Singapore-based oil and gas company KrisEnergy is set to sign a petroleum agreement with the government of Cambodia for offshore Block A later this month. In its report for the second quarter and first half of the year on Monday, KrisEnergy said that the government of Cambodia has approved the signi
Subsea UK, an industry body representing the British subsea industry, will be hosting two briefing sessions with the Department for International Trade (DIT) ahead of SPE Offshore Europe 2017. The first briefing on August 28 will focus on the post-energy reform oil and gas sector opportunities in Me
BP’s Trinidad and Tobago unit, BPTT produced first gas from the Juniper development, the company’s fifth of seven major upstream start-ups planned for 2017.
Seafaring has been described as a vital support mechanism for the global economy by the International Maritime Organization (IMO) ahead of the Day of the Seafarer marked last July. However, seafarers across the globe still face various challenges when they venture out to sea ranging from poor commun
Construction of Bangladesh’s first pipeline dedicated to transport natural gas from the LNG import terminal to the domestic market has been completed.
dship Carriers, a multi-purpose project carrier belonging to the deugro Group, is expanding its fleet by adding three heavy-lift multi purpose MPP vessels in July and August 2017. As informed, the vessels will primarily be used for trade lanes between Asia, the Persian Gulf, and Europe. MVs Holandia
The Israeli wave energy company Eco Wave Power (EWP) has closed the second round of its fundraising campaign, having secured $3 million for the delivery of project pipeline.
Statoil has completed installation of an unmanned wellhead platform (UWP) for its Oseberg Vestflanken 2 field project in the North Sea. In February 2016, Statoil awarded Heerema the contract for the engineering, procurement & construction as well as the transport and installation of the platform. Th
BP Trinidad and Tobago (BPTT) announced first gas from the Juniper development, the fifth of BP’s seven upstream major project start-ups planned for 2017. The project is expected to boost BPTT’s gas production capacity by an estimated 590 million standard cubic feet a day (mmscfd). With an investmen
Oil giant BP has started gas production from its Juniper project in Trinidad, which is the company’s fifth major upstream project, and second in Trinidad, to start-up in 2017. The project is expected to boost BP Trinidad and Tobago’s gas production capacity by an estimated 590 million standard cubic
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co (DSME) informed that it has achieved two profitable consecutive quarters in the first half of this year. DSME also reported improved financial structure reaping fruit from debt restructuring. As disclosed, the sales for the first h
Historic wrecks around the Welsh coastline are to play a part in assisting Wales’ growing marine renewable energy (MRE) sector, the researchers from the Bangor University have said.
Oil and gas company Hyperdynamics Corporation is approaching completion of the initial portion of its Fatala-1 exploration well offshore Guinea. The Pacific Drilling-owned drillship Pacific Scirocco reached its target drilling location 165 kilometers offshore Guinea in early August, preparing to sta
McDermott has appointed John Freeman as senior vice president, general counsel and corporate secretary, effective today. He succeeds Liane Hinrichs who has announced her intention to retire from the company at the end of the year. David Dickson, president and chief executive officer of McDermott, st
