Tag Archives: oil

Continental Hackathon will look for creative ideas and innovative solutions in the industrial sector at the industry fair Hannover Messe

Hannover Fair: Industry hackathon with international startups from four eco-systems Duensing: “Innovations are the lubricating oil and fuel for future-proof industrial companies.” Talented young people from Hanover, Hamburg, San Luis Potosí (Mexico) and Bucharest (Romania) search for solutions to challenges … Read the full press release

Brazil awarded interests in seven licenses to Germany’s largest internationally active oil and gas producer Wintershall

Wintershall awarded seven offshore exploration licenses in Brazil’s 15th oil and gas licensing round Entry into Brazil strengthens Wintershall’s position in South America Rio de Janeiro/Kassel, 06-Apr-2018 — /EuropaWire/ — Wintershall is continuing its growth course and has now been … Read the full press release

BMT launches advanced interactive asset data platform designed by offshore marine professionals for offshore marine professionals

Teddington, UK, 16-Mar-2018 — /EuropaWire/ — BMT is proud to introduce BMT Deep, an advanced interactive asset data platform designed by offshore marine professionals for offshore marine professionals. BMT Deepdelivers deeper insights for enhanced asset performance management and is the product of over … Read the full press release

Gavin Graham: LOTOS Upstream is an umbrella organisation tasked primarily with effective oversight and management of the LOTOS Group’s global upstream operations

Gdańsk, Poland, 16-Mar-2018 — /EuropaWire/ — February 1st saw LOTOS Upstream commence its business operations. Its group already includes LOTOS Norge and LOTOS Geonafta, which will soon be joined by Baltic Gas. The plan is to expand operations into new areas, … Read the full press release

Eni sells 10% stake in the Shorouk concession to Mubadala Investment Company’s subsidiary Mubadala Petroleum

Abu Dhabi (United Arab Emirates), 12-Mar-2018 — /EuropaWire/ — Eni has agreed to sell to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company, a 10% stake in the Shorouk concession, offshore Egypt, where Zohr’s super-giant gas field is … Read the full press release

Eni to acquire 5% stake in the Lower Zakum offshore oil field and 10% stake in the oil, condensate and gas offshore fields of Umm Shaif and Nasr, UAE

Abu Dhabi (UAE), 12-Mar-2018 — /EuropaWire/ — Eni signed today in Abu Dhabi two Concession Agreements for the acquisition of a 5% stake in the Lower Zakum offshore oil field and of a 10% stake in the oil, condensate and gas … Read the full press release

Total now the second-largest operator in the North Sea with an output of 500,000 boe/d by 2020

PARIS, 09-Mar-2018 — /EuropaWire/ — Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD … Read the full press release

Schuster Manfred Hubert agrees with future oil predictions

Oil and Energy BEIJING, China, 01-Mar-2018 — /EuropaWire/ — Crude oil prices will average $60/b in 2018 and $61/b in 2019. That’s an increase from last month’s Short-Term Energy Outlook by the U.S. Energy Information Administration. In January 2018, oil prices briefly hit $70/b. In … Read the full press release

New DNV GL centre in Singapore to advance the use of additive manufacturing (AM)

The new DNV GL centre will serve as an incubator and testbed for research and development of additive manufacturing technology for the oil & gas, offshore and marine (O&M) sector. SINGAPORE, 12-Feb-2018 — /EuropaWire/ — The new centre, which is … Read the full press release

VNG – Verbundnetz Gas Aktiengesellschaft AG to explore strategic options for its oil and gas exploration and production business in Norway and Denmark

LEIPZIG, 19-Jan-2018 — /EuropaWire/ — As part of VNG Group’s strategic programme “VNG 2030+”, VNG – Verbundnetz Gas Aktiengesellschaft (VNG AG) will explore strategic options for its oil and gas exploration and production business in Norway and Denmark, VNG Norge AS … Read the full press release

Ramboll to merge its Oil & Gas and Energy divisions

  Ramboll is to merge its Oil & Gas and Energy divisions to accommodate the growing focus on sustainability and better support clients’ need for a full service, multidisciplinary offering. COPENHAGEN, 09-Jan-2018 — /EuropaWire/ — When Ramboll in 2016 entered … Read the full press release

Eni completed the production test on the Minsala Marine 1 NFW in the Marine XII Block offshore Congo

During the test the well delivered in excess of 5,000 barrels per day oil and  14 million standard cubic feet of gas per day San Donato Milanese (Milan), 16-12-2014 — /EuropaWire/ — Eni  has successfully completed the production test on the  … Read the full press release

BASF subsidiary Wintershall to expand its oil and gas production and exit gas trading and storage business in swap assets deal with Gazprom

BASF subsidiary Wintershallto increaseoil and gas production and exit gas trading and storage business  Completion of the transaction expected mid-2014  Ludwigshafen, Germany / Moscow, Russia, 23-12-2013 — /EuropaWire/ — Today in Moscow, BASF and Gazprom signed the final agreement to swap … Read the full press release

International oil and gas company OMV announced it will recruit 1,600 new expert employees by 2016

OMV needs additional 1,600 experts by 2016 Growth in Exploration & Production to create new jobs International careers with exciting prospects 05-8-2013 — /EuropaWire/ — OMV, the integrated, international oil and gas company, has launched a new job initiative. The planned … Read the full press release

UK Department of Energy & Climate Change: Economic benefits of offshore oil and gas to be maximised

10-6-2013 — /europawire.eu/ — The economic benefits of offshore oil and gas production, for energy security, jobs, tax revenue and growth are set to be maximised, as Government announced the start of an independently-led review today. The UK’s oil and gas … Read the full press release

Bridgepoint acquired The Flexitallic Group from Eurazeo PME

Deal valued at €450 million 20-5-2013 — /europawire.eu/ — Bridgepoint announced that it had reached agreement with Eurazeo PME on the acquisition of The Flexitallic Group (formerly FDS Group), global market leader in sealing product technology for the oil, gas and energy … Read the full press release

ABB acquires Los Gatos Research to add a new line of high-performance gas analyzers to ABB’s leading measurement business

Enhanced laser capabilities expand measurement products and services in oil and gas, electric power and other industrial sectors Cary, NC, USA, 6-5-2013 — /europawire.eu/ — ABB, a global leader in electric power and automation, announced today that it has agreed to acquire … Read the full press release

Alstom & Chela Ltd innovative cleaning method won highly commended award

1-5-2013 — /europawire.eu/ — Alstom, working in partnership with Chela Ltd (one of the UK’s leading manufacturer of innovative industrial cleaning chemicals) has developed an award-winning environmentally considerate way of removing diesel and oil from track ballast and concrete. The solution, BioChela … Read the full press release