Merger of Siemens Wind Power and Gamesa

by Timothy Reeder | Apr 7, 2017 | News

Siemens concluded the merger of its wind power business with Gamesa on schedule. Siemens Wind Power and Gamesa will form a world-leading wind power provider, with an unrivalled global presence and an excellent position in an attractive growth market. The two companies...

Total Introduces Natural Gas Fuel for Trucks and Transporters in France and Continues Expansion in Europe

by Timothy Reeder | Apr 6, 2017 | News

Total yesterday officially inaugurated its first natural gas fueling station in Nantes, France. Natural gas fuel is an alternative fuel primarily used by trucks and transporters such as garbage trucks and buses. Another 15 stations will be opened this year, followed...

ExxonMobil Announces New Oil Discovery Offshore Guyana

by Timothy Reeder | Apr 4, 2017 | News

Exxon Mobil Corporation announced recently positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara. “The latest discovery...

Siemens to provide wind turbines for 21 MW Futuren project in France

by Timothy Reeder | Apr 4, 2017 | News

Siemens Wind Power has received an order for a new onshore wind project in the southwest of France. The new wind power plant, owned by Futuren, an international independent renewable energy producer, will be installed on a site close to the towns of Courant and...

BP to sell Forties Pipeline System to INEOS

by Timothy Reeder | Apr 4, 2017 | News

BP today announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS. Subject to partner, regulatory and other third...

BP makes third gas discovery in North Damietta Concession, East Nile Delta, Egypt

by Timothy Reeder | Mar 27, 2017 | News

BP announced today another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 metres in water depth of approximately 108 metres using the El Qaher II...