News
Lekoil secures $15M advance payment facility with Shell
Nigeria-based oil and gas company Lekoil has secured an advance payment facility of $15 million from Shell Western Supply and Trading Limited, a member of the Royal Dutch Shell group. Lekoil said on Friday that the deal payment facility with Shell was agreed with its wholly owned subsidiary Lekoil O
Shell inaugurates new technology centre in India
The Hague-based LNG giant Shell on Friday opened a new technology hub in Bangalore, India, expanding the company’s research and development activities in Asia. The 52-acre, custom built technology centre can house up to 1,500 experts working collaboratively on projects worldwide. Shell Technology Ce
Emas hit with two charter claims
Emas Offshore is now being pressed to pay its debts arising from charter terminations for two vessels, the Lewek Toucan and the Lewek Pelican. On March 17 Emas received charter terminations for the two vessels from its respective owners, Seabird Penguin Offshore Limited and Seabird Pelican Offshore,
Get Your Photo on the Cover of Offshore WIND Vessel Directory 2017!
The new and updated edition of the Offshore WIND Vessel Directory will be launched at Seawork International in June: the Offshore WIND Vessel Directory 2017.
MacArtney Equips Freja for Offshore Wind Ops
Following the recent launch of a new drill ship Freja in Denmark, MacArtney informed that it had provided a turnkey solution for the vessel, enabling the execution of advanced geotechnical drilling techniques and site investigations in water depths of up to 60m.
MacArtney Equips Freja for Offshore Wind Ops
Following the recent launch of a new drill ship Freja in Denmark, MacArtney informed that it had provided a turnkey solution for the vessel, enabling the execution of advanced geotechnical drilling techniques and site investigations in water depths of up to 60m.
Eco Atlantic hopes to mirror Exxon’s Guyana success
Following ExxonMobil’s announcement on Thursday of yet another oil discovery offshore Guyana, a company with acreage close to Exxon’s hopes to mirror the Texan firm’s success. Eco Atlantic, an oil and gas exploration company with licences in Guyana and Namibia, said it noted ExxonMobil’s statement o
Gazprom Neft, ONGC Videsh sign joint offshore exploration deal
Gazprom’s subsidiary, Gazprom Neft, has signed a memorandum of understanding with India’s ONGC Videsh on joint implementation of offshore projects. Gazprom Neft and ONGC Videsh, a subsidiary of India’s Oil and Natural Gas Corporation, signed the deal in the presence of the Russian Minister of Energy
IOG gains more time to close Southern North Sea pipeline buy
Independent Oil and Gas (IOG) has moved closer to signing the sale and purchase agreement (SPA) for the UK Southern North Sea (SNS) pipeline which is expected to be used to deliver the company’s gas to shore. To remind, the company signed a memorandum of understanding for the acquisition of the curr
Africa Energy pulls the plug on Namibian block farm-in
Canadian oil and gas exploration company Africa Energy Corp. has terminated a farm-out agreement with a subsidiary of Pancontinental Oil & Gas to acquire a 10% participating interest in Petroleum Exploration License 37 offshore Namibia (PEL 37). To remind, the two companies entered the farm-out agre
Exmar to take delivery of Caribbean FLNG in April, cancels order for 2nd unit
Belgium’s Exmar, the Nicolas Savery-led shipowner said it will take delivery of its Caribbean FLNG by the end of next month. The Caribbean FLNG is currently located at the Wison Offshore & Marine’s yard in Nantong, China. The 0.5 mtpa FLNG unit, with a 16,100-cbm storage capacity, was scheduled for
Unions: Spanish Gov’t Boycotts Dockers & Employers’ Deal
Spanish government has again boycotted a deal reached between the country’s stevedores and their employers, according to a joint statement from unions Coordinadora and Federación de Trabajadores Portuarios (FTP). After intense meetings, port companies’ association Anesco and trade unions have reache
Harren & Partner to Manage Wind Lift I Jack-Up Vessel
Bremen-based shipping company Harren & Partner is set to become technical manager of Wind Lift I. The company’s Offshore Department headed by Robert Fowler will be responsible for managing the jack-up vessel starting from April.
Exxon makes another discovery offshore Guyana
U.S. oil giant Exxon Mobil is at it again. The company on Thursday announced “positive results” on the Snoek well offshore Guyana, confirming a new – third – discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara, Exxon sa