Who would be the best person to run Trump's energy policy?
Donald Trump, the president-elect of the United States, has pledged to overhaul U.S. Energy Policy. He aims to maximize oil and gas production in this country which is already at record levels by rolling back regulations and accelerating permits. Who will he select to lead the departments and agencies that are critical to completing this task? These are some names that have been considered. Two sources with knowledge of the matter say that Trump's second Energy secretary Dan Brouillette…
Texas sues Biden Administration over lizards' endangered status, citing oil industry threat
Texas Attorney General Ken Paxton filed a lawsuit against the Biden administration Monday, claiming that the decision to declare the dunes sagebrush Lizard as an endangered species could harm property owners or energy production. Paxton, who is a Republican, claimed that the U.S. Fish and Wildlife Service based its final rule, adopted on May 20, on inaccurate data and arbitrary assumptions regarding the future of the lizard. He said that the move would threaten the ability of private landowners to conduct business…
Top Australian banks restrict lending to carbon intensive projects
By slowing down lending for carbon-intensive projects, leading Australian banks are increasing their efforts to reduce carbon emissions and align themselves with global climate goals. Commonwealth Bank of Australia, the country's largest lender, announced on Wednesday that it plans to reduce carbon emissions associated with loans and investments for thermal coal mine customers to zero by 2030. National Australia Bank (NAB), the top business lender in Australia, announced on Wednesday that it would not finance thermal coal mining clients or projects.
Norway to Admit Non-Resident Europeans Working in Oil Industry
Norway will allow entry to certain European citizens for work in sectors critically short of labor including agriculture and the oil industry despite its lockdown to fight the coronavirus pandemic, the government said on Monday.The measure, which takes immediate effect in the Nordic country, relaxes some of the restrictions on foreign travelers imposed to combat the transmission of coronavirus.Since March 16 Norway has barred arrivals of foreigners and ordering out those already in the country…
Premier Oilfield Group Names Keenan CEO
Premier Oilfield Group has appointed Patrick “Paddy” Keenan as CEO, beginning October 28, 2019, the oilfield services company announced on Tuesday.Keenan brings to the role experience in both the US and international oil and gas industries, having held leadership roles in a number of oilfield service companies, including technology startups, and was also the CEO of an exploration & production (E&P) company. These include GeoMechanics International…
Penman to Head up Malin React
Newly launched Malin Group arm Malin React has appointed Graham Penman as a Business Unit Manager to head up its operation.Penman has been appointed to oversee Malin React, one of seven subsidiary brands which make up Malin Marine Limited, formally Malin Marine Consultants Aberdeen. It specializes in complete solutions for rapid installation of offshore marine equipment onto vessels (mobilizations), with a focus on the defense, renewables and offshore oil and gas sectors.With over 25 years’ experience in engineering…
Iran, Iraq Plan Two Oilfields Development
Iran and Iraq have reached an agreement for joint development of the Naft Shahr and Khorramshahr joint oil fields, Iranian Minister of Petroleum Bijan Zangeneh said.Speaking on Sunday, on during a visit to the Energy Industries Engineering and Design (EIED, an affiliate to the Oil Industries' Engineering and Construction (OIEC)), the official said: "There are massive potentialities for expanding Iran-Iraq cooperation in oil, gas, refining and petrochemicals grounds…
Weir launches sale of flow control business
British engineer Weir has launched the sale of its flow control business in a move that could value the supplier of pumps and valves at more than 300 million pounds ($389 million), according to sources with knowledge of the matter.Bankers for the FTSE 250 listed company have sent out confidential information about the division to prospective buyers ahead of an auction of the business, two sources told Reuters.The unit is expected to generate core earnings of 38 million pounds next year and first round bids are due on Nov.
MMT Inks 10 New Contracts over 2 Months
Swedish based marine surveyor MMT has during the past two months received 10 new subsea survey and inspection projects within the offshore wind, renewable energy and oil and gas industries.MMT said the contracts, some of which are in joint collaboration with MMT’s Norwegian partner Reach Subsea, come from a wide portfolio of old and new clients, including Siccar Point Energy, Equinor, Perenco, SSE, Örsted, Vattenfall, GreenLink Interconnector, National Grid…
Unique Group Enters into West Africa JV
Subsea and offshore solution provider Unique Group said it has formed a joint venture (JV) with Nigeria-based Charkin Maritime & Offshore Safety Ltd, a professional training company for the maritime and offshore oil and gas industries.The newly formed JV, Unique Charkin System Ltd, based out of Port Harcourt in Nigeria, offers a full range of support to the oil and gas market in Nigeria and will further extend services into Sub-Saharan Africa.Although already active in the region for some time…
VOS Stone Equipped with Ampelmann W2W Gangway
Vroon Offshore Services and Ampelmann have joined forces to deploy a Walk to Work (W2W) solution for the Arkona offshore wind farm, located in the German Baltic Sea. Vroon’s VOS Stone vessel, the newest addition to its offshore-support fleet, will be mobilized with an Ampelmann A400 gangway system. The gangway, launched in 2017, will be utilized for the first time for W2W operations during array cabling work and commissioning of the Arkona offshore wind farm.
