News
EU Port Employers Optimistic about Social Dialogue with Workers
Although port employees’ delegations decided to leave the European Social Dialogue for Ports meeting held in Brussels on March 1 due to developments in Spain, employers remain optimistic about the discussion process with workers. “The employers’ delegations regret this decision and wish to remind th
U.S. Senate confirms former Texas governor Perry as Energy Secretary
The U.S. Senate has confirmed former Texas Governor Rick Perry as the 14th Secretary of the United States Department of Energy with a vote of 62 to 37. Perry was nominated to head the department last December. Following the vote, he was sworn in on Thursday, March 2, 2017. According to a statement f
Veresen to spend $30 million on Jordan Cove LNG in 2017
Calgary-based Veresen said the development budget for the Jordan Cove LNG export terminal proposed for Coos Bay, Oregon remains at US$30 million for 2017.
Emas Offshore seeks more time for refinancing
Emas Offshore has sought for an extension from its bankers to wrap up documentation needed for refinancing of its financial obligations and the provision of additional working capital facilities. Emas Offshore Limited (EOL) announced on October 30, 2016, the group has reached in principle agreements
Nigeria files new charges against Shell, Eni, others over 2011 oilfield purchase – court documents
ABUJA (Reuters) – Nigeria’s financial crime watchdog has filed new corruption charges against Royal Dutch Shell <RDSa.L>, Eni <ENI.MI> and others regarding the $1.3 billion purchase of a long-disputed oilfield in 2011, according to court documents released on Thursday. The charges of conspiracy to c
Most UK oil and gas projects typically delivered late, OGA report reveals
A new report by the UK oil and gas industry regulator, the Oil and Gas Authority (OGA), has revealed that less than a quarter of new oil and gas projects on the UK continental shelf (UKCS) have been delivered on time since 2011. The OGA on Friday published a five-year review of major oil and gas [&h
Australia: MUA, Inpex sign Ichthys LNG