Japan made landmark progress in 2013 in methane hydrate development -- carrying out the world's maiden offshore production test and later confirming the existence of "substantial" structures containing shallow methane in the Sea of Japan in ...
Tags: Methane Hydrates, Chemicals
Based on preliminary US Census Bureau data, the American Iron and Steel Institute (AISI) reported Monday that the US imported a total of 2,584,000 net tons (nt) of steel in November, including 1,906,000 nt of finished steel (down 16.7 ...
Tags: Steel Imports, Mineral
Taiwan's National Science and Technology Program-Energy (NSTPE) will implement its second phase during 2014-2018 with an annual investment of NT$5 billion (US$167 million) in energy research to attain three major goals: energy ...
Shell today announces it has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. Regulatory approvals have been obtained and Shell will now hold a 73% ...
Tags: Shell, Parque das Conchas project, purchase
RWE Dea has arranged a deal with Repsol Exploración Guyana (Repsol) to farm-in to the Kanuku licence operated by Repsol in the Guyana-Suriname Basin located offshore from the coast of Guyana. By entering the South American country, ...
Tags: RWE Dea, Repsol Exploración Guyana, Kanuku licence, Guyana-Suriname Basin
The famous Washington, D.C., think tank Brookings recently put out a report noting that Taiwan's economy has shifted to a virtual dependency on IT supply chain businesses. The briefing paper, which can be found here, has some pretty serious ...
Tags: Electrical, Electronics, taiwan
JX Nippon Oil & Gas Exploration Corporation (President: Shigeo Hirai, "JX Nippon") is pleased to announce that through Greenland Petroleum Exploration Co., Ltd. ("GreenPeX"), it was successful in the 2012/2013 Licensing Round in Greenland ...
Tags: JX Nippon, GreenPeX, Block 9, Block 14, Chevron, Shell
Keppel FELS Ltd (Keppel FELS) has delivered ARABDRILL 60, a KFELS B Class jackup rig, to Arabian Drilling Company (ADC) five days ahead of schedule, on budget and with a perfect safety record. This marks the 21st new build offshore rig that ...
Tags: Keppel FELS, jackup rig, Arabian Drilling Company, rig deliveries
Further to the signing of a framework agreement in early May, Total is pleased to announce that QPI is now a shareholder of Total E&P Congo, holding 15% of its capital. "The conclusion of this agreement, which is an important milestone, ...
Tags: Total, QPI, Total E&P Congo, Qatar, Congolese petroleum industry
Nations that are considering nuclear energy must grapple with its high capital costs and Fukushima-scale risk. An energy-policy riptide along the English Channel shows how unpredictable the calculations can be: Both France and the United ...
Tags: Electrical, Electronics, Nuclear Plants, Energy
Exploration well 31/3-4 on the Mantra prospect offshore Norway has encountered reservoir quality sands but all intervals were water wet. Det norske is partner in the 551 license with a 20 percent interest. The 31/3-4 wildcat was the first ...
Gazprom has started producing oil from the Prirazlomnoye field. It is the first Russian project for developing the Arctic shelf and the commencement of Gazprom's large-scale activities aimed at creating a large hydrocarbon production center ...
Deep Down, Inc. (OTCQX: DPDW) ("Deep Down"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced today it has received two orders for flying leads, ...
Ensco plc (NYSE: ESV) has taken delivery of ENSCO 121, the second of four ultra-premium harsh environment jackup rigs in its ENSCO 120 Series. The rig is contracted to work in the North Sea beginning in the second quarter of 2014 at a day ...
Tags: drilling rigs, oil
As separately announced today, Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) has secured $340 million of loan facilities, closed its offering of equity securities for net proceeds of approximately $30 million, and executed a ...