EIC Consult Predicts Minimum of US$50 Billion Investment in Iraqi Energy Sector over Next Five Years
May 4, 2012
The energy sector in Iraq is predicted to see investment of a minimum of US$50 billion over the next five years amidst a gradually improving security situation.

OTC spotlight on new technology award winner, Dockwise Vanguard redefines limits of Heavy Marine Transport
May 3, 2012
Dockwise Ltd has engineered the most innovative semi-submersible heavy-lift vessel in history and redefined the limits of heavy marine transport with the

OTC Poll: Gas Could Replace Oil as America’s Primary Energy Source by 2030
May 2, 2012
A drive to increase unconventional gas production in the United States could cause gas to replace oil as America’s primary energy source, according to

Platts Power in Asia Outlook Features – A Look at China, India and Japan
May 2, 2012
After two months when demand was distorted by the unusual timing of public holidays in a leap year, the figures for March show a clearer picture of

Scandoil pictures from OTC Houston 2012
May 1, 2012
Here are some pictures from the first day from OTC in Houston. If you are at OTC you can pick up our latest issue in the publication area in the Reliant Center.

Moore Stephens welcomes change of heart on tonnage tax trap
May 1, 2012
International accountant and shipping adviser Moore Stephens has welcomed the UK government’s decision to minimise the effect of new rules in

IMCA guidance on hold-back vessels during DP diving operations
Apr 30, 2012
New guidance has been produced by the International Marine Contractors Association (IMCA) on the use of ‘hold-back’ vessels during diving operations.

Decommissioning Body explores opportunities in Shetland
Apr 27, 2012
Decom North Sea (DNS), the offshore oil & gas decommissioning forum, is staging a learning journey to explore future offshore

Platts Report: China's Oil Demand Drops in March; Lowest 2012 Daily Rate, but up 3.3% from Mar 2011
Apr 25, 2012
China's apparent oil demand in March rose 3.3% year on year to 40.23 million metric tons (mt), or an average 9.5 million barrels per day (b/d), a Platts

AMPOL Completes Crude Styrene Tank Demolition
Apr 24, 2012
American Pollution Control Corp. (AMPOL) has completed the demolition of an aged crude styrene tank after its collapse in Baton Rouge, La., announced

GL Noble Denton to poll oil and gas professionals on industry issues at OTC 2012
Apr 23, 2012
GL Noble Denton, the global independent technical advisor to the oil and gas industry, will poll hundreds of industry professionals on issues affecting the

Emergency landing on Åsgard B investigated
Apr 20, 2012
Statoil has completed its investigation of an incident where a helicopter operated by CHC made an emergency landing on the Åsgard B platform in January.

EIC Monitor shows encouraging signs of growth for the global energy industry
Apr 20, 2012
EIC Monitor quarterly report tracking new projects across the energy industry shows growth in the number of new project announcements across all sectors

BP and PSC Reach Definitive Settlement Agreements and Seek Preliminary Court Approval
Apr 19, 2012
BP has reached definitive and fully documented agreements with the Plaintiffs' Steering Committee (PSC) to resolve the substantial majority of eligible

Biofuels boost to help the environment
Apr 18, 2012
Government incentives and fuel demand to boost bioethanol and biodiesel markets, according to a new report by energy intelligence company GlobalData.

Oil and gas leaders identify opportunities and risks for 2012
Apr 17, 2012
A group of European oil and gas industry leaders have expressed heightened confidence in the development of the sector this year, following an impressive

ITIC says shipbrokers must protect commission entitlement
Apr 16, 2012
International Transport Intermediaries Club (ITIC) says the current global economic downturn means that shipbrokers will have to be particularly careful to

Gulf of Mexico Sheen Spotted, Shell Taking Proactive Measures
Apr 13, 2012
Shell has notified the National Response Center (NRC) of a light sheen in the central portion of the Gulf of Mexico, between the Mars and Ursa production area.

Elgin gas leak could cost oil firms upwards of £8bn
Apr 12, 2012
Experts have warned that the Elgin platform gas blowout could have a huge impact on the North Sea oil industry.

Importance of data acquisition to be discussed at ICOTA event
Apr 11, 2012
Well integrity and solutions for maximising recovery will be the focus of the latest lunch and learn session, hosted by leading oil and gas

Step change for IMCA’S annual Safety & Environment Seminar
Apr 9, 2012
“The best ever” is the view of Hugh Williams, Chief Executive of the International Marine Contractors Association (IMCA) on looking back at the association’s

Platts Survey: OPEC Crude Oil Output Rises to 31.39 Mil. Barrels/Day in March
Apr 6, 2012
Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) averaged 31.39 million barrels per day (b/d) in March, a Platts survey

Damen delivers ASD Tug 3213 with 85 t BP to INTERTUG
Apr 5, 2012
Damen Shipyards has delivered the ASD 3213 ‘Tanok’ to Colombian tug operator Intertug S.A. Intertug (est. 1993) operates

IMarEST awards and medals presented
Apr 4, 2012
Recognition by one’s peers is always important, and the presentation of Institute of Marine Engineering, Science and Technology (IMarEST) awards and medals