India’s ONGC Videsh is set to buy a stake in the Tullow-operated Cooper license offshore Namibia.
Two Far Limited-operated prospects located in Blocks A2 and A5 offshore The Gambia have a combined best estimate prospective resource of 1.1 billion barrels of oil.
Norwegian oil production in October fell short of expectations on lower production from Statoil’s Gina Krog field, and from Eni’s Goliat field in the Barent Sea. However, production was higher compared to September 2017. According to the Norwegian Petroleum Directorate, preliminary production figure
US Navy’s guided-missile destroyer USS Benfold suffered minimal damage after it collided with a tugboat off the coast of Japan, on November 18. The incident occurred while the vessel was taking part in a scheduled towing exercise in Sagami Bay. The tug boat lost propulsion and drifted into the ship.
Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, has seen the LNG shipping market tighten considerably over the past months.
An interesting Tuesday for the UK North Sea news. First we reported on Serica’s acquisition of BP’s Bruce assets, now there’s more. Ineos is taking Siccar Point’s interest in the West of Shetlands assets. Siccar Point has informed that it has signed a farm-out deal with Ineos covering two exploratio
Italy’s Eni and FCA signed a memorandum of understanding to jointly develop research projects and technological applications aimed at reducing CO2 emissions from road transport vehicles.
Kleven Verft has entered into a Memorandum of Understanding (MoU) with Debmarine Namibia to build a new offshore vessel of Marin Teknikk MT6027 design. The vessel will follow the MT6022 SS Nujoma delivered in 2016 to Debmarine Namibia. The new vessel, with a length of 177 meters and a breadth of 27
The U.S. Trade and Development Agency launched the U.S. Gas Infrastructure Exports Initiative designed to connect American companies to new export opportunities across the gas value chain in emerging economies.
Offshore fabrication company BiFab will not go under after all after last week’s threat that the company might go to administration following a dispute with key clients. According to reports last week, the issue had arisen over unpaid fees to BiFab by Seaway Heavy Lifting for work related to the con
Alexey Miller, the head of the Russian giant Gazprom on Friday discussed liquefied natural gas (LNG) cooperation with Takehiko Kakiuchi, president and CEO of Mitsubishi Corporation.
Oil & Gas UK has made its final case for a tax change ahead of the UK Autumn Budget set to be presented to Parliament on Wednesday.
Indian Register of Shipping has launched a centre of excellence in shipbuilding and maritime sector to support commercial ship design for seagoing, coastal and inland waterways operation in India. Established in association with India’s Ministry of Shipping and Siemens, the Centre of Excellence in M
Ancala Midstream has completed the acquisition of Apache’s interests in the Scottish Area Gas Evacuation (SAGE) System and the Beryl Gas Pipeline for an undisclosed sum.