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Prezioso Selected to Provide Maintenance Services for Norwegian Gas Processing Plants
March 1, 2016
Prezioso Linjebygg has received a NOK1.1bn ($128bn) contract from Statoil to provide insulation, scaffolding and surface treatment (ISO) maintenance services for the Sture and Kollnes processing facilities in Norway. Under the ten-year contract, Prezioso will apply the ISO methods, including
Jacobs Supports Development of Chevron’s $6.4 Billion Chuandongbei Gas Project, China
March 1, 2016
Jacobs Engineering has supplied technical services and technology to support the first natural gas from the $6.4bn Chuandongbei gas project located in Sichuan Basin, China. For the Unocal East China Sea-operated project, Jacobs provided engineering and project management services from
GE Signs Agreement with Norway-based Statoil for Future Subsea Projects
February 26, 2016
GE Oil & Gas has signed a master service agreement with Norway-based Statoil to provide subsea equipment and services for future field projects. The master agreement, which is valid globally until 2025, forms the basis for potential new subsea equipment
Shell Signs Oil and Gas Exploration Deal for Silistar Block, Offshore Bulgaria
February 26, 2016
Royal Dutch Shell has signed a contract to explore for potential oil and gas reserves in an offshore block in Bulgaria. Under the five-year contract, Shell will undertake deepwater exploration program at the 1-14 Silistar block, which covers an area
Eni to Develop Coral Gas Discovery, Offshore Mozambique
February 26, 2016
The Government of Mozambique has approved Italian oil and gas company Eni’s plan to develop the Coral discovery located in the Area 4 permit. With the approval in place, the firm will commence with first phase of development of 5
Regency Mines Acquires Stake in Angus Energy’s Horse Hill Oil Project, London
February 24, 2016
Regency Mines has confirmed that its proposed acquisition of a 5 percent stake in the Horse Hill project, near Gatwick airport, has now completed. The transaction, valued yesterday by Regency at £400,000, sees the AIM quoted company making a share
Tethys Petroleum Inks New Financing Deal with Olisol
February 24, 2016
Tethys Petroleum has confirmed it received $1million from Kazakh group Olisol Investments last week and it has now signed amended terms for a proposed recapitalization of the company. In a statement on Monday afternoon, in London, the company said that
Ritchie Bros. Acquires Online Equipment Listing Service Mascus, Europe
February 24, 2016
Ritchie Bros. Auctioneers Incorporated has acquired Mascus International Holding BV. The acquisition expands the breadth of equipment disposition and management solutions Ritchie Bros. can offer its customers. Mascus operates a vibrant online equipment listing service, with more than 360,000 items
Eni Receives Approval to Develop Zohr Gas Field, Offshore Egypt
February 24, 2016
Italian multinational oil and gas company Eni has secured approval from the Egyptian Ministry of Petroleum and Mineral Resources for the development of Zohr gas field located offshore Egypt. Located in the Mediterranean Sea in the Shorouk concession, the Zohr
CUI Global Makes First Delivery of Its GasPT® Technology to Snam Rete Gas
February 23, 2016
CUI Global, Inc.‘s wholly-owned United Kingdom energy subsidiary, Orbital Gas Systems Ltd., has delivered the first of its GasPT® analyzers to Europe’s largest natural gas transmission company, Snam Rete Gas (SRG). This first delivery of 50 units is pursuant to
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