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Top news of the week January 23-28
News

Top news of the week January 23-28

Australia: Ichthys power plant contract terminated, hundreds of jobs affected A $550 million contract for the construction of a combined cycle power plant for the Inpex-operated Ichthys LNG project in Australia has been terminated, leaving hundreds of workers in limbo. BP outlook: LNG to grow seven

about 9 years ago
GasLog Partners posts highest ever quarter profit
News

GasLog Partners posts highest ever quarter profit

GasLog Partners, the New York-listed spinoff of LNG shipper GasLog reported increased profits for the fourth quarter and the full year of 2016.

about 9 years ago
New offshore rig services player makes ready for market recovery
News

New offshore rig services player makes ready for market recovery

A new player in the offshore rig services market has recently emerged in Denmark. The new company, set in the Port of Frederikshavn in the Northern Denmark, was formed by three oil & gas service providers for the oil & gas industry and named OVS Offshore. Offshore Energy Today has had an interview w

about 9 years ago
Total: ‘Difficult’ North Sea well ‘under full control’
News

Total: ‘Difficult’ North Sea well ‘under full control’

Total E&P UK on Friday experienced what it says were difficulties while drilling one of its North Sea wells. Following several reports that Total was fighting at its Elgin platform to put a well under control, Offshore Energy Today reached out to the company seeking further info. This is what the co

about 9 years ago
Shell set to sell $3 billion North Sea assets to Chrysaor
News

Shell set to sell $3 billion North Sea assets to Chrysaor

By Ron Bousso and Clara Denina LONDON (Reuters) – Royal Dutch Shell <RDSa.L> is nearing the sale of a large part of its North Sea oil and gas assets to private equity-backed Chrysaor for $3 billion (2.39 billion pounds), banking sources said, marking a milestone in its drive to reduce debt after buy

about 9 years ago
Aker BP to remove emergency response vessel from Alvheim
News

Aker BP to remove emergency response vessel from Alvheim

Oil company Aker BP has been given a permission to remove an emergency response vessel from the Alvheim field in the North Sea, off Norway. Norway’s offshore safety regulator, the Petroleum Safety Authority (PSA), said on Friday it has given its consent to Aker BP to remove the vessel from the field

about 9 years ago
Titan LNG receives funding for its LNG bunkering pontoon
News

Titan LNG receives funding for its LNG bunkering pontoon

Titan LNG, the supplier of LNG to the marine and industrial markets in North West Europe, has been awarded a subsidy of €500.000 (Approx: US$535,000) by the province of North-Holland to support the construction of its LNG bunkering pontoon.

about 9 years ago
Brave Tern Assembles First Wikinger Turbines (Photos)
News

Brave Tern Assembles First Wikinger Turbines (Photos)

Iberdrola has shared several photos showing the start of turbine installation works at the 350MW Wikinger offshore wind farm in the German part of the Baltic Sea. The photos show Fred. Olsen Windcarrier’s jack-up vessel Brave Tern installing some of the wind farm’s 70 Adwen 5MW wind turbines at the

about 9 years ago
Trump names Cheryl LaFleur to head FERC
News

Trump names Cheryl LaFleur to head FERC

U.S. President Donald Trump named Cheryl LaFleur as acting chairman of the Federal Energy Regulatory Commission following the resignation Norman Bay.

about 9 years ago
Greenpeace launches campaign against oil exploration off Brazil
News

Greenpeace launches campaign against oil exploration off Brazil

The environmentalist group, Greenpeace, has launched a new campaign in Brazil with an aim to protect the newly discovered Amazon Reef from oil exploration. In the far north of Brazil, where the Amazon River meets the sea, there is a coral reef whose discovery was announced by a group of scientists i

about 9 years ago
Wärtsilä’s fourth quarter order intake drops
News

Wärtsilä’s fourth quarter order intake drops

Finnish engine manufacturer Wärtsilä order intake during the fourth quarter 2016 dropped 6 percent from the same quarter in 2015, reaching €1.32 billion (Approx. US$1.41 billion).

about 9 years ago
Port of Halifax Gears Up for Busiest Cruise Season to Date
News

Port of Halifax Gears Up for Busiest Cruise Season to Date

Canadian Port of Halifax expects the 2017 cruise season to be the busiest to date, with 179 vessel calls carrying around 275,000 passengers. A record number of passenger visits and ship calls will get underway on April 24, 2017, with the arrival of the Amadea, a Phoenix Reisen vessel, according to t

about 9 years ago
Oil prices dip as rising U.S. output offsets OPEC-led cuts
News

Oil prices dip as rising U.S. output offsets OPEC-led cuts

By Henning Gloystein SINGAPORE (Reuters) – Oil prices dipped on Friday as rising crude output from the United States was offsetting efforts by OPEC and other producers to prop up the market by cutting supplies. Brent crude futures, the international benchmark for oil prices, were trading at $56.17 p

about 9 years ago
AzEire gains extension for license offshore Ireland
News

AzEire gains extension for license offshore Ireland

AzEire, the Ireland focused oil & gas exploration company backed by Seacrest Capital, has been awarded an extension to its 100% working interest FEL 1/13 license in the Porcupine Basin, off Ireland. The consent for the extension was given by the Minister for Communications, Climate Actions and Envir

about 9 years ago
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