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Oil & Gas

FOURTH SELF-PROPELLED JACK UP VESSEL DELIVERED TO SEAJACKS

Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore energy industry, announces the completion of construction and delivery of the โ€œHydraโ€ to its client Seajacks. Following a naming ceremony...

Washington refinery finds new owner

Global commodities logistics and trading firm TrailStone Group has acquired US Oil & Refining Co. (USOR), including the 42,000-b/d Tacoma, Wash., refinery, from Astra Transcor Energy NV, a subsidiary of Compagnie Nationale a Portefeuille SA, Belgium. ...

Costain Wins Further Barrow Gas Terminals Contract With Centrica Energy

Costain, one of the UKโ€™s leading engineering solutions providers, is pleased to announce that it has won a contract with Centrica Energy for the provision of Engineering Procurement and Construction (EPC) services as part of Centrica Energyโ€™s Barrow Gas...

Swala Oil and Gas Plc Announces Launch of Initial Public Offer Prospectus (โ€œIPOโ€)

East Africaโ€™s first public owned Oil and Gas CompanyDAR ES SALAAM, Tanzania, June 9, 2014/ -- Swala Oil and Gas (Tanzania) Plc (http://www.swala-energy.co.tz) today announced the launch of its Initial Public Offer Prospectus (โ€œIPOโ€) of 9,600,000 ordinary shares. The...

Baker Hughes: US drilling rig count decreases to 1,860

The US drilling rig count dropped 6 units to 1,860 rigs working during the week ended June 6, Baker Hughes Inc. reported. The decline follows BHIโ€™s report that the average US rig count for May was 1,859, 24 more...

Eni Signs Strategic Agreements For Perla Super-Giant Field In Venezuela

The Minister of Petroleum and Mines of Venezuela and President of PDVSA, Rafael Ramรญrez, Eni's CEO, Claudio Descalzi, and Repsol's President, Antonio Brufau, signed strategic agreements concerning the exploitation of the Perla field, one of the largest worldwide discoveries...

API issues refinery safety standards

The American Petroleum Institute issued three first-edition standards to enhance refinery safety and inspection programs. โ€œThe three new standards help improve safety by offering guidance for reducing corrosion, improving efficiency of process safety inspections, and outlining steps for proper...

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