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Oil & gas news

BNK Petroleum acquires Spanish shale acreage

Trofagas Hidrocarburos, S.L., a wholly owned subsidiary of BNK Petroleum Inc., has been awarded an oil and gas concession totalling approximately 234,000 acres located mainly in the autonomous community of Castile and Leon, Spain.

 
 
 
 

Implications of Absheron

The Caspian Sea is a region with enormous potential for oil and gas exploration and production, but there are significant obstacles to overcome first.

 
 
 
 
 

Kawasaki wins Prelude contract

Kawasaki Heavy Industries, Ltd. has been awarded a contract by Technip to supply 7 units of boilers for Shell’s floating LNG facility Prelude, the world’s first Floating LNG facility, The boilers to be supplied by Kawasaki are the largest ever in the capacity for marine use.