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After billion-barrel bonanza, BP goes global with seismic tech

2 days ago DieselGasoil Comments Off on After billion-barrel bonanza, BP goes global with seismic tech
LONDON (Reuters) – Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil. BP’s Wolfspar seismic source device is pictured at Mad Dog oil field in the deepwater Gulf of Mexico, January 19, Read More

Pragma's Downhole Steam Injection Valve takes next step towards North Sea reality

3 days ago DieselGasoil Comments Off on Pragma's Downhole Steam Injection Valve takes next step towards North Sea reality
1/17/2019 Concept image: Pragma’s Downhole Steam Injection Valve. ABERDEEN — Aberdeen-based oil and gas production technology business, Pragma Well Technology, has been given the green light by Pharis Energy and OGTC to progress with the manufacture and prototype testing of their Downhole Steam Injection Valve (DSIV) following a successful feasibility study. Using advanced materials, detailed Read More

Why a Libyan oilfield grab could be a boon or bane for exports

3 days ago DieselGasoil Comments Off on Why a Libyan oilfield grab could be a boon or bane for exports
By Salma El Wardany on 1/17/2019 CAIRO (Bloomberg) — Forces loyal to Libya’s eastern leader Khalifa Haftar have swept into the country’s lawless and oil-rich southern region to expel militants and secure energy facilities. The operation, if successful, could put Haftar in control of most of Libya’s oil fields and help rejuvenate exports from OPEC’s Read More

In Papua New Guinea, Exxon's giant LNG project fuels frustration

4 days ago DieselGasoil Comments Off on In Papua New Guinea, Exxon's giant LNG project fuels frustration
PORT MORESBY (Reuters) – From her red-roofed home near Papua New Guinea’s capital of Port Moresby, Isabelle Dikana Iveiri overlooks a giant plant used by Exxon Mobil Corp to liquefy billions of dollars’ worth of natural gas before it is shipped to Asian buyers. Locals walk along a small beach where a Liquefied Natural Gas Read More

Petrobras has published its 2018 oil, natural gas production

4 days ago DieselGasoil Comments Off on Petrobras has published its 2018 oil, natural gas production
1/16/2019 Drillship. Photo: Andre Ribeiro. RIO DE JANEIRO —  Petrobras reports that in 2018, its total production of oil and gas, including natural gas liquids (NGL), was 2.63 MMboed, of which 2.53 MMboed produced in Brazil and 101,000 boed abroad. Petrobras’ own production of oil in Brazil was 2.03 MMbpd. The annual average of the Read More

Vryhof has secured $75 million in 2019 contracts

5 days ago DieselGasoil Comments Off on Vryhof has secured $75 million in 2019 contracts
1/15/2019 Photo: Vryhof mooring vessel. SCHIEDAM, The Netherlands — Vryhof and its three businesses – Deep Sea Mooring, Vryhof Anchors and Moorlink – have been awarded $75 million in new contracts, starting 2019 on a high. Deep Sea Mooring (DSM) has secured contracts with Saipem Indonesia, Odfjell Drilling and Noble Drilling for the supply of Read More

VW, Ford team up on trucks, eye deals on EVs, self-driving cars

5 days ago DieselGasoil Comments Off on VW, Ford team up on trucks, eye deals on EVs, self-driving cars
DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and are exploring shared development of electric and self-driving technology, actions meant to save the automakers billions of dollars. The President and CEO of Ford Motor Company Jim Hackett, poses with Volkswagen CEO Read More

Authorities discuss plans to build gas pipeline from Israel to Egypt

5 days ago DieselGasoil Comments Off on Authorities discuss plans to build gas pipeline from Israel to Egypt
By Mirette Magdy on 1/15/2019 CAIRO (Bloomberg) — Talks are in progress to build an underwater natural gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose.  Construction could begin as early as Read More

Volkswagen, Ford set alliance centered on vans, pickups

5 days ago DieselGasoil Comments Off on Volkswagen, Ford set alliance centered on vans, pickups
DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and also that they were exploring shared development of electric and self-driving technology, actions meant to save the automakers billions of dollars. The President and CEO of Ford Motor Company Jim Hackett, poses Read More

HUNDREDS OF SPIDERS blot out the sky in Brazilian town

6 days ago DieselGasoil Comments Off on HUNDREDS OF SPIDERS blot out the sky in Brazilian town
A video shot in Brazil appears to show hundreds of spiders falling from the sky in a chilling likeness of some apocalyptic omen or horror film plot. In fact, they are just perched on a giant, sky-spanning web, so rest easy. (If that doesn’t quite reassure you, you’re not alone.) The spiders in the video Read More