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News

Viking Supply Ships’ AHTS first vessel to comply with IMO Polar Code
News

Viking Supply Ships’ AHTS first vessel to comply with IMO Polar Code

DNV GL has surveyed and, together with the Danish Maritime Authority, confirmed that the AHTS Magne Viking, owned by Viking Supply Ships, is in compliance with the new International Maritime Organization (IMO) Polar Code. The goal of the Polar Code, expected to enter into force on January 1, 2017, i

about 10 years ago
Cheniere to file for Corpus Christi expansion in March
News

Cheniere to file for Corpus Christi expansion in March

Cheniere Energy revealed it plans to submit a formal application for the Corpus Christi LNG Stage 3 expansion with the United States Federal Energy Regulatory Commission.

about 10 years ago
Australia’s Santos suffers A$2.7 billion loss
News

Australia’s Santos suffers A$2.7 billion loss

Australia’s Santos, operator of the GLNG project, reported on Friday a net loss of A$2.7 billion ($1.93 billion) for 2015, after booking A$2.8 billion in impairment charges. The impairment charges are primarily a reflection of the current low oil price environment and relate to the company’s Cooper

about 10 years ago
SapuraKencana: Fourth PLSV starts Petrobras gig in Brazil
News

SapuraKencana: Fourth PLSV starts Petrobras gig in Brazil

SapuraKencana’s fourth pipelaying support vessel (PLSV) Sapura Jade has started working with Petrobras in Brazil. SapuraKencana’s first PLSV, Sapura Diamante, entered the market on June 28, 2014. SapuraKencana’s offshore operations are being executed in Brazil for Petrobras by its Brazilian joint ve

about 10 years ago
ACCC proposing coordinated LNG facilities maintenance
News

ACCC proposing coordinated LNG facilities maintenance

The ACCC said in a statement on Thursday it has granted a conditional interim authorisation to the Australia Pacific LNG, GLNG and QCLNG facilities to discuss their plans for maintenance at each facility in the second half of 2016.

about 10 years ago
Wood Group to slash contractor rates in UK
News

Wood Group to slash contractor rates in UK

Wood Group PSN (WGPSN) on Friday announced plans to reduce the rates paid to approximately a third of its UK-based limited company contractors by an average of 9 per cent, in line with competitive market rates. According to the company, the decision was made in response to continuing cost and effici

about 10 years ago
Norway: Oil production in January beats NPD prognosis
News

Norway: Oil production in January beats NPD prognosis

The Norwegian Petroleum Directorate, a government agency whose task is to manage the oil and gas resources on the Norwegian Continental Shelf, informed on Friday that oil production in Norway in January 2016 was above the agency’s prognosis for the month. According to the agency, preliminary product

about 10 years ago
Romgaz, Lukoil to abandon Black Sea block
News

Romgaz, Lukoil to abandon Black Sea block

Romania’s natural gas company Romgaz announced on Wednesday that, together with its partners, it intends to abandon the EX29 Est Rapsodia Block in the Black Sea, offshore Romania. Romgaz’s partners are Lukoil Overseas, with 72%, and PanAtlantic Petroleum with 18% interest. The remaining 10% is held

about 10 years ago
19 Evacuated as Ship Bursts into Flames
News

19 Evacuated as Ship Bursts into Flames

The entire crew of 19 people was evacuated after their ship, the 2006-built general cargo vessel Lintas Belawan, caught fire on Thursday off Masalembu Islands in Indonesia, according to the Indonesian National Search and Rescue Agency. The fire broke out in the engine room and spread throughout the

about 10 years ago
Talisman Sinopec’s North Sea platform gets power back
News

Talisman Sinopec’s North Sea platform gets power back

Talisman Sinopec Energy UK has restored power on the Clyde platform, in the UK North Sea, after an outage earlier this week spurred evacuation of over a hundred offshore workers. Before the evacuation on Tuesday, the platform had 178 people on board, after which 75 workers remained on board. In an e

about 10 years ago
Concordia Wreck Stripped Bare
News

Concordia Wreck Stripped Bare

The dismantling project of the ill-fated Concordia wreck and the related recycling operations are quickly progressing, according to the Ship Recycling Consortium, which expects the ship’s deck 0 to re-emerge soon. About 200 technicians are now working on the wreck and cutting decks – from 5 to 3 – w

about 10 years ago
Statoil scraps Snorre 2040 platform plans. Opts for subsea solution
News

Statoil scraps Snorre 2040 platform plans. Opts for subsea solution

Norwegian oil giant Statoil has dropped its previous platform solution plans for the Snorre 2040 development, in the Norwegian North Sea, deciding in favor of a subsea solution as a possible development concept. According to its statement, Statoil and its partners have been working on the Snorre 204

about 10 years ago
McDermott to name new derrick lay vessel in April
News

McDermott to name new derrick lay vessel in April

Houston-based engineering, procurement, construction and installation company McDermott informed on Thursday that the naming ceremony for its new flagship derrick lay vessel, the DLV 2000, would be held at Keppel’s Singmarine Shipyard in Singapore, on April 14, 2016. The DLV 2000 is a class 3 dynami

about 10 years ago
Petrobras: New well firms up Libra discovery
News

Petrobras: New well firms up Libra discovery

Brazil’s state-owned oil company Petrobras has concluded the drilling of the well 3-BRSA-1305A-RJS (3-RJS-739A), located in the Libra block northwest area, in the pre-salt of the Santos Basin off Brazil, confirming the discovery of good quality oil in reservoirs with excellent productivity. Accordin

about 10 years ago
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