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Wind powered oil recovery feasible

The DNV GL-led joint industry project, WIN WIN (WINd powered Water INjection), has completed its first phase and determined that wind power could be used to power offshore water injection to boost oil recovery in the oil and gas industry.  Th...

20/04/2017 Read

Seven missing after ship sinks in Black Sea

Up to 7 crewmembers remain missing after the Panama-flagged general cargo ship Geroi Arsenala sank in the Black sea on April 19, according to Russia’s Ministry of Emergency Situations. At the time of the incident, the vessel was carryin...

19/04/2017 Read

Citi sees oil surging to mid-$60s by year end

(Bloomberg) — Citigroup Inc. joined Goldman Sachs Group Inc. in backing commodities, saying it’s the season to have faith in raw materials and oil will probably rally to the mid-$60s by the end of the year. While U.S. shale output...

19/04/2017 Read

New search areas assigned for missing crew of Stellar Daisy

The Uruguayan Navy has designated new search areas for the missing crew of the ill-fated ship Stellar Daisy having found ship remains that gave different indications about the possible location of the last life raft. The navy said t...

19/04/2017 Read

Apache hires Bristow for North Sea helicopter services

Bristow Helicopters has secured a new contract with Apache North Sea Limited to support its North Sea operations. The contract which has a five year primary term, with further extension options, will start on September 1, 2017. Aircraft ty...

19/04/2017 Read

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