FPSO vessel

Deployment of floating production units is predicted to increase; however, analysts think orders for such units will fall in 2015.

Operators seek greater efficiency and lower cost per barrel in a challenging price environment.

About 55% of global demand will be met by oil and gas in 2035, but decline rates make that challenging.

The Kwame Nkrumah FPSO operates in the Jubilee oil fields offshore Ghana. (Source: Kosmos Energy)

The prospects include Al Khayr, Tortue and Marsouin.

The availability of dual-fuel engines and dedicated natural gas engines has created more fuel options in the oil patch.

The Court of Queen’s Bench of Alberta has granted a final order approving the proposed arrangement under which Repsol will acquire Talisman Energy, according to a news release.

After being recovered by the Esvagt Aurora, the person involved was sent to Hammerfest Hospital with minor injuries.

Under the five-year contract, BP said it will offer courses next year in a new-state-of-the-art Maersk Training facility in Houston.

With hydrocarbons plentiful, the region is a sleeping giant for the oil and gas industry.

Many countries offer tax credits on R&D. And many companies are unaware of them.

The transaction is expected to be completed in second-quarter 2015.

The special meetings of stockholders are scheduled for March 27, 2015.