Energy

Hercules-2 Officially Launched

  MAN Diesel & Turbo, Wärtsilä and Winterthur Gas & Diesel to collaborate on major, EU-funded project A major cross-industry initiative led by MAN Diesel & Turbo,

Viking O&M Secures Rig Contract from a Chinese Firm

 Viking Offshore & Marine has secured a 48-month charter for a second land drilling rig system for US$31 million ($41.8 million).   Viking’s subsidiary Viking LR2 will charter the 1,

Egypt Debt to Foreign Oil Cos at $3.5 bln

  Egypt's debts to foreign oil companies stood at $3.5 billion dollars at the end of June, a 6.1 percent increase from March, an official at state-owned Egyptian

Chorus Clean Energy to go ahead with IPO despite Greece crisis

  Chorus Clean Energy  will stick to its plan for a stock market listing, which it delayed due to market turmoil caused by Greece's debt crisis, its chief executive told a newspaper.

Petrobras Deploys new production ship in Lula field

  A new oil and gas production ship arrived in the Iracema Norte area of the Lula field, Petrobras said on Friday, a key step in efforts by the Brazilian state-run

India's Videocon plans $2.5 bln Brazil O&G Investments

  India's Videocon Industries Ltd plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group's chief said,

Indonesia Expects Total to Decide on Mahakam within days

   French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

  7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

First Subsea Wet Gas Compressor Installed

  After several years of technology development, construction and testing the first subsea wet gas compressor in the world is now installed at the Gullfaks C platform in the North Sea.

Drydocks World Completes World’s Largest Turret

  Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing

Aberdeen Pupils Peek into Subsea Oil & Gas Technology

  Pupils at an Aberdeen primary school were given a rare insight into the depths of the oil and gas industry’s subsea sector after getting to sit in the driving

CNOOC Acquires Asia's 1st LNG Powered Tug

  China National Offshore Oil Corporation (CNOOC) has taken delivery of Asia’s first tugboat Hai Yang Shi You 525, designed to operate solely on liquefied natural gas as ship’s fuel.

Total's Largest Lubricant Plant Opens in Singapore

  Total said on Friday it had started operations at a new lubricant oil plant in Singapore, the French energy company's largest such facility in the world, as

Brazil Govt. Expects Petrobras to Lose Key Oil Rights

  Brazil's government expects a bill ending state-run Petrobras' dominant role in key offshore oil areas to pass Congress, reversing one of President Dilma Rousseff's signature policies,

Solar-powered Plane Breaks Solo Flight Record

  A Swiss man attempting to circumnavigate the globe with an aircraft powered only by the sun's energy has broken a world record for the longest non-stop solo flight, the pilots said on Thursday.

Police Arrest Another Former Petrobras Exec in Probe

  Brazilian police arrested Jorge Zelada, former director of Petrobras'  international division, as part of an ongoing investigation into bribery and corruption at the state-run oil producer,

NITC Claims World's Largest Supertanker Fleet

 According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV.

Oceans Can’t Take Any more: Researchers Fear Fundamental Change

  Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesn’t happen, we could see far-reaching and largely

IndianOil Orders 2 LNG Tanks from MHI

  Mitsubishi Heavy Industries, Ltd. (MHI) has received an EPC (engineering, procurement and construction) order from Indian Oil Corporation Ltd. (IOL), India's largest oil company,

Teekay LNG Partners Declares Distribution

  Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

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