Oil & gas news
Ncondezi and Rio Tinto partner up for Mozambique infrastructure agreement
Ncondezi Coal Co. Ltd, a coal exploration and development company with coal assets in Mozambique, has announced the signing of a new rail and port infrastructure agreement as part of its strategy to export coal from its Ncondezi project.
World’s first tidal energy turbine given the all clear
The SeaGen tidal energy turbine at Strangford Lough has been given the all clear by environmental scientists.
Oman Drydock receives its first LNG carrier
Oman Drydock Company has recently received its first LNG carrier and is set for commercial launch in February.
Rolls-Royce wins order for Malaysian offshore gas field
Rolls-Royce has won an order to supply gas turbine and compression equipment for the Tapis oil and gas field, offshore Malaysia. The equipment will be utilised by ExxonMobil Exploration and Production Malaysia (EMEPMI) to expand and extend the production of the field.
South Carolina on oil and natural gas development
Nearly 80% of South Carolina voters favour more oil and natural gas development.
World’s largest wave farm to be developed on Scottish coast
A joint venture between Alstom and SSE Renewables is set to develop the world’s largest wave farm off the coast of Scotland.
US in talks with South Korea over Iranian oil sanctions
Senior US officials meet with South Korean leaders to discuss reducing purchases of Iranian oil.
Mergers and Acquisitions in the Coal Industry
McLanahan Corp. acquire Universal Engineering and J.H. Fletcher & Co. enter into a distribution agreement with Joy Mining Machinery.
Demand set to push back the frontiers of offshore drilling
A recently released report by GBI Research shows that high demand for hydrocarbons is set to boost offshore drilling in ultra-deepwater and harsh-weather environments.
Anadarko announces largest discovery yet for its Mozambique LNG project
Anadarko Petroleum Corporation today announced its seventh well in the discovery area offshore Mozambique successfully appraised previous discoveries at Lagosta and Camarao.