Oil production from the Eni-operated Goliat field in the Barents Sea has yet to resume, following the power outage and production shutdown on Friday. The Norwegian offshore safety watchdog Petroleum Safety Authority Norway (PSA Norway) said it was aware the production was shut down, and that Eni was
Singapore’s offshore rig builder Sembcorp Marine, also known as Sembmarine, has completed the acquisition of the remaining 15% equity stake in PPL Shipyard (PPLS). As reported last Wednesday, Sembmarine had reached a deal with PPL Holdings Pte Ltd (PPLH) and E-Interface Holdings Limited (EIHL) to ac
Atlantic Offshore’s contract for the multipurpose anchor handling, tug, supply (AHTS) vessel, the Ocean King, with Norwegian oil major Statoil has expired. Atlantic said on Monday that the vessel has been laid up as of August 26. This marks the end of a cooperation lasting a full three decades betwe
On August 26, California Governor Jerry Brown signed into law a bill to block state funds for any new project that would allow coal to be shipped or exported through this US state, effective January 1, 2017. Senate Bill 1279 will bar the California Transportation Commission from allocating state fun
Gate LNG terminal, with its shareholders Gasunie and Vopak, on Monday, opened the new LNG break bulk infrastructure located at the terminal site in Maasvlakte in Port of Rotterdam.
Norway’s GC Rieber Shipping has entered into a charter agreement for seismic acquisition and seismic QC services, with Russia’s Sovcomflot subsidiary OOO SCF Geo. The job will utilize the 22-streamer ice-classed vessel Polar Empress. The job is estimated to take about two months and the mobilization
Singapore’s troubled offshore services company Swiber Holdings has seen a total sum of claims against it reach almost $200 million. Offshore Energy Today reported earlier that Swiber had applied to wind up the company following demands from creditors, and requested to be placed under provisional liq
By Martin Bloem CEO at Marstrat Increasing complexity and shrinking margins are forcing the maritime industry to focus on cost awareness. But with the fuel prices at an all-time low, it has become increasingly hard to save expenses in this area. In order to continue realizing cost reductions, the in
Gasum of Finland on Monday opened the first LNG filling station for heavy-duty vehicles at Helsinki’s Vuosaari Harbor.
Nova Innovation, which is developing the Shetland Tidal Array project together with Belgian renewable energy company ELSA, has installed and connected the second tidal turbine at the project site, with both turbines now producing power.
The Norwegian government has invited oil companies to nominate blocks for the 24th licencing round on the licensing continental shelf. The numbered licensing rounds cover frontier areas opened for petroleum activities, with the greatest potential for large discoveries. “The petroleum industry will b
Oil giants BP and Shell have evacuated non-essential personnel from some of their Gulf of Mexico facilities ahead of the tropical depression forming in the Caribbean Sea. In a statement late on Friday, BP said it was closely monitoring the Caribbean Sea disturbance to “ensure the safety of our perso
The price tag for developing a field on the Norwegian shelf has declined by an average of more than 40 per cent since the autumn of 2014, according to the Norwegian Petroleum Directorate’s analysis of eight planned developments that are approaching start-up. The decline is a result of a combination
Norwegian oil giant Statoil has managed to drive down the cost of development of its giant Johan Sverdrup field in the Norwegian Sector of the North Sea. “Since the plan for development and operation (PDO) of the Johan Sverdrup field was approved by Norwegian authorities, Statoil has cooperated with
