China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas developer, has become the first Chinese firm licensed to look for oil in the Arctic, a landmark step for overseas energy exploration for the world's ...
Tags: Arctic Oil, Mineral
The UK government believes there is much greater opportunity in developing the North Sea's remaining oil and gas resources than in the fledgling onshore shale gas sector, and plans to implement speedily recommendations laid out in a final ...
Tags: Shale Gas, North Sea Investment
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) ("Ithaca" or the "Company") announces completion of flow test operations on the second development well on the Stella field and provides an update on Greater Stella Area ("GSA") development ...
Tags: Ithaca, flow test operations, Greater Stella Area, Stella field, A2 well
Amarinth, a leading company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to the Oil & Gas, petrochemical, chemical and industrial markets, has secured three new orders this year from ...
Tags: Amarinth, foothold, Norwegian, oil, gas, sector, pump, Statoil
Work is now well underway to build a new North Sea headquarters in Aberdeen for leading UK independent oil producer EnQuest. Aberdeen’s Lord Provost yesterday (Tuesday, November 12) gave his seal of approval to what is set to become ...
ICE October Brent dipped to its lowest level in a week then settled $2.40 lower at $113.72/barrel Monday, while NYMEX crude also fell as uncertainty over a potential US strike against Syria remained. In after-hours trade, October Brent ...
Tags: Chemicals
Austrian oil and gas company OMV announced Monday a 2.65-billion-U.S. dollar acquisition of North Sea interests from Norwegian company Statoil, making it the largest industrial investment in Austrian history. In the deal expected to be ...
Tags: Gas Fields, North Sea Oil
OPEC would need to cut production sometime in the second half of 2013 or early 2014 to stave off "a large drop in prices," Kuwait's leading bank said in a report over the weekend. In its latest economic bulletin, released late Sunday, the ...
Tags: Crude Output, Kuwait Bank
The design of fluid instrumentation systems for use in harsh and corrosive environments has been boosted by an optimised new grade of 6Mo tubing. The mechanical characteristics of the new ?Parker Grade? 6Mo tubing have been optimised to ...
Spencer Coatings has become the U.K.'s largest independent coatings manufacturer after it acquired Stokes Paints in a deal worth £5million. Employing more than 100 people, the enlarged Spencer Coatings will have a turnover of more ...
Tags: Spencer Coatings, UK, acquire, Stokes Paints
European regulations aimed specifically at limiting emissions of volatile organic compounds (VOCs) from coatings have been mainly confined to decorative paints and the manufacture of the coatings themselves. The last piece of major ...
Tags: European, VOCs, decorative paints, manufacture of the coatings