Jan De Nul Group prepares for NASR 2 cable installation

by Timothy Reeder | Oct 4, 2017 | News

After having been awarded the project last December 2016 by Hyundai Heavy Industries Co. Ltd (HHI), Jan De Nul Group’s preparations for the subsea cable laying work for ADMA-OPCO’s NASR Full Field Development Package 2 Project off the coast of Abu Dhabi in the Arabian...

Statoil, Shell and Total enter CO2 storage partnership

by Timothy Reeder | Oct 4, 2017 | News

The partners are today signing a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway. In June,...

Gazprom tops S&P Global Platts Top 250 Global Energy Company Rankings

by Timothy Reeder | Sep 27, 2017 | News

The Gazprom Group is ranked first in the annual S&P Global Platts Top 250 Global Energy Company Rankings. Company rankings are calculated based on a number of financial indicators, such as asset worth, revenues, profits, and return on invested capital. The first...

BP starts production from giant Khazzan gas field in Oman ahead of schedule and under budget

by Timothy Reeder | Sep 27, 2017 | News

BP, together with the Ministry of Oil & Gas of the Sultanate of Oman, today announced that production has begun from the giant Khazzan gas field, which is operated by BP in partnership with Oman Oil Company Exploration and Production. His Excellency Dr. Mohammed...

SGT-800 industrial gas turbine delivers even more power and higher efficiency

by Timothy Reeder | Sep 22, 2017 | News

Siemens is now offering its SGT-800 industrial gas turbine with a power output of 57 megawatts (MW) and an electrical efficiency of more than 40% in simple cycle application. In a combined cycle configuration the power output is 163 MW at a net efficiency of more than...

Total and Chevron to explore in deepwater Gulf of Mexico

by Timothy Reeder | Sep 22, 2017 | News

Total announces that its subsidiary, TOTAL E&P USA, INC. (“Total”), has entered into an agreement to capture 7 prospects operated by CHEVRON U.S.A. INC. (“Chevron”) in the deepwater Gulf of Mexico. The agreement covers 16 blocks. The associated prospects are...