ExxonMobil is taking legal action challenging the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) move to penalize the oil company for alleged violations of sanctions against Russia. In a statement on Thursday, the Treasury said OFAC had assessed a $2,000,000 civil monetary
GTT, the French maker of LNG containment systems, reported a revenue of €111.3 million ($129.8 million) for the first six months of 2017, a 4.7 percent drop from the corresponding period in 2016.
Houston-based oil and gas company Vaalco Energy has been forced to temporarily shut in a well at the Avouma platform offshore Gabon due to a problem with an electrical submersible pump. Vaalco said that an electrical submersible pump (ESP) in the South Tchibala 2-H well failed on July 18, resulting
Canada’s Federal Court of Appeal has sent the National Energy Board’s decision regarding the provincially approved TransCanada’s Prince Rupert Gas Transmission pipeline proposal back for re-determination.
Eleven crew members of MV ITT Panther cargo ship were rescued after their ship sank some 200 nautical miles from Port Blair, on Thursday, July 20, India’s Defence Ministry said. The crew managed to send a distress signal to the Coast Guard once their ship started listing beyond control only to capsi
Cheniere’s Sabine Pass liquefaction terminal in Louisiana, currently the only such a facility to ship U.S. shale gas overseas, has exported four cargoes of the fuel in the week ending July 19. Four vessels with a total LNG-carrying capacity of 14.3 billion cubic feet (Bcf) departed Sabine Pass from
The world’s largest oilfield services provider Schlumberger is buying a majority stake in the Russian drilling contractor Eurasia Drilling. The news was revealed by both Schlumberger and Eurasia Drilling on Thursday. Schlumberger is going to acquire a 51% stake in the drilling company. Alexander Dja
Dutch provider of offshore support vessels, Vroon Offshore Services, has named the newest addition to its fleet in a ceremony held on Thursday, July 20. The vessel was named the VOS Start at Damen Shiprepair in Amsterdam by Tracie Moyes from the vessel’s first charterer MHI Vestas Offshore. VOS Star
James Fisher Marine Services, main offshore marine services contractor for the Galloper project, has chartered the new Bibby WaveMaster 1 service operations vessel (SOV) to support the commissioning works on the wind farm.
The United States Federal Energy Regulatory Commission is currently reviewing information submitted by Annova LNG on the proposed export project on the southern bank of the Brownsville ship channel.
In the afterhours of the first exhibition day, on Tuesday the 10th of October you, your colleagues, business partners and potential prospects are invited to enjoy dinner and drinks, music and entertainment in a relaxing environment during the Official Networking Event of Offshore Energy hosted by iP
India’s imports of liquefied natural gas (LNG) dropped almost 10 percent in June on a yearly basis, according to the latest data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC). India imported 1.76 billion cubic meters of LNG or about 1.32 million mt last month. The costs of these im
Six countries have been shortlisted by the Philippines as possible partners for a $2 billion LNG import facility, with only one to be chosen eventually.
Acta Marine informed today, 20 July, that its walk-to-work construction support vessel Acta Orion is providing accommodation and walk-to-work for Siemens on DONG Energy’s Race Bank offshore wind farm.