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News

Offshore wage status quo not an option, Unite says
News

Offshore wage status quo not an option, Unite says

Workers represented by Scotland’s biggest offshore trade union Unite have ‘overwhelmingly’ voted to reject a no-change pay and conditions offer from their employers, the union reported on Thursday. Unite, along with the GMB union, is seeking a wage increase for offshore members, along with improved

about 9 years ago
Yamal LNG secures €200 mln JBIC loan
News

Yamal LNG secures €200 mln JBIC loan

Novatek-operated Yamal LNG project on Friday signed a credit line facility with the Japan Bank for International Cooperation for the amount of €200 million (Approx: US$209.1 million).

about 9 years ago
Dunkirk LNG performance testing complete
News

Dunkirk LNG performance testing complete

Performance testing at the Dunkirk LNG terminal have been completed following the arrival of the third commissioning cargo delivered by RasGas on November 22.

about 9 years ago
SSE Launches Beatrice OWF Community Fund
News

SSE Launches Beatrice OWF Community Fund

SSE has opened the first round of the Partnership Fund for the Beatrice Offshore Wind Farm (BOWL), making GBP 600,000 available to support transformative community projects in both Highland and Moray in the first year. The Beatrice Partnership Fund, worth a total of GBP 3 million over a five-year pe

about 9 years ago
SSE Launches Beatrice OWF Community Fund
News

SSE Launches Beatrice OWF Community Fund

SSE has opened the first round of the Partnership Fund for the Beatrice Offshore Wind Farm (BOWL), making GBP 600,000 available to support transformative community projects in both Highland and Moray in the first year. The Beatrice Partnership Fund, worth a total of GBP 3 million over a five-year pe

about 9 years ago
Norton Rose Fulbright advises on Bahrain LNG financing
News

Norton Rose Fulbright advises on Bahrain LNG financing

Law firm Norton Rose Fulbright advised on the US$741 million financing for the Bahrain LNG terminal project.

about 9 years ago
EMAS AMC misses ‘Lewek Inspector’ payment. Ezra under pressure
News

EMAS AMC misses ‘Lewek Inspector’ payment. Ezra under pressure

Ezra Holdings, a Singapore conglomerate and a parent to offshore services provider EMAS AMC, is under pressure after its subsidiary failed to pay charter fees for some of its vessels. EMAS AMC has informed Forland Subsea it won’t be able to pay charter hire for Forland’s Lewek Inspector vessel for O

about 9 years ago
Picture of the day: Ichthys LNG onshore plant’s development in 2016
News

Picture of the day: Ichthys LNG onshore plant’s development in 2016

The Inpex-led US$34 billion Ichthys LNG project has made significant progress during the 2016, with a number of milestones achieved during the year.

about 9 years ago
Karoon ‘remains committed’ to buying Brazilian assets from Petrobras
News

Karoon ‘remains committed’ to buying Brazilian assets from Petrobras

Karoon Gas remains committed to buying Petrobras’ Baúna and Tartaruga Verde assets, offshore Brazil, after their exemption from any further suspension by the Brazilian court. Petrobras and Karoon started negotiating the sale of an operated 100% interest in the Baúna oil project and a non‐operated 50

about 9 years ago
Rosneft inks offshore exploration deal with Japanese consortium
News

Rosneft inks offshore exploration deal with Japanese consortium

Russian oil firm Rosneft has signed an offshore exploration deal with a consortium of Japanese companies. The memorandum of agreement was signed in Japan between Rosneft and the consortium comprising Inpex, Jogmec, and Marubeni. As per the agreement, the companies will cooperate on the joint explora

about 9 years ago
Huadian Heavy Industries Hires KCI for OSS Works
News

Huadian Heavy Industries Hires KCI for OSS Works

Beijing-based Huadian Heavy Industries has selected KCI the Engineers for the design review, fabrication preparation, load out and installation of an offshore substation. KCI will take care of the design review of both the topside as well as the foundation. In July, Oceanteam and KCI signed a long-t

about 9 years ago
Asia-Pacific Wind Energy Industry Gets Roof Organisation
News

Asia-Pacific Wind Energy Industry Gets Roof Organisation

Several industry executives from the wind energy sector in Asia have formed Asia Wind Energy Association (AsiaWEA), which was launched today. AsiaWEA has been established as the leading organisation for the onshore and offshore wind industry in Asia-Pacific. “Our mission is to establish and promote

about 9 years ago
EMAS AMC seeking standstill over ‘Lewek Connector’ charter
News

EMAS AMC seeking standstill over ‘Lewek Connector’ charter

Offshore services firm EMAS AMC has asked for a standstill of its bareboat charter of the Lewek Connector ultra deepwater multipurpose, flex-lay subsea construction vessel. According to Ocean Yield, the owner of the vessel, EMAS AMC has requested a short-term standstill for the months of December 20

about 9 years ago
K2 Management Nets South Korean Offshore Wind Gig
News

K2 Management Nets South Korean Offshore Wind Gig

K2 Management has been awarded a contract for a feasibility study for an offshore wind farm in South Korea. The company said that, on its client’s request, it will not disclose any project-related information. K2 Management will partner up with a local engineering company for the development of wind

about 9 years ago
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