French oil and gas giant Total has boosted storage and computing power of its Pangea supercomputer in Pau, France, making it, Total says, the strongest unit of the kind withing the oil and gas industry. In a statement on Tuesday, the company said its Pangea supercomputer has increased its computing
By Nerijus Adomaitis (Reuters) – British prompt gas prices fell on Tuesday morning on an oversupplied system as domestic supply and imports from Norway were strong, and demand softened due to milder weather. Gas for immediate delivery fell by 1.3 pence or 4.3 percent to 28.70 pence per therm by 0930
Sean L’Estrange has been appointed as Western Australia’s new minister for Mines and Petroleum, and Small Business. The appointment comes as part of WA Premier Colin Barnett’s move to add new faces to the Cabinet “to reflect the Government’s commitment to broadening the State’s economy.“ Bill Marmio
Thirteen countries have been removed from the United States Coast Guard’s (USCG’s) Qualship 21, a list of high-quality ships for the 21st century. “There were 26 eligible flag states in 2015 of which 13 fell off the 2016 Qualship 21 preliminary list,” the Republic of the Marshall Islands (RMI) Regis
Azerbaijan’s state-owned oil company Socar has started drilling a new well at the Neft Dashlari field, also known as Oil Rocks, located in the Caspian Sea. Socar informed on Monday that the well would be drilled to 1860 meters of depth, and its daily production would reach 10 tons of oil. According
The operations at the port of Oakland’s largest container terminal were halted on Monday due to a dispute between the unionized dockworkers and their employer. The dispute led to over 20 workers, represented by the International Longshore and Warehouse Union (ILWU), reportedly being fired after they
Bourbon Offshore, a France-based supplier of offshore support vessels, is seeking to diversify its activities citing very difficult market facing the offshore services sector. Therefore, Bourbon has decided to acquire the activities of companies in ethane transportation. It comprises the following c
Xodus, a provider of engineering and advisory support for oil and gas industry, has teamed up with the University of Dundee to undertake a project in which it will develop analysis methods and design guidance for the removal of subsea structures used in the oil and gas industry. The project will be
A large weapons cache was seized aboard a dhow in the Northern Indian Ocean by the French naval personnel, according to the Combined Maritime Forces (CMF). The illegal cargo was being shipped to Somalia when it was spotted by the navy’s helicopter during a routine maritime security and counter terro
LNG Limited’s Bear Head LNG agreed to buy additional land from Nova Scotia Business for possible expansion of its liquefied natural gas export facility on the Strait of Canso in Richmond County, Nova Scotia.
After many years of decline, production of petroleum and other liquids in the United Kingdom increased in 2015, but production could significantly decline in 2018 and beyond, the U.S. Energy Information Administration (EIA) has said in its latest report. According to EIA, UK’s production of petroleu
Cameron, a provider of flow equipment products, systems and services to the oil and gas industry, has elected to express no opinion and remain neutral toward the offer by Schlumberger on March 22, 2016 to purchase up to $1.2 billion aggregate principal amount of the outstanding senior notes of Camer
Five crew members have been kidnapped from a 6,436 dwt tanker after pirates attacked the vessel offshore Niger Delta, Nigeria on March 26, according to the UK-based security broker agency Asket. At least eight pirates boarded the chemical tanker MT Sampitiki after midnight and remained onboard the v
E.ON has filed an application to the Marine Management Organisation (MMO) for the removal of Rampion’s met mast lattice structure, which disconnected from the platform and collapsed into the water in 2014. According to the document, the structure will be removed by Fugro Seacore, now one of Fugro Ge
