Excelerate Energy and Petrobangla have reached agreement on terms for the development and operation of Bangladesh’s first LNG import terminal. The agreement includes the provision of one of Excelerate’s existing floating storage and regasification units (FSRU) under a 15-year long-term charter, as w
LORC is going to hold a two-day celebration in honour of opening a facility for the world’s most advanced and realistic testing of nacelles. The event will be held on 10th and 11th of September. The first day of this event comprises VIP Conference Advanced Testing of Nacelles. Independent Reliabilit
From 23 to 25 April 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Det norske’s follow-up of the Ivar Aasen project. The objective was to verify that engineering of the load-bearing structures was in compliance with applicable regulations. Result No non-conformities were i
Pipeline engineering specialist STATS Group has invested $850 000 (£500,000) in establishing a global training centre at its UK headquarters near Aberdeen. In response to higher demand for its patented technologies, the centre will be used to meet the group’s training and competency assessment needs
MCG, an international marine seismic data provider, specialising in 2D multi-client offshore seismic surveys offered to oil & gas companies worldwide, has announced that the processing of the MCG1302 data has been finalized. The survey covers license PL720, awarded in the 22nd Concession Round, and
Okayama University’s Shinji Hiejima is looking for industrial partners to commercialize his experimentally proven and patented concept of the Hydro-VENUS system for converting tidal energy into electrical power. Research on converting tidal energy into electricity energy has a long history with the
The National Energy Board (NEB) has approved a Geophysical Operations Authorization (GOA) application from TGS-NOPEC Geophysical Company ASA (TGS), Petroleum GeoServices (PGS) and Multi Klient Invest AS (MKI) to conduct a 2D offshore seismic survey program in Baffin Bay and Davis Strait over five ye
The International Seabed Authority and the Government of the Republic of Korea have signed a 15-year contract for exploration for polymetallic sulphides. The contract was signed in Kingston on 24 June 2014 by the Secretary-General of the Authority, Nii Allotey Odunton and in Seoul on 15 June 2014 by
Since its formation in 2012, Tentec Training has been going from strength to strength providing training and competence assurance programmes in the assembly and tightening of bolted connections. Not only does the company provides hands-on practical and theory training in the UK leading to an Enginee
China’s renewable energy capacity increased from 27.8 GW in 2001 to 183 GW in 2013, and alternative sources are expected to account for more than 20% of the country’s total electricity generation by 2020, says research and consulting firm GlobalData. The company’s latest report states that China’s e
Minister of petroleum and energy Tord Lien opened Statoil’s new research centre for improved oil recovery (IOR) at Rotvoll in Trondheim, mid-Norway. A key element in reaching Statoil’s 60% recovery rate ambition on the Norwegian continental shelf (NCS) is now in place. Statoil’s head of research Lar
The latest provisional monthly energy statistics produced by the Department of Energy and Climate Change (DECC) were released today (June 26) according to the arrangements approved by the UK Statistics Authority. Provisional quarterly energy statistics for Q1 2014 (January to March), have also been
U.S. scientists recently embarked on a mission to map the ocean floor off the coast of North Carolina. The new data aims to find areas that would be ideal for wind farms with minimal impacts to sensitive fish habitats and ocean resources. This comes after the federal government allocated funds for w
Hurricane Energy plc, has successfully completed the testing phase of its key horizontal appraisal well in the Lancaster fractured basement oil discovery West of Shetland. The well will be suspended as a future producer. Production tests achieved a sustainable oil flow rate using an Electrical Subme
