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Oil and gas issues unsettled after UK vote to leave EU
By Bob Tippee, Oil & Gas Journal, Editor-in-Chief

June 27, 2016   + + +  Policies affecting oil and natural gas join myriad issues thrown into question by the UK’s vote on June 23 to withdraw from the European Union ... read more

 
Saudi Vision 2030
Saudi Aramco issues support of Saudi Vision 2030


April 27, 2016 + + + Saudi Aramco has released a statement noting that it “unequivocally supports” the Saudi Vision 2030 economic plan. Saudi Vision 2030, presented and approved April 25 by the Kingdom’s government, is an initiative designed to sustain economic growth, diversification, and job creation within Saudi Arabia despite the weak market brought about by the “lower for longer” oil price scenario. Amin H. Nasser, president and CEO of Saudi Aramco, said: “The Kingdom’s transformation vision demands innovation, technology, and R&D to spur a new era of industrial growth ... read more

 
DNV GL initiates 43 new collaboration projects for 2016
to help safely reduce costs


April 13, 2016 + + + In a period of cost constraint and increasingly complex oil & gas production, finding solutions that increase efficiency and production has never been more important. To address the industry’s need for smart solutions that reduce complexity, DNV GL is funding 43 new joint industry projects in 2016 in addition to launching a new Step Change innovation programme to help customers leverage opportunities from digitalization. Both initiatives are based on closed interaction and collaboration with industry partners. Key focus areas for DNV GL in 2016 will be to address challenges on standardization, operations (OPEX services), safety, environment, regulations and performance ... Read more

 
Siemens presents Industrie 4.0
solutions for the oil and gas sector in Houston


April 1, 2016   + + +  Siemens has met on March 30 and 31 in Houston, Texas, with several hundred industry experts at the Siemens Oil and Gas Innovations Conference (SOGIC) 2016 to talk about digital solutions for the oil and gas industry.  In the future, offshore platforms are to be increasingly controlled and operated from onshore locations. Siemens Managing Board Member Lisa Davis explained at SOGIC how production companies can reduce their costs while increasing production. Siemens is delivering, for example, a fully integrated digital solution package comprising electrical equipment, instrumentation, process control and telecommunication systems for the Norwegian oil platform Ivar Aasen in the North Sea ... read more

 
Gazprom and OMV
sign documents to develop strategic cooperation


April 1, 2016 + + + Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV AG, today signed in St. Petersburg a number of documents aimed at developing the strategic cooperation between the companies ... read more

 
Iran eyes European Gas Market
Article by Vagif Sharifov, Oil Price Analyst & Expert in Energy Markets at Trend News Agency ( © www.gastechnews.com )


2016, March 15 + + + Iran intends to enter an unequal battle for the European gas markets – albeit without pipelines. Europe has promised to buy all the gas available amid falling local production and increasing gas demand. Read the full article, published by the News and Ressource Centre of Gastech, organiser of the Gastech Conference and Exhibition in April 2017 in Tokyo, Japan



Aramco to nearly double natural gas production in decade

2016, March 09 + + + Saudi Aramco plans to nearly double its natural gas production to 23 standard bcfd in 10 years, Aramco Chief Executive Officer Amin Nasser told an industry conference in Jubail on Mar. 8.  Having already increased its gas output to more than 12 bcfd from 3.5 billion bcfd during the early 1980s, Aramco has set a production goal for the coming decade  ... Read more  

 
Iran-Oman Gas Pipeline Feasibility Study by Mid-August

March 01, 2016  + + +  The Managing Director of the National Iranian Gas Export Company (NIGEC) Alireza Kameli said that the feasibility study on construction of Iran-Oman gas pipeline will be completed by mid-August. “Study on the land section started two months ago while the seabed section which is delegated to the Iranian Offshore Engineering and Construction Company (IOEC) will be finished by mid-August,” Kameli added  ... read more  

 


 
The big question in the energy sector today is
whether the world will move to a zero-carbon policy in which fossil fuel, including natural gas, have no place, or a world in which natural gas is part of the solution, says Robert Johnston, CEO of the prestigious US-based research and consulting firm Eurasia Group, in an interview with World Energy Focus. Johnston advises oil and gas companies to "take a seat at the policy table and advocate for gas to counter
growing demands to exclude natural gas"

From an interview published by 'World Energy Focus' - February 2016. WEF is the publication of the WORLD ENERGY COUNCIL. Click here to open the issue and get the full interview.


