Indonesia has filed a $2 billion lawsuit against Thailand’s PTTEP for the Montara oil spill offshore Australia that happened in 2009. The Indonesian government filed a civil lawsuit last week at a Jakarta court, saying PTTEP had not shown good faith in resolving problems with Montara oil pollution t
UK’s Oil and Gas Authority (OGA), has said that almost four trillion cubic feet of tight gas might be locked in the Southern North Sea. Thus, OGA, together with the East of England Energy Group (EEEGR), will host its second hackathon event to discuss cost efficiencies and technological solutions app
Australia’s Arrow Energy, the joint venture between Shell and PetroChina, said on Monday it would begin the front-end engineering design work on an expansion of its Tipton gas project in Queensland’s Surat Basin. The expansion would boost capacity at Tipton to more than 80 terajoules (TJ) a day from
BW Offshore’s subsidiary has received a termination notice for the FPSO Sendje Berge operating under a contract with Addax Petroleum Exploration Nigeria (Addax) on the Okwori field, offshore Nigeria. The termination will have effect from November 06, 2017, the company informed. In addition, Addax ha
Japan’s Ministry of Economy, Trade and Industry (METI) confirmed the production of natural gas from offshore methane hydrate deposits, during the production tests initiated on May 5.
Russian gas giant Gazprom has started construction on the TurkStream natural gas pipeline under the Black Sea to Turkey. Gazprom said in a statement that Allseas’ vessel Audacia had started laying pipes on the Russian shore of Black Sea. Construction works for the TurkStream gas pipeline in the deep
The most popular articles of the week May 1 – 7, 2017
Fortuna FLNG umbrella agreement signed Fortuna FLNG project partners signed an umbrella agreement that establishes the full legal and fiscal framework for what is claimed to be Africa’s first deepwater FLNG project. Singapore launches 1st standard for LNG bunkering Singapore has launched its first b
Subsea World News has put together a recap of the most interesting articles from the previous week (May 01 – May 07). A subsea technology spin-off from Norwegian firm Fuglesangs has signed an agreement with Aker BP, Lundin and NOV to develop and test a full scale prototype of what is marketed as ‘th
Monaco-based LNG shipper GasLog on Friday reported first-quarter net income of $8.8 million, after reporting a loss in the same period a year ago.
Australian oil and gas company Woodside expects first gas from its Browse basin fields offshore Australia to start flowing in mid-2020s. This was revealed by Peter Coleman, Woodside CEO, at the company’s annual general meeting on Friday. The Browse project aims to commercialize the Brecknock, Callia
French utility and LNG player Engie, reported a decrease in profit for the first quarter 2017 “impacted by unfavorable scope effects.”
The international offshore rig count in April – meaning active rigs – was 201, an improvement March when the number stood at 197. Year on year, however, the April number shows a drop of 19 units when compared to 220 counted in April 2016. This is according to a monthly rig count provide by the [&hel
Image Courtesy: Cruise Port Zeebrugge/Tibo Deprest MSC Preziosa, a cruise ship owned by Swiss MSC Cruises, has visited Cruise Port Zeebrugge in Belgium for the first time. The 139,072 gross-ton vessel arrived at the port in the afternoon hours of May 4. Sailing from Hamburg, MSC Preziosa, which feat
