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DW: Almost 100.000 oil workers out of work due to oil price plunge
News

DW: Almost 100.000 oil workers out of work due to oil price plunge

The oil & gas industry currently suffers a shortage of mid-career professionals primed for leadership & supervisory roles, the legacy of the last oil price downturn in the 1980s to mid-90s, Douglas Westwood, an energy industry intellignce group, writes in its DW Monday report. At that time the ind

about 11 years ago
Egypt launches tender for second FSRU
News

Egypt launches tender for second FSRU

Egypt has reportedly launched a five-year tender on Sunday to lease a second floating storage and regasification terminal. State-owned Egas sent the tender to eight international companies and expects to get a reply within a week, Reuters cited the company’s Chairman Khaled Abdel Badie as saying. Th

about 11 years ago
Egypt launches tender for second FSRU
News

Egypt launches tender for second FSRU

Egypt has reportedly launched a five-year tender on Sunday to lease a second floating storage and regasification terminal. State-owned Egas sent the tender to eight international companies and expects to get a reply within a week, Reuters cited the company’s Chairman Khaled Abdel Badie as saying. Th

about 11 years ago
Strengthening Maritime Relationships
News

Strengthening Maritime Relationships

This year’s Maritime Industry is already the eleventh edition of the exhibition for the entire maritime industry. From shipbuilding to ship repair and from engineering to financial services; all branches of the industry will be present. The exhibition takes place from 2 until 4 June 2015. What is to

about 11 years ago
Video: Wheatstone topsides installed
News

Video: Wheatstone topsides installed

Chevron’s US$29 billion Wheatstone liquefied natural gas project installed the topsides for the offshore production platform. According to Chevron, the Wheatstone platform is the largest offshore gas processing platform ever installed in Australia, with a topsides weight of about 37,000 metric tons

about 11 years ago
Video: Wheatstone topsides installed
News

Video: Wheatstone topsides installed

Chevron’s US$29 billion Wheatstone liquefied natural gas project installed the topsides for the offshore production platform. According to Chevron, the Wheatstone platform is the largest offshore gas processing platform ever installed in Australia, with a topsides weight of about 37,000 metric tons

about 11 years ago
X-STERN Nominated for Prestigious Award
News

X-STERN Nominated for Prestigious Award

X-STERN™ has been nominated as one of the top four candidates for the Next Generation Ship Award. The Next Generation Ship Award recognizes achievements in innovative ship designs. The winner will be announced at the Nor-Shipping Opening Conference in June. The X-STERN, having much of the same chara

about 11 years ago
Chevron Q1 profit down 43 pct
News

Chevron Q1 profit down 43 pct

US energy major Chevron, which is developing two giant LNG projects in Australia, posted a drop of 43 pct in its first quarter profit. Chevron’s earnings in the first quarter were at US$2.6 billion, compared with US$4.5 billion in the same period a year ago. “First quarter earnings declined from a y

about 11 years ago
Chevron Q1 profit down 43 pct
News

Chevron Q1 profit down 43 pct

US energy major Chevron, which is developing two giant LNG projects in Australia, posted a drop of 43 pct in its first quarter profit. Chevron’s earnings in the first quarter were at US$2.6 billion, compared with US$4.5 billion in the same period a year ago. “First quarter earnings declined from a y

about 11 years ago
Clifford Chance Expands Its Team
News

Clifford Chance Expands Its Team

International law firm Clifford Chance has appointed 25 new partners, including three in Amsterdam. These appointments reflect the rapidly evolving markets in which the new partners are active. They advise clients on areas including corporate governance, risk, antitrust, high yield and financial reg

about 11 years ago
GAIL of India appoints finance director
News

GAIL of India appoints finance director

India’s GAIL informed that Shri Subir Purkayastha took over as Director (Finance) of the company. A chartered accountant and company secretary by professional qualification, Purkayastha is also experienced in the areas of finalization of long-term LNG agreements, liquefaction and regasification term

about 11 years ago
GAIL of India appoints finance director
News

GAIL of India appoints finance director

India’s GAIL informed that Shri Subir Purkayastha took over as Director (Finance) of the company. A chartered accountant and company secretary by professional qualification, Purkayastha is also experienced in the areas of finalization of long-term LNG agreements, liquefaction and regasification term

about 11 years ago
Saudi Aramco names new CEO
News

Saudi Aramco names new CEO

Saudi Aramco has appointed Amin H. Nasser as the acting President and Chief Executive Officer of the company. Amin H. Nasser is a member of the Board of Directors of Saudi Aramco and he held the position of Senior Vice President, Upstream since 2008. Nasser joined Saudi Aramco after graduating with

about 11 years ago
Ship Carrying Toxic Chemicals Sinks Off Costa Rica
News

Ship Carrying Toxic Chemicals Sinks Off Costa Rica

A ship carrying 200 tonnes of ammonium nitrate sank offshore Costa Rican town of Puntarenas. The incident forced the government to establish an emergency zone along 100 km of the coast and to ban fishing and swimming. The toxic chemicals that the ship was carrying are used in production on fertilize

about 11 years ago
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