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Oil & Gas Technology News Archive

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28th May 2020

Weilian Chemical is a subsidiary of Dongying United Petrochemical Co., Ltd, one of the leading manufacturers and distributors of petroleum and petrochemical products in China. Weilian Chemical intends to...
20th May 2020

Reflecting recent significant market volatility, Total and Norway-based private equity investor HitecVision have successfully renegotiated the financial terms of the deal to respond to the current...
18th May 2020

The award follows on from Aquaterra Energy’s successful design, build and installation of its Sea Swift conductor supported platform (CSP) for DeNovo Energy’s first west-coast field development...
15th May 2020

"The Northern Lights project could become the first step to develop a value chain for Carbon Capture and Storage (CCS), which is vital to reach the global climate goals of the Paris Agreement....
DNV GL report cover
14th May 2020

A fifth (21%) of senior oil and gas industry professionals say their organization is already actively entering the hydrogen market, according to a new report published by DNV GL, the technical advisor to...
12th May 2020

The launch of a vital project that will investigate the role of a flexible energy system in achieving a net zero economy has been announced today by a new cross sector consortium. The project, led by the...
Moray Melhuish
6th May 2020

WFS won the Small Business Spotlight on New Technology® Award for both its Seatooth SmartClamp and its Subsea Cloud Computing Network innovations – the only company to win two OTC 2020 awards and...
The Johan Sverdrup field in the North Sea.
6th May 2020

After the divestment, Equinor ASA will no longer hold any shares in Lundin Energy AB.“This transaction follows our divestment of a 16 percent shareholding in Lundin in July 2019 and concludes what has...
6th May 2020

The awards, gained under a competitive tender process with an International Oil Company, involve the provision of Duty Holder support services for an offshore support vessel, and Operations and Maintenance...
5th May 2020

The consideration is intended to be paid in cash, but National Fuel has the option to provide up to $150 million of NFG common stock as consideration. The transaction is part of divesting non-core assets...

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