These are features of Oil and gas, industrial and other relevant news
BG Group wants to Sell Gas Field for $1.2 billion BG Group plc, which is being acquired by Royal Dutch Shell plc, has put up for sale its 22.2 percent stake valued at around $1.2 billion in Thailand’s huge Bongkot offshore gas field, people familiar with the matter said. The move represents the first major…
Ukraine Calls for Another Gas Deal with Russia, 20% Debt Write-Down with Russia,Ukraine hopes to return to last winter’s gas deal. Ukrainian Prime Minister Arseniy Yatsenyuk said last Friday that Ukraine and Russia should implement a similar deal to the one reached last winter for the coming months, reports the Associated Press. “We are convinced…
UK Oil & Gas Authority has approved the development of what has been described as the largest new gas field discovered in the UK North Sea, the Culzean. The field, operated by Maersk Oil is expected to produce enough gas to meet 5% of total UK demand at peak production in 2020/21. Culzean is also…
 Rig Manager who Stole $3.5M from Maersk Drilling Jailed for 4 years Maersk Drilling, a Danish offshore drilling contractor, has won the case against its former employee of Russian origin. Namely, the employee, named Vladimir Volkov, according to Danish media, has been sentenced to four years in prison for defrauding the company. The 30-year-old, living…