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…
With investment support from the Finnish Government of 185 million NOK Skangass has decided to build a new import terminal for LNG. The terminal will be completed in 2016. Skangass plans to create an efficient LNG logistics chain in the Pori area…
Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc. today announced that they have agreed to develop, construct…
ABB, the leading power and automation technology group, has been awarded a $216 million contract to deliver a gas treatment plant to the South Tunisian Gas Project (STGP).The order was awarded by OMV Tunisie Production GmbH, a subsidiary of Austrian energy group OMV…
A leading North-east project services, engineering and consultancy firm has expanded its team with the addition of a key appointment as part of its long term growth strategy.Aberdeen based, CSL, located at Geo House on Commerce Street has…
Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets.The company emerges after a spin-off of the Subsea, Umbilicals…
President Michelle Bachelet of Chile enacted new environmental tax legislation on Friday making the country the first in South America to tax carbon dioxide (CO2) emissions.Part of a broad tax reform, Chile's carbon tax will target the power sector…
Millions of visitors and residents could hardly miss the message projected on the side of the world famous United Nations building in New York this week: 'Put a price on carbon.'At the UN's Climate Summit this week a diverse group of global leaders…
