OSLO (Reuters) – BP said it ordered a total evacuation of its Valhall platform in the North Sea on Thursday after a barge broke its anchor and was drifting towards the installation following a storm. “The barge has changed direction and BP has decided to shut production (at Valhall) and there will b
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The South Korean government is planning to set up a USD 1.2 billion ship investment fund to boost its shipping industry, Yonhap news agency informed. The fund is expected to be led by local commercial banks and state-run financial institutions including the Korea Development Bank, Export-Import Bank
Fluxys of Belgium informed that Pascal De Buck has been named as the company’s new managing director and chief executive officer, succeeding Walter Peeraer.
BP has reportedly evacuated workers from its Valhall platform in the North Sea offshore Norway. According to the Norwegian media, BP Norway has decided to fly the workers off the platform after a barge broke loose and started drifting towards BP’s offshore production facility. According to available
One worker died after a heavy wave hit the COSL Innovator drilling rig offshore Norway on Wednesday, the operator of the rig Statoil, has informed. The company Wednesday said two other people were injured and were receiving medical treatment ashore. The COSL Innovator rig is now heading to shore und
Norway’s Statoil on Thursday informed it has completed the acquisition of a 13 percent interest in Eagle Ford joint venture from Repsol.
Shell, the operator of the Corrib gas field development offshore Ireland, has informed that natural gas has started to flow from the field. Shell said the event marked an important milestone both for the country and Shell’s upstream operations. Located 83 kilometres off Ireland’s northwest coast in
Independent Oil and Gas plc (IOG) has secured an extension from the Oil and Gas Authority for the Cronx licence in the UK North Sea by one year to January 9, 2017. IOG has also agreed to extend the Sale and Purchase agreement entered into in March 2015, with Swift Exploration by 9 months to Septembe
Norway’s offshore vessel owner DOF has secured contracts for two of its offshore support vessels. The first contract, secured by DOF Rederi, a subsidiary of DOF, is for the Skandi Sotra platform supply vessel. The contract will see the Skandi Sotra stay for one year plus options with Asco marine Ltd
LNG imports into China reached 1.8 million tons in November, rising 3.47 percent year on year according to the General Administration of Customs data.
WFS Technologies (WFS) has launched Seatooth PipeLogger Corrosion Monitor. “Designed to deliver a step reduction in the cost of long term monitoring of subsea pipelines and jumpers, the Seatooth PipeLogger Corrosion Monitor is set to revolutionise subsea asset integrity monitoring,” WFS said in a pr
