Corallian Energy gain increased investment
Reabold Resources Ltd has announced increased investment in Corallian Energy for pre-cash flow upstream oil and gas projects.
WATCH: Shell’s Cougar platform becomes artificial reef
Shell's platform off the Louisiana coastline within the Gulf of Mexico has become an artificial ecosystem for sea life.
Westinghouse wins 10-Year outage contract with Xcel Energy
Westinghouse Electric Company today announced it has been awarded a 10-year integrated outage services contract by Xcel Energy for its fleet of nuclear plants in Minnesota - two pressurized water reactor units at the Prairie Island Nuclear Generating Plant in Red Wing, Minnesota and a single-unit boiling water reactor at the Monticello Nuclear Generating Plant in Monticello, Minnesota.
TWMA agrees six-figure North Sea deal with AGR and Decipher Energy
Drilling waste management service firm TWMA has announced a six-figure contract agreement with AGR and Decipher Energy.
BP and Energean extend Prinos Field offtake agreement until 2025
Energean Oil & Gas has announced the extension of the Prinos long-term offtake agreement with BP Oil International Limited until 1 November 2025.
£30million government funding for vehicle-to-grid technology
The UK Government has announced that it will plough £30 of investment into vehicle-to-grid (V2G) technology.
Subsea 2018: North-east pupils glimpse below the surface of the industry
More than 100 north-east high school pupils got to experience the life of an offshore diver, or even an ROV driver, at Subsea Expo 2018 yesterday.
Subsea 2018: ‘Buoyancy’ in the air at this year’s expo
Subsea Expo 2018 has been hailed as a big success by exhibitors and delegates, with some noting the palpable sense of a North Sea recovery in the air.
Subsea 2018: Oil downturn has brought ‘huge opportunity for wave energy’
Jonathan Hodges, senior innovation engineer for Wave Energy Scotland (WES), has essentially turned up to Subsea Expo 2018 on a charm offensive.
Kvaerner see earnings eclipsed by falling operating revenues
Norwegian firm Kvaerner has reported healthy earnings, but they come against the backdrop of significant revenue losses for the year.
Scores of new tenants at Aberdeen Energy Park
Moorfield Group is enjoying fruitful spell at its Aberdeen Energy and Innovation Parks, with a string of new tenants making it their home.
Kenya halves share of oil income for communities in new law
Kenya halved the amount of revenue it will distribute to local communities once commercial oil production starts, setting up a potential dispute with residents of its economically deprived northern Turkana region.
Cher backs campaign calling for Irish ban on oil and gas drilling
Pop star Cher has lent her support to a campaign to ban drilling for oil and gas in Ireland.
Aker Solutions wins three asset contract from Petrobras
A three platform contract has been awarded to Aker Solution from Brazillian oil and gas giant Petrobras.
Subsea 2018: Caley claim they’ve found a model with virtually ‘no hiding places’
Part of the Seanamic Group, Caley Ocean Systems have been designing and manufacturing offshore handling systems for the energy, diving, defence and seismic sector for exactly half a century.
Subsea 2018: New oil and gas production tech business hits the market
Aberdeen-based FrontRow Energy Technology Group has announced the launch of a new production technology business for the oil and gas sector.
NRG selling renewables business with shift back to fossil fuels
After previously preaching a future of greener energy, NRG Energy is selling its renewable energy business for nearly $1.4 billion to New York investment fund Global Infrastructure Partners.
Tesla could be toppled as king of rooftop solar
Tesla Inc. may be losing the lead in the rooftop solar market.
Clarke closes $10million venture round led by Saudi Aramco
Today, Clarke Industrial Engineering completed the sale of $10 million of Series B Preferred Stock to a group of investors led by Saudi Aramco Energy Ventures.
Oil drops as volatility concern counters reported inventory draw
Oil extended declines as persistent volatility in global markets prompted caution among traders, even as U.S. inventories reportedly fell.
Wall Street analysts to Exxon: what’s with the silent treatment?
Wall Street wants answers from Exxon Mobil Corp.
Vattenfall post healthy 2017 profit as wind sees growth
Swedish energy firm Vattenfall have enjoyed a healthy pre-tax profit in 2017 with a £1.1billion return.
Subsea 2018: J2 Subsea appoint new general manager
ROV and underwater firm J2 Subsea have announced the appointment of Christian Blinkenberg as general manager.
Iran orders armed forces to sell all energy, business assets
Iran’s armed forces, some of which are under U.S. sanctions, must divest from energy assets and other businesses to help save the Persian Gulf nation’s economy, President Hassan Rouhani said.
Oil world turned upside down as America sells oil in Middle East
The United Arab Emirates, a model Persian Gulf petro-state where endless billions from crude exports feed a giant sovereign wealth fund, isn’t the most obvious customer for Texan oil.