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Home/News/Drilling & production

Drilling & production News

Browse the latest drilling & production news and articles.

McDermott awarded subsea pipeline contract worth US$ 50 million
1 Jun 20112 min read

McDermott awarded subsea pipeline contract worth US$ 50 million

McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 in. in diameter, in Mexico’s Bay of Campeche.

Technip & Samsung to begin construction of world’s first FLNG facility
31 May 20112 min read

Technip & Samsung to begin construction of world’s first FLNG facility

Shell has given notice to a Technip Samsung Consortium (TSC) to proceed with the construction of the first FLNG facility in the world.

Aker Solutions wins offshore loading systems contracts in Brazil
31 May 20112 min read

Aker Solutions wins offshore loading systems contracts in Brazil

Aker Solutions has won two contracts worth approximately 120 million NOK, from CQG Oil & Gas Contractors Inc. and CCI Oil & Gas Contractors Inc., for the supply of offloading systems to two FPSOs in the Brazilian market.

Canada’s new energy capital
26 May 20113 min read

Canada’s new energy capital

Laura Severs, Edmonton Economic Development Corporation, Canada, discusses the Edmonton service area and its growing status as the world’s most politically stable oil reserves.

Stena Bulk purchases three LNG tankers
25 May 20112 min read

Stena Bulk purchases three LNG tankers

Stena Bulk has bought three LNG tankers from the Taiwan-based shipping company TMT for a total of US$ 700 million.

Torresol Energy commissions 19.9 MW Gemasolar power plant in Spain
25 May 20112 min read

Torresol Energy commissions 19.9 MW Gemasolar power plant in Spain

Torresol Energy, a joint venture between Masdar and SENER, announced today the commissioning of its flagship 19.9MW Gemasolar Concentrated Solar Power (CSP) plant in Seville, Spain.

A paradox of plenty? What LNG development could mean for security in PNG
24 May 20114 min read

A paradox of plenty? What LNG development could mean for security in PNG

Is there a risk that Papua New Guinea's newfound LNG wealth could be a fuel for civil disorder as rival groups scramble for control of resources?

The Rise of Renewables
23 May 20114 min read

The Rise of Renewables

During the past few years, renewable energy has continued to rise in prominence and represents a growing piece of today’s global energy market, fuelled by greener politics and the need to improve energy supply and mitigate environmental risk.

Shell to build world’s largest offshore floating facility
20 May 20112 min read

Shell to build world’s largest offshore floating facility

Shell is planning to build the world’s largest offshore floating facility. The FLNG facility will be sited 200 km offshore Australia.

Renewable integration still a challenge for utilities
19 May 20114 min read

Renewable integration still a challenge for utilities

The prospect of renewables taking a greater share of the energy mix, as well as additional demand from electric vehicles, poses utilities with a major challenge, say industry experts.

Habau and KHE Group announce sale of pipeline contractor Nacap
18 May 20111 min read

Habau and KHE Group announce sale of pipeline contractor Nacap

Nacap sold to Habau; business efforts to be combined.

Rising cost of coal may prompt more power cuts in China
18 May 20111 min read

Rising cost of coal may prompt more power cuts in China

China has started rationing electricity in an attempt to avoid an energy shortage in the country.

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