A wages deal between the trade union for personnel working in the Norwegian energy sector, SAFE, and the employers, has been reached in the early hours on Friday, avoiding a strike of some 338 workers.
Dutch company SBM Offshore, supplying offshore oil production facilities, has yet to resolve its situation in Brazil, after its agreement to settle allegations linking it to a bribery case there, have been rejected by the country’s prosecutors. Namely, Brazilian prosecutors on Thursday upheld the pr
Major seaports in Georgia and South Carolina will shut down their operations in the following few days ahead of the expected arrival of Hurricane Matthew. The Georgia Ports Authority (GPA) has closed the terminals at the Port of Brunswick until October 10, 2016. Port of Savannah terminals will be cl
Australia’s LNG export volumes are expected to increase by 40 percent year on year to 51 million tonnes in fiscal 2016–17, according to the country’s Department of Industry, Innovation and Science. An additional 15 million tonnes of LNG export capacity is expected to be completed by mid- 2017, bring
Cluff Natural Resources has given up on a deal with Verus Petroleum for a North Sea license after the UK petroleum regulator decided not to grant an extension of the initial term beyond the end of the year. In March 2016, Cluff signed heads of terms agreement with Verus Petroleum in relation to the
A strike has been avoided in several plants in Norway following mediation on oil agreement between the Norwegian Union of Energy Workers (Safe) and the Norwegian Oil and Gas Association, an employers’ organization. To remind, the union refused to accept the negotiated result for the oil agreement, w
Statoil Wind US has emerged as a new company interested in the development of offshore wind energy off Oahu, Hawaii. The company submitted an expression of interest for the entire lease area off Oahu during the Call for Information and Nominations period. The lease area identified for wind energy de
The last three months have been some of the worst the multipurpose and project carrier sector has endured as the breakbulk and project cargo sector remained weak, with little suggestion that volumes will improve significantly until the end of 2017, according to shipping consultancy Drewry. Rates hav
The environmentalists are fuming following an announcement by Karoon Gas Australia on Friday, that the company had won an exploration permit in the Great Australian Bight, offshore South Australia. Greenpeace Australia Pacific has deemed the decision by the Australian authorities a ‘mockery of cruci
The threat to 600 manufacturing jobs at OneSubsea, the Leeds oil and gas engineering firm, reinforces the need for a strong industrial strategy to protect such skilled jobs, UK’s biggest trade union Unite has said. Unite said the news that the Houston-based multinational wanted to shed 600 of its 90
Reganosa’s facility in Mugardos on Wednesday hosted a meeting of Gas LNG Europe (GLE) the European business organization, analyzing the future of the liquefied natural gas sector.
By Karolin Schaps and Susanna Twidale LONDON (Reuters) – Britain’s government approved its second-ever shale gas fracking permit on Thursday, overruling a local authority decision and boosting the country’s position as Europe’s most promising shale gas exploration ground. Britain’s Secretary of Stat
Karoon Gas Australia Ltd has been awarded an exploration permit in the Great Australian Bight, offshore South Australia. The exploration permit EPP46 covers 17,793 square kilometers of the Ceduna Sub‐Basin, in the Great Australian Bight (‘GAB’), described by Karoon as “Australia’s most active and pr
During Offshore Energy Exhibition & Conference, to be held in Amsterdam in October, there are many moments for young professionals. These you cannot miss. Master classes with Van Oord and Airborne This year OEEC offers two master classes for young professionals and students, one with Koos van Oord,
