CLIQ to buy 51% stake in two assets in Khazakhstan March 25, 2015 // 2 Comments CLIQ Energy Bhd has proposed to acquire two oil producing field assets in Kazakhstan from Phystech Firm LLP for US$117.3mil [...]
Oil & gas debt issuance up despite crude slump March 24, 2015 // 1 Comment Oil and gas producers are still raising debt after the slump in the oil price, but it helps a lot if they’ve got an [...]
SDSV with Thrustmaster Tunnel Thrusters for DP Operations in Brazilian Offshore Waters March 24, 2015 // 8 Comments Sistac Victoria, a purpose-built, RINA-classed, DP-2 monohull shallow dive support vessel (SDSV) was recently delivered for [...]
Oil and gas companies convened; discussed project and risk management of EPC March 24, 2015 // 6 Comments The EPC in Oil and Gas 2015, held at the Kuala Lumpur Convention Centre (KLCC) last 9-12 March 2015, gathered top decision [...]
First commercial flight using biofuel successful March 24, 2015 // 2 Comments A Chinese airline on Saturday completed the country’s first commercial flight using biofuel, made from waste cooking oil, [...]
Hempel’s HEMPADUR AvantGuard® wins NACE’s MP Corrosion Innovation of the Year March 23, 2015 // 2 Comments Hempel’s HEMPADUR AvantGuard® product range was named Materials Performance (MP) Corrosion Innovation of the Year for [...]
Halliburton Co. and Baker Hughes Inc. to seek buyers next month March 23, 2015 // 0 Comments Halliburton Co. and Baker Hughes Inc. plan to begin seeking buyers next month for as much as $10 billion in assets that the [...]
Oil heading to US$35 by June: FGE March 23, 2015 // 0 Comments Global oil prices will likely trade between US$35 to US$40 dollars per barrel by the end of the second quarter, according to [...]
Saudi Arabia will not cut oil output March 23, 2015 // 1 Comment RIYADH – The Organisation of the Petroleum Exporting Countries (OPEC) will not take sole responsibility for propping [...]
Malaysian tanker seized by pirates March 20, 2015 // 0 Comments Pirates seized a Malaysian tanker and siphoned off its marine fuel cargo before fleeing, maritime authorities said Thursday. [...]