Europe

oil production

JSC Gazpromneft-ONPZ has completed major upgrades to an existing unit at its 430,000-b/d Omsk refinery in Western Siberia to increase efficiency of diesel production. PJSC Gazprom Neft subsidiary JSC Gazpromneft-ONPZ has completed major upgrades to an existing unit at its 430,000-b/d Omsk refinery in Western Siberia to increase efficiency of diesel production as part of …

Hydrogen Taskforce

Earlier this week a cross-industry coalition was launched in UK Parliament with a goal of promoting large-scale deployment of hydrogen across the UK. Titled ‘Hydrogen Taskforce’, and comprised of hydrogen players Arup, Arval, Baxi, BNP Paribas, BOC, BP, Cadent, DBD, ITM Power, Shell and Storengy, the group has an objective to secure investment and support …

postponed

Deutsche Messe has today announced that Hannover Messe 2020 will be postponed to July in response to global developments related to the coronavirus. The trade fair for industrial technology, expected to attract 200,00 visitors, will now take place on 13th-17th July at the Hanover Fairground, Hanover, Germany. The Hannover Region Health Authority strongly recommended the Deutsche …

drilling

Plexus’ Russian licensee, Gusar, has placed an order for an additional set of POS-GRIP exploration rental jack-up drilling wellhead equipment. Plexus, the owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, said on Wednesday that this purchase by Gusar is in response to discussions between Gusar and its customers following the installation of a …

revenue

Offshore drilling contractor Noble Corporation has managed to keep its net loss flat in the last quarter of 2019 while its revenues increased during the period. Noble Corp. CEO is getting ready to transition to the role of an executive chairman. Noble Corporation today reported a net loss attributable to the company for the three …

booking loss

Offshore drilling contractor Transocean has booked a loss for the last quarter of 2019 as its revenues increased. However, the company has reduced the loss sequentially and year-over-year helped by gain on termination of construction contract, tax items, and disposal of assets, but partially offset by impairments and restructuring costs. Transocean’s contract drilling revenues were …