China has topped the European Union’s list of countries of import taking 20% share of the bloc’s all imports from outside the EU in 2015, data from European statistics agency Eurostat shows. The United States followed in the second place with 14% share and Russia in the third spot with 8%. During th
Positive news for Zidanes these days. While Zinedine Zidane, one of the world’s best football players in history and the current manager of Real Madrid, is still enjoying his team’s Saturday’s victory over their arch rivals Barcelona, another Zidane, in Norway, is getting ready for a fresh start. Na
Fugro has completed offshore works undertaken in preparation for full construction of the European Offshore Wind Deployment Centre (EOWDC) off Aberdeen, Scotland. Fugro started the geotechnical site investigation to assess the seabed at 11 turbine locations in early March. The data acquired will be
Hibernia Management and Development Company (HMDC) has reported a high potential near miss on the Hibernia platform offshore Canada. The shareholders of HMDC are: ExxonMobil Canada (33.125%), Chevron Canada Resources (26.875%), Suncor (20%), Canada Hibernia Holding Corporation (8.5%), Murphy Oil (6.
Sabine Pass LNG’s second commissioning cargo that left the facility on March 15 aboard the 162,000 cbm Clean Ocean LNG carrier is reportedly set to unload in India at the Dabhol LNG terminal.
China’s Cosco, a company building drilling rigs and ships, has, as almost all of its peers, been impacted by sliding oil prices and slowing global economic growth in 2015. In a message to shareholders, reviewing the company’s performance in 2015, Chairman Wang Yu Hang said overcapacity and unceasing
Erin Energy, an independent oil and gas exploration and production company, has obtained a waiver to the funding requirements of the debt service reserve account associated with the Zenith Bank Note until December 31, 2016. The company was also granted a 90-day deferment of the principal payment pre
Dutch SeaZip Offshore Services has expanded its fleet with two Damen Fast Crew Suppliers (FCS) 2610, named SeaZip 5 and SeaZip 6, respectively. The offshore service provider now has six Damen FCS 2610 vessels in its fleet. “Once again, it’s a great pleasure to work with SeaZip Offshore Services,” st
India’s Dabhol LNG import terminal has more than doubled the number of LNG cargoes it received during the fiscal year that ended in March, as compared to the same period a year ago.
Perth-based LNG limited on Monday informed it has named Gregory M. Vesey, formerly of Chevron, as its new managing director and CEO based in Houston, Texas, effective April 4, 2016.
Byron Energy has started drilling the SM 71 #1 well, located in South Marsh Island Block 71, in the U.S. Gulf of Mexico. The company is using the Hercules 205 jack-up drilling rig for the operation. The rig spudded the well April 3 2016, and the well is now drilling ahead at 671 feet measured depth.
Backlogs for subsea equipment manufacturers have been historically high in recent years – following record levels of subsea tree orders posted in 2013-2014, writes Douglas Westwood in its DW Monday report. The process of working through these backlogs has thus-far cushioned the market against the de
Oil and gas industry service provider, Schlumberger on Friday informed its closed the merger with Cameron.
Danish oil and gas company Maersk Oil will shut down production from Tyra East and Tyra West facilities in the Danish North Sea on October 1, 2018, if an economically viable solution for continued operations is not identified during 2016. The Tyra facilities are approaching the end of their operatio
