Oil & gas news
CNOOC contract Intergraph to manage engineering data
CNOOC, the largest offshore oil and gas producer in China, has selected Intergraph SmartPlant Foundation to manage the engineering information of its offshore platforms and oil fields as part of CNOOC’s Engineering Digital Information System (EDIS) project.
Sable Mining Africa publishes bankable feasibility study for Rietkuil coal project
Sable Mining Africa Ltd has published a bankable feasibility study (BFS) on Delta Mining Consolidated Ltd’s (DMC) Rietkuil coal project in South Africa.
NPRA Reliability & Maintenance Conference & Exhibition program released
The program for the annual event held in Denver, Colorado on May 24 – 27 is released.
API criticises congressional plans to raise energy taxes
API’s senior tax advisor warns that higher taxes will not help to lower prices, and could damage the US economy.
API urges Congress to focus on American job creation and energy development
American Petroleum Institute president comments on efforts to develop US oil and natural gas resources.
Arch Coal establishes Asia-Pacific subsidiary
Arch Coal Inc. has announced that it has established a new subsidiary, Arch Coal Asia-Pacific Pte. Ltd., and named Renato Paladino president.
Solid Energy interested in Pike River Coal assets
New Zealand miner, Solid Energy, will seek to acquire the assets of Pike River Coal, according to a company statement, but acknowledges that there are considerable challenges to bringing the mine back into production.
Nexans wins contract for Ormen Lange North Field project
Nexans has been awarded a 4.8 million euro contract by Norske Shell to supply the 6.5 km infield umbilical for the Ormen Lange North Field project. The Ormen Lange natural gas field on the Norwegian Continental Shelf started production in 2007.
ABB secures US$ 151 million oil and gas order
ABB, the leading power and automation technology group, has won a $151 million order from the energy company Eni Congo SA to engineer, build and commission a new natural gas compression station and treatment plant in the Republic of Congo.
API comments: oil and gas industry remained strong throughout recession
API president believes the study’s finding are especially relevant given the current debate on energy taxes and access to domestic reserves.