Greater Industry Collaboration Needed For Mega LNG Projects, Say Australian Energy Leaders

PERTH, Australia -- Australia’s oil and gas industry must fix its sights on developing greater collaboration as it brings a range of mega projects into operation, according to a group of sector leaders at a DNV GL-hosted briefing and round table event in Perth.


Genoil And OW Bunker In Partnership For Low Sulphur Fuel Oil


NEW YORK, N.Y. -- Genoil Inc. and OW Bunker, one of the world's leading physical distributors and resellers for marine fuel, have announced they have signed a memorandum of understanding, to build an upgrader for which OW Bunker will supply the feed oil to Genoil. As part of the agreement, Genoil will build the Hydroconversion Upgrading System (GHU), while OW Bunker has agreed to purchase one million tons a year of low sulfur IFO from Genoil at an agreed price.


Widespread Closed-Loop Control In Completions Technology To Ensure Continual Optimal Operation Expected In A Decade: Industry Poll

UTRECHT, Netherlands -- What future aspirations can be set in the area of completions? The question of widespread adoption of closed loop control in completions technology was considered by oil and gas professionals in a poll conducted during the SPE Intelligent Energy International exhibition and conference in Utrecht.


Xcite Energy Limited-MOU With Teekay Shipping

ABERDEENSHIRE, U.K. -- Xcite Energy Limited, through its 100% subsidiary Xcite Energy Resources Limited (XER), has entered into a memorandum of understanding (MOU) with Teekay Shipping Norway AS, which sets out the principles of co-operation for the supply of a floating storage and offloading (FSO) facility for the life of the UK CNS Bentley field. The FSO is based on Sevan Marine’s cylindrical floater technology, and will be bridge linked to the Bentley production platform.


Axis Well Technology Continues International Growth

Axis Well Technology, the U.K.’s largest independent consultancy providing fully-integrated well technology and reservoir development services, has announced significant international growth and plans for further expansion following its acquisition by Elysian Capital I LP last year.



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