Alliant recruits energy & marine advisor from Marsh US specialty insurance broker Alliant Insurance Services has announced the appointment of Karey Vaught as Executive Vice President, Managing Director. Joining the company from Marsh, Mr Vaught will provide insurance and risk advisory services to energy…
Exxon Mobil said on the 30th December it has secured more than 1.7 million acres for exploration offshore Egypt. The oil powerhouse’s acquisition includes 1.2 million acres in the North Marakia offshore block and 543,000 acres in the North East El Amriya offshore block…
Dutch geophysical services provider Fugro has entered into an agreement to acquire CGG’s 40 percent shareholding in Seabed Geosolutions. Fugro said on the 30th December that this would terminate the Seabed Geosolutions’ joint venture agreement effective the 30th December in exchange for a cash…
Russian oil and gas company Novatek has secured the rights to explore the Bukharinskiy licence through its Arctic LNG 1 unit. Novatek said last week that Arctic LNG 1 won on the auction for geological survey, exploration and production licence for the Bukharinskiy subsoil…
Volkswagen provides a glimpse into the future in which the search for charging stations for electric cars comes to an end. Volkswagen Group Components’ mobile charging robot takes over this task – and drives to the electric car completely autonomously. After it is started…
Nick Prowse and Penny Cygan-Jones, Norton Rose Fulbright, UK, take a look at what’s on the horizon for the year ahead. 2019 has seen the start of a re-shaping of the LNG industry, with the promise of further changes in 2020 and beyond. As well as…
Wison Offshore & Marine (WOM) has announced that the fabrication of the Arctic LNG 2 project began in Zhoushan Yard on the 29th November 2019. The module fabrication contract was awarded by Technip France SA, a wholly-owned subsidiary of TechnipFMC. The project consists…
Eni and its partners in Nigeria LNG (NLNG) have taken the final investment decision for the expansion project of the LNG plant, Eni revealed on the 27th December. The brownfield development, which is expected to start-up in 2024, will increase the annual production capacity…
Saipem revealed on the 27th December that its onshore and offshore drilling divisions have been awarded new contracts, and extensions to existing contracts, worth approximately US$1.7 billion. The onshore drilling deals encompass 19 land-rigs located in Middle East, with a duration range from three…
A French court has decided that assets of struggling French vessel owner Bourbon Corporation, which has been in a court restructuring process, will be sold to a group of creditor banks. As part of the reorganisation proceedings opened since the 7th August 2019, by…
