Shell is set to cut 90 onshore jobs in the UK supporting its North Sea operations citing a need to “ensure long-term sustainability,” of its UK North Sea business. Shell informed the workers at Aberdeen Townhall meeting on Thursday. Speaking at the meeting, Steve Phimister, Vice President Upstream U
Offshore and subsea shipping company Siem Offshore will buy 49% ownership in Siem Meling Offshore DA (SMODA) from the shipowner O.H. Meling. Following the acquisition, Siem Offshore will own 100% of the company SMODA. As part of the transaction, the 2011-built MPSV vessel Siddis Mariner is sold from
Colombian Navy and Police have seized 50 kilograms of cocaine hydrochloride transported on board a Panama-flagged general cargo ship which was en route to the Port of Colon, Panama. The operation, conducted by the Coast Guard of Puerto Bolivar in coordination with the anti-narcotics division of poli
A Marshall Islands-flagged oil tanker was approached and fired upon by three men in a skiff in the southern Bab-el-Mandeb (BAM) Strait, the Red Sea on May 31, 2017. Alarm was raised and non-essential crew mustered in the citadel. The onboard armed security team fired warning shots resulting in the s
The Ballast Water Management (BWM) Convention is scheduled to enter into force on September 8, 2017. However, a number of administrations have co-sponsored a proposal to the International Maritime Organization (IMO) that could delay the requirements for fitting ballast water treatment systems on exi
Russian energy giant Gazprom reported an 8 percent lower net profit in the first quarter of this year. Moscow-based Gazprom posted a profit of 333.45 billion roubles ($5.89 billion) in the first quarter as compared to 362.31 billion roubles in the same quarter the year before. Gazprom’s revenue rose
Oil company Lekoil has received payment for its first oil cargo lifted from the Otakikpo Marginal Field in OML 11, offshore Nigeria. The first cargo from the Aisla Craig floating storage and offloading unit was sold in May to a subsidiary of Shell. At the time, Lekoil said that 120,000 barrels of gr
A joint venture of Total, ExxonMobil, and Hellenic Petroleum (HELPE) has submitted an official application of interest to explore for hydrocarbons in two blocks off the Greek island of Crete. The joint venture, with Total as the operator, on Wednesday submitted the application to the Ministry of Env
Norwegian offshore service and supply shipping company Solstad Offshore has sold one of its platform suppliers. According to its Oslo Stock Exchange filing on Thursday, Solstad sold the 1996-built PSV Normand Carrier. Delivery to its new owner took place on Thursday, June 1, 2017. Solstad revealed n
Gazprom’s export of natural gas to the German market jumped 15.7 percent in the January-May period in 2017, in comparison to the corresponding quarter last year.
US-based energy giant Chevron has resumed production at the first liquefaction train at its multi-billion Gorgon LNG plant on Barrow Island in Western Australia following a shutdown earlier this month. “Production from Gorgon LNG Train 1 has resumed,” Chevron’s spokesperson told LNG World News in an
Canadian floating accommodation provider Bridgemans Services Group (BSG) has entered an agreement to provide full-service floatel accommodations and CTV boat landing services for MHI Vestas in Belgium.
Bermuda-based Golar LNG on Wednesday reported a net loss of $65.8 million for the first quarter of this year.
Cemre Marin Endüstri has ordered four MAN 8L21/31 variable-speed GenSets for a wind service operation vessel (WSOV) currently under construction at the Turkish shipyard for France’s Louis Dreyfus Armateurs (LDA).
