Subsea World News has put together a recap of the most interesting articles from the previous week (November 20– November 27). Subsea contractor DeepOcean has a new majority owner in the company. Funds advised by a private equity investment firm, Triton, will become the largest shareholder and shoul
Read the most popular news from the offshore energy sector.
ExxonMobil joins Caledonia LNG project U.S.-based energy giant ExxonMobil, signed an agreement with Babcock International Group, Bernhard Schulte Shipmanagement, Calor and Orkney Islands Council to collaborate in the Caledonia LNG project. Trump to boost US shale gas industry US president-elect Dona
Trump to UK Politicians: “Move Scottish Wind Farms Offshore” The US President-Elect Donald Trump has reportedly advised UK politician Nigel Farage and his team, with whom Trump met on 13 November, to campaign against onshore wind farms in Scotland, suggesting that they should be moved offshore. Dutc
Trump to UK Politicians: “Move Scottish Wind Farms Offshore” The US President-Elect Donald Trump has reportedly advised UK politician Nigel Farage and his team, with whom Trump met on 13 November, to campaign against onshore wind farms in Scotland, suggesting that they should be moved offshore. Dutc
British oil and gas company BP has acquired a share in the giant Zohr gas discovery offshore Egypt from Eni, an oil and gas company based in Italy. BP on Friday said the acquisition of a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, would cost
By BVA-Nautic The multi-purpose seagoing motor cargo vessel named “Flinterbirka” will be auctioned online by BVA-Nautic.com, Europe’s largest online auctioneer to auction boats, ships and (seagoing) vessels. The forced auctions will be held by order of the lender. The auctions will be held online, t
Yamal LNG operator, Novatek is looking to Japan as it looks to secure additional funds for its Arctic LNG project.
Offshore vessel operator Siem Offshore took delivery of its newbuild platform supply vessel (PSV) Siem Thiima on Thursday, November 24. The PSV was delivered from Remontowa Shipbuilding in Gdansk, Poland. According to the company, the vessel is preparing for a long journey to Port Dampier in Western
Norwegian oil company Statoil has reportedly shut down production from the Heimdal field following a fire alarm on the platform offshore Norway. According to a report by Aftenblad, a Norwegian news website, the alarm went off early on Friday morning but the situation was quickly resolved as there wa
Norwegian offshore vessel operator Havila Shipping is facing bankruptcy unless its bondholders vote for a restructuring plan with a deadline set for Monday, November 28. The company’s bondholders on Wednesday did not support the proposal for restructuring of the company suggested on November 9. The
Ithaca Energy notified that the production start-up from the Stella field in the UK North Sea has been delayed due to faults discovered on electrical junction boxes on FPF-1 vessel’s processing facilities. The faults were discovered during the routine inspections, and a programme of necessary repair
DNV GL-led WIN WIN joint industry project (JIP) results indicate that, especially for marginal oil & gas fields supplying production to a major field, floating wind-powered water injection is technically feasible in general. This specific application is claimed to offer an excellent business case to
DNV GL-led WIN WIN joint industry project (JIP) results indicate that, especially for marginal oil & gas fields supplying production to a major field, floating wind-powered water injection is technically feasible in general. This specific application is claimed to offer an excellent business case to
