Oil & gas news
Siemens strengthens position in subsea power market
Siemens has acquired two subsea specialist companies to improve its subsea service capabilities.
BG Group and Tokyo Gas sign 20 year LNG sales contract
BG Group today signed a sales agreement with Tokyo Gas Co., Ltd. for the supply of 1.2 million tpy of LNG for 20 years from 2015.
NPRA urges EPA caution over proposed ozone standards change
Gregory Scott of the NPRA warns of the potential damages to America’s economy if changes are ratified.
Energy companies turn to Russia as African/Middle Eastern unrest continues
Total agrees to buy stake in Novatek, while European refinery announces run cuts due to high prices.
EnergySys automates hydrocarbon allocation with Atlantic LNG
EnergySys Ltd has partnered with Atlantic LNG to automate its system of hydrocarbon allocation between the four LNG trains, which comprise the facility.
LNG carriers: industry overview
The long-term outlook for the global LNG shipping industry is positive overall, and the global maritime industry is demanding the construction of increasingly large vessels to serve its requirements.
Egypt instability threatens the energy sector
Concerns for the energy sector in Egypt have been raised following a terrorist attack against a gas pipeline in the Sinai peninsula.
Total joins strategic partnership with Novatek
Total has agreed to participate in the Shtokman LNG project and acquire shares in Novatek.
Petrobras confirms good quality oil at extension well in Iara in the Santos Basin
Petrobras has completed the drilling of the extension exploratory well 3-BRSA-891A-RJS (3-RJS-682A) located in the Iara Evaluation Plan area, in the Santos Basin pre-salt. It has confirmed the presence of good quality oil in the well.
Cosalt Offshore wins Shell inspection work
Cosalt Offshore has won a three year contract to carry out inspections on two of Shell’s onshore gas processing facilities.