Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million.Pemex has awarded Saipem an EPCI contract for the development of the Lakach field, located…
ExxonMobil today announced $18 million in grants to Houston health care facilities to support cancer prevention and cardiovascular research, expand pediatric care for children with autism and enhance pediatric liver disease research and clinical services…
President Mark D. Gordon appointed CEO, Greg Stemm becomes chairman as the company prepares for several monetization events and shipwreck projectsOdyssey Marine Exploration, Inc., an in the field of deep-ocean exploration, has implemented…
Scrapping a decades-old ban on U.S. crude oil exports would spur job creation and boost energy security by encouraging new investment that lifts production, Exxon Mobil Corp's chief executive said on Thursday.Chief Executive Officer Rex Tillerson…
Yara International ASA has obtained relevant regulatory approvals and closed the acquisition of OFD Holding Inc. (OFD) allowing the integration process to start.The OFD operations comprise production facilities in Cartagena, Colombia and distribution companies across Latin America…
Jaccar Holdings of Luxemburg and Hartmann Group of Leer, Germany, announce the establishment of a joint venture for the commercial management of ethane carriers. The new company, “United Ethane Carriers” or UEC, will be based in Singapore…
Dr. Uwe Lauber (47) has been appointed to the Executive Board of MAN Diesel & Turbo SE effective as of 1 October 2014. Dr. Lauber has worked successfully in various management positions within the company since 2000.In his new role he…
Frontline Management (Bermuda) Ltd. and Tankers International LLC (TI) today announced the formation of a new company, VLCC Chartering Ltd ('the Company'). The aims of the Company will be:*to create a larger fleet with more flexibility…
Chairman and President: Noboru Ueda of ClassNK announced the establishment of a new Renewable Energy Department. This new department which began operations on 1 October 2014 will oversee a diverse range of activities related to renewable energy…
Vallianz Holdings Limited, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has today announced that it is acquiring OER Holdings Pte. Ltd. for $27.7 million (USD).Headquartered in Singapore…
Scotland’s largest independent firm of Chartered Accountants and Business Advisers, Johnston Carmichael, has strengthened its oil and gas focus with the appointment of a new tax director.VAT specialist Fiona Weir joins the tax team where…
It may be five years before a nuclear waste dump in New Mexico closed by a radiation leak is fully operational again, and the facility will need at least $240 million to pay for the initial recovery, a U.S. Energy Department official said on Tuesday…
Imperial Oil Ltd said on Tuesday it has completed a two-week major maintenance turnaround at its 110,000 barrel per day Kearl oil sands mine in northern Alberta.Imperial 69.6 percent owned by Exxon Mobil Corp said work was carried out over…
SGX Mainboard-listed Swissco Holdings Limited an integrated, international marine services provider, today announced having completed the acquisition of four additional mobile offshore drilling units, bringing the fleet of rigs to eight. As announced on 15 August 2014 on the Singapore Exchange…
Stavropol hosted today a groundbreaking ceremony of a versatile sports & recreation complex of Gazprom.The sports & recreation complex will include a 50 meter Olympic swimming pool, a versatile gym, a hall of martial arts as well as training grounds…
