Post Archive by Day: October 3, 2018

BHGE, McDermott, L&T Hydrocarbon Engineering Win Largest Indian Subsea Project for ONGC’s Prestigious 98/2 Block

Companies will provide engineering, procurement, construction, installation and commissioning (EPCIC) for complete subsea scope including subsea production systems and subsea umbilicals, risers and flowlines for 34 wells Combines industry-leading equipment and services for end-to-end project delivery Project will help support India’s energy development and Make in India goals through local manufacturing NEW DELHI, October 3, 2018 – Baker Hughes, a GE

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DNV GL commission worlds largest industrial explosion chamber at Spadeadam Research and Testing

03 October 2018 London, UK, 3 October 2018: DNV GL has commissioned the operation of a versatile unit for large explosion research at Spadeadam Research and Testing in the UK. Keywords: Oil & Gas Contact: Roslyn Lesley Williamson Marketing and Communications Manager, DNV GL – Oil & Gas, UK & West Africa Hari Vamadevan, Regional Manager, UK and West Africa,

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Shell gives green light to US$31bn LNG Canada project

03 October, 2018 Anglo-Dutch major Shell has reached a final investment decision on LNG Canada, a major liquified natural gas (LNG) export terminal project in Kitimat, British Columbia, Canada, valued at US$31bn (£24bn). Construction will start immediately with first LNG expected before the middle of the next decade. Shell’s 40% share of the project’s capital cost is within the company’s

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Petrofac secures North Sea contract extension with Chevron

03 October 2018 Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited (Chevron). The agreement, which has been held by Petrofac since 2014, commenced on 30 September. In line with the contract scope, Petrofac will continue with the provision of engineering support to Chevron’s key North Sea assets including

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Aramco professional takes the helm of SPE

DALLAS, Texas, U.S., October 03, 2018 Sami A. Alnuaim, 2019 Society of Petroleum Engineers (SPE) president (with Saudi flag) and outgoing SPE president Darcy Spady pose with Aramco researchers who received SPE awards. From left are Ghaithan A. Al-Muntasheri, Ashraf M. Al-Tahini, Alnuaim, Spady, Zeid M. Ghareeb and Anuj Gupta. Saudi Aramco made a strong showing at the Society of

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PGNiG and ERU’s new success in Ukraine

03.10.2018 Polish Oil and Gas Company (PGNiG) and Energy Resources of Ukraine will supply natural gas to Ukrtransgaz, a gas transmission network and storage facilities operator. The two companies have been contracted to supply more than 200 mcm of gas from October 2018 until May 1st 2019, exclusively for Ukrtransgaz’s own needs. The contract was awarded to the bidder offering

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PGNiG: Natural gas consumption in Poland is rising, with LNG accounting for nearly 20 percent of imports

03.10.2018 Basing on confirmed reports, the Company informs that between January-August 2018, LNG accounted for nearly 20 percent of imports, while natural gas from Russia accounted for ca. 74 percent of imports. Compared to a similar period in 2017, between January-August 2018 imports of LNG have risen by nearly 64 percent, while imports of natural gas from Russia have increased

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NOC board members participate in London oil sector development workshop

03 October 2018 On October 1st 2018, National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla attended a two-day workshop in London with NOC board members; organized by Hyundai and Wood.  The workshops focused on technical and economic development projects within Libya’s oil and petrochemical industries. Hyundai and Wood gave presentations on the benefits available to Libya’s oil sector through design

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Qatar Petroleum announces two 5-Year Naphtha Sale Agreements with Japan’s Marubeni Corporation

03-October-2018 ​ Qatar Petroleum, for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), has concluded two 5-year sales agreement to supply Japan’s Marubeni Corporation an annual total of 1.2 million metric tons of Naphtha starting from October 2018. The agreements are the largest and longest to be concluded with Marubeni Corporation since both parties

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Qatar Petroleum CEO meets Japan’s Foreign Minister in Tokyo