GMG Completes Cable Burial Work off the Netherlands
Global Marine Group (GMG), a provider of offshore engineering services to the renewables, telecommunications and oil and gas industries, said it has completed a remedial cable burial project for Prinses Amaliawindpark (PAWP), a wind farm off the Netherlands’ West Coast. PAWP covers an area of around 14km2 and comprises of 60 wind turbines that are connected by eight in-field cable strings that converge at the central offshore high voltage station.
Trelleborg Achieves O&G Certification in Brazil
Trelleborg’s offshore operation in Macae, Brazil, has been awarded ISO 9001:2008 certification. The standard defines the quality management system requirements for the design, development, production, installation and service of products for the petroleum, petrochemical and natural gas industries. “Achieving ISO 9001:2008 is in-line with Trelleborg’s commitment to continuous improvement in the industry and in response to our customers’ seeking suppliers with the accreditation,” Soares said.
Wind-powered Oil Recovery Project Green-lighted
The DNV GL-led WIN WIN Joint Industry Project (JIP), which melds offshore wind with offshore oil and gas, shows that for suitable fields,finds that wind-powered water injection is technically feasible, capable of meeting performance targets and offers a cost-competitive alternative to conventional water injection solutions. For the past year, participants from both the renewable and oil and gas industries have worked together in the DNV GL-led…
INPEX, MHI JV to Study Technological Challenges in Energy Sector
INPEX CORPORATION (INPEX) and Mitsubishi Heavy Industries, Ltd. (MHI) jointly announced today that they have concluded a memorandum based on an agreement to jointly study solutions for various technological challenges in the energy sector. Under the auspices of the memorandum, INPEX and MHI plan to jointly establish a working committee and address technological solutions including utilizing the Internet of Things (IoT)1 and robot technology to further optimize oil and gas production operations.
Palfinger Plans to buy Norway's TTS Group
PALFINGER AG, a company listed on the Vienna Stock Exchange and headquartered in Bergheim/Salzburg, intends to make a takeover bid, via its subsidiary Palfinger Marine GmbH, Salzburg, for all of the shares in Norwegian Bergen-headquartered TTS Group ASA. For every share traded on the Oslo Stock Exchange, a cash amount of NOK 5.60 would be offered. Subject to a positive outcome of the due diligence audit, the offer would be made in agreement with the Board of Directors of TTS, and TTS would recommend its shareholders to accept the offer.
Oil and Gas Pipeline Corrosion Tests Standard is Published
BSI, the business standards company, has published the new standard for corrosion testing in pipelines used in the oil and gas industry. BS 8701 Full ring ovalization test for determining the susceptibility to cracking of linepipe steels in sour service — Test method enables measurement of corrosion and environmentally assisted cracking of pipelines. The issue of pipeline stability and integrity has always been of great importance to the oil and gas industry for the safe transportation of petroleum and natural gas products.
ATR and Centurion Merge
A merger between Centurion Group and ATR Group is to create a global player in the oil and gas rental equipment and services market with a combined turnover of over £100 million. The group will operate from bases in the U.K., Netherlands, Caspian, Singapore, Australia and the U.S. The group will continue to be headquartered in Aberdeen with ATR’s chief executive, Keith Moorhouse, and chief financial officer, Euan Leask, becoming CEO and CFO respectively.
Allianz Middle East Ship Management, MCS Join Forces
Allianz Middle East Ship Management and Maritime Craft Services (MCS)have taken delivery of a Damen Fast Crew Supplier 2610. Demonstrating the cooperative relationship between the two companies, the new vessel will offer safe and cost efficient crew transfer services for up to 50 passengers to and from the Abu Dhabi oil fields.The two companies welcomed guests on board the new vessel in a festive celebration during this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).
Moeller Joins LNGL Board
Liquefied Natural Gas Limited appointed Philip D Moeller as a Non‐Executive Director of LNGL with effect from 7 December 2015. Philip is the Company’s third US‐based Non‐Executive Director following the appointments of Paul Cavicchi in October 2014 and Mike Steuert in February 2015. Former Commissioner Philip Moeller left the Federal Energy Regulatory Commission (FERC) in October 2015 as the second‐longest serving member in the history of FERC. by both President George W. Bush and President Barack Obama.
