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Home/News/Oil & gas news

Oil & gas news

Browse the latest oil & gas news news and articles.

Petrobras has awarded GE a US$ 200 million subsea contract
16 Jun 20112 min read

Petrobras has awarded GE a US$ 200 million subsea contract

GE Oil & Gas has announced that its Wellstream business, acquired in March, has been awarded a long-term, flexible pipe and subsea equipment logistics services contract by Petrobras). The long-term contract is initially valued in excess of US$ 200 million.

Chevron awarded 5 year shale exploration permit in Bulgaria
16 Jun 20111 min read

Chevron awarded 5 year shale exploration permit in Bulgaria

Chevron has been awarded a five year permit worth € 50 million (£71.87 million) to explore a huge shale gas play in Northeastern Bulgaria.

Arch Coal completes acquisition of International Coal Group
15 Jun 20116 min read

Arch Coal completes acquisition of International Coal Group

Arch Coal Inc. has announced that it has completed its acquisition of International Coal Group Inc.

Wheatstone LNG project gets conditional environmental approval
15 Jun 20112 min read

Wheatstone LNG project gets conditional environmental approval

Chevron’s Wheatstone LNG project has received conditional environmental approval from the EPA, paving the way for the project to get off the ground.

Study demonstrates CCS is efficient and cost competitive
14 Jun 20112 min read

Study demonstrates CCS is efficient and cost competitive

Alstom Power unveils the results of a study that proves CCS is an increasingly valid option for reducing CO2 emissions.

Saipem awarded new E&C offshore contracts worth in excess of US$ 1 billion
14 Jun 20112 min read

Saipem awarded new E&C offshore contracts worth in excess of US$ 1 billion

Saipem has been awarded new E&C offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of US$ 1 billion.

Hyundai has won an order for two FSRUs from Hoegh LNG
14 Jun 20112 min read

Hyundai has won an order for two FSRUs from Hoegh LNG

Hyundai Heavy Industries, the world’s biggest shipbuilder, has clinched a US$ 500 million order to build the world’s first two new LNG FSRU for Hoegh LNG.

Qatargas delivers its first LNG cargo to Thailand’s first LNG terminal
13 Jun 20112 min read

Qatargas delivers its first LNG cargo to Thailand’s first LNG terminal

Qatargas has delivered its first ever LNG cargo to Thailand. The cargo was delivered to the Map Ta Phut LNG terminal by the LNG carrier Golar Viking.

Coal, Cost and Culture: Work Teams and Expectations for Teamwork
10 Jun 20113 min read

Coal, Cost and Culture: Work Teams and Expectations for Teamwork

June 2011: Does your site have work groups where several people are required to ‘manage the work’ without supervisor oversight at every minute? Are there multiple supervisors that jointly share responsibility for overseeing the work of more than one crew? Do you oversee such a group or work area? Then this article is for you.

Petrobras make oil discovery in the Espírito Santo Basin, Brazil
10 Jun 20111 min read

Petrobras make oil discovery in the Espírito Santo Basin, Brazil

Petrobras announces the discovery of a new oil accumulation in the Cretaceous reservoirs of the Espírito Santo Basin.

Exxonmobil makes major discoveries in Gulf of Mexico
9 Jun 20112 min read

Exxonmobil makes major discoveries in Gulf of Mexico

Exxon Mobil Corporation today announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company's first post-moratorium deepwater exploration well.

Total selling pipeline stake to Silex Gas Norway AS
9 Jun 20112 min read

Total selling pipeline stake to Silex Gas Norway AS

Total is to sell its entire stake in Gassled to Silex Gas Norway AS, a wholly owned subsidiary of Allianz, for a price of NOK 4.64 billion (approximately US$ 870 million).

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