Oil & gas news
Thousands of coal miners facing job uncertainty in Indonesia
Coal miners in Indonesia’s East Kalimantan province are being left in limbo as production idles while prices on the international markets drop.
RINA Group wins Greek LNG terminal expansion contract
RINA Group is to carry out the design and safety assessment for the expansion of the LNG Revithoussa Terminal near Athens.
UK industry body calls for new coal strategy
The Association of UK Coal Importers has called for a new coal strategy to complement the Government’s gas strategy.
DNV & JIP launches Ice design framework
Joint Industry Project led by DNV has developed a new framework for developing floating structures which can operate in icy conditions.
Vale announces US$ 16.3 billion investment budget for 2013
Vale’s board of directors has approved a US$ 16.3 billion investment budget for project execution, sustaining existing operations and R&D.
Changes ahead
Kirk K. Van Tine, Partner, Jessica Fore, Senior Associate, and Kyle Wamstad, Associate, Baker Botts, L.L.P., USA, explain pipeline safety and risk assessment developments in the US.
Anglo American and contractors reiterate health and safety initiative
Anglo American has brought together leaders from more than 60 of its contracting companies to jointly plan how to improve the health and welfare of contract workers at its operations.
Tentative and tempestuous 2012
A year of variation, economic troubles and a wealth of enterprises. Dr. Hooman Peimani provides a global report on pipeline activity in 2012.
German mining equipment manufacturers expect 20% more turnover
Despite the financial and sovereign debt crisis, German mining equipment manufacturers have posted a record sales growth of 27% for 2011. The German Engineering Federation (VDMA) expects turnover to grow by a further 20% to € 5.8 billion in 2012.
Spectrum commences Potigar 2D Multi-Client survey in Brazil
Spectrum to survey Potigar Basin, offshore Brazil.