Thursday, January 17, 2019
The Highland Hotel, based mostly on Crown Street, had long-running monetary difficulties which got here to a head over Christmas, an insolvency specialist at accountancy agency French Duncan mentioned.Its failure underlines the difficulties attributable to the collapse in oil...
Oil exploration within the North Sea is poised for a restoration with extra drilling and acquisitions this 12 months, pushed by privately-owned firms, in keeping with consultancy Wood Mackenzie.Drilling within the UK sector in 2018 was at its lowest...
Saudi Arabia printed the primary audit of its huge oil reserves because it nationalized its vitality business about 40 years in the past, saying its reserves complete 268.5 billion, barely greater than the 266.three billion determine that the federal...
Marine and engineering consultancy Aqualis Offshore has arrange an workplace in Perth, Western Australia, to help oil and fuel developments within the Australasia area. Aqualis Offshore is a part of Oslo-listed power consultancy group Aqualis ASA. “We have supported...
After years of robust market situations, homeowners of heavy-lift vessels are turning to new sectors searching for profitable contractsEngineering contractors and heavy-lifting vessel homeowners at the moment are starting to safe new contracts for platform set up and subsea...
Danos has secured a contract with Equinor for manufacturing operation assist on its Titan SPAR platform, positioned within the deepwater Gulf of Mexico. The Equinor mission started late 2018 and employs manufacturing personnel on the floating drilling and manufacturing...
BP has authorised a serious enlargement on the Atlantis discipline within the U.S. Gulf of Mexico and has additionally recognized important further oil assets that might create additional growth alternatives across the manufacturing hubs it operates within the area.The...
The Norwegian Petroleum Directorate has accredited the appliance for start-up of the Oda area within the North Sea. Operator Spirit Energy expects start-up in February/March 2019.Total investments for the event are estimated at $586 million (NOK 5.5 billion).Estimated reserves...
Wood Mackenzie famous drilling exercise on the United Kingdom Continental Shelf is ready to extend markedly this 12 months after hitting document lows following the crude value plunge that took a heavy toll on the business.Declaring “exploration is again...
Norway’s oil trade is in full restoration mode, however the nation’s prime petroleum lobbyist is anxious about rising opposition forward.At the identical time because it gave an enormous increase to funding forecasts for the subsequent 5 years, the Norwegian...
- Advertisement -

RECENT POSTS