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Genco Narrows Loss, Counts on Increased Margins
News

Genco Narrows Loss, Counts on Increased Margins

The company says a barbell strategy is to be credited for the first quarter results.

about 7 years ago
Fire on Saipem pipe-layer in Caspian Sea injures 14
News

Fire on Saipem pipe-layer in Caspian Sea injures 14

A pipe-laying vessel working for Italian oilfield service provider Saipem reportedly caught fire on Wednesday, May 8.

about 7 years ago
USCG Evaluating Oil Removal Ops on Tanker Sunk by German U-Boat
News

USCG Evaluating Oil Removal Ops on Tanker Sunk by German U-Boat

The Great Britain-owned ship sank off New York.

about 7 years ago
DNV GL grants AIP for Hyundai Heavy’s nearshore FLNG barge
News

DNV GL grants AIP for Hyundai Heavy’s nearshore FLNG barge

Classification society DNV GL has awarded approval in principle (AIP) to Hyundai Heavy Industries for the design of a jetty-moored near shore FLNG barge.

about 7 years ago
Talos: Production resumes from Helix Producer I unit in Gulf of Mexico
News

Talos: Production resumes from Helix Producer I unit in Gulf of Mexico

U.S. based oil firm Talos Energy has resumed production at the Helix Producer I vessel in the Gulf of Mexico following a mandatory two-month drydock. The vessel, which had produced 35 MBoe/d prior to the drydocking, departed the shipyard on March 7, 2019.

about 7 years ago
Beatrice Starts Getting Phase 2 CfD Payments
News

Beatrice Starts Getting Phase 2 CfD Payments

The 588MW Beatrice offshore wind farm in the UK has passed the Contracts for Difference (CfD) Operational Conditions Precedent (OCPs) for its second phase. The Low Carbon Contracts Company (LCCC) began allocating the CfD payments for the 336MW of the project’s second phase on 28 April. Beatrice join

about 7 years ago
Beatrice Starts Getting Phase 2 CfD Payments
News

Beatrice Starts Getting Phase 2 CfD Payments

The 588MW Beatrice offshore wind farm in the UK has passed the Contracts for Difference (CfD) Operational Conditions Precedent (OCPs) for its second phase. The Low Carbon Contracts Company (LCCC) began allocating the CfD payments for the 336MW of the project’s second phase on 28 April. Beatrice join

about 7 years ago
Otto takes remaining interest in Gulf of Mexico lease
News

Otto takes remaining interest in Gulf of Mexico lease

Otto Energy has acquired the remaining 50% working interest in the VR 232 license located in the U.S. Gulf of Mexico from Byron Energy.

about 7 years ago
Anadarko to reach Mozambique LNG FID on June 18
News

Anadarko to reach Mozambique LNG FID on June 18

U.S. independent oil and gas producer Anadarko is expected to reach the final investment decision on its Mozambique LNG project on June 18, following a meeting with the president of the country Filipe Nyusi.

about 7 years ago
Chart acquires Harsco AXC for $592 million
News

Chart acquires Harsco AXC for $592 million

LNG engineer Chart Industries has entered into a definitive asset purchase agreement to acquire the Industrial Air-X-Changers business (Harsco AXC) of Harsco Corporation for $592 million in cash.

about 7 years ago
Boskalis’ vessel hijack in E. Guinea an act of Nigerian pirates
News

Boskalis’ vessel hijack in E. Guinea an act of Nigerian pirates

“It doesn’t matter if it’s a kidnapping from a fishing vessel off the Bakassi peninsula in Cameroon, or a tanker off Abidjan, Ivory Coast – it’s typically Nigerian pirate groups conducting these attacks.”

about 7 years ago
Tellurian focused on finalizing Driftwood LNG financing
News

Tellurian focused on finalizing Driftwood LNG financing

US LNG export project developer, Tellurian has set sights on finalizing the Driftwood partnership financing as the Driftwood LNG project secured permits for construction and LNG export.

about 7 years ago
ExxonMobil to devote $100 million for research on lower-emissions technologies
News

ExxonMobil to devote $100 million for research on lower-emissions technologies

U.S. oil giant ExxonMobil will invest up to $100 million over 10 years to research and develop advanced lower-emissions technologies.

about 7 years ago
Finnlines Earnings Steady Despite Finnish Trade Growth Slowdown
News

Finnlines Earnings Steady Despite Finnish Trade Growth Slowdown

The RoRo and passenger services operator’s revenue was up for the quarter.

about 7 years ago
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