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Donald Trump will name Oklahoma Attorney General Scott Pruitt head of the Environmental Protection Agency, according to multiple reports attributed to a Trump transition team source.
Mozambique has about 85 trillion cubic feet of gas reserves--enough to supply Germany, Britain, France and Italy for nearly two decades, Reuters reported.
The Western Hemisphere business in the Americas designs, modifies, constructs and operates facilities for the oil and gas industry and other industrial sectors.
The agreement to acquire the stake was announced in October, and included an option for Aker Solutions to purchase the remaining 30% of the company three years from now.
Energean, which is focused on Greece, the Adriatic Sea, the eastern Mediterranean and North Africa, is 45% owned by hedge fund Third Point, Reuters reported.
Meanwhile, the United Arab Emirates voiced optimism that other producers would participate saying that the oil market needs prices that provide an incentive to invest in production.
Shell will agree on Dec. 7 to develop a major Iranian oil field, the Wall Street Journal reported, citing an Iranian oil ministry spokeswoman.
The European Aviation Safety Agency lifted a flight ban in October after Airbus contained a potential weakness inside the gearbox, Reuters reported.
Since 2014, international oil companies have renounced a total of 19 exploration blocks in Kurdistan, according to an analysis by the Iraq Oil Report, Reuters said.
Harald Frigstad, chairman and founder of Frigstad Group, said that Frigstad Group is reorganizing, investing in R&D and launching next-generation ultra-deepwater semisubmersible rig designs in 2017.
Wood Group and Heerema Fabrication Group will jointly develop wellhead platforms on the Norwegian Continental Shelf (NCS), providing design, installation, hookup and commissioning.
Athens tendered 20 offshore blocks in 2015 in the Ionian Sea and south of the island of Crete for deepsea oil and gas drilling, and unsealed the offers in February, Reuters reported.