The Hellenic (Greek) Hydrocarbon Resources Management (HHRM) department reports that seismic studies of Crete's offshore predict major reserves located to the south. ”The team of HHRM completed the processing of seismic data to accurately map the geometric structures in the marine areas of central Ionian and south of Crete,” the...
MacGregor, part of Cargotec, has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater Floating Production Unit (FPU) located on the China Sea Lingshui 17-2 gas field. The order is booked into Cargotec’s third quarter of 2019 order...
Russia, EU and Ukraine are taking a break in talks over renewing their 10-year-old gas transit contract which expires Jan. 1, 2020. Noting that “time is flying,” European Commission vice president Maroš Šefčovič, says he was “disappointed” by Monday’s Russia-EU-Ukraine talks on renewing the 10-year-old gas transit contract that expires...