News
Offshore safety body looks into Maria field pipeline fabrication
Norway’s offshore safety body, the Petroleum Safety Authority (PSA), has found two improvement points during its audit of Wintershall’s pipeline fabrication management for the Maria field, off Norway. Wintershall Norge is the operator of the Maria field, located approximately 20 kilometers east of t
All eyes on the Dutch
By the end of this day we will know who has won the Dutch elections. According to the polls yesterday current prime minister Mark Rutte of the liberal VVD is perceived to ‘beat’ nationalist and anti-Islam campaigner Geert Wilders of the PVV. However, recent history has shown that strange things can
Update: USCG Reopens Port of Virginia
The United States Coast Guard (USCG) reopened the Port of Virginia in the morning hours of March 14 (local time), after it was closed due to forecasted winds of up to 50 knots. “The Port of Virginia is now open without restrictions,” Capt. Rick Wester, captain of the port, said. “However, as long as
Baltic Sea LNG bunkering project kicks off
The Blue Baltics project, aiming to develop and establish an LNG bunkering network in the Baltic Sea and corresponding European region, kicked off on Tuesday, March 14, according to the Innovation and Networks Executive Agency (INEA).
Australia: Curtis Island LNG projects urged to help domestic gas market
Australia is in urgent need of new and diverse sources of gas supply into the domestic market, the country’s Competition & Consumer Commission chairman Rod Sims, said urging the LNG producers to support the domestic market.
Port of Helsinki Opens West Terminal 2
Finnish Port of Helsinki opened West Terminal 2, a new terminal designed for fast scheduled ferries, on February 27. The West Terminal 2 project, which included the construction of the new terminal building and its quays, passenger bridges and corridors, field areas and roads, as well as the improve
Sea Installer Gearing Up for Race Bank
Ahead of the turbine installation at the Race Bank offshore wind farm, due to start at the end of April, A2SEA’s jack-up vessel Sea Installer has been fitted with four massive adapter rings for wind turbine tower sea fastening.
Somali Pirates Hijack First Vessel since 2012
The Somali pirates have hijacked a Comoros-flagged bunkering tanker while it was sailing near the Horn of Africa, marking the pirates’ first commercial vessel hijack since 2012. The vessel in question is the 1990-built tanker Aris 13 which sent a distress call, turned off its tracking system and cha
Petronas reports higher profits
Malaysian energy giant Petronas reported a rise in its full year and fourth quarter profits despite the low oil prices and a challenging market environment.
UK union ‘concerned’ over Wood Group-AmecFW merger
UK’s offshore union Unite wants full disclosure on any employment plans that are part of Wood Group’s planned takeover of oil and gas operator Amec Foster Wheeler announced on Monday. UK-based energy services company Wood Group made a $2.7 billion worth offer to acquire its compatriot consultancy, e
Tokyo Gas sales drop in February
Japan’s biggest city gas supplier, Tokyo Gas said its natural gas sales during February 2017 dropped 1.5 percent compared to the corresponding month a year before.
CGG Amends ‘Oceanic Champion’ Deal
French seismic survey specialist CGG has entered into an agreement with its Norwegian subsidiary Exploration Investment Resources II to reduce the cash cost of the charter agreement for the ‘Oceanic Champion’ vessel. The Oceanic Champion is an active seismic vessel, and the reduction rate will be co
Oil hovers near three-month lows as investors await data
By Aaron Sheldrick TOKYO (Reuters) – Crude oil prices hovered near three-month lows on Tuesday, with investors waiting for key reports and data that may shed light on a supply overhang in the global market. U.S. West Texas Intermediate crude (WTI) <CLc1> was down 7 cents at $48.33 a barrel, as of 07
CGG cuts seismic vessel charter costs
French geophysical company CGG has decided to reduce vessel charter cash costs for the seismic vessel Oceanic Champion while under strict cost and cash management. The geophysical company said on Tuesday that, in line with the agreements announced in January regarding three vessels, the Viking Vanqu