James Fisher has acquired the assets and intellectual property rights of X-Subsea for a total consideration of £14.8 million ($23.12 million). Headquartered in Aberdeen, X-Subsea went into administration on April 27, 2015 following the collapse of its Norwegian parent company Reef Subsea AS. X-Subse
Clean Energy Fuels said its revenue for the first quarter was at $85.8 million, a decrease of 10% compared to the first quarter of 2014. Gallons delivered for the first quarter increased 27% to 75.2 million gallons, compared to 59.3 million gallons delivered in the same period a year ago, the compan
Clean Energy Fuels said its revenue for the first quarter was at $85.8 million, a decrease of 10% compared to the first quarter of 2014. Gallons delivered for the first quarter increased 27% to 75.2 million gallons, compared to 59.3 million gallons delivered in the same period a year ago, the compan
Statoil of Norway informed it named new chief financial officer (CFO), and launched business area for New Energy Solutions (NES). Three new executive vice presidents (EVPs) are appointed as members of the corporate executive committee (CEC), Statoil said in a statement on Tuesday. CFO Torgrim Reitan
Statoil of Norway informed it named new chief financial officer (CFO), and launched business area for New Energy Solutions (NES). Three new executive vice presidents (EVPs) are appointed as members of the corporate executive committee (CEC), Statoil said in a statement on Tuesday. CFO Torgrim Reitan
Rising West Africa to Europe crude trade, dramatic increases in spot fixtures out of the Middle East Gulf and a more active Caribbean market had helped the Suezmax market outperform Very Large Crude Carriers (VLCCs) for most of last year, but the tide has turned in 2015, UK shipbroker EA Gibson says
Maersk Oil has made an oil discovery in the 9/95 licence in the North Sea, offshore Denmark. The exploration well Xana-1X, was drilled in the northern part of the Danish North sea and has discovered hydrocarbons. “The drilling of the High Pressure High Temperature exploration well has been completed
TransCanada said that its Prince Rupert Gas Transmission project has entered into a project agreement with the Lake Babine Nation of northern B.C. that provides the Nation with financial and other benefits related to the pipeline project.
TransCanada said that its Prince Rupert Gas Transmission project has entered into a project agreement with the Lake Babine Nation of northern B.C. that provides the Nation with financial and other benefits related to the pipeline project.
Helix Well Ops’ new intervention semi-submersible, the Q5000, has set sail from Singapore yesterday, May 11, 2015, on its journey of over 13,000 miles to the Gulf of Mexico. Helix took delivery of the vessel from Sembcorp Marine’s Jurong Shipyard on May 5, 2015. Stopping at Mauritius, Namibia and Cu
Delfin LNG said it has last week submitted an application to the Maritime Administration and the United States Coast Guard to construct, own, and operate the Delfin LNG project under the Deepwater Port Act. The primary purpose of the proposed project is to provide a facility to liquefy natural gas f
Delfin LNG said it has last week submitted an application to the Maritime Administration and the United States Coast Guard to construct, own, and operate the Delfin LNG project under the Deepwater Port Act. The primary purpose of the proposed project is to provide a facility to liquefy natural gas f
Helix Well Ops’ new well intervention semi-submersible, the Q5000, set sail from Singapore, on May 11, on her journey of over 13,000 miles to the Gulf of Mexico. Stopping at Mauritius, Namibia and Curacao en route, she will arrive in United States’ waters in the summer of 2015. Helix is in discussio
Independent Oil and Gas plc (IOG), the North Sea focused oil and gas company, has started the 3D seismic remapping project over its Southern North Sea gas portfolio. The company says that the first results are expected by the end of May. IOG has decided to complete the remapping work over its portfo
