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News

Eni: Tecoalli well in Mexico successfully tested. Area could hold 2 billion barrels
News

Eni: Tecoalli well in Mexico successfully tested. Area could hold 2 billion barrels

Italian oil company Eni has successfully tested the Tecoalli-2 well offshore Mexico

about 8 years ago
Mineral Resources in takeover bid for AWE
News

Mineral Resources in takeover bid for AWE

Australian oil company AWE has received a takeover offer from Mineral Resources, following a recent takeover bid made by China’s CERCG. Mineral Resources has offered to acquire all AWE shares via a Scheme of Arrangement. If accepted, each AWE shareholder will receive as default consideration $0.415

about 8 years ago
RockRose expands North Sea portfolio
News

RockRose expands North Sea portfolio

UK North Sea-focused oil company RockRose has expanded its foothold in the region by completing two acquisitions on Friday. The company confirmed completion of the purchase of Egerton Energy Ventures Limited, including non-operated interests in the Galahad (27.80%) and Mordred (8.33%) gas fields loc

about 8 years ago
Ireland Approves Galway Bay Renewable Energy Test Site
News

Ireland Approves Galway Bay Renewable Energy Test Site

The Irish government has granted an approval to Marine Institute to install a quarter scale renewable energy test site at Galway Bay. The Galway Bay Marine and Renewable Energy Test Site is required to meet one of the Irish government’s stated objectives of producing 50GW from ocean energy by 2050 s

about 8 years ago
Titan LNG: adoption of LNG as marine fuel picked up in 2017
News

Titan LNG: adoption of LNG as marine fuel picked up in 2017

Titan LNG, the service supplier of liquefied natural gas to the marine and industrial markets in North West Europe, said the stage has been set for a push in the adoption of LNG as a marine fuel beyond the tipping point.

about 8 years ago
Four Dead, 240 Rescued from Sunken Ferry off Philippines
News

Four Dead, 240 Rescued from Sunken Ferry off Philippines

Four out of over 250 passengers of M/V Mercaft 3 ferry have died after the vessel capsized off the Philippines.

about 8 years ago
Ineos plans to complete Forties repairs around Christmas
News

Ineos plans to complete Forties repairs around Christmas

Ineos is planning to complete the repair works on the Forties pipeline system around Christmas, following recent controlled shutdown over a hairline crack.

about 8 years ago
Four new fields give Eni power to reach all-time production record
News

Four new fields give Eni power to reach all-time production record

Italian oil company Eni has reached its all-time production record of 1 million and 920 thousand barrels of oil equivalent per day (boe/d). Eni claimed on Thursday that this record level of production is proof of the success of the integrated exploration and development model that the company has de

about 8 years ago
Australian Navy HMAS AE1 Submarine Found
News

Australian Navy HMAS AE1 Submarine Found

Australia’s first submarine HMAS AE1 has been discovered, ending a 103 year maritime mystery. The Royal Australian Navy submarine was lost off Rabaul on September 14, 1914 with all personnel aboard. An expedition to locate the submarine took place in waters off the coast of the Duke of York Island g

about 8 years ago
Second Turbine Up at Nissum Bredning
News

Second Turbine Up at Nissum Bredning

The second Siemens 7MW wind turbine was installed at the Nissum Bredning site on 17 December, with all the transition pieces now placed on their corresponding gravity jacket foundations.

about 8 years ago
Cargo Volumes On the Rise at World’s Top Ports
News

Cargo Volumes On the Rise at World’s Top Ports

Cargo throughput at major ports globally maintained an upward trend in the third quarter of this year.

about 8 years ago
DNV GL: Containership, Gas Fleets to Grow by 150 Pct by 2050
News

DNV GL: Containership, Gas Fleets to Grow by 150 Pct by 2050

The container shipping and gas fleets are expected to see a rise of almost 150 percent by 2050.

about 8 years ago
US Aims to Blacklist 10 More Ships over North Korea Cargo
News

US Aims to Blacklist 10 More Ships over North Korea Cargo

Reuters: The United States is looking to blacklist another ten ships for carrying banned cargo from North Korea.

about 8 years ago
Gazprom sees no threat from US LNG, eyes further development
News

Gazprom sees no threat from US LNG, eyes further development

Russian giant Gazprom said that the United States liquefied natural gas (LNG) was not globally competitive due to the high production costs.

about 8 years ago
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