Norway’s offshore safety watchdog, the Petroleum Safety Authority (PSA), has identified several improvement points during its audit of the Johan Sverdrup export pipelines, offshore Norway. The PSA said the audit was conducted on April 18 and 19 with the goal of establishing if Statoil has been carry
Spanish oil company Repsol bought the Canadian energy company Talisman in 2015 for $8.3 billion, plus assumed debt of $4.7 billion. Given that Talisman had offshore oil and gas assets in Norway, the Norwegian authorities have performed an audit of the integration process between Spanish oil giant’s
The Houston Pilots Association is taking a stand against the results of a collision study released by the National Transportation Safety Board (NTSB) which noted that the pilot’s difficulty of controlling the bulk carrier Conti Peridot was the probable cause of a collision in the Houston Ship Channe
Bristow Helicopters (Nigeria) has announced a new helicopter rescue and recovery (RRS) service for Nigeria’s oil and gas industry. Bristow said on Tuesday that the new service, expected to launch in August 2016, will provide life-saving assistance, currently not available in the country’s aviation l
Private equity (PE) firms are preparing to deploy capital into the global oil and gas sector with 25% planning acquisitions before the end of the year and 43% by the first half of 2017, according to an EY global survey of 100 PE firms active in the sector. With US$971.4b of PE dry powder from June [
Russia’s state-controlled gas giant Gazprom could gain control over some of the assets that Shell acquired earlier this year from BG group, a senior Gazprom executive said in an interview.
Russia’s state-controlled gas giant Gazprom could gain control over some of the assets that Shell acquired earlier this year from BG group, a senior Gazprom executive said in an interview.
BW Offshore, an Oslo-listed provider of floating production vessels for the offshore oil and gas industry, has obtained support from banks for its long term financing plan. The company on Tuesday said it had received approvals from all of its lending banks to implement the plan introduced in May. To
The Panama Canal Authority (ACP) conducted another trial transit in the Expanded Canal on June 20, with a US-built crane ship Oceanus traversing the Pacific-facing Cocoli Locks. The inauguration of the Expanded Panama Canal will take place on Sunday, June 26. The first vessel to cross the Expanded P
There are signals that the global 0.5 percent sulfur cap for marine fuels could enter into force by 2020, according to the International Bunker Industry Association (IBIA). The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) is expected to decide on the tim
RenewableUK’s event dedicated to the offshore wind industry opened its door this morning. The Global Offshore Wind 2016 exhibition and conference is being held on Tuesday and Wednesday in Manchester. Offshore WIND, located at stand 169, is exhibiting alongside companies such as Siemens, MHI Vestas,
Australian exports of liquefied natural gas are likely to continue to grow over the next few years despite weak prices of the chilled fuel, according to Alexandra Heath, head of economic analysis at the Reserve Bank of Australia (RBA).
Vroon’s new DP2 subsea-support walk-to-work (W2W) vessel, VOS Stone, was launched last weekend at Fujian Southeast Shipbuilding Co. Ltd. in China. VOS Stone, as well as her sister vessel VOS Start, can carry a total of 87 persons, offering accommodation and work space for up to 60 personnel. The ves
Vroon’s new DP2 subsea-support walk-to-work (W2W) vessel, VOS Stone, was launched last weekend at Fujian Southeast Shipbuilding Co. Ltd. in China. VOS Stone, as well as her sister vessel VOS Start, can carry a total of 87 persons, offering accommodation and work space for up to 60 personnel. The ves
