Technip and FMC Technologies have announced that their pending merger transaction has received an early decision from the United States antitrust regulators. The pair said on Monday that, under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), antitrust review of the transaction in
Paris-based LNG engineer Technip and Houston-based FMC Technologies said that the pending merger transaction between the companies has been cleared by the United States antitrust regulators. The transaction has received an early decision from the United States antitrust regulators under the Hart-Sco
TRG Wind, a wind turbine support company, has chosen Hull as the base for its European offshore operations. The company has already added three technical staff to its team since opening an office at The Deep Business Centre earlier this month. Managing Director David Elcombe said the availability of
Opening of the Panama Canal’s new locks may be a boom for Panama, shippers, US/Caribbean consumers and businesses, however, it could be seen as a possibly impeding financial disaster for the carriers, according to benchmarking and market intelligence platform for containerized ocean freight Xeneta.
Russian Vnesheconombank, the bank for development and foreign economic affairs, provided a guarantee for $3 billion of loans secured by the Novatek-led Yamal LNG project.
CNR International has resumed production from its Ninian South platform, located in the UK sector of the North Sea, after a shutdown last week. The spokesperson for CNR told Offshore Energy Today that the company restarted output from the Ninian South platform on Sunday morning. Production from the
Offshore safety watchdog, the Petroleum Safety Authority (PSA), has launched an investigation into an accident that occurred on Saturday on Eni’s Goliat FPSO offshore Norway. Offshore Energy Today reported earlier today that an offshore worker was injured in an accident on Eni’s Goliat field in the
The liquefied natural gas (LNG) market is expected to be oversupplied over the next few years due to the start-up of new projects in Australia, the U.S. and Russia, according to a report by the Qatar National Bank. High oil prices in the past, to which LNG contracts are linked, have encouraged the s
Construction of Dominion’s Cove Point LNG export facility is 38 percent complete, according to the company’s May update filed with the Federal Energy Regulatory Commission.
Australian BHP Billiton has made plans to increase its spending on exploration for the next year. BHP Billiton’s Petroleum exploration program is focused on three conventional deepwater basins in the Gulf of Mexico, the Caribbean (in Trinidad & Tobago and Barbados), and the Northern Beagle sub-basin
The California Air Resources Board (ARB) is pushing forward the Vessel Fleet and Terminal Plans submittals due date from July 1, 2016, to October 1, 2016. Under the The Airborne Toxic Control Measure for Auxiliary Diesel Engines Operated on Ocean-Going Vessels in a California Port (At-Berth Regulati
The decision by 52% of the voters in the EU referendum last week to vote to leave the EU has had far-reaching impact across the globe. The oil and gas sector, bruised from nearly two years of low oil prices, is bracing itself for the fall out, the energy intelligence group Douglas-Westwood said in i
French LNG supplier Axegaz, on Monday said its LNG Motion project could be awarded €27.8 million grant from the Connecting Europe Facility for Transport (CEF-T).
Saft has supplied its Uptimax nickel battery systems for E.ON’s Amrumbank West offshore wind farm. Saft has provided a total of 80 Saft Uptimax battery systems – one for each turbine. In the event of an interruption to the main power supply, the batteries are designed to deliver peak power for essen
