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Enerflex Announces Record Bookings and Backlog with Fourth Quarter 2018 Financial Results and Quarterly Dividend

10 hours ago DieselGasoil Comments Off on Enerflex Announces Record Bookings and Backlog with Fourth Quarter 2018 Financial Results and Quarterly Dividend
CALGARY, Alberta, Feb. 21, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or “the Company” or “we” or “our”), a leading supplier of products and services to the global energy industry, today reported its financial and operating results for the three and twelve months ended December 31, 2018. Summary Table of Fourth Quarter and Twelve Read More

AMLO sounds death knell for oil reforms with Pemex farm-out halt

12 hours ago DieselGasoil Comments Off on AMLO sounds death knell for oil reforms with Pemex farm-out halt
By Amy Stillman on 2/21/2019 Photo: Mexico President Andres Manuel Lopez Obrador. MEXICO CITY (Bloomberg) — Mexico President Andres Manuel Lopez Obrador has suspended future Petroleos Mexicanos farm-out bids, putting one of the final nails in the coffin for the 2014 energy reforms that promised to reverse years of oil-production declines with private companies’ involvement. “What Read More

Navy makes next 2 Ford-class aircraft carriers 'more lethal'

2 days ago DieselGasoil Comments Off on Navy makes next 2 Ford-class aircraft carriers 'more lethal'
The Navy is making lethality enhancing “modifications” to its next several new Ford-class aircraft carriers, to include integrated “digital shipbuilding” and weapons-oriented adjustments intended to further increase overall aircraft carrier combat effectiveness. The initiatives, according to Navy statements, involve specific aircraft carrier modifications intended to, among other things, improve the maritime warfighting potential of the Read More

Wood awarded EPCI contract by Equinor in Norway

3 days ago DieselGasoil Comments Off on Wood awarded EPCI contract by Equinor in Norway
2/19/2019 Equinor’s Snorre A. Photo: Wood. HOUSTON — Wood has secured a new $13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project. Effective immediately, Wood will provide topside modifications to enable the tie-in of subsea equipment to offshore platforms Snorre Read More

Gas guru who corrected CIA says U.S., Russia pick wrong fight

3 days ago DieselGasoil Comments Off on Gas guru who corrected CIA says U.S., Russia pick wrong fight
By Jonathan Tirone on 2/18/2019 Nebojsa Nakicenovic. Photo: IIAC. VIENNA (Bloomberg) — The scientist who built the most prominent Cold War energy advisory said the U.S. and Russia should set aside their fight over natural gas markets and focus on slashing fossil fuel pollution more quickly. Nebojsa Nakicenovic helped set the stage for the global gas Read More

Weir Oil and Gas awarded contract with Expro for repair of Powerchoke products

3 days ago DieselGasoil Comments Off on Weir Oil and Gas awarded contract with Expro for repair of Powerchoke products
2/18/2019 Photo: Expro Group. HOUSTON — Weir Oil & Gas Dubai announced that it has signed a contract with Expro to provide authorized repairs, specifically for Expro’s PowerChokes product range. The Authorized Repair Facility agreement will see Expro customers send PowerChokes products to Weir Oil & Gas Dubai’s facility to capitalize on Weir’s Original Equipment Read More

KCA Deutag awarded drilling contracts in Middle East, Russia and Africa

4 days ago DieselGasoil Comments Off on KCA Deutag awarded drilling contracts in Middle East, Russia and Africa
2/18/2019 Photo: KCA Deutag. ABERDEENSHIRE — Global drilling and engineering contractor KCA Deutag has announced that its land drilling operation has won new contracts and contract extensions worth approximately $110 million. These contracts are for onshore drilling in the Middle East, Russia and Africa. Middle East In the Middle East, KCAD has been successful in Read More

Egypt is shaping up to become a real energy hub

4 days ago DieselGasoil Comments Off on Egypt is shaping up to become a real energy hub
Egypt’s oil and gas future looks very bright. The large scale concessions awarded during the EGYPS2019 conference in Cairo, 11-13 February, shows the appetite of IOCs, such as Shell, BP and ENI in this emerging energy hotspot. After years of a major slump, partly due to continuing payment and security issues, the Pharaohs are again Read More

Alabama jury awards $152 million in Ford Explorer rollover case

5 days ago DieselGasoil Comments Off on Alabama jury awards $152 million in Ford Explorer rollover case
FILE PHOTO: The Ford logo is seen on a vehicle at the New York Auto Show in the Manhattan borough of New York City, New York, U.S., March 29, 2018. REUTERS/Shannon Stapleton/File Photo NEW YORK (Reuters) – An Alabama jury awarded $151.8 million to a young man paralyzed in 2015 rollover accident involving a Ford Read More

Amazon pulls plug on New York City headquarters

1 week ago DieselGasoil Comments Off on Amazon pulls plug on New York City headquarters
(Reuters) – Amazon.com Inc abruptly scrapped plans to build a headquarters in New York after opposition from local politicians and some of its would-be neighbors, the third most-valuable public U.S. company said on Thursday. Amazon’s search for a second headquarters, which it described as HQ2, was deemed a massive, year-long public relations success, garnering worldwide Read More