UK Government Minister for Scotland, Lord Dunlop, and MSP Paul Wheelhouse have opened the new £180 million ($225 million) Oil & Gas Technology Centre (OGTC) in Aberdeen. The center, which opened on Friday, is a core part of the £250 million Aberdeen City Region Deal which aims to become the go-to ce
Anadarko, the developer of the giant Mozambique LNG project, has named Claire Farley to serve as an independent director of the company.
The United Kindom expects to import more natural gas from Norway as it is looking to reduce carbon dioxide emissions. This was revealed on Friday after the UK Energy Minister Jesse Norman and his Norwegian counterpart Terje Søviknes held their first meeting in Oslo. “British interest in Norwegian ga
Vitaly Markelov, deputy chairman of Gazprom and Wang Dongjin, vice president of CNPC held talks on the progress of the Power of Siberia pipeline.
Offshore seismic player Spectrum doesn’t expect the marine seismic market conditions to improve much this year, as it expects 2016 and 2017 will represent the bottom of the current downcycle. The Oslo-listed company posted a positive result in the fourth quarter, with a net profit of 2.5 million ver
Atlantis Resources has signed an agreement to partner with Natural Energy Wire (NEW) to develop the Wyre tidal project. The project is planned to be built between Fleetwood and Knott’s End on the Lancashire coast in England. The Wyre project, which has been under development for several years, compr
Imports at US major retail container ports are expected to rise by 4.6 percent during the first half of 2017 over the same period last year, shows the new monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. The increase is ascribed to the improvement
Germany’s Federal Administrative Court (Bundesverwaltungsgericht) in Leipzig has approved in principle the plan to dredge the river Elbe, stating that it needs to be revised by taking into account environmental concerns. Although the court has not rejected the plan, it has declared that the existing
The U.S. Department of Justice has completed its corruption investigation of the Houston-based oil company Cobalt International Energy leaving the company in the clear. Cobalt informed on Thursday the company has received a letter from the DOJ saying the department has closed its Foreign Corrupt Pra
U.S. LNG export player Cheniere is progressing construction activities at its Sabine Pass liquefaction and export project in Louisiana.
French offshore ship owner Bourbon Offshore has revealed a whopping number of more than a hundred of its offshore vessels stacked at the end of 2016. The vessel owner, with a fleet of over 500 offshore vessels, said that it has maintained an “active stacking policy” to maximize the utilization rat
By Bartolomej Tomic Italian prosecutors have reportedly charged Eni and its CEO Claudio Descalzi with international corruption over the controversial acquisition of an offshore block in Nigeria in 2011. Apart from Descalzi, the charge reportedly extends to the former CEO Paolo Scaroni and nine other
Vattenfall has submitted a request to the Crown Estate for the seabed rights for the Thanet Extension offshore wind farm.
Oil and gas company Sequa Petroleum plans to cease its E&P activities in Norway, conducted through Tellus Petroleum, and focus on acquiring assets elsewhere in Europe. Regarding plans to stop its activities in Norway, Sequa said on Thursday that consultation procedures with Tellus employee represent
