Penn Energy Latest News
Statoil achieves climate target two years ahead of schedule
Fri, 22 Sep 2017 23:30:00 GMT

Statoil has already achieved its 2015 target of reducing the CO2 emissions from the Norwegian continental shelf by 1.2 million tonnes annually from 2008 to 2020.

Oil and Gas: MDU to build natural gas pipeline to Doosan Bobcat factory
Fri, 22 Sep 2017 23:00:00 GMT

Bismarck-based Montana Dakota Utilities is building a $13.8 million pipeline to provide natural gas to a South Korea-owned manufacturing facility in southeastern North Dakota.

Oil and Gas: Alyeska investigating crude release at Valdez Marine Terminal
Fri, 22 Sep 2017 23:00:00 GMT

Alyeska is responding to a release of crude oil onto water at the west end of the Valdez Marine Terminal near Berth 5. Crews have secured the source of the spill.

Gazprom Neft plans revamp of Omsk refinery coker
Fri, 22 Sep 2017 19:49:00 GMT

PJSC Gazprom Neft will invest more than 5.2 billion rubles on a project to upgrade and modernize the existing 767,000-tonne/year delayed coking unit (DCU) at its 21.4 million-tonne/year Omsk refinery in Western Siberia as part of its ongoing modernization program to reduce environmental impacts and improve processing capacities, conversion rates, energy efficiency, and production qualities at the site.

Baker Hughes: US rig count drops for sixth time in 8 weeks
Fri, 22 Sep 2017 17:54:00 GMT

The US rig count during the week ended Sept. 22 declined for the sixth time in 8 weeks, again anchored by a drop in oil-directed rigs.

Political tensions in Venezuela place Petrojam refinery revamp on hold
Fri, 22 Sep 2017 17:51:00 GMT

Jamaica’s Prime Minister Andrew Holness reported that the planned expansion and overhaul of the Petrojam Ltd. joint venture’s 36,000-b/d hydroskimming refinery in Kingston has been placed on hold because of the continued political unrest in Venezuela.

Total, Chevron team up for deepwater Gulf of Mexico exploration
Fri, 22 Sep 2017 17:20:00 GMT

Total E&P USA Inc. has entered into an agreement to capture seven prospects operated by Chevron U.S.A. Inc. in the deepwater Gulf of Mexico.

Phillips 66 Partners to buy Phillips 66’s Bakken Pipeline stake, Merey Sweeny
Fri, 22 Sep 2017 17:00:00 GMT

Phillips 66 Partners LP has agreed to acquire Phillips 66’s 25% interest in each of Dakota Access LLC and Energy Transfer Crude Oil Co. LLC as well as 100% interest in Merey Sweeny LP.

Transocean scraps six floaters
Fri, 22 Sep 2017 16:51:00 GMT

Transocean Ltd. has reported its intent to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, and Deepwater Pathfinder, and the deepwater floater Transocean Marianas.

Gazprom Neft starts production from Russia’s Otdelnoye oil field
Fri, 22 Sep 2017 16:35:00 GMT

Gazprom Neft PJSC said it has brought Otdelnoye field in Russia into commercial production, with two wells producing a total of 170 tonnes/day of oil.

Clontarf identifies plays on exploration block offshore Equatorial Guinea
Fri, 22 Sep 2017 16:33:00 GMT

Clontarf Energy has issued details of prospective targets in block 18 offshore Equatorial Guinea, which the company was awarded under the country’s 2017 Bid Round.

Higher federal court’s appeal dismissal in BLM fracing suit is mixed
Fri, 22 Sep 2017 16:24:00 GMT

A federal appeals court in Denver dismissed six environmental organizations’ appeal of a district court’s decision invalidating the US Bureau of Land Management’s regulation of hydraulic fracturing at oil and gas operations on onshore public lands.

Konsgberg to overhaul PSV power for Mexican vessel contractor
Fri, 22 Sep 2017 16:24:00 GMT

SEACOR Marine and Mexican contractor MEXMAR have awarded Kongsberg a turnkey supply contract for a new hybrid power solution for the platform supply vessel SEACOR Maya.

Utility poles: Polyurethane backfill for straightening utility poles sets in as little as 15 minutes
Fri, 22 Sep 2017 15:51:00 GMT
Utility poles: BMK Corporation’s Polecrete Stabilizer is the fast, effective polyurethane backfill solution that sets in as little as 15 minutes. It lets you set or straighten utility poles without hauling crushed rock, pouring concrete or tamping soil.
Construction equipment: PANTHER T16 rubber tracks to be introduced at ICUEE
Fri, 22 Sep 2017 15:46:00 GMT
Utility vehicles: PRINOTH announces its participation in The International Construction and Utility Equipment Exposition (ICUEE) again this year.