The Los Angeles Harbor has been hit with a second oil spill in less than a month following the one involving MOL’s car carrier Istra Ace in early March. Namely, the United States Coast Guard (USCG) received on Thursday morning a report on an unknown quantity of oily-water mixture coming from a holdi
Malaysia has opened an area of its offshore waters to the multi-client seismic model for the first time, TGS, a Norwegian seismic company said on Friday. According to TGS, the move is a result of a new initiative by Petronas to stimulate offshore E&P investment activity. “A consortium comprising of
Austrian oil and gas company OMV and Russian Gazprom have signed several agreements that will enable them to develop strategic cooperation between the two companies. Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, on Friday signe
Mitsui & Co. of Japan said it plans to liquidate its unit, Mitsui & Co. LNG Investment Limited (MITLI), following the transfer of its holdings in LNG projects to Mitsui.
Dutch shipbuilder Damen on Thursday laid the keel for the Bibby WaveMaster 1 at its yard in Galati, Romania. Ordered by Bibby Marine Services in January 2016, the Bibby WaveMaster is the first Damen service operations vessel. Continuing on from the first steel cutting in February, the initial stages
Texas LNG on Thursday informed it has filed an application with the U.S. Federal Energy Regulatory Commission seeking permission to site, build and operate a 4 mtpa LNG export facility in Brownsville, Texas.
Australian LNG player Santos revealed on Friday it has appointed a new executive team, called Excom, as the company is transitioning to a new operating model in a low oil price environment. The new executive team will report to Kevin Gallagher, who started as new managing director and CEO of Santos
OLT Offshore LNG Toscana on Thursday informed that it has started the auction for the regasification and storage bundled service for the year 2016/2017.
Danish oil company Maersk Oil will let go around a 100 workers as it has announced plans to reduce its organisations in Angola and the US, citing continued challenging market conditions for deepwater developments. The move will result in the closure of the company’s Houston office and a reduction of
The Underwater Centre has added new modules to its commercial air diving courses. The ‘Premium’ and ‘Construction’ diver training packages will now include commercial enriched air nitrox course, MJI 21 hydraulically tensioned subsea bolted connections course, IMCA diver medic training (DMT) and IMCA
ORE Catapult delivered the second Cost Reduction Monitoring Framework (CRMF) to the UK Offshore Wind Programme Board this month. According to the report, offshore wind costs are falling fast with 12 of 13 cost indicators on or ahead of target. The industry is confident of driving costs below £100/MW
Norwegian Minister of Petroleum and Energy, Tord Lien, has cut the first steel plate for the Johan Sverdrup utility and living quarters (ULQ) topside. The Johan Sverdrup platform will be located on the Statoil-operated Johan Sverdrup field, offshore Norway. Lien cut the first steel plate together wi
As we see a rise in renewables, we also see a rise in the technological options within renewable energy. One of these is Ocean Thermal Energy Conversion (OTEC) which uses the natural temperature difference in tropical oceans between the surface water and deep water to generate power. The technology,
Bahrain’s Nogaholding reportedly agreed a five-year US$570 million Islamic financing facility for oil and gas projects in the country.
