Vantage Drilling, an offshore drilling contractor, has called off a construction and sale contract with Daewoo Shipbuilding & Marine Engineering (DSME) for a newbuild ultra-deepwater drillship. Vantage ordered the drillship in July 2013 and, according to its 8K SEC filing, terminated the contract on
Oil and gas services company Wood Group said its total revenue in the first half dropped 19.3 percent to $3.1 billion due to low oil prices. The company’s profit before tax was down 14.3 percent at $156.3 million from a year earlier. “Conditions in oil & gas markets remain very challenging,” Bob Kei
The owners of quarry in the Lizard are facing another hurdle in an attempt to benefit from Swansea Bay tidal energy development. Namely, the judge allowed Cornwall Against Dean Superquarry (CADS) group to challenge a Cornwall Council decision to allow Dean Quarry to reopen, writes Western Morning Ne
Wood Group, a company providing services to the international oil and gas industry, has so far this year laid off 13 percent of its workforce, aiming to cut costs amid the downturn in oil and gas industry activity. The company on Tuesday said that a decline in industry activity sparked by a drop in
Santos informed that it has brought gas into its LNG production Train 1 at GLNG on Curtis Island, making good progress towards start-up of the project.
The recent catastrophe at the port of Tianjin in China, which resulted in the loss of at least 100 lives, with many more people still missing, shows the growing trend of accumulation risks – when a single event causes an exceptionally large group of related losses – such as this, according to the In
The recent catastrophe at the port of Tianjin in China, which resulted in the loss of at least 100 lives, with many more people still missing, shows the growing trend of accumulation risks – when a single event causes an exceptionally large group of related losses – such as this, according to the In
Carnegie Wave Energy Limited has been named as one Australia’s 50 Most Innovative Companies by Business Review Weekly (BRW). Carnegie was selected from over 500 entries by a panel of industry experts. Other companies selected in the top 50 included:- financial management software firm MYOB, sporting
Carnegie Wave Energy Limited has been named as one Australia’s 50 Most Innovative Companies by Business Review Weekly (BRW). Carnegie was selected from over 500 entries by a panel of industry experts. Other companies selected in the top 50 included:- financial management software firm MYOB, sporting
Australia’s LNG Limited said it has appointed Kinga Doris as General Counsel and Joint Company Secretary.
Technip informed that Bhaskar Patel has been appointed as Managing Director, Technip India.
TruStar Energy said that it has opened a public CNG fueling station in Tulsa, Oklahoma.
Gazprom’s chairman Alexey Miller met with Huang Weihe, Vice President of PetroChina at the company’s headquarters.
amp Trillium, the joint venture between ampCNG and Trillium CNG, said it has opened a public-access compressed natural gas station in Newport, Tennessee.
