CGG, a French-based geophysical services company, has announced that it will start a multi-client airborne gravity and magnetic survey offshore South Africa. The Petroleum Agency of South Africa (PASA) has authorized the program which will extend across two blocks totaling approximately 78,000 line
Oil & Gas UK, a representative body for the UK’s oil and gas industry, reported that the number of companies using shared industry tools developed by Oil & Gas UK and its subsidiary, LOGIC (Leading Oil and Gas Industry Competitiveness) was rising. According to Oil & Gas UK, shared industry tools sim
Australia’s Woodside Petroleum this week said it expects to take a $1 billion hit when it announces its full year 2015 results in mid-February, quoting low oil price. The energy company on Wednesday said: “Following the biannual review of the Company’s asset values and reflecting lower short and lon
Greece accepted on Wednesday the improved offer tabled by China’s port operator Cosco Group (Hong Kong) Limited for the obtaining of 67% stake in the country’s largest port of Piraeus. Cosco, which was also the sole bidder in the tender, submitted the offer last week, however the fund requested that
Whilst undertaking detailed seabed scanning for the development of wind farm projects in the East Anglia Zone, ScottishPower Renewables (SPR) and Vattenfall uncovered an ‘uncharted’ wreck of a WWI German submarine, missing in action since 1915. Charlie Jordan, ScottishPower Renewables’ project direc
ALE said on Thursday it has completed the final module load-out for the Inpex-operated 8.9 mtpa Ichthys LNG onshore facilities in Thailand.
In today’s article we spotted for you Siem’s offshore support vessel Siem Daya 2 taking a breather in snow-clad Norway. The offshore support vessel is the first ship to connect to the new shore power facility in Kristiansand port. The port received its shore power plants supplying up to 1200 kVA ada
Norges Bank Investment Management, responsible for the management of Norway’s $785 billion sovereign wealth fund, said it will vote in favour of the proposed merger between Shell and BG Group. The world’s largest investment fund, which owns shares in both Shell and BG, said on Wednesday it will back
Dutch provider of offshore support vessels, Vroon Offshore Services, which owns a fleet of more than a hundred vessels, has expanded its fleet with a brand new platform supply vessel, built in China. The vessel, named VOS Partner, was recently delivered to the company from Cosco Guandong shipyard in
Pacific Orca is about to complete the foundation installation at Vattenfall’s Sandbank offshore wind farm, Swire Blue Ocean reported on its social media pages. In 2014, the company was contracted by Bilfinger to provide a vessel for the installation of 72 foundations at the Sandbank wind farm site.
The Union of Greek Shipowners disagrees with the European Commission’s recently published decision alleging that some provisions of the Greek shipping taxation regime are in breach of EU state aid provisions. In December, the Commission sent a set of proposals to Greece asking it to change its marit
Eni has reportedly lifted the force majeure on natural gas supplies to the Nigeria liquefied natural gas export plant, declared due to a sabotage on a pipeline in December.
Marine seismic survey company Polarcus has shared some positive news in an otherwise depressing seismic acquisition market, pressured by low oil prices. The UAE-based, Oslo-listed, company which is currently acquiring an ultra-wide 3D marine seismic project offshore Myanmar, has described the projec
Sydney-based Origin Energy, the holder of a 37.5 percent stake in the Australia Pacific LNG project, remains confident in its robust financing arrangements during the low oil prices period.
