Danish oil firm Maersk Oil on Thursday outlined plans to review the scope and scale of its headquarters organization over the next three months. The to-be CEO Gretchen Watkins said the changes could be unsettling for the employees. The move is a response to the recent outcome of the Maersk Group’s s
The Charleston Harbor Deepening Project has moved closer to securing the authorization necessary to begin construction as the US House of Representatives passed H.5303 the Water Resources Development Act (WRDA) of 2016 on September 28 this year. The Charleston Harbor Deepening Project was formally r
The Canadian government has asked for public input related to the ExxonMobil’s proposed offshore drilling project located 250 kilometers east of St. John’s, in the Atlantic Ocean. The Canadian Environmental Assessment Agency is determining whether an environmental assessment is required for the desi
Mozambique’s minister of mineral resources and energy Pedro Conceição Couto has been exonerated by presidential order.
Following news earlier this week that the recently grounded Transocean Winner rig was waiting on weather to continue sail away preparations, work has begun to move the rig aboard the semi-submersible vessel Hawk. In an update on Thursday, the UK’s Maritime and Coastguard Agency (MCA) said work had s
A conflict between the Norwegian union Industri Energi and the employers’ organization the Norwegian Oil and Gas Association will result in ten out of service rigs during the week and more than 1,700 employees laid off, the Norwegian Shipowners’ Association (NSA) has said. The oil service workers’ s
The Montoir de Bretagne LNG terminal on the French Atlantic coast has been automatically shut down on Wednesday due to a defect controller.
The $10 billion Angola LNG project, led by U.S. energy giant Chevron, has resumed LNG production following a planned two-month shutdown. “I can confirm that Angola LNG has resumed production and sales of LNG from its plant in Soyo,” an Angola LNG spokeswoman told LNG World News on Thursday. The 5.2
The Norwegian offshore safety authority has completed an investigation of a crude oil spill from Statfjord field’s OLS B loading buoy in the Norwegian section of the North Sea on October 8, 2015. According to the Petroleum Safety Authority Norway, the investigation has revealed nonconformities from
Alaska’s governor Bill Walker discussed potential offtake, investment and partnership opportunities in Alaska’s LNG project, with South Korean government and company officials, during his recent visit to the Asian country.
Elengy, the operator of three French LNG terminals said it has reviewed its LNG truck loading contract, allowing more flexibility and access to its loading stations at Montoir de Bretagne and Fos Tonkin LNG terminals.
Organization of Petroleum Exporting Countries (OPEC) on Wednesday agreed to reduce oil production, aiming to stabilize oil prices. According to Reuters, this is the first such deal in eight years. The agreement in principle was reached in Algeria, where the OPEC oil ministers agreed to keep the prod
The UK’s first Masters degree in decommissioning oil rigs and platforms has been launched by the University of Aberdeen in partnership with Robert Gordon University (RGU). Both universities are developing a suite of joint Masters degrees, and the new program – thought to be the first of its kind in
Fluxys Belgium, the operator of the Zeebrugge LNG terminal, on Wednesday said its net profit for the first half of 2016 reached €19.7 million, down from €26.9 million in the same period in 2015.