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News

India’s ONGC farms into Namibian offshore block
News

India’s ONGC farms into Namibian offshore block

India’s ONGC Videsh is set to buy a stake in the Tullow-operated Cooper license offshore Namibia.

about 8 years ago
Far sees potential for 1.1 billion barrels of oil at Gambian prospects
News

Far sees potential for 1.1 billion barrels of oil at Gambian prospects

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.

about 8 years ago
Norway October oil output falls short on lower contribution from Goliat, Gina Krog fields
News

Norway October oil output falls short on lower contribution from Goliat, Gina Krog fields

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

about 8 years ago
US Navy Ship Scraped in Collision with Japanese Tug
News

US Navy Ship Scraped in Collision with Japanese Tug

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.

about 8 years ago
Flex LNG sees shipping market tighten, banks on MEGI premium
News

Flex LNG sees shipping market tighten, banks on MEGI premium

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.

about 8 years ago
Siccar farms out West of Shetlands blocks to Ineos
News

Siccar farms out West of Shetlands blocks to Ineos

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

about 8 years ago
Eni, FCA pledge to reduce CO2 emissions in road transport
News

Eni, FCA pledge to reduce CO2 emissions in road transport

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.

about 8 years ago
Marin Teknikk to Design Offshore Vessel for Debmarine Namibia
News

Marin Teknikk to Design Offshore Vessel for Debmarine Namibia

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

about 8 years ago
U.S. Trade and Development Agency launches LNG exports initiative
News

U.S. Trade and Development Agency launches LNG exports initiative

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.

about 8 years ago
BiFab lives to fight another day
News

BiFab lives to fight another day

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

about 8 years ago
Gazprom, Mitsubishi talk Sakhalin II expansion progress
News

Gazprom, Mitsubishi talk Sakhalin II expansion progress

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.

about 8 years ago
Oil & Gas UK in final tax change push ahead of Autumn Budget
News

Oil & Gas UK in final tax change push ahead of Autumn Budget

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.

about 8 years ago
IRClass Opens Maritime, Shipbuilding Centre of Excellence
News

IRClass Opens Maritime, Shipbuilding Centre of Excellence

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

about 8 years ago
Ancala completes Apache’s North Sea pipeline stake buy
News

Ancala completes Apache’s North Sea pipeline stake buy

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.

about 8 years ago
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