Magnolia LNG, a wholly-owned subsidiary of Australia’s Liquefied Natural Gas Limited (LNGL) recently announced two advancements in the development of its 8mtpa-capacity, mid-scale liquefied natural gas (LNG) facility. Magnolia announced Dec…
International tidal technology and project developer Atlantis Resources Limited bought MeyGen, Europe’s largest tidal power project. Atlantis already held 10% of the company developing the project, MeyGen Limited. It has now bought…
The first decommissioning relief deeds have been presented by new Economic Secretary to the Treasury Nicky Morgan to senior representatives from the oil and gas industry. The deeds will provide greater certainty over the tax relief companies…
Corac Group subsidiary Corac Energy Technologies (CET) has signed an amendment to its contract with Aramco Overseas Company, a subsidiary of Saudi Aramco, for a revised scope of work to develop an in-pipe gas compressor (IGC). The amendment will enable CET to support the design…
A newly formed UK-focused exploration company has secured US$150 million of funding from Norwegian private equity outfit HitecVision. Oyster Petroleum's management team comprises of Richard Morgan as CEO, along with former colleagues Nigel Platt and David Went…
The Board of Royal Dutch Shell today announced that Peter Voser, as Chief Executive Officer, has elected to retire from the Company in the first half of 2014. Peter Voser was appointed CEO with effect from July 2009 and has been an Executive Director since 2004…
Shell teamed up with Kinder Morgan’s Southern Liquefaction to develop a natural gas liquefaction plant at Southern LNG’s Elba Island terminal near Savannah, Georgia, US. The partners plan to modify the Elba Express Pipeline and the Elba Island…
Spectra Energy Corp announced it has entered into a definitive agreement to purchase 100% of the ownership interests in the Express-Platte Pipeline System from Borealis Infrastructure, the Ontario Teachers' Pension Plan and Kinder Morgan Energy Partners for $1…
Dana Ourso (pictured) has joined InterMoor as HR manager in the company’s Morgan City, Louisiana office. He was previously with the Shaw Group, Global Industries, Albemarle and J Ray McDermott.
Oceaneering International is investing $5 million in a 30,000ft2 expansion of its facilities in Morgan City, Louisiana.
A robust mergers & acquisitions market in the latter half of 2011, particularly in midstream, bodes well for deal making in 2012, according to Deloitte's Center for Energy Studies. But world events could throw a wrench into the M&A machine, as Russell McCulley reports…
GE Oil & Gas has opened its $100 million technology and learning complex in Jandakot, Western Australia. The biggest complex of its kind in Australia, it will support the development of skills for the oil and gas sector and provide the company’s…
Born in Houston, raised in London, Gardiner Henderson is no stranger to travel. Which is just as well, since his latest job has him in almost perpetual motion criss-crossing the globe to build business and raise awareness of a company he sees…
Seaway Heavy Lifting will shortly take delivery of its second heavylift crane vessel, the state-of-the-art Oleg Strashnov. David Morgan looks at some of the new HLV 's novelties and niceties. The Oleg Strashnov has been a while coming…
Partnerships and acquisitions are but one facet of the contractors' race to supply seabed separation, boosting and processing services. Materials science, marinization and redundancy also play a part in their efforts to make reliable seabed-to-shore systems a reality…