03-October-2018 ​ Qatar Petroleum President & CEO Mr. Saad Sherida Al-Kaabi concluded a visit to Tokyo with a meeting with Japan’s Minister of Foreign Affairs Mr. Taro Kono. Discussions during the meeting dealt with enhancing bilateral relations and cooperation between Japan and the State of Qatar particularly in the oil and gas industry. Qatar’s ambassador to Japan Mr. Hassan bin

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BP and Aker BP form strategic technology venture alliance

3. October 2018 Jens Umehag, CFO BP Ventures and Karl Johnny Hersvik, CEO Aker BP signing the cooperation agreement. Aker BP today announced that it has signed a ventures cooperation agreement with BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their planned strategic alliance, BP and Aker BP intend

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BHGE, McDermott, L&T Hydrocarbon Engineering Win Largest Indian Subsea Project for ONGC’s Prestigious 98/2 Block

10/03/2018 NEW DELHI–( BUSINESS WIRE )–Baker Hughes, a GE company (NYSE: BHGE), McDermott International, Inc. (NYSE: MDR) and L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro (NSE: LT), were awarded the subsea contract for India’s Oil & Natural Gas Corporation’s (ONGC) largest deepwater project, the development of block DWN-98/2 in the Krishna Godavari basin. The project brings together

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In 2017, the trade turnover between China and Turkmenistan increased by 17.6%

03.10.2018 Over the past seven years, China has consistently been one of the largest trading partners of Turkmenistan. This was stated by the Chinese Ambassador to Turkmenistan Sun Weidong, speaking in Ashgabat at a festive diplomatic reception in honor of the 69th anniversary of the formation of his state, News Agency ORIENT reports. According to the diplomat, in 2017 bilateral

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US companies see great potential in partnership with Turkmenistan

03.10.2018 The business forum “Turkmenistan-USA” held in New York the day before, which was attended by President Gurbanguly Berdimuhamedov, identified new ways to develop business bilateral cooperation. As it was noted by the participants representing the largest American companies, the meeting once again demonstrated the impressive economic potential of Turkmenistan. It is noteworthy that in addition to American businessmen, the

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BP and Aker BP form strategic technology venture alliance

3. October 2018 Jens Umehag, CFO BP Ventures and Karl Johnny Hersvik, CEO Aker BP signing the cooperation agreement. Aker BP today announced that it has signed a ventures cooperation agreement with BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their planned strategic alliance, BP and Aker BP intend

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Gazprom and Serbia developing effective cooperation in gas industry

October 3, 2018, 15:15 Working meetings of Alexey Miller, Chairman of the Gazprom Management Committee, with Ivica Dacic, First Deputy Prime Minister and Minister of Foreign Affairs of the Republic of Serbia, and Aleksandar Antic, Minister of Mining and Energy of the Republic of Serbia, took place today in Moscow as part of the International Forum ‘Russian Energy Week.’ Alexey Miller at working meeting with Ivica Dacic Enlarged photo (JPG, 1.1 MB) Ivica

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Got Pics? Share Your Mineral, Energy or Water Project Photos and Win!

Vancouver, BC – October 3, 2018 – Geoscience BC has launched its annual hunt for pictures that tell a great geoscience story! Held every year, the Geoscience BC Photo Contest awards prizes for pictures that tell the story of any Geoscience BC-funded project. Anyone who has worked on a Geoscience BC Project is eligible for this contest, including principal investigators,

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Stress Engineering Services delivers advanced monitoring and inspection solutions to Noble Corporation plc

HOUSTON, TX (October 3, 2018) – Stress Engineering Services, Inc., (SES) the global leader in consulting engineering services, has delivered a state-of-the-art real-time drilling riser and wellhead monitoring system (RFMS®), in conjunction with its Condition Based Maintenance (CBM) process for Noble Corporation’s ultra-deepwater drillship Noble Tom Madden. The RFMS provides dynamic subsea measurements with a high degree of reliability for

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Stampede: Leveraging Hess’ Deepwater Abilities

10.03.2018 Hess has capitalized on its proven track record in the Gulf of Mexico with the successful project execution of the Stampede field — one of the largest undeveloped fields in the Gulf. The project leveraged Hess’ leading capabilities in deepwater development, with top-quartile performance in offshore drilling and project delivery, and overcame complex technical challenges to achieve first oil.

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