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GAIL and Vitol formalize 10-year LNG supply deal

Gas Authority of India Limited (GAIL) has executed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with Vitol Asia, a unit of the Switzerland-based energy and commodities company Vitol. The post GAIL and Vitol formalize 10-year LNG supply deal appeared first on Offshore Energy.

BP entrusts KBR-SOCAR JV with terminal electrification and giant gas field’s next phase

KBR, a U.S.-headquartered science, technology, and engineering player, has won new assignments in Azerbaijan with the UK-headquartered BP, thanks to its joint venture with SOCAR, known as SOCAR-KBR, which will undertake detailed engineering design solutions and procurement services for two projects designed to contribute to the country’s energy security. The post BP entrusts KBR-SOCAR JV with terminal electrification and giant gas field’s next phase appeared first on Offshore Energy.

IMO and IAEA grant official status to Nuclear Energy Maritime Organization

The Nuclear Energy Maritime Organization (NEMO), an organization focusing on the practical application of new nuclear solutions in the maritime industry, has received NGO Consultative Status at the International Maritime Organization (IMO) and a formal invitation to regularly participate in the  General Conference of the International Atomic Energy Agency (IAEA). The post IMO and IAEA grant official status to Nuclear Energy Maritime Organization appeared first on Offshore Energy.

Arbitration finale of rig termination saga bringing $105 million to Dolphin Drilling

Following its arbitration win in a case concerning the termination of a drilling contract off the coast of Nigeria, Scotland-headquartered offshore drilling contractor Dolphin Drilling has received the go-ahead to kick off the collection proceedings to obtain its arbitration award from Lagos-based General Hydrocarbons Limited (GHL). The post Arbitration finale of rig termination saga bringing $105 million to Dolphin Drilling appeared first on Offshore Energy.