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Financial Closing Gives Wärtsilä the Go-ahead for Building the New Hamina LNG Terminal

May 18, 2018 - in Energy, Oil & Gas

The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wärtsilä under a turnkey contract has reached financial close and received the necessary building permits. Debt financing for the project has been concluded with Skandinaviska…

US Sanctions Likely to Cut Demand for Iranian Crude and Limit Scope for New Developments, Says GlobalData

May 14, 2018 - in Energy, Oil & Gas

Following the news that the US government will withdraw from the nuclear accord with Iran or Joint Comprehensive Plan of Action (JCPOA) and re-impose…

BP and Alaska Gasline Development Corporation Sign Binding Gas Sales Precedent Agreement

May 9, 2018 - in Corporate, Energy, News, Oil & Gas

(ANCHORAGE) — The Alaska LNG Project reached a historic milestone today as BP Alaska and Alaska Gasline Development Corporation (AGDC) announced the…

Engineers Get a Grip on Slippery Surfactants

April 27, 2018 - in Energy, Oil & Gas

HOUSTON  – A Rice University group's innovative surfactant theory removes limitations of a 100-year-old model for interfacial behavior in enhanced oil recovery. The lab of Rice chemical engineer Walter Chapman customized a well-worn model to analyze…

Upward Trend Of Natural Gas Production Could Benefit Consumers, Manufacturers

April 17, 2018 - in Energy, Oil & Gas

Natural gas production in the U.S. is projected to break the domestic record in 2018, and again in 2019, according to the U.S. Energy Information Administration (EIA). These increases, continuing a trend of the past decade, have been driven by an explosion…

Petroteq’s PetroBLOQ Blockchain Subsidiary Opens Development Facility In Southern California

March 9, 2018 - in Energy, Oil & Gas

Studio City, California - (March 9, 2018) - Petroteq Energy Inc. ("Petroteq" or the "Company") (TSXV: PQE) (OTCQX: PQEFF) (FSE: PQCF), a company focused on the development and implementation of proprietary technologies for the energy industry, today…

Petroteq Energy Announces Completion of All Major Process Systems at Its Utah Heavy Oil Extraction Facility

March 5, 2018 - in Energy, Oil & Gas

STUDIO CITY, CA, March 05, 2018 - Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTCQX: PQEFF; Frankfurt: A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy…

Fluor Starts Front-End Engineering and Design Work for the First Floating Storage Regasification Unit Project in Thailand

February 26, 2018 - in Energy, Oil & Gas

Fluor has started the front-end engineering and design work for Electricity Generating Authority of Thailand’s (EGAT) planned floating storage regasification unit (FSRU) and associated facilities in the upper Gulf of Thailand. “In addition to our extensive…

BP Wins Advancements in Asset Performance Category for Khazzan Gas Production Project

November 14, 2017 - in Awards, Energy, Oil & Gas

Exton, PA – BP Oman has won the prestigious BIM Advancements in Asset Performance of Utilities and Industrial Facilities category in Bentley’s Be Inspired Awards program. The announcement was made during Bentley’s annual Year in Infrastructure Conference,…

Atkins and SNC-Lavalin to Showcase Oil and Gas Capabilities and Digital Innovation at ADIPEC Abu Dhabi 2017

November 13, 2017 - in Energy, Events, Oil & Gas

Digital innovation and pushing the boundaries of design in the oil and gas industry in the Middle East and Africa region will be set out as Atkins co-exhibits with SNC-Lavalin at Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi…