During the past few years, annual change in global oil demand has been running 0.8-1%/year and the International Energy Agency (IEA) forecasts it to continue in that range in 2013 – well below the previous 20-year 1.5% average annual increase seen before the global banking crisis…
OE Magazine launches dedicated news website OE Magazine has launched a dedicated website OEdigital.com, which will provide readers with the latest oil and gas news, technological trends and exclusives.The new OEdigital.com connects oil and…
Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…
Photo: Tar Sands BlockadeTexas man sues to stop Keystone construction OilPrice.com - Now that elections are over, everyone is waiting for a decision on the Keystone XL pipeline, but it's not so easy amid the atmosphere of protests that have…
President-elect Enrique Pena NietoPena-Nieto wants private investment in energyOilPrice.com - Big potential changes south of the border. Mexican President-elect Enrique Pena Nieto has announced that he wants increased private investment in the nation's energy industry…
Sabine Pass LNG2MPTA will be bought from Sabine LiquefactionCheniere Energy Partners announced that its subsidiary Sabine Pass Liquefaction has entered into a liquefied natural gas sale and purchase agreement (SPA) with Total Gas & Power North America…
Cambridge Consultants unveiled work that it believes will give a much-needed boost to offshore oil leak detection. It has built an oil spill detection technology platform capable of detecting the natural fluorescence of tiny amounts of oil in or on water…
Ukrainian officials with Jordi Sarda BonvehiUkraine signs fake deal on state television Oilprice.com - Certainly the folks at Gazprom are having a good snicker, reveling in the mockery that has been made of what should have been a landmark…
The FROG in actionReflex Marine demos FROG transport in HoustonReflex Marine, a global leader in safe marine transfer solutions, has attracted interest from operators in the Gulf of Mexico after hosting a crane and lifting open day at its new Accredited Service Center (ASC) in Houston…
Three Streams EngineeringFoster Wheeler buys Canadian engineering firmFoster Wheeler has acquired Calgary-based Three Streams Engineering for an undisclosed amount.Three Streams is a multi-discipline full service engineering, procurement…
Like a Christmas present, what was widely rumored and anticipated following recent Israeli hydrocarbon discoveries, Houston’s Noble Energy announced in late December 2011 the results of its recent well in the Cypriot Economic Zone. It contains up to 9tcf of natural gas…
The new year of 2012 does not offer great tidings of comfort and joy for the marine seismic business. Andrew McBarnet explains why.Contemplating prospects for 2012, there is a discernible air of frustration, even resignation, in the marine seismic community…
Helix Energy Solutions Group is selling its Caesar, Express and Intrepid pipelay vessels with related equipment in separate transactions. Coastal Trade is purchasing the Express and Caesar for US$238 million in deals expected to close next year…
Floatel Superior and Statoil's Njord A platformAll non-essential personnel, some 336 people, onboard the Floatel Superior have been evacuated after the semisubmersible sustained damage on two ballast tanks, Statoil announced on 8 November 2012…
EMAS has secured two contracts with South Korean clients worth a combined total of approximately US$200 million.EMAS' subsea division (EMAS AMC) was awarded an EPCIC contract in Asia by STX Offshore & Shipbuilding Co. Ltd for the engineering…
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