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BHGE, C3.ai announce JV to deliver AI solutions across the oil and gas industry

1 hour ago DieselGasoil Comments Off on BHGE, C3.ai announce JV to deliver AI solutions across the oil and gas industry
6/24/2019 HOUSTON and REDWOOD — Baker Hughes, a GE company and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry. AI in the oil Read More

Enpro Subsea, DASS Can-K Pumps partner to provide subsea multi-phase pumping solutions

2 hours ago DieselGasoil Comments Off on Enpro Subsea, DASS Can-K Pumps partner to provide subsea multi-phase pumping solutions
6/24/2019 ABERDEEN — Enpro Subsea and DASS Can-K Pumps Inc. today announced a Memorandum of Understanding (MoU), which will leverage each company’s expertise to deliver multi-phase pumping solutions for topside and subsea well boosting. The announcement sees Can-K’s patented Electro Submersible Twin-Screw Multi-phase (ESTSP) pump technology being combined with Enpro’s subsea systems expertise and patented Read More

Wood continues growth in Norway with two new Equinor contracts

3 hours ago DieselGasoil Comments Off on Wood continues growth in Norway with two new Equinor contracts
6/24/2019 BOSTON — Wood has secured two new contracts from Equinor for onshore and offshore facilities in Norway. The contracts continue Wood’s successful track record of delivering engineering and technical services to Equinor — both in-country and globally — for more than two decades. In the first of the new contracts, Wood will deliver FEED Read More

VivoPower International PLC Announces US Solar Portfolio Sale Update and Major Contract Wins in Australian Solar and Data Centers Resulting in Record Forward Order Book

3 hours ago DieselGasoil Comments Off on VivoPower International PLC Announces US Solar Portfolio Sale Update and Major Contract Wins in Australian Solar and Data Centers Resulting in Record Forward Order Book
LONDON, June 24, 2019 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”), an international solar and power services company, is pleased to provide an update on the status of its US solar portfolio sale. Since the last update, the sale process has progressed further with new international parties now engaged. In Read More

Still too early to take position on OPEC+ crude deal for H2: Russia’s Novak

3 hours ago DieselGasoil Comments Off on Still too early to take position on OPEC+ crude deal for H2: Russia’s Novak
London — Russian energy minister Alexander Novak said Monday it was still too early to talk about what form an OPEC+ deal on crude output should take in the second half of the year due to ongoing uncertainty in the market. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Read More

US deploying missiles along Russia’s borders could lead to ‘new Cuban crisis’ – Russia’s deputy FM

4 hours ago DieselGasoil Comments Off on US deploying missiles along Russia’s borders could lead to ‘new Cuban crisis’ – Russia’s deputy FM
Washington will provoke explosive tensions, reminiscent of the darkest moments of the Cold War, if it sends missiles close to Russia’s border after suspending the INF Treaty, a senior diplomat in Moscow warned. If Washington deploys short or mid-range ground-based missiles along Russia’s borders, the situation “will not only become complicated, it will escalate to Read More

Indian hero pilot’s facial hair must be declared ‘national mustache’ – Congress leader

4 hours ago DieselGasoil Comments Off on Indian hero pilot’s facial hair must be declared ‘national mustache’ – Congress leader
Viral sensation and national hero, Indian Air Force (AIF) pilot Abhinandan Varthaman, is back in the headlines after the leader of the Indian National Congress called for his facial hair to be declared the ‘national mustache.’ “Wing Commander Abhinandan Varthaman should be awarded and his moustache should be made ‘national moustache,’” Adhir Ranjan Chowdhury, leader Read More

G20 nerves hit Europe stocks; dollar slips to three-month low

4 hours ago DieselGasoil Comments Off on G20 nerves hit Europe stocks; dollar slips to three-month low
LONDON (Reuters) – European stocks stumbled and the dollar hit three-month lows on Monday as hopes waned for progress in Sino-U.S. trade talks at this week’s G20 meeting and fears of an escalation in Iran tensions flared up. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Read More

GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights

5 hours ago DieselGasoil Comments Off on GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights
Monaco, June 24, 2019 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog”, the “General Partner”, or the “GP”) (NYSE: GLOG) and GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) announced today an agreement to eliminate the GP’s incentive distribution rights (“IDRs”) in exchange for newly issued limited partner (“LP”) units. In exchange for the IDRs, Read More

Archrock Announces Agreement to Acquire Elite Compression

6 hours ago DieselGasoil Comments Off on Archrock Announces Agreement to Acquire Elite Compression
Acquiring approximately 430,000 of compression horsepower from Elite Compression Services for approximately $410 million in cash and Archrock common stock Reinforces focus on large horsepower compression serving midstream infrastructure with blue-chip customers Accretive to earnings and free cash flow per share and supports our path to achieving sub-4.0x leverage in 2020 Enhances basin density across Read More