Spanish LNG terminal operator, Enagás reported a net profit of €102.8 million (US$111.9 million) in the first quarter of 2017.
Petrofac has secured several contracts in Iraq during the first quarter of the year. In a statement on Tuesday, the company said the contracts were worth more than $70 million and were for engineering, operations and maintenance services in Iraq. Petrofac’s Engineering and Production Services’ (EPS)
TechnipFMC’s new diving support vessel (DSV) Deep Explorer is preparing for its first project, the company informed through social media. It hasn’t been yet confirmed which project the DSV, purpose-designed for subsea projects in the North Sea and Canada markets, will be engaged in. TechnipFMC added
European Union member states approved the European Commission’s proposal to invest €22.1 million in the development of transport and energy infrastructure through its Connecting Europe Facility (CEF).
The Panama Canal Authority (ACP) has modified fuel requirements for vessels entering the canal waters. According to changes, ships intending to traverse the waterway that need to anchor at the Pacific or Atlantic Anchorages prior to their transits or vessels that plan to call at the Pacific or Atlan
The Norwegian Petroleum Directorate (NPD), a government agency responsible for regulation of petroleum resources, is expecting a new record in the number of exploration wells in the Barents Sea this year. According to the agency, fifteen wells are slated for drilling, which is two more than in the r
It’s only a few days to go until the Offshore Technology Conference (OTC) kicks off in Houston. The Offshore Energy Today and OEEC teams will go ‘on tour’ and look forward to the buzz and to meet new people. The team will be present at the event for the 8th year in a row and […]
Aqualis Offshore, part of Oslo-listed Aqualis has been contracted by the South Korean Oceanus to provide specialist floatover services for an LNG regasification platform topside offshore Bahrain.
Australian ship designer Incat Crowther has won a contract with Legacy Marine Group of Port Elizabeth, South Africa, for the design of two new 18-meter catamaran dive support vessels (DSVs). Incat Crowther said on Monday that the new DSVs would be built for Stapem Offshore for operation in the coast
The Norwegian Petroleum Directorate has released preliminary production figures for March 2017 show an average daily production of 2 145 000 barrels of oil, NGL and condensate, which is an increase of 63 000 barrels per day (approx. 3 percent) compared to February. The oil production is about 8.0 pe
The survey vessel Proteus of Liverpool is carrying out geophysical survey operations in and around the Gwynt y Môr offshore wind farm.
The survey vessel Proteus of Liverpool is carrying out geophysical survey operations in and around the Gwynt y Môr offshore wind farm.
Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipper, saw its first-quarter net profit fall 20.4 percent. Nakilat reported a first-quarter net profit of 191 million riyals ($50.92m), compared with 240 million riyals in the same period last year. The Doha-based LNG shipping giant
Five European energy companies, Shell, Engie, OMV, Uniper and Wintershall signed financing agreements with Nord Stream 2, the company responsible for planning, construction and future operation of the Nord Stream 2 pipeline.