The energy world is going through a period of change and oil and gas industry is facing a tough reality with an estimated 20 percent fall in global upstream investments, Statoil CEO Eldar Sætre said.
Governor Bill Walker on Friday made new appointments to the Alaska Gasline Development Corporation board of directors.
The Norwegian Petroleum Directorate (NPD) is skeptical of the proposal to plug wells as a measure to keep drilling rigs in activity as re-using wells on the Norwegian shelf can be good business, the NPD said on Monday. The petroleum directorate says that, as resource steward, it wants the industry t
The potential for British expertise in the subsea hubs of Indonesia, Singapore and Malaysia will be explored at the fifth annual Subsea Asia conference this week, the organizers have said. The event, which takes place at the Dharmawangsa Jakarta Hotel, Indonesia on Tuesday, November 24 is organized
DONG Unveils U.S. Offshore Wind Project Details DONG Energy has released project details for its offshore wind farm proposed to be built off Massachusetts, USA. 25MW Floating Wind Farm Planned off Portugal EDP Renewables (EDPR), Mitsubishi Corporation (through its subsidiary Diamond Generating Europ
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Tidal Energy Today has compiled the top news from tidal and wave energy industry from November 16 – 22, 2015. TiME project brings new turbulence guide for tidal arrays Collaborative project TiME has produced a guide that provides a framework for the tidal industry to measure, classify and analyse tu
LNG-powered locomotive delivered to Russian Railways Bryansk Machine Building Plant, part of the Transmashholding group, delivered the LNG-powered TEM19 locomotive to Russian Railways. LNG Limited completes Magnolia EPC contract with KSJV Liquefied Natural Gas Limited’s Magnolia LNG has agreed a US$
Seajacks has taken the delivery of the Seajacks Scylla, the world’s largest installation jack-up vessel to date. Commenting on the delivery of Seajacks Scylla, Blair Ainslie, Seajacks CEO said: “Scylla is the largest and most advanced installation jack-up on the market and is targeted at the offshor
During the EWEA 2015 in Paris, Offshore WIND met with Alfredo Parres, Head of Wind Sector Initative at ABB Group, whose main role within ABB is to integrate different wind-related activities under the same umbrella. This in turn is part of an overall strategy aimed at optimal positioning and to grow
During the EWEA 2015 in Paris, Offshore WIND met with Alfredo Parres, Head of Wind Sector Initative at ABB Group, whose main role within ABB is to integrate different wind-related activities under the same umbrella. This in turn is part of an overall strategy aimed at optimal positioning and to grow
HitecVision, a private equity investor specialized in buyouts and growth-stage investments in the oil and gas industry, has bought shares in Prosafe, a provider of semi-submersible accommodation vessels. North Sea Strategic Investments AS, a company managed by HitecVision, has on November 19, 2015 s
China, the world’s largest energy consumer, is cutting domestic gas prices to help boost demand for LNG and pipeline supplies.
Havyard, a Norwegian ship technology company, informed on Friday that its profit and revenues for the third quarter 2015 have plunged mainly due to lower activity at the Leirvik yard. Namely, the company’s profit for the quarter amounted to NOK 6.9 million, which is only a half of its third quarter
