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News

Tender launched for UK gov’t funded seismic surveys
News

Tender launched for UK gov’t funded seismic surveys

The UK Oil and Gas Authority has released the Invitation To Tender (ITT) for the 2016-2017 UK Government funded seismic acquisition and processing program. According to OGA, the successful recipient of the contract will be required to survey areas over South West Britain including the Celtic Sea, We

about 10 years ago
Oil Search: PNG LNG hits record quarterly production, 28 LNG cargoes sold
News

Oil Search: PNG LNG hits record quarterly production, 28 LNG cargoes sold

ExxonMobil-operated US$19 billion PNG LNG project achieved the highest quarterly production since the start of operations, reaching an annualised rate of approximately 8 mtpa in the first quarter 2016.

about 10 years ago
Scaldis Names Heavy Lifter
News

Scaldis Names Heavy Lifter

Antwerp-based Scaldis Salvage & Marine Contractors N.V. has chosen the name of Gulliver for its heavy lift, DP2 vessel currently under construction in China. Gulliver, formerly known as RAMBIZ 4000 due to its lifting capacity, got its name following the keel laying ceremony held at the Hong Qiang sh

about 10 years ago
Friesland OWF Put into Perspective
News

Friesland OWF Put into Perspective

The developers of the Friesland offshore wind farm have created an informative map with photo visualisations of the planned project, so local residents and other interested parties could have a panoramic image of the future wind farm in IJsselmeer. The photo visualisations can be viewed on a mobile

about 10 years ago
WFW, Stephenson Harwood advise on BW Singapore FSRU financing
News

WFW, Stephenson Harwood advise on BW Singapore FSRU financing

Watson Farley & Williams and Stephenson Harwood law firms advised on an export credit agency backed US$216 million post-delivery financing of the BW Singapore FSRU deployed in Egypt.

about 10 years ago
Sequa Petroleum ditches Gina Krog and Ivar Aasen plans
News

Sequa Petroleum ditches Gina Krog and Ivar Aasen plans

Sequa Petroleum has decided not to progress with the acquisition of interests in the Gina Krog and Ivar Aasen fields, both located in the North Sea. Sequa Petroleum, an oil and gas company registered in the Netherlands, said on Tuesday the decision was made due to current market conditions. The comp

about 10 years ago
Enagas Q1 net profit slightly up
News

Enagas Q1 net profit slightly up

Spanish LNG terminal operator Enagás posted a net profit of 101 million euros (US$114.5 million) in the first quarter of this year, up 0.5 percent as compared to the same period a year ago. This increase was mainly due to the contribution of stakes acquired in 2015, Enagás said in its report on Tues

about 10 years ago
MOL’s Hong Kong LNG carrier unit starts work
News

MOL’s Hong Kong LNG carrier unit starts work

Mitsui O.S.K. Lines (MOL) on Tuesday said its newly established LNG carrier management company, MOL LNG Transport (Asia) started operations on Monday, April 18.

about 10 years ago
Update: Oregon LNG terminates its export project
News

Update: Oregon LNG terminates its export project

Oregon LNG late Monday confirmed media reports that it is “ceasing operations immediately” at its liquefied natural gas export project in Warrenton, Oregon, at the mouth of the Columbia River.

about 10 years ago
Another charter termination for Havila in Brazil
News

Another charter termination for Havila in Brazil

Brazilian oil company Petrobras has terminated yet another offshore supply vessel contract. This time for Havila Shipping’s Havila Fortress supply vessel. According to the Norwegian shipowner, the contract was blocked by local tonnage and the Certificate needed for operation in Brazil was not renewe

about 10 years ago
Chevron seeks buyers for Myanmar gas assets worth $1.3 billion – sources
News

Chevron seeks buyers for Myanmar gas assets worth $1.3 billion – sources

By Denny Thomas and Anshuman Daga HONG KONG/SINGAPORE (Reuters) – U.S. oil and gas major Chevron Corp has put its Myanmar gas block stakes worth an estimated $1.3 billion up for sale, banking sources familiar with the matter said, in what would mark the biggest M&A transaction involving the country’

about 10 years ago
Norway’s energy minister officially opens Eni’s Goliat (Gallery)
News

Norway’s energy minister officially opens Eni’s Goliat (Gallery)

Eni’s Goliat field, located in the Barents Sea offshore Norway, was officially inaugurated by Norway’s Minister of Petroleum and Energy, Tord Lien, on Monday, April 18, 2016. Although first oil was initially planned for 2013, the Italian oil company, Eni, started production from the Goliat field in

about 10 years ago
Repsol hits oil at Gavea A1 well offshore Brazil
News

Repsol hits oil at Gavea A1 well offshore Brazil

Repsol Sinopec has encountered oil in its fourth probe in the BM-C-33 licence in the Campos basin, offshore Brazil. The company, together with Statoil and Petrobras, completed the the Gavea A1 well appraisal well in the ultra-deep pre-salt block BM-C-33 discovery. According to Statoil, Gavea A1 enco

about 10 years ago
Boaty McBoatface Wins Public Vote for UK’s New Research Ship
News

Boaty McBoatface Wins Public Vote for UK’s New Research Ship

NERC (Natural Environment Research Council) has closed the online poll which was launched to allow public to name UK’s new polar research ship. The “Name Our Ship” online poll ended with about 7000 suggestions. On the official poll website, which drew a lot of public attention after a few funny prop

about 10 years ago
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