U.S. company Fluor will acquire Dutch oilfield services company Stork Holding B.V. for €695 million ($755 million). Fluor will buy the Dutch firm from the UK-based private equity firm Arle Capital Partners. Fluor is a global engineering and construction headquartered in Irving, Texas, employs 40,000
U.S. based LNG engineer Fluor on Monday informed it has agreed to acquire Stork, a Dutch industrial services company, from Arle Capital Partners.
The Norwegian Ministry of Petroleum and Energy has announced that 26 companies have bid for acreage in the 23rd licensing round. The round offers nearly 60 frontier exploration blocks with around half in the exciting new Arctic province of the Norwegian Southeast Barents sea. Wood Mackenzie, one of
Wärtsilä, the Finnish engine manufacturer, will supply a 40 MW LNG-fired power generation plant to Kerala State Electricity Board in Southern India.
Gate terminal in the port of Rotterdam will see further expansion with the addition of a second LNG loading station for trucks and containers.
Blue Water Shipping has handled the transport of four gigantic wind turbine towers on their way to Osterild, where the Danish test centre for wind turbines is located. The tower sections weigh up to 190 tons each and have a diameter of nearly seven metres. The fourth transport was completed in Octob
Singapore’s Vallianz has secured a time charter contract valued at up to $98 million to supply four offshore support vessels to an undisclosed client in the Middle East. In a statement issued Monday, Vallianz said the client was an existing state-owned customer in the Middle East, which is one of th
Energy Software Intelligence Analytics (ESIA) has announced the completion of the acquisition of Douglas-Westwood Limited. According to ESIA, the acquisition of Douglas-Westwood represents ESIA’s next step in delivering a growth strategy for the company that includes a mix of new product development
Seismic explorer SeaBird Exploration has secured work for its Northern Explorer vessel. According to the company, the 76 meters long vessel has been hired for work in the greater Caribbean area. It will leave the TGS Gigante survey in Mexico in January 2016 for an estimated six to eight weeks. Phase
Liquefied Natural Gas Limited on Monday named Philip D. Moeller as a non‐executive director of the company with effect from 7 December 2015.
Hague-based gas and oil giant on Monday named Marjan Van Loon as the new president of Shell Nederland effective January 2016.
The Antigua Barbuda registered cargo vessel EMS Majestic, owned by German shipping company Fehn Ship Management, started sinking on Sunday some 13 miles south east of Eastbourne, in the Dover Strait, the UK Maritime and Coastguard Agency informed. The UK Coastguard received the mayday call from the
Adelaide-based Beach Energy secured an A$530 million debt facility replacing its existing lending arrangements.
Popular news, Nov 30 – Dec 6, 2015