Oil & gas news
Mitsui acquires interest in Kipper gas and condensate field
Mitsui & Co. Ltd has stated that it has reached an agreement with Santos Ltd regarding the acquisition of the Santos’ 35% working interest in the Kipper gas and condensate field.
Hansen Protection and Statoil agreement
Extending its previous contract with Statoil, Hansen Protection is to deliver several hundred thousand survival suits over the next seven years.
Aegean Marine Petroleum Network Inc. secures new financing for Fujairah oil terminal
Aegean Marine Petroleum Network Inc. has announced that it has entered into a new US$120 million credit facility for its wholly-owned subsidiary, Aegean Oil Terminal Corp. arranged by local United Arab Emirates banks.
Saudi Aramco demonstrates track-record of energy efficiency and carbon management
Global energy ministers from the CSLF gathered at Saudi Aramco headquarters today.
Wärtsilä power plants now capable of running on propane
Propane used as fuel for power generation.
Reduced equity share at Agbami following redetermination
Statoil has received an Expert calculation of revised tract participations for the Agbami field in Nigeria.
Amerisur Resources update on Loto-2
Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, has provided an update on well Loto-2 in the CPO-5 contract area, Colombia.
Technip tackles the downturn
Speaking at a press briefing in London on Tuesday, CEOs of Technip, Genesis and Forsys Subsea discuss the benefits of collaboration in the offshore industry.
Kværner Q3 2015 results
Kværner releases financial results for the third quarter of 2015.
Global Tubing’s Permian Basin service centre open for business
The service centre is located to support coiled tubing and coiled line pipe customers operating in West Texas, New Mexico and Southwest Oklahoma.