Oil & gas news
Eurasian expansion
Dr. Robert M. Cutler discusses developments in Eurasian gas pipelines in 2009, with a focus on Turkmenistan’s gas reserves and current pipeline projects in the region.
Centrica buys Trinidadian gas assets
Centrica has announced the purchase of Suncor Energy Inc’s Trinidadian natural gas assets.
Essar Group acquire US coal miner Trinity Coal
Essar Group, through its subsidiary Essar Minerals, Delaware, has announced an agreement to acquire US coal producer Trinity Coal Partners LLC from energy and commodities-focused fund, Denham Capital, for US$600 million.
Deepwater spend predicted to rise
New research from Douglas-Westwood predicts a global deepwater expenditure of US$ 167 billion between 2010 and 2014 - up 37% on the preceding five years.
Poland gets finance for LNG terminal
Polskie LNG SA has been receiving bids and arranged finance for Poland’s first LNG terminal to diversify gas supply.
Saudi Aramco awards Baker Hughes drilling systems contract
Saudi Aramco has awarded Baker Hughes a two year contract for two fit for purpose underbalanced coiled tubing drilling packages designed to re-enter existing wells in the gas fields of southern Saudi Arabia.
News from BP
A round up of news from BP as the company discusses the Coega refinery and 2010 financial plans.
Looking at the European oil and gas industry
A brief look at some of the recent refinery news from the European oil and gas industry.
Total awards FMC Technologies US$ 65 million contract
FMC Technologies, Inc. has signed an agreement with Total Exploration and Production Angola for the manufacture and supply of subsea production equipment.
Petrobras discovers more oil in Campos Basin
With the drilling of a single well (6-BR-63A-RJS) Petrobras has discovered two new oil accumulations in reservoirs located in the Campos Basin, one in post-salt and the other in a pre-salt region.