GulfMark Offshore, a provider of offshore support vessels, has taken delivery of an Arctic class PSV, named the North Barents, from Simek AS shipyard in Norway. GulfMark said on Monday that the platform supply vessel was delivered to its Norwegian subsidiary, GulfMark Norge. The company added that t
Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has completed its previously announced bond issue in the Norwegian bond market. Bermuda-based Teekay LNG has issued NOK 300 million ($35 million) in new senior unsecured bonds through an add-on to its existing Norwegian bonds du
Energy giant BP, the operator of the Tangguh LNG project, said the facility dispatched 119 cargoes of liquefied natural gas in 2016, reaching a record production.
BP will sell portions of its interests in the Magnus oil field and some associated pipeline infrastructure in the UK northern North Sea and in the Sullom Voe Terminal (SVT) on Shetland to EnQuest. The British oil major said that the sale includes 25 percent of BP’s 100 percent stake in Magnus; 25 pe
Mitsubishi Heavy Industries has established a specialized oil & gas division within its Houston-based unit, Mitsubishi Heavy Industries America.
Spectrum has announced the start of a 6,000 km multi-client 2D survey in the Potiguar Basin, offshore Brazil. The company said on Tuesday that the new acquisition program is an extension of its 2013 Potiguar Phase 1 survey. The survey is acquired in partnership with BGP. Spectrum’s Equatorial Margin
The Minister of Petroleum Resources and the chairman of the Nigerian National Petroleum Corporation (NNPC), Emmanuel Ibe Kachikwu, and Eni CEO, Claudio Descalzi, have signed a MoU to further strengthen the longstanding partnership in Nigeria. NNPC and Eni, through its subsidiaries Nigerian Agip Oil
The American Bureau of Shipping (ABS) released its Guide for LNG bunkering, providing standards for the design, construction, and survey of LNG bunkering systems that are on board a vessel.
The Hague-based LNG giant Shell said on Monday it has appointed a new global head of exploration. Marc Gerrits, currently upstream strategy vice president at Shell, will replace Ceri Powell as the head of global exploration on February 13, a Shell spokeswoman confirmed to LNG World News in an emaile
Offshore service contractor Java Offshore has recently completed the acquisition of a majority stake in Asian Geos from both Gardline Geosciences and Helms Geomarine. Asian Geos is a specialist offshore geotechnical and geophysical service provider within the Asia Pacific market. Java Offshore said
BP’s Juniper offshore platform has begun its journey towards the southeast coast of Trinidad where it will be installed as BP’s 14th offshore installation. BP says the $2 billion Juniper project is one of its largest start-up projects in 2017. The project is operated by BP’s subsidiary BP Trinidad &
French seismic survey specialist, CGG has reduced day rates for two more seismic vessels following the reduction for an Eidesvik-owned ‘Viking Vanquish’ vessel. The reduction of the day rate for the Viking Vanquish seismic vessel is effective from January 2017. Reflecting CGG’s commitment to focus o
Equatorial Guinea has submitted its offer to become the 14th member of the Organization of Petroleum Exporting Countries (OPEC) in 2017. Equatorial Guinea Ministry of Mines and Hydrocarbons said on Monday that Minister Gabriel Mbaga Obiang traveled to Vienna on January 20 to meet with OPEC officials
Following dayrate reduction for an Eidesvik-owned seismic vessel, the French-based geophysical company CGG has slashed the dayrates for two more seismic vessels. Earlier on Monday, Offshore Energy Today reported that CGG had agreed with Eidesvik Offshore to reduce the dayrate for the seismic vessel
