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News

Rentel Puts Turbine Kit on Display
News

Rentel Puts Turbine Kit on Display

Rentel NV is holding an Open Yard Day for the Rentel offshore wind farm on 6 May in the Port of Ostend, Belgium.

about 8 years ago
Milaha posts higher profit
News

Milaha posts higher profit

Doha-based Qatar Navigation (Milaha) reported a 10 percent rise in its profit in the first three months of the year. The company’s first-quarter net profit was 260 million Qatari Riyals ($71.4m), up from 236 million Qatari Riyals for the same period in 2017. Operating revenues rose to 698 million Qa

about 8 years ago
Chevron to shut 2nd Gorgon LNG train in May
News

Chevron to shut 2nd Gorgon LNG train in May

US-based energy major Chevron plans to close in May the second production train at its giant Gorgon liquefied natural gas (LNG) plant on Barrow Island in Western Australia. “We have a planned pit-stop on Gorgon Train 2 next month to replicate performance improvement modifications that we have made i

about 8 years ago
Court dismisses PGS claim against GC Rieber in seismic vessel case
News

Court dismisses PGS claim against GC Rieber in seismic vessel case

Norwegian shipowner GC Rieber Shipping has come out as a winner for the second time in a case brought before the court by PGS related to the delivery of the Polar Dutchess seismic vessel. In June 2012, Arrow Seismic Invest II, now PGS Geophysical (UK) Limited, alleged that GC Rieber Shipping’s subsi

about 8 years ago
Well-Safe Solutions sets up plug and abandonment clubs
News

Well-Safe Solutions sets up plug and abandonment clubs

Well-Safe Solutions has set up five different plug and abandonment clubs to reduce the cost of well P&A, following interest in the approach by operators in the North Sea.

about 8 years ago
USA: Mixed reactions for proposal to change drilling rules
News

USA: Mixed reactions for proposal to change drilling rules

The decision by the BSEE to update oil and gas drilling regulations has been met with opposing comments from the API and Earthjustice.

about 8 years ago
KBR profit jumps as revenue edges down
News

KBR profit jumps as revenue edges down

Houston-based LNG engineer KBR reported a sharp increase in first-quarter profit reporting the earnings of $138 million compared to $37 million in Q1, 2017.

about 8 years ago
Russia’s Gazprom completes TurkStream first line
News

Russia’s Gazprom completes TurkStream first line

Russian gas giant Gazprom said on Monday it had completed the sea portion of the first line of the TurkStream offshore gas pipeline stretching across the Black Sea. The average rate of the deep-water pipelay carried out by the pipelaying vessel Pioneering Spirit was 4.3 km/day, according to a Gazpro

about 8 years ago
Irregularities spotted during Draupner safety check
News

Irregularities spotted during Draupner safety check

The PSA has found a non-conformity and several improvement points during an audit of Draupner S and E platforms off Norway.

about 8 years ago
Baker Hughes, W&T Offshore enter Gulf of Mexico pact
News

Baker Hughes, W&T Offshore enter Gulf of Mexico pact

Baker Hughes, a GE company, and oil company W&T Offshore have entered into a strategic partnership related to W&T’s joint exploration and development program, which includes 14 drilling projects.

about 8 years ago
Japan’s Inpex named asset leader for giant field offshore Abu Dhabi
News

Japan’s Inpex named asset leader for giant field offshore Abu Dhabi

Inpex has been appointed as asset leader for the Lower Zakum Oil Field offshore Abu Dhabi in the UAE by ADNOC.

about 8 years ago
ExxonMobil’s first quarter profit, revenue up
News

ExxonMobil’s first quarter profit, revenue up

ExxonMobil reported a $4.7 billion income for the first quarter of 2018, 16 percent above the $4 billion recorded in the corresponding period a year earlier.

about 8 years ago
Eni’s profit edges down as LNG sales soar
News

Eni’s profit edges down as LNG sales soar

Italian energy giant Eni has reported a net profit of €946 million ($1.15 billion) in the first quarter, 2 percent below the €965 million recorded in the corresponding quarter in 2017.

about 8 years ago
APLNG boosts Australia’s Origin Energy
News

APLNG boosts Australia’s Origin Energy

Australia’s top power and gas retailer, Origin Energy on Monday said that its stake in the Australia Pacific LNG project (APLNG) recorded a 14 percent rise in production revenue for the financial year-to-date. Origin’s share of Australia Pacific LNG production for the financial year-to-date was 189.

about 8 years ago
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