According to a weekly update from the U.S. Energy Information Administration (EIA), an oversupply of European distillates is raising the amount of product being held in floating storage, and also causing changes to shipping routes to slow delivery to the continent…
The National Oceanographic Partnership Program (NOPP) will present the 2015 Excellence in Partnering Award to 17 organizations involved in the Atlantic Canyons study during Ocean Sciences 2016 in New Orleans. The ceremony will take place on Tuesday…
Adani Enterprises Ltd, the flagship company of the Adani Group, a global integrated infrastructure player, was today awarded the prestigious “Energy and Environment Foundation Global CSR Awards 2016” in the Platinum category. The Award was presented…
The tanker company Norstar is setting up a new Commercial Management joint venture based in Westport Connecticut USA named Norstar Chartering (USA) LLC. The new entity is a collaboration between brothers Chris and Tom Bonehill, principals…
In a low oil price environment it is more important than ever for collaboration between disciplines to deliver value, as well as inspiring the next generation of geoscientists and engineers. Members of Statoil’s Aberdeen team are set to…
Wärtsilä has signed a contract with Shanghai Bestway Marine Engineering Design Co Ltd to design a new type of deepwater dive support vessel (DSV). The ship is to be built for China state-owned Shanghai Salvage Bureau (SSB), a professional salvage company in China…
Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW. In June 2014, the companies entered into a contract with Ocean…
At the initiative of the government of the Chukotka Autonomous District on April 22 in Moscow will host the conference 'Chukotka. The area of energy. 'The conference will be held for the first time and will focus on the mining industry in the region and the surrounding sea shelf…
San Donato Milanese (Milan), February 10, 2016 – Saipem S.p.A., informs that today Moody’s, through the publication of a press release on its website [www.moodys.com] given below has communicated that it has placed under review the provisional issuer rating of '(P) Baa3 ' attributed to Saipem…
Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field, Norway's largest oil find in three decades.The study includes design solutions for a tie-in…
The 2016 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday, 3 May, in Houston. As part of the OTC Distinguished Achievement Awards Luncheon, the conference will recognize Robert…
New York-based energy company Hess has sold Shannon LNG, a proposed gas-import terminal in County Kerry, Ireland’s Sunday Independent has reported. The newspaper did not name the buyer for the site. The identity of the new owner of the…
Emilio Lozoya is set to leave his job as the chief executive of Mexico's struggling state-oil company Pemex, according to three sources with knowledge of the situation. Lozoya, a close ally of Mexican President Enrique Pena Nieto, became Pemex CEO in December 2012…
Yara International ASA announces organizational and management changes, to improve strategic focus and execution.'After spending recent months visiting numerous Yara sites, meeting employees and conducting business and organizational reviews…
Total SA has signed an agreement to supply liquefied natural gas to ENN Energy in China, according to a news release on the French energy company's website. The deal is for 0.5 million metric tons of LNG per year for a period of 10 years and will be delivered from the company's facilities…
