Wave of New LNG Export Plants Threatens to Knock Gas Prices
A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock gas prices and hurt some proposed projects…
Inside the Red-Hot Offshore Wind Energy Market
As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale…
NOV Warns Virus Fallout Could Hit Supply Chain
U.S. oilfield equipment supplier National Oilwell Varco on Friday called the coronavirus a "wildcard" in the oil industry's outlook, with an extended outbreak potentially hurting access to Chinese-make materials and foreign sales.The…
Galloper Contract Goes to Granada
Galloper Wind Farm Limited Ltd has awarded a contract to Granada Material Handling Ltd for service and maintenance of all 58 davit crane units installed on the 353MW project, 56 on wind turbine foundations and two on the offshore substation.Situated 27km off the Suffolk coast…
New Contracts for Dräger Safety UK in Energy and Marine
Dräger Safety UK has secured new contracts worth in excess of £3 million ($4.2 mln) after diversifying into new technology and training service areas focused on upstream and downstream operations in the North Sea. The marine and offshore safety equipment supplier…
Halliburton buys Summit ESP
Oilfield services provider Halliburton Co said on Wednesday it would buy oilfield equipment supplier Summit ESP Inc, which is backed by Oklahoma energy and banking billionaire George Kaiser. Tulsa, Oklahoma-based Summit ESP makes…
TechnipFMC & the Future of 'Super-profit Oil'
TechnipFMC’s Andersen discusses the way forward now that “super-profit oil” is over. Ann Kristen Andersen heads up oilfield projects as offshore services and equipment supplier TechnipFMC’s managing director for Norway and Russia.
Mitcham Acquires L-3’s Klein Associates
Geophysical equipment supplier Mitcham Industries, Inc. has acquired L-3 Communications Klein Associates, Inc., a designer, manufacturer and worldwide distributor of sonar and waterside security systems to military and commercial customers, effective January 1, 2016.
Petrojarl I Drydocked for EPC Redeployment Upgrade
After four months of preliminary work alongside, FPSO Petrojarl I moved on April 16, 2015 into Damen Shiprepair Rotterdam’s 307m long x 47 m wide dry dock no 8 for work to the hull. In all, the vessel will spend a year at DSR before heading off to the South Atlantic.
Foster Wheeler For Air Quality Control System Upgrade In West Virginia
Foster Wheeler AG announced today that a subsidiary of its Global Power Group’s Environmental and Industrial division has been awarded a contract by Longview Power, LLC to rehabilitate and optimize the wet flue gas desulfurization…
Foster Wheeler Signs Agreement With BOC to Replace Heat Exchangers
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has signed an engineering, procurement and construction management (EPCm) services agreement with BOC, a member of the Linde Group…
Foster Wheeler Wins Contract For Retrofit-SCR System
Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Turun Seudun Energiantuotanto Oy (TSE) for the design, supply and erection of a retrofit-selective catalytic…
Foster Wheeler's Terrace Wall Steam Reformer Heater For Kazakhstan
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Marubeni Corporation for the engineering and material supply of a new Terrace Wall steam reformer heater…
Mitcham Industries Announces Acquisition
Mitcham Industries, Inc. has announced that its wholly-owned subsidiary, Seamap Pte Ltd., ("Seamap"), which designs, manufactures and sells specialized marine seismic equipment, has acquired the marine energy source product lines from ION Geophysical Corporation.
