Pressured by low oil prices, cuts in exploration, low dayrates, and limited prospects for new contracts, Norwegian Dolphin Group, together with its seismic acquisition subsidiary Dolphin Geophysical AS, on Monday filed for bankruptcy. However, on Wednesday, the company said its UK unit continues bus
MHI Vestas Offshore Wind has received an order from DONG Energy for the supply of V164-8.0 MW turbines for the 330MW Walney Extension West project in the UK. The order includes a five-year full-scope service contract with an availability guarantee, ensuring optimised performance of the wind power pl
New Zealand Energy and Resources Minister Simon Bridges on Wednesday announced the award of nine new oil and gas exploration permits for Block Offer 2015. Block Offer 2015 includes three onshore permits and six offshore permits, all in the Taranaki Basin. According to Bridges, collectively the permi
The Japanese shipbuilder Nagasaki Shipyard & Machinery Works of Mitsubishi Heavy Industries, Ltd hosted the naming ceremony of liquefied natural gas (LNG) carrier built for Osaka Gas Co. and Kyushu Power Co., Mitsui O.S.K. Lines said. Osaka Gas Representative Director and President Honjo, named the
Swire Shipping, the liner shipping division of The China Navigation Company (CNCo), is enhancing its North Asia-Pacific multipurpose liner service. The improvements will see additions of direct calls to Qingdao and Nuku’alofa along with connecting Qingdao, Busan and Yokohama to the South Pacific. Ac
Statoil, a Norwegian oil and gas company, has welcomed the Paris Agreement made on December 12, 2015, whereby the world’s leaders agreed on an ambitious plan to address climate change. Statoil said on Wednesday it was well positioned to play its part in the transition to a low carbon future. “Statoi
Norway’s seismic and electromagnetic services company PGS has said that its seismic vessel Ramford Titan has been conducting the industry’s first ever single vessel 18 streamer seismic operation, offshore Myanmar. According to PGS, over a mile across, this is the widest deployment on record. Althoug
Assigning operators for four Dogger Bank offshore wind projects is the next major step that needs to be taken so that the projects could enter the pre-construction phase. Forewind, the consortium behind the Dogger Bank development, said that the initial aim will be to assign operators for the two pr
Kogas of South Korea, the world’s largest corporate buyer of LNG, said it has completed the first phase of the construction of its Samcheok LNG receiving terminal located some 250 kilometers east of Seoul.
Greek Energy and Environment Minister Panos Skourletis held a meeting on Tuesday in Athens with officials from Houston-based LNG player Cheniere Energy. According to a statement by the Ministry of Environment and Energy, Skourletis met with Jean Abiteboul, President of Cheniere Supply & Marketing an
The first monopile foundation was installed at the Nordsee One offshore wind farm site on December 15 – ahead of schedule. GeoSea, which has been contracted to install the monopiles produced by Ambau, will continue the work through the remainder of 2015 and into 2016. The monopiles are being install
The first monopile foundation was installed at the Nordsee One offshore wind farm site on December 15 – ahead of schedule. GeoSea, which has been contracted to install the monopiles produced by Ambau, will continue the work through the remainder of 2015 and into 2016. The monopiles are being install
Port of Rotterdam informed on Wednesday that seagoing vessels that bunker LNG in Rotterdam receive a 10 percent discount on gross seaport dues.
PACC Offshore Services, a Singapore-based provider of offshore support vessels, has issued a profit warning for the fourth quarter and full year 2015. The company, also known as POSH, has said that it expects to record a loss for the year. In a statement on Tuesday, POSH said low crude oil prices ha
