Oil & gas news

Foster Wheeler AG has been awarded a contract to design and supply a solar steam generator system (preheaters, drum-type evaporators, and superheaters) including interconnecting piping, valves, primary I&C, steel structures, and site advisory services for a plant located in Abu Dhabi, UAE.

Continental Coal’s South African subsidiary has completed the US$ 35 million acquisition of unlisted South African thermal coal mining and export coal producing company, Mashala Resources.

Viking Moorings, today announced that it has signed an exclusive international agency agreement with Mainticare Ltd, one of the largest marine and oilfield services contractors in Malta.

Gas has a vital role in the UK’s future energy mix, said Energy Minister Charles Hendry.

Petrobras has awarded a two year US$ 110 million contract to Subsea 7 for the exclusive use of its Lochnagar pipelay vessel for two years.

Caterpillar Inc. and Bucyrus International have entered into an agreement by which Caterpillar will acquire Bucyrus for US $ 8.6 billion, expanding Caterpillar's leadership in the mining equipment industry.

A brief look at the new low carbon collaboration between UK and Indian business leaders the ‘UK-India Business Leaders Climate Group.’

Train 6 started this month and will produce 7.8 million tpy, helping Qatar reach its target of 77 million tpy of LNG liquefaction capacity by the end of 2010.

Shell’s first planned FLNG deployment off the northwest coast of Australia has received federal environmental approval.

According to the International Energy Agency’s latest World Energy Outlook, much stronger action is needed to accelerate the transformation of the global energy system.