The Gazprom Management Committee addressed the progress with the South Stream It was stressed that South Stream gas pipeline project was ready for constructing. This includes the most complicated part of the project – the first and the second strings of the offshore gas pipeline…
Eivind Holtsmark Ringstad from Oslo has been granted the Statoil talent scholarship in classical music for 2014.The grant is part of Statoil's talent program 'Heroes of Tomorrow', where the company supports young talents in education…
The '4th Annual Conference on the Outlook for Bunkering and Marine Lubricants in India' will be held on Thursday, December 4, 2014 at the Hotel Vivanta by Taj-President, Cuffe Parade, Mumbai.With the demand for shipping fuel at major…
Halliburton Company and Baker Hughes Incorporated today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share…
President Energy gave a mid-November update on the progress of the Lapacho well, Chaco Region, Paraguay.The well has been drilled to 4,490m since setting casing at 4,125m. President has previously announced that a light oil/condensate…
LUX Assure appointed Scott Rankin as its technical expert for the company’s chemical monitoring technology, CoMic.Rankin joined LUX Assure a year ago and has since taken part in specialist training and gained in-depth experience working with CoMic…
Drydocks World and Maritime World, the international providers of maritime and offshore services to the shipping, oil, gas, and energy sectors have been awarded the Best Oil & Gas Project Award for outstanding Project Excellence on the SOLAN Project…
Build number 116 from Havyard is called ‘Olympus’. It is the third in the series of Havyard’s 832 design, and, as mentioned, the eighth vessel to be delivered to Global Offshore Services. On Friday night, an Indian ceremony was held on board…
Voith has won the award for the best PR picture of the year at the “PR Bild Award 2014” (renowned award for PR pictures). Yesterday, on Thursday, the photograph of a Voith turbine runner was declared the winner of the “PR Bild Award”. The…
Baker Hughes Incorporated today announced receipt of notice from Halliburton Company that it intends to nominate candidates to replace the entire board of directors of Baker Hughes at its Apr. 2015 annual meeting. The nominations followed…
Technip was awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) a contract for project management consultancy (PMC) services for the engineering, procurement and construction (EPC) works of the Nasr Phase II Full Field Development project – Packages 1…
Drydocks World received a high-level delegation of the Council members from the International Association of Independent Tanker Owners (INTERTANKO) on 11 November. The delegation included Mr. Olav Eek Thorstensen, MD & CEO of Thome Shipmanagement…
The G20 communique will include a significant passage on climate change and an endorsement of an anti-corruption plan, European Union officials said on Sunday.'The most difficult discussion was on climate change,' an EU official said on condition of anonymity…
Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said.Competing…
Some of the hedge fund industry's most respected firms made bigger bets on a wide swatch of energy companies during the third quarter only to watch the stocks get pummeled by falling crude oil prices.Robert Citrone's Discovery Capital Management…