Dana Gas received from the Egyptian Government authorities $53m from the current total outstanding receivables of $330m. Payment of $42 million has been received in US dollars and the balance in equivalent Egyptian pounds. Including this tranche…
By using the Earth’s magnetic field, combined with new innovative technology, oil and gas drilling companies are increasing oilfield productivity while reducing development costs and environmental impacts.This technology has applications across the world…
Kurt Mix, a former engineer for BP plc, was convicted today of intentionally destroying evidence requested by federal criminal authorities investigating the April 20, 2010, Deepwater Horizon disaster.Acting Assistant Attorney General Mythili…
Local unemployed people are benefiting from new careers in the offshore wind industry following their completion of a newly developed qualification offered by Maersk Training in Newcastle, designed to help them take advantage of job opportunities in the thriving U…
Production from U.S. shale plays is expected to continue growing for the next few years, driving stable investment in pipeline infrastructure. The latest edition of the DW North American Pipeline Database identifies $22 billion in expenditure for the construction of over 23…
The Tanker Structure Cooperative Forum (TSCF) has elected Hayato Suga as its next Chairman at a recent Steering Committee Meeting. Hayato Suga is the General Manager of ClassNK’s Natural Resources and Energy Department and one of ClassNK’s foremost experts on tanker vessels…
ABS, a provider of classification services to the global offshore industry, is establishing an office in Houston's Energy Corridor near the intersection of Interstate 10 and Highway 6. The new facility will co-locate members from ABS engineering…
Ince & Co’s London-based commodities, shipping and commercial disputes specialist Stuart Shepherd has succeeded Steven Fox as the firm’s Global Head of Trade. After 33 years at the firm, which he joined as an articled clerk, Steven will be retiring from the partnership in April 2014…
Royal Dutch Shell plc announced that the company will not move forward with the proposed 140,000 bpd Gulf Coast gas-to-liquids (GTL) project in Louisiana. Shell is a leader in GTL technology, and the company said it has evaluated a number of development options for GTL on the US Gulf Coast…
DNV GL Oil & Gas has appointed Moss Daemi as the Director of its Middle East, India and North Africa Division. “We established our presence in the MENA region over 40 years ago and will continue to support the oil and gas industry here to make…
Maersk Training has announcement the appointment of David Bowyer as new Head of Training and Education. David joins the senior management team to oversee all aspects of training, following recent growth in the number of delegates attending their courses…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Bureau of Ocean Energy Management (BOEM) today announced that it will hold Gulf of Mexico Eastern Planning…
Freight Management specialist Geodis Wilson has announced the appointment of Igor Muñiz as Competence Head for Industrial Projects (IP) in Southeast Asia and the Pacific. This role aims to enhance Geodis Wilson’s IP team in the region, where market growth is marked…
DOF Subsea, a provider of subsea services to the oil and gas industry, has appointed Colin Ferguson as country manager for Angola.Colin, who started his career as a commercial diver, has more than 20 years’ experience working on large scale…
Deep Casing Tools, which has an innovative range of tools designed to land casing and completions at target depth within oil or gas wells, has appointed Jason Henry and Magnus Wardle as Vice-Presidents of Business Development and Technology respectively…
