UK’s oil and gas industry has welcomed the government’s commitment to introduce a tax measure that will unlock further investment in the UK North Sea.
Six oil and gas majors ExxonMobil, Shell, Total, Eni, Statoil, Repsol, BP, and Wintershall have said they will commit further to reducing methane emissions from the natural gas assets they operate around the world. The energy companies also agreed to encourage others across the natural gas value cha
Malaysian energy giant Petronas reported a significant jump in profit for the third quarter and the first nine months of 2017.
Damen Shipyards Galati has launched a fishery research vessel (FRV) 7417 for the Angolan Ministry of Fisheries. Close attention is being paid to the design, construction and outfitting of the vessel in order to minimize noise and vibration both on board and underwater, the company explained. The FRV
Trinity’s sale of West Coast assets offshore Trinidad & Tobago to Range did not go as planned due to lack of regulatory approvals.
Transport Canada has issued three more CAD 6,000 penalties to vessels for alleged non-compliance with a temporary mandatory ship slow down introduced by the government to prevent whale deaths. Transport Canada has fined multipurpose vessels Azoresborg and Jacqueline C, and the bulker New Shanghai. S
Panama-flagged containership MSC Luciana collided with the Chinese engineering vessel Su Lian Hai 0118 off the Port Caofeidian in China on November 21, 2017. The engineering vessel sustained severe starboard damage resulting in water ingress and putting its crew of 16 members in danger, as informed
Bombora Wave Power has expanded its European operations with new headquarters to be based in Wales, United Kingdom. This follows Bombora’s capital raising announcement on November 17, detailing an investment from global energy and environment company, Enzen. The funding is supporting the development
Russian gas giant Gazprom said on Wednesday it had resumed natural gas supplies to Azerbaijan. Gazprom Export, a unit of Gazprom, and the Azeri state energy firm SOCAR reached an agreement under which gas supplies were to start on November 22, according to a Gazprom statement. Gazprom will deliver a
Petroleum Safety Authority (PSA) has found several improvement points on the Shell-operated Draugen platform offshore Norway.
BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall have joined forces to further reduce methane emissions from the natural gas assets they operate around the world.
Petroleum Safety Authority (PSA) Norway has inspected Statoil’s planned adoption of insulation requirements for avoiding corrosion under insulation (CUI) in Johan Sverdrup Phase II. The objective of the audit was to investigate compliance with the regulatory requirements for insulation and potential
As a response to pressure from the oil and gas industry, the UK government will allow the long-awaited transferable tax history (TTH) policy in order to encourage investment in the North Sea.
France could soon make a regulatory change that will allow liquefied natural gas (LNG) refueling at ports as it looks to secure its presence in the market.
