Natural gas is still not a global fungible commodity, although the LNG trade steadily grows as projects and the global fleet expand. ExxonMobil thinks that worldwide natural gas use will grow more than any other fuel – by 65% over the next 30 years…
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…
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…
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…
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…
Baker Hughes has expanded its SmartCare line of products to include what the company describes as ‘more environmentally responsible’ drilling and completion fluids, production chemicals and additives used in cementing and stimulation procedures…
Since it began addressing safety critical fire water deluge system integrity issues a year ago, Paradigm Flow Solutions has rapidly expanded its provision in this area. The company is now working on life-of-field solutions with two North Sea operators…
Two Engineering Construction Industry Training Board (ECITB) initiatives have been launched in the UK for offshore companies looking to address the skills gap through the reskilling of adult trainees. The first 16 learners recently completed their training…
Multi-client specialist TGS took the marine seismic business by surprise last month with the purchase of Stingray Geophysical, a UK-based start up company focusing on seismic-based permanent reservoir monitoring (PRM). Andrew McBarnet discusses what prompted the move…
Following two years of development, Aberdeen Drilling Consultants recently launched its new ADC Virtual Academy division, offering what they believe is the world's first online course focused on drilling equipment for the oil & gas industry…
Mexico just registered its first Clean Development Mechanism with the United Nations under a collaboration between Pemex and Statoil to reduce gas flaring at the onshore Tres Hermanos oil field in Mexico. Statoil said 26 October 2010 the registration…
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