PA Resources, a struggling Swedish oil company, has divested some more of its assets. This time in Tunisia. The company on Monday said it executed a sale and purchase agreement to sell its entire Tunisian asset portfolio, both onshore and offshore, to ETAP, the Tunisian national oil company, PA Reso
Vard, a Norwegian company building vessels for the offshore oil and gas industry, is evaluating its options following last week’s news on Harkand entering into administration. To remind, Harkand Group, a provider of subsea capabilities and services to the energy industry, last week entered into admi
DONG Energy has exercised an option for a second Service Operation Vessel (SOV) at Østensjø Rederi, which once built will transfer turbine technicians to the 1.2GW Hornsea Project One wind farm. The 81-metre long vessel will be delivered in the third quarter of 2018. She is a sister vessel to the SO
Exploration and production company Kosmos Energy has made a significant gas discovery at its Teranga-1 exploration well offshore Senegal. The Teranga-1 well was drilled to a total depth of 4,485 meters. The well, located in the Cayar Offshore Profond block approximately 65 kilometers northwest of Da
The crewless tanker that washed ashore near Robertsport, northern Liberia coast last week, the Tamaya 1, does not belong to Panama’s register of ships any more, Panama Maritime Authority (AMP) said in a statement. According to the AMP’s director general Fernando Solorzano, the ship’s registration fr
Hyundai Heavy Industries, one of South Korea’s largest offshore rig builders, is planning “intense” management reform plans, including the voluntary retirement of manager level employees in a move to enhance its competitiveness. In a statement on Monday, an HHI officer said, “Along with the 25 perce
The Piraeus Container Terminal has been blocked for three days amid an ongoing general strike launched by Greek unions on Friday, including the Pan-Hellenic Seamen’s Federation. What is more, all passenger traffic to and from all Greek ports, including the islands, has been suspended. The strike is
Novatek-operated Yamal LNG project has passed the 50 percent overall completion mark, according to Mark Gyetvay, deputy chairman of Novatek’s management board and CFO.
Statoil has been awarded a grant from Enova to test the condition monitoring capabilities of the Kongsberg EmPower system for the floating wind turbine Hywind Demo. Statoil will monitor the condition of the turbine using the EmPower system, and evaluate its functionality to discover early signs of f
Statoil has been awarded a grant from Enova to test the condition monitoring capabilities of the Kongsberg EmPower system for the floating wind turbine Hywind Demo. Statoil will monitor the condition of the turbine using the EmPower system, and evaluate its functionality to discover early signs of f
Malaysia’s Icon Offshore has won a deal to provide two offshore vessels in support of ExxonMobil’s operations in Malaysia. According to a Bursa Malaysia filing on Friday, Icon will supply two straight supply vessels for offshore production platforms “and other requirements,” to ExxonMobil Exploratio
DeepOcean 1 UK Ltd., a subsidiary of DeepOcean Group Holding BV (DeepOcean), has ordered a mechanical cutting boom and associated cable handling system for its tracked trenching vehicle the T3200 from subsea equipment manufacturer SMD. The T3200 offers 3200 horse power of effective trenching power a
Inpex-operated $37 billion Ichthys LNG project reached a milestone as the final liquefaction train two module moved into place during April.
CLP Power Hong Kong on Saturday informed it is taking forward the development work to build an offshore LNG terminal in Hong Kong waters.
