Otto Energy’s board of directors has approved the sale of the oil company’s stake in the Galoc Production Company (GPC). GPC is the holder of Otto’s 33% interest in the Galoc oil field, located in Service Contract 14 C1, offshore the Philippines. The company said in a statement that the resolution t
Norwegian Energy Company ASA (Noreco) has informed that production from the Huntington field, located in the UK North Sea, will continue at restricted rates until the end of February at the earliest. The company says that normal operations of the CATS gas transport system, which indirectly restricts
The Takoradi Port dredging program that is paving the way for other projects to follow is progressing as planned and will be completed in two months, according to the Director of the Port, Capt. James Owusu Koranteng. In July 2009, the Ghana Ports and Harbors Authority (GPHA) announced a $450 millio
LNG Hrvatska, a state company responsible for setting up the LNG receiving, storage and regasification facilities on the Croatian island of Krk, received eight bids for advisory services on the LNG project.
LNG Hrvatska, a state company responsible for setting up the LNG receiving, storage and regasification facilities on the Croatian island of Krk, received eight bids for advisory services on the LNG project.
Three First Nations have joined the growing support for liquefied natural gas development in B.C. through natural gas pipeline benefits agreements signed with the Province.
Three First Nations have joined the growing support for liquefied natural gas development in B.C. through natural gas pipeline benefits agreements signed with the Province.
The trailing suction hopper dredger ‘Leiv Eiriksson’ has arrived in the Maldives and is ready to carry out the dredging and reclamation work of Hulhumalé Phase II. This mega hopper with a capacity of 46,000 m³ arrived in the Maldives on January 10th. But before the vessel could begin operations, the
Swedish defence and security company Saab is teaming up with Dutch shipbuilder Damen Shipyards Group to explore future opportunities in the international submarine market. The companies have signed an exclusive teaming agreement to work together in pursuit of the potential Walrus-class submarine rep
The Florida Department of Environmental Protection has issued a permit to the Port St. Joe Port Authority allowing the dredging of the port’s navigational channel to the maximum authorized depth of 37 feet. “This is a huge hurdle that has been cleared. What a great opportunity that has presented its
Petrolia’s subsidiary, Petrolia Norway AS, has announced that drilling of exploration well 26/10-1 in PL674BS, offshore Norway, has started. The well will investigate the hydrocarbon potential of the Zulu prospect in PL674BS, located 100 km west of Stavanger on the Norwegian west coast and approxima
GE’s Power Conversion business said that it had received a new order from Kawasaki Heavy Industries for electric power and propulsion systems for two LNG carriers.
GE’s Power Conversion business said that it had received a new order from Kawasaki Heavy Industries for electric power and propulsion systems for two LNG carriers.
Siem Offshore and Daya Materials Bhd. entered into an agreement in August 2014 for the sale of the two Offshore Subsea Construction Vessels (OSCVs) ”Siem Daya 1” and ”Siem Daya 2” at a total price of USD 282 million. Daya has paid a deposit of USD 1.4 million in aggregate on the vessels, and has [&h
