS) programmes and the race is hotting up to lead the world on this relatively new technology and to harness its economic potential.

 
 

UK consuming a third more CO2 than in 1990

New research from Policy Exchange shows that Britain and the EU are only on course to meet international carbon targets because emissions have been ‘off shored’ to countries like China.

 
 

Latin American oil exports

Taryn Evans, Central and Latin America analyst for AKE, examines the stability of US oil imports from Latin America.

 
 

Williams acquires Bakken shale acreage

Williams has acquired 85,800 acres of core Bakken shale from private owners for US$ 925 million, and expects to invest a further US$ 300 million developing the assets.

 
 
 

CB&I awarded FEED contract for Shtokman LNG project

CB&I Lummus has been awarded a FEED contract for the Shtokman LNG storage and loading facility at the seaport in Terriberka in the Murmansk region of the Russian Federation.

 

Foster Wheeler to supply solar steam generator system to Abu Dhabi

Foster Wheeler AG has been awarded a contract to design and supply a solar steam generator system (preheaters, drum-type evaporators, and superheaters) including interconnecting piping, valves, primary I&C, steel structures, and site advisory services for a plant located in Abu Dhabi, UAE.

 

Continental Coal acquires Mashala Resources

Continental Coal’s South African subsidiary has completed the US$ 35 million acquisition of unlisted South African thermal coal mining and export coal producing company, Mashala Resources.