Oil & gas news
Total launches Hild field development
Total, operator of the Hild license, has launched the development of this field located in the Norwegian North Sea. This development will represent an investment of US$ 4.2 billion (NOK 25.6 billion) and is subject to the approval of the Norwegian Ministry of Petroleum and Energy and Norwegian Parliament.
Maiden JORC compliant mining reserve reported at Minas Moatize
Beacon Hill Resources Plc., has announced a new find at Minas Moatize.
Patriot Coal idles Big Mountain complex
Patriot Coal Corp. has idled its Big Mountain complex in West Virginia citing weak demand.
Life’s a gas?
Gordon Cope, Contributing Editor, reports on the new sources, new markets and new headaches involved in US natural gas production.
CNPC Unit in deals down-under
Huanqui bought a 19.9% stake in LNG Ltd and signed a new contract with the company.
Aker Solutions acquires Sandnessjøen Engineering
Aker Solutions has acquired Norwegian engineering company Sandnessjøen Engineering.
New subsea pile guiding frame sees project success
A newly developed subsea pile-stabilising template, StabFrame, has successfully completed its first project offshore Brazil.
GE wins over US$ 1 Billion in contracts for Ichthys LNG project
GE Oil & Gas has received contracts totaling more than US$ 1 billion to supply a wide range of equipment and services for the Ichthys LNG project in Australia.
Alstom to provide generators for Zambian dam project
Alstom has won a contract to supply turbines and generators to the new Itezhi-Tezhi hydroelectric dam in Zambia.
Florida favours oil and gas development
An American Petroleum Institute poll has shown that nearly 80% of Florida voters favour more oil and natural gas development.