The deal will involve the development of two oil fields in southern Iraq.
Read More »Teekay FPSO Deal for Alpha’s Cheviot Field Falls Through
Alpha Petroleum’s plans for developing its flagship UK North Sea field appear to have suffered a blow after its floating production vessel deal with Teekay was terminated.
Read More »Siemens Gamesa Launches Volcanic Rock Energy Storage Site
The firm’s new facility in Hamburg-Altenwerder. Germany. can store 130MWh of energy for up to one week.
Read More »BP and Japan’s ITOCHU Among New Firms Joining Hydrogen Council
That brings the total number of companies to 60. collectively representing more than €2.6tn in revenues.
Read More »Rolls-Royce to Land Siemens’ Electric Aerospace Business
The deal is expected to be completed towards the end of 2019 following employee consultation.
Read More »Boeing to Replace Costly Physical Jet Certification Tests with Simulations
Boeing is reportedly considering phasing out some old-school physical tests and relying more on digital simulation analysis in order to streamline the flight safety certification of its latest long-range 777X and future jets.
Read More »Schulich Buys 5% of MEG Energy Despite Canadian Energy Concerns
Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.
Read More »Houston American Energy Begins Producing from Frost 1-H well in Yoakum County
Houston American Energy Corp. today announced an update on operations on the Frost #1H well located in the Northwest Shelf of the Midland basin. in Yoakum County. Texas.
Read More »Parsley Energy Says it is Attractive for Any Buyer
Parsley Energy Inc. said it would be attractive for any potential buyer as the U.S. shale driller expects to generate positive free cash flow in the back half of this year.
Read More »Danos Provides Integrated Operations for Shell`s Enchilada
Danos has been awarded multiple contracts with Shell Exploration and Production Company. a subsidiary of Royal Dutch Shell plc. to provide integrated operations on its Enchilada platform.
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