Matrix Service Company said its unit, Matrix Service, won the engineering, procurement, fabrication, and construction contract for an LNG storage tank for the JAX LNG bunker facility at Dames Point near the Port of Jacksonville.
A delegation from the British Chamber of Commerce in Mexico is in Aberdeen this week, looking at opportunities to build closer business links between the Scottish and Mexican oil and gas sectors. The Mexican oil and gas industry in Mexico had been closed for foreign companies for years, however, sin
The United States Court of Appeals for the District Columbia Circuit issued a Judgement denying the petition by Sierra Club for review of FERC’s approval of Cheniere’s Corpus Christi LNG export project in Texas.
Italian oil firm Eni is looking to explore for oil and gas in the Persian Gulf, as Bahrain has invited the company to study and assess the potential of some exploration and production assets in the country. According to Eni, four agreements have been signed between the Bahrain Petroleum Company (Bap
By Henning Gloystein SINGAPORE (Reuters) – Oil prices rose by over 1 percent on Monday, pushed up by a statement from the producers’ club OPEC that it was committed to a deal made in September to cut output in order to prop up the market. Brent crude <LCOc1> was at $46.12 per barrel at 0746 [&hellip
ABU DHABI (Reuters) – The United Arab Emirates (UAE) energy minister Suhail bin Mohammed al-Mazrouei said on Monday the global oil supply glut was almost gone. Addressing the ADIPEC oil conference in Abu Dhabi, he said: “The glut is almost gone … I think we are at the bottom of this cycle…” He added
Deepwater offshore drillers are still fighting strong headwinds as the industry heads into the third year of the downturn, however, those who manage to live through 2017, might see the light at the end of the tunnel. According to Rystad Energy, a Norway-based energy intelligence group, utilization f
InterOil said the Court of Appeal of Yukon on Monday allowed the appeal lodged by Phil Mulacek overturning the Supreme Court of Yukon’s approval of the pending US$2.5 billion ExxonMobil transaction.
Egypt has reportedly decided to postpone plans to charter a third floating regasification unit (FSRU). State-owned EGAS decided to delay holding the tender for one month or to the end of November until a deal is made with the ministry of electricity over its needs for LNG over the coming period, Reu
The maritime industry is gearing up for exciting times in an expanding sector The next 30 to 40 years will see the full-scale removal of the North Sea oil and gas industry’s production infrastructure. To say that this will be a considerable task is very much an understatement. For example, it is est
Historically, the oil & gas industry has witnessed merger and acquisition (M&A) activity through cycles, as companies try to create value in volatile oil price environments, Douglas-Westwood, an energy intelligence group, said in its DW Monday report. The current downturn has resulted in a number of
Woodfibre LNG on Friday said its parent company Pacific Oil & Gas Limited, part of the Singapore-based RGE group of companies, has made the final investment decision for the project.
Gasum of Finland said the first gas filling station intended for cars, commercial vehicles as well as heavy-duty road vehicles in Turku has been inaugurated on Monday, November 7.
GE Oil & Gas has decided to expand its services facility in Egypt’s industrial free zone with an additional 2,000 square meters. GE said last week that its services facility in Egypt would reach a total of 5,000 square meters after the expansion. The announcement was made after a meeting with Mohame