 

Volga-Dnepr's IL-76TD-90VD aircraft ‘parachutes’ cargo to remote Antarctic airfield + + +
Volga-Dnepr Airlines has completed its first-ever ‘air drop’ by parachuting 208 barrels of fuel from an IL-76TD-90VD freighter onto a remote airfield in the Antarctic. More: http://www.volga-dnepr.com/en/press-center/news/3604/

 

ExxonMobil: Energy outlook sees demand up,
carbon intensity down


Jan 25, 2016   + + +  Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, according to ExxonMobil Corp.’s 2016 Outlook for Energy. Most of this growth will occur in nations outside the OECD.
+ + + In 2040, oil will provide one third of the world’s energy, remaining the No. 1 source of fuel, and natural gas will move into second place. Natural gas is expected to meet about 40% of the growth in global energy needs and demand for the fuel will increase by 50%. In 2040, oil and natural gas are expected to make up nearly 60% of global supplies ... read more

 

World Energy Focus Annual 2015
Energy For All


Nov. 21, 2015   + + +  The World Energy Council presents the annual issue of their magazine World Energy Focus. This year’s annual publication is divided into four sections: Climate, Markets, Africa and the 2016 World Energy Congress featuring interviews and articles from CEO’s, energy ministers and leaders from across the world along with contributions from the Council itself. 
>
Click here to register for the FREE Download of the World Energy Annual Focus from the WEC-Website ... and/or for the FREE World Energy Focus monthly eNewsletter  ... Read more

 

 

UK energy policy to cut coal, boost gas

 


Nov. 18, 2015   + + +   The UK, in a major policy shift, will boost the use of natural gas and nuclear energy, end the use of coal within 10 years, and limit subsidization of renewable energy. Speaking Nov. 18 at the Institution of Civil Engineers in London, Amber Rudd, secretary of state for energy and climate change, declared, “Energy security has to be the number-one priority.” ... Read more

 

Sulzer Appoints Greg Poux-Guillaume as New CEO

 


Nov. 18, 2015   + + +   The Board of Directors of Sulzer has appointed Greg Poux-Guillaume, until now President and CEO of Alstom Grid, a world leader in power transmission, as Sulzer’s new Chief Executive Officer, effective December 1, 2015. Frenchman Greg Poux-Guillaume, 45 years old, was also a member of Alstom’s Executive Committee. He has extensive global experience in many of Sulzer’s key markets—particularly the oil and gas and power markets—and a strong track record of leading restructurings and building global businesses. ... Read more

 

Making the case for an all-subsea development
by David Paganie • Houston

 


Oct. 2015   + + + Statoil and its partners are moving the industry one step closer to an all-subsea field development solution. Last month, following a lengthy qualification and testing period, the industry's first subsea gas compression facility became operational in the Norwegian Sea. It also marks a milestone in Statoil's quest to qualify and prove all of the elements of a full-scale "Subsea Factory." ... read more

 

Complete Europe’s gas infrastructure first,
Eurogas chief recommends

 


Oct. 23, 2015  + + +  Europe should concentrate more on completing its natural gas systems and less on trying to reduce demand or building more LNG import terminals, suggested the president of Eurogas, a 44-member organization based in Brussels that represents Europe’s gas wholesale, retail, and distribution sectors. “When Europe believes it has a problem with dominance of a certain supplier—and that usually means Russia—the solution should not be lower imports but more suppliers to encourage competition. That’s the healthy approach,” said Gertjan Lankhorst ... read more  

 

Aker Solutions and MAN Diesel & Turbo
Form Subsea Compression Alliance

 


Photo: Aker Solutions Subsea Image

Oct. 16, 2015   + + +  Aker Solutions and MAN Diesel & Turbo agreed to form an alliance to develop the next generation in subsea compression systems that can be used at even the smallest oil and gas fields to increase recovery and lower costs compared with conventional platform solutions. The two companies will build on their experience and cooperation from the successful delivery of the world's first full-scale subsea gas compression system at the Åsgard field in Norway. A key objective of the partnership is to develop new, cost-effective technology for high-capacity subsea compression systems ... more.

 

 

DEA accelerates its growth strategy . . .  Acquisition of
E.ON’s Norwegian assets

 

Oct. 14, 2015   + + +   DEA Deutsche Erdoel AG acquires 100% of the shares of E.ON’s Norwegian oil and gas business to create an enlarged Norwegian portfolio more than doubling its current production in Norway to 75,000 barrels of oil equivalent per day (boe/d). This acquisition also provides access to promising growth options through material development and exploration. The value of the transaction is US$1.6 billion, including US$100 million of cash on the balance sheet as at the effective date of January 1st 2015.
Read more from DEA
Read more from E.ON

 

 

BASF/Wintershall and Gazprom celebrate 25-year partnership

 

Oct. 12, 2015   + + +  BASF/Wintershall and Gazprom have already been cooperating successfully for a quarter of a century. The two companies laid the foundations for their cooperation in autumn 1990 with a long-term agreement to market Russian natural gas in Germany. Just recently they decided to extend their cooperation at the source and to expand the joint natural gas production in Siberia. Additionally, together with other partners, the companies are also planning the extension of the Nord Stream Baltic Sea pipeline  ... more.

 

 

J D NEUHAUS offers proven performance based on
270 years of experience

 

Sept. 09, 2015 marks 270 years of manufacturing for the German based hoist and crane manufacturer J D Neuhaus, and after seven generations, the company is still managed by a descendant of the original owner. Load handling equipment supplied by J D Neuhaus is now utilised throughout the world, from small engineering workshops up to large organisations and including some of the heaviest and most demanding handling operations, even under extreme operating conditions. Their world market leader status is backed-up with a service and supply organisation established in more than 90 countries together with over 70 branches ... more

 

 
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