These are features of Oil and gas, industrial and other relevant news
Nigeria and Algeria May Face Further Oil Export Decline, Saudi Arabia and the UAE will withstand the pressure of sinking oil prices owing to strong non-oil sector performance The latest report from a global consulting firm, Frost & Sullivan has predicted that Nigeria and Algeria may face further decline in crude oil exports going by…
Encana sells Colorado assets to Broe Group partnership for $900M Encana Corp. agreed to sell oil and natural gas assets in Colorado to an entity 95-percent owned by Canada Pension Plan Investment Board for about $900 million. The Broe Group, a Denver-based conglomerate, in partnership with the Canada Pension Plan Investment Board plans to acquire…
Petrobras contracts Honeywell’s spectra fibre for new offshore oil and gas platforms Honeywell’s Spectra fibre has been selected by Brazil-based Petrobras to use in ropes at its new offshore oil and gas platforms. Rope maker Cortland will incorporate the high-performance fibre into its BOB 12×12 fibre rope, which will be used for the project as part of…
Aberdeen Airport Evacuated – 400 Passengers Re-Screened by Security All flights have been delayed at Aberdeen International Airport after what has been described as an ‘operational incident’ occurred. The airport which acts as the main heliport for helicopters travelling to offshore oil and gas installations said that up to 400 people have been sent back…