Norway’s offshore safety watchdog, the Petroleum Safety Authority (PSA), has completed its investigation of the fire which broke out on Statoil’s Statfjord A platform offshore Norway in October 2016 and identified breaches of regulations. Statfjord A is a North Sea production platform that has a con
The US Federal Maritime Commission (FMC) has voted to amend its rules involving Service Contracts and NVOCC Service Arrangements (NSAs) in order to ease regulatory burdens and make the agency’s rules more consistent with how the ocean shipping business is now practiced. “The Commission examined regu
US-based energy giant Chevron expects to produce first liquefied natural gas (LNG) from the third liquefaction train of its giant Gorgon facility in Western Australia by the end of this month. “Train 3 construction and commissioning has gone smoothly and we are expecting first LNG before the end of
Kongsberg Maritime, a Norwegian technology company, has added a new research vessel to its fleet. The new research vessel, named Sølvkrona, is specially designed for testing of autonomous technologies. The Harbor Master from Horten, Bente Levin, christened the new vessel. According to Kongsberg, the
The three liquefaction plants located on Curtis Island off Gladstone shipped a total of 50 LNG cargoes during the first two months of 2017.
The Italian natural gas transmission system operator, Snam, intends to study the development of small-scale LNG business and to up its investment over the 2017-2021 period.
U.S. Secretary of the Interior Ryan Zinke said on Monday that the Department would offer 73 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development. The proposed region-wide lease sale is scheduled for August 16, 2017, and will include a
British multinational consultancy and engineering company Amec Foster Wheeler said it has won a five-year deal with a unit of the Hague-based LNG giant Shell. Under the enterprise framework agreement, Amec Foster Wheeler will provide services for Shell Global Solutions International’s downstream pro
MPI Offshore’s wind turbine installation vessel MPI Enterprise has installed the first Senvion 6.2M-126 turbine at the 332MW Nordsee One offshore wind farm in the German North Sea.
LONDON (Reuters) – A recent surge in North Sea deals, driven by private equity money, will inspire other investors to spend more in the ageing basin where gross revenue has turned positive for the first time in five years, Britain’s oil lobby said. The UK North Sea oil and gas market has attracted d
US-based energy giant and LNG player ExxonMobil said on Monday it would invest $20 billion through 2022 to expand it business along the U.S. Gulf Coast. The investments at 11 sites in Texas and Louisiana would create over 45,000 jobs, Darren Woods, Chief Executive of ExxonMobil said in a speech at C
General Electric Company (GE) and Baker Hughes have each received a request for additional information from the United States Department of Justice (DOJ) in connection with the pending combination of GE’s oil and gas business with Baker Hughes. The two companies announced their agreement to combine
Italian oil and gas company Eni finalized a farm-in agreement with Total to acquire 50 percent participating interest in block 11 offshore Cyprus.
Gazprom signed a five-year €700 million (Approx: US$740 million) with France’s Credit Agricole Corporate & Investment Bank.
