Oil & gas news
UK winter gas prices and supply
Thomson Reuters Point Carbon has released a report outlining expectations for UK gas prices and supply this winter.
Rolls-Royce awarded US$ 138 million energy services contract by Petrobras
Rolls-Royce has been awarded a US$ 138 million, five-year services contract by Petrobras, to support its oil production activities offshore Brazil.
Russia needs investment to exploit oil and LNG
Wood Mackenzie reports that investment from international oil companies is key to Russia’s plans to exploit tight oil, LNG and Arctic projects.
BP adds two drilling rigs in deepwater Gulf of Mexico
Nation’s largest energy investor reaches company record nine rigs, highlighting commitment to this key US offshore basin.
McDermott’s subsea construction vessel NO102 chartered by Petrobras
McDermott’s subsea construction vessel NO102 will carry out deepwater umbilical and flexible pipe installation offshore Brazil for Petrobras.
Offshore support for GAC Shipping
GAC Shipping has opened a new office in Galliano, Louisiana, in response to the increase in offshore oil and gas activity.
Tax incentives to boost Malaysian oil production
While tax incentives are set to boost oil production in Malaysia, further fiscal changes are unlikely in the short term.
Wood Group continues investment in arctic technology development
Wood Group has renewed its sponsorship of the Wood Group Chair of Arctic and Harsh Environment Engineering at MUN for a second five-year term.
Japanese coal and LNG demand rises
Japan’s major power utilities consumed 16.3% less oil in October than last year, as the country’s use of LNG and coal increased.
SCAP: specialist coatings – application and process
Researchers at Edinburgh Napier University have completed a project that studied the feasibility of applying a new coating process to the oil and gas industry.