Topaz Energy and Marine is eyeing expansion into South America in the next two years as the Dubai-based oil services firm looks beyond the current difficulties in the sector caused by the lower oil price, its chief executive told Reuters.
A government adviser, an explorer, an HSE executive and a process engineer are the keynote speakers for this year’s OPITO Safety and Competence Conference – OSCC 2015. They will be joined on the panel by oil and gas industry leaders to explore the topic of “The Economics of Safety at $60 Oil”.
An experimental offshore floating wind farm project sponsored by the Japanese Ministry of Economy, Trade and Industry has been underway since March 2012. Participating in the project is a consortium comprised of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal, Hitachi, Furukawa Electric, Shimizu, and Mizuho Information & Research.
Liquefied Natural Gas Company Limited (NLNG), a joint venture between the government and foreign oil majors, has generated some 85 billion dollars from exports since its inception 15 years ago, the company announced late Friday.
Mubadala Petroleum announced on Thursday that production at its Nong Yao oilfield, located in the southern Gulf of Thailand, commenced on June 17 and production is expected to reach a peak rate of approximately 10,000 barrels per day (bpd) as more production wells are completed.
Maxxam Analytics recently opened a new testing facility in Edmonton, Alberta, that will provide lubricant and oil analysis services to help maintenance managers in both the industrial and heavy-duty equipment markets predict failures and prevent catastrophic maintenance events.
Oil exports from northern Iraq through a pipeline to the Turkish port city of Ceyhan resumed after a 10-hour stoppage caused by a technical fault on the Turkish side of the border, a senior Turkish energy official said.
Iran is gearing up to deploy its crude oil tankers to the market once the sanctions against the country are lifted, which is expected to take place by the end of January.
State oil giant Saudi Aramco has confirmed that it has been studying various options to list in capital markets.
Industry association Oil & Gas U.K. has announced government data showing U.K. Continental Shelf oil and gas production up nearly eight percent year over year
The new office will offer recruitment services for both permanent and temporary oil and gas contracts alongside the firm's pre-existing office in Dubai.