Black & Veatch said it appointed two senior leaders to guide its Energy-focused operations. The decision comes after the announcement that Dean Oskvig, current President and CEO of the company’s Energy business, will retire after 40 years of service, Black & Veatch said in a statement. Oskvig will c
Black & Veatch said it appointed two senior leaders to guide its Energy-focused operations. The decision comes after the announcement that Dean Oskvig, current President and CEO of the company’s Energy business, will retire after 40 years of service, Black & Veatch said in a statement. Oskvig will c
French LNG engineer Technip posted a net loss of €306.9 million in the second quarter of this year following a restructuring plan it announced earlier this month. Technip said on July 6 it plans to reduce its workforce for about 6,000 in a response to the downturn in the oil and gas market. The rest
French LNG engineer Technip posted a net loss of €306.9 million in the second quarter of this year following a restructuring plan it announced earlier this month. Technip said on July 6 it plans to reduce its workforce for about 6,000 in a response to the downturn in the oil and gas market. The rest
Horizon Geosciences announced the addition of a new vessel to its fleet, primed for work in the North Sea and West Africa. Horizon Geosciences Business Development Manager Matthew Suchley commented: “Demand for Horizon Geosciences’ geophysical survey services in the North Sea has been such that we s
Horizon Geosciences announced the addition of a new vessel to its fleet, primed for work in the North Sea and West Africa. Horizon Geosciences Business Development Manager Matthew Suchley said: “Demand for Horizon Geosciences’ geophysical survey services in the North Sea has been such that we sought
NYC-based PIRA Energy Group said it believes that liquefied natural gas supply/demand balances continue to tilt toward a major supply overhang. While the length in the market has not led to lower spot prices in the past 30 days, the methods required to dispose of incremental LNG supply are becoming
NYC-based PIRA Energy Group said it believes that liquefied natural gas supply/demand balances continue to tilt toward a major supply overhang. While the length in the market has not led to lower spot prices in the past 30 days, the methods required to dispose of incremental LNG supply are becoming
Offshore Energy Today reported yesterday the consortium of oil companies had given up on their plans to explore for and exploit hydrocarbons in the Adriatic Sea, offshore Croatia. The two companies, Austria’s OMV and Houston-headquartered Marathon Oil, received a license to explore seven offshore bl
Oil & Gas UK’s Business Sentiment Index for the second quarter of 2015 published Wednesday shows that while the UK oil and gas industry remains fragile, the companies’ outlook is improving, the representative organization for the UK offshore oil and gas Industry has said. According to Oil & Gas UK,
Classification society ClassNK informed it has released its guidelines for compressed natural gas carriers. Global economic and population growth is bringing about increased energy production and consumption. In its latest forecast, CEDIGAZ, an international not for profit association dedicated to n
Classification society ClassNK informed it has released its guidelines for compressed natural gas carriers. Global economic and population growth is bringing about increased energy production and consumption. In its latest forecast, CEDIGAZ, an international not for profit association dedicated to n
Oil & Gas UK launched Thursday new guidelines to minimize the frequency and duration of planned maintenance shutdowns and to improve the reliability and safety of installations on the UK Continental Shelf (UKCS). According to Oil & Gas UK, the new guidelines were prepared as part of the industry-wid
Total of France informed it has signed a deal to sell 20% of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P UK Limited for £565 million (around $876 million). “The sale of these minority interests is aligned with Total’s portfoli