Ghana Opens The Valves On A $1 billion FPSO
By Kwasi Kpodo (Reuters) Ghana began pumping crude from a second offshore field operated by British company Tullow Oil on Thursday,
By Kwasi Kpodo (Reuters) Ghana began pumping crude from a second offshore field operated by British company Tullow Oil on Thursday,
by David Yong & Denise Wee (Bloomberg) Singaporean companies struggling to meet debt obligations as oil prices slump may get more support from the
The glut of crude oil stored in ships on the North Sea is finally starting to dissipate. Demand for the commodity has increased as traders take advantage of
by Adam Williams (Bloomberg) Exxon Mobil Corp., Chevron Corp. and Hess Corp. have agreed to bid together for rights to drill for crude in
(Bloomberg) China’s imports of crude oil, coal and natural gas slowed in July, offering no solace for producers hoping demand from the world’s largest
By Henning Gloystein (Reuters) Long a shipping registry but best known for diving, lagoons and the island that gave the world the name for the bikini swimsuit,
by Masumi Suga Ichiro Suzuki (Bloomberg) As deep as 1,600 meters (5,250 feet) under water and 1,500 kilometers (930 miles) from Tokyo, work has begun on the
by Matthew Braga (Bloomberg) Until recently, oil and gas kept robots moving in more ways than one. Fossil fuel companies looking to speed up exploration,
BY GWLADYS FOUCHE AND STEPHEN JEWKES (Reuters) European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years,
(Bloomberg) — Keppel Corp., the world’s largest builder of oil rigs, sees little prospect of an improvement in global demand amid a supply surplus
South Korean shipbuilder Hyundai Heavy Industries says it has delivered the world’s largest semi-submersible drilling rig to Diamond Offshore. The rig,
(Reuters) Asian prices for liquefied natural gas (LNG) were set to rise next week on strong prompt demand from Argentina and India as well as potentially
by Jennifer A. Dlouhy (Bloomberg) — Environmental activists who dangled from bridges and paddled kayaks around an Arctic rig have a new strategy for
Uhhh, was that supposed to happen like that? Seriously, was that planned? Kind of seems like that it was. I don’t know under what circumstance anyone
By Jennifer A. Dlouhy (Bloomberg) — After plunking down more than $2.5 billion for drilling rights in U.S. Arctic waters, Royal Dutch Shell,
DONG Energy has declared option for a second wind turbine Service Operation Vessel with Norwegian-based shipping company Østensjø Rederi requiring the
By Luca Casiraghi and Mikael Holter (Bloomberg) — A bargain for shipping tycoon George Economou is bad news for creditors holding $24 billion of
By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is adapting its cost base to prepare for the risk of lower crude prices as the world keeps
By Kyunghee Park (Bloomberg) — Samsung Heavy Industries Co., the world’s third-largest shipbuilder, said an order to build three floating liquefied
The U.S Bureau of Safety and Environmental Enforcement (BSEE) has determined the designs exisint offshore platforms are strong enough to survive extreme
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