Italian oil and gas company, Eni, has informed that an audit by an independent U. S. law firm found no evidence of illegal conduct in relation to Eni and Shell’s acquisition of OPL 245, offshore Nigeria. In 2014, the Milan Prosecutor’s office launched an investigation into over $1 billion worth acqu
Dutch offshore wind solutions provider Seawind has developed a novel 6.2MW two-bladed upwind turbine with a 126 metre rotor diameter, plus additional technology for bottom-fixed and floating installations together aimed at driving down the cost of energy decisively. Offshore WIND spoke with chief te
Dutch offshore wind solutions provider Seawind has developed a novel 6.2MW two-bladed upwind turbine with a 126 metre rotor diameter, plus additional technology for bottom-fixed and floating installations together aimed at driving down the cost of energy decisively. Offshore WIND spoke with chief te
Major oil and gas companies, BG Group, BP, Eni, Royal Dutch Shell, Statoil and Total sent a call to the governments around the world and to the United Nations Framework Convention on Climate Change, to introduce carbon pricing systems.
Major oil and gas companies, BG Group, BP, Eni, Royal Dutch Shell, Statoil and Total sent a call to the governments around the world and to the United Nations Framework Convention on Climate Change, to introduce carbon pricing systems.
Houston-based oil and gas company, Endeavour International Corporation, has launched a marketing process in the U.K. for the sale of all or most of its North Sea oil and gas assets. The company has engaged Blackstone Advisory Partners L.P. as the financial advisor in this process. Endeavour said in
A UN-chartered ship carrying humanitarian aid to Yemen was shelled by rebel forces thus preventing the ship from docking in the country’s port of Aden. As informed, the ship loaded with 7,000 tons of food is believed to had been targeted by the Shiite Huthi rebels when it was within a nautical mile
Over 5,000 migrants have been saved in the Central Mediterranean since Friday, according to the EU’s border control agency Frontex. The rescue operations, which began last Friday, involved migrants who departed from Libya on 25 boats. During the incidents, the rescuers also recovered seventeen bodie
Despite an uneven picture across shipping markets in terms of performance and earnings, the volume of capacity entering the fleet seems to have evened out, according to Clarksons. Shipyard output looks fairly steady, with the 6-month moving average of deliveries averaging around 7-8m dwt per month f
Israel’s Delek Group has begun preliminary negotiations with Noble Energy International, Ltd. for the acquisition of 19.9% of its share in Block 12, offshore Cyprus. Noble Energy currently owns a 70% share in the Block 12, containing the Aphrodite gas discovery. Delek Group said in a statement that
Siemens Reorganizes Company. 4,500 People to Lose Jobs Siemens announced today that it is on track with the implementation of its concept for the company’s strategic realignment. MT Højgaard Found Not Guilty in Robin Rigg Trial Today, the Court of Appeal in London has ruled that MT Højgaard is not l
Fendercare Subsea Services has completed the Unexploded Ordnance (UXO) project at the Sandbank offshore wind site. The UXO project was conducted at the Sandbank offshore wind farm, which is the second largest power generation project undertaken by Vattenfall and Stadtwerke München in the German Nort
Nova Scotia Fracking Resource and Action Coalition voiced its disappointment with the Nova Scotia government’s decision to approve the proposed LNG export plant in Bear Head, on Canso Strait.
Nova Scotia Fracking Resource and Action Coalition voiced its disappointment with the Nova Scotia government’s decision to approve the proposed LNG export plant in Bear Head, on Canso Strait.