Three oil majors, Statoil, Shell, and Total, on Monday signed a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway, Statoil no
The offshore wind giant DONG Energy has changed its name to Ørsted, following the sale of its upstream oil and gas business to INEOS on 29 September and the decision to shift to green energy. While the acronym DONG, which stands for Dansk Olie og Naturgas (Danish Oil and Natural Gas), went in line w
Japanese provider of floating oil production and storage systems Modec has secured a contract extension for the Rang Dong floating storage unit (FSO) The contract extension is with Japan Vietnam Petroleum Company Ltd. (JVPC), a subsidiary of JX Nippon Oil & Gas Exploration Corporation. Located in th
Interview with Offshore WIND Conference Speaker David Molenaar, Country Manager Siemens Wind Power, Siemens Gamesa.
The Palau International Ship Registry (PISR) has seen a strong increase in its fleet size as more shipowners and operators look to become part of the new registry. At the end of September 2017, the Palau flag fleet stood at 380 ships with 3,000,000 gross tonnage. The main Palau fleet now comprises 2
Oslo-listed Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, appointed Øystein Kalleklev as chief financial officer.
A 38-year-old man was medevacked from a cargo vessel 174 miles off the Columbia River entrance on September 30, 2017, the United States Coast Guard informed. Watchstanders at Sector Columbia River received a call at 2:53 p.m. from the shipping agent for the cargo vessel Tawa Arrow. The agent reporte
Okra Energy said it has installed Peru’s first small-scale liquefied natural gas (LNG) facility to support increasing energy demands of the industry in the country’s remote areas.
Calgary-based oil and gas company Canadian Overseas Petroleum Limited (COPL) on Monday announced a £2.5 million share offering to cover its expenses as it works to secure funds for an appraisal project offshore Nigeria. COPL announced the offering of common shares in the capital of the company to ra
Norway’s shipowner Havila Shipping has sold another anchor handling tug and supply (AHTS) vessel jointly operated with POSH. Havila said it sold and delivered the AHTS vessel POSH Viking to an undisclosed buyer last Friday. The company added that the sale was carried through as a part of the financi
DONG Energy has completed the divestment of its upstream oil and gas business to Ineos.
As the nearshore locations for offshore windfarms grow scarcer, new developments are situated ever farther from the coast. Larger turbines, stronger winds and the absence of advocacy groups make this a solid business proposal, with the latest concession granted without subsidised energy cost. Damen
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Edison in 20-year deal to buy US LNG from Venture Global Edison, the Italian energy group owned by France’s EDF, signed a long-term deal to buy 1 million tons per year of liquefied natural gas (LNG) from Venture Global’s Calcasieu Pass facility in Louisiana. Keppel and Shell in 1st commercial Singap
