Singapore’s Otto Marine Limited has taken delivery of a 238-men Work Maintenance Vessel to fulfill a long-term charter deal it signed in June. The delivery ceremony of the vessel, Nautical Aliya, was held at a shipyard in China on Thursday. According to Otto, the second vessel of the same type is cu
Offshore Energy reported Thursday that North Sea helicopter pilots had indicated strong support for strike action if helicopter companies do not make serious improvements in the way they deal with job losses. As a response to the announcement, Oil & Gas UK has urged the industry to reject conflict a
Steelhead LNG and the Malahat First Nation completed a Mutual Benefits Agreement and Long-Term Lease supporting the proposed development of Malahat LNG, a facility to be situated approximately 8 kilometres south of Mill Bay on Vancouver Island.
A fire broke out aboard the Skandi Stolmen offshore support vessel in Brazil on Wednesday. According to DOF, a Norwegian company which owns the vessel through Norskan offshore, the fire was “effectively” extinguished. Sixteen crew members were transported to other vessels and are now safe, the compa
Australia’s Santos informed that, after seven years in the role, the Managing Director and Chief Executive Officer, David Knox will step down once a successor has been appointed.
Azonto Petroleum has completed a sale of its shares in Vioco Petroleum to Vitol for $4 million, the company said on Friday. This means Azonto has now exited the Gazelle development, offshore Ivory Coast, as Vitol now owns a 100 percent share in Vioco, which is the operator of the block. Prior to the
The hazardous materials unit of the Oakland Fire Department responded yesterday to an acid spill from a shipping container at the Port of Oakland. As informed by the fire department, the 40-foot shipping container was leaking corrosive materials of HazMat 1, 2, 3, E3 types. The container sprung a le
The hazardous materials unit of the Oakland Fire Department responded yesterday to an acid spill from a shipping container at the Port of Oakland. As informed by the fire department, the 40-foot shipping container was leaking corrosive materials of HazMat 1, 2, 3, E3 types. The container sprung a le
Shipping company I.M Skaugen reported a loss of US$ 0.5 million for the second quarter of this year, compared to a negative result of US$ 4.6 million in the previous quarter.
Australia’s Santos, operator of the GLNG project, reported a half-year net profit of $37 million after tax, 82 per cent lower than the previous first half, reflecting significantly lower oil prices and a higher exploration expense. The half-year results were also highlighted by improvements in produ
Gazprom’s CEO, Alexey Miller, and Claudio Descalzi of Eni met on Thursday in Moscow. They discussed, among other things, over the global energy scenario with a particular focus on the dynamics of the gas market in Europe, Italy’s Eni said in a statement. According to the statement, the two companies
EPA’s proposal for additional methane regulations on oil and gas wells and transmission are duplicative, costly, and undermine America’s competitiveness, the American Petroleum Institute (API) said.
The Chief Executive Officer of Gazprom, Alexey Miller, met Thursday in Moscow the Chief Executive Officer of Eni, Claudio Descalzi. According to Eni’s press release, during the meeting, they discussed, among other things, over the global energy scenario with a particular focus on the dynamics of the
Fluor Corporation said today that it has agreed with Offshore Oil Engineering, a China National Offshore Oil Corporation unit, to form a new joint venture, COOEC Fluor Heavy Industries, through which the two companies will own, operate and manage the Zhuhai Fabrication Yard in China’s Guangdong prov
