The Norwegian Petroleum Directorate’s updated estimate for undiscovered resources shows that the total remaining resources on the Norwegian shelf can provide a basis for oil and gas production for decades to come. NPD, a government agency whose task is to manage the oil and gas resources on the Norw
Liberia has strengthened its position as the leading open registry of choice for Greek shipowners, according to the figures released by the Greek Shipping Co-operation Committee (GSCC). The GSCC statistics show that in the year ended with March 2016 the gross tonnage of Greek-controlled ships in the
McDermott, a U.S.-based offshore engineering and construction company, is set to take delivery of a high-specification deepwater derrick lay vessel from Singapore’s Keppel. The derrick lay vessel, which is built to Keppel’s proprietary design, was named DLV 2000 during a ceremony held on Thursday. T
Bibby Offshore AS, a Norwegian subsidiary of UK’s Bibby Offshore, has secured its first contract in the region. Managed from Bibby Offshore’s Stavanger office, the workscope involves project management, installation engineering, procurement and subsea installation works, related to maintenance activ
Keppel Singmarine, Keppel O&M’s unit, on Thursday said the DLV 2000, deepwater derrick lay vessel will soon be delivered to McDermott’s unit Hydro Marine Services.
One worker was injured in Hyundai Heavy Industries’ yard in Ulsan, South Korea while working on a project for the Norwegian oil company Statoil. In an e-mail to Offshore Energy Today, Statoil’s spokesperson said the worker was injured in the leg while working on the Aasta Hansteen hull for Statoil’s
Nigeria LNG, operator of the giant Bonny export plant, posted a 36.6% drop in its revenue in 2015 due to declining oil and gas prices. Low crude prices, that fell more than 70% from 2014, hit NLNG’s revenue as most of the company’s contracts are indexed to oil. NLNG earned US$6.84 billion in 2015, a
Australian Competition and Consumer Commission on Thursday granted a five-year permission to LNG projects on Curtis Island near Gladstone to discuss their maintenance schedules, maintenance providers, and maintenance techniques.
Wärtsilä of Finland revealed in a statement on Wednesday that John Hatley, Vice President, Wärtsilä Marine Solutions in America, has been named to the board of directors of the Society for Gas as a Marine Fuel (SGMF).
By Ron Bousso and Karolin Schaps LONDON (Reuters) – BP shareholders voted on Thursday to oppose Chief Executive Bob Dudley $20 million pay package for 2015, the rare revolt reflecting outrage after the British oil and gas company recorded its biggest annual loss. Some 59.11 percent of shareholders v
India and the Republic of Korea have signed a Memorandum of Understanding (MoU) for cooperation and mutual assistance in the development of ports, ahead of the Maritime India Summit to be held from 14 to 16 April being held in Mumbai. The signing of the MoU is expected to help both countries encoura
Norwegian geophysical services company Electromagnetic Geoservices (EMGS) will reduce its global headcount by 15 percent in an effort to cut costs in line with the level of expected activity. The geophysical company said on Thursday it would implement several structural changes to the organisation,
Keppel Offshore & Marine (Keppel O&M) will soon deliver a deepwater derrick lay vessel to McDermott International. The derrick lay vessel, which is built to Keppel’s proprietary design, was named DLV 2000 on April 14, 2016. The first project the vessel will be deployed for is the INPEX Ichthys LNG p
Incat Crowther has announced the delivery of Najla McCall, the second vessel in SEACOR Marine’s Express Plus class of Fast Support Vessels (FSV). Najla McCall is a sister ship to the Alya McCall, launched in November last year. According to Incat Crowther, the Najla McCall has seating capacity for 1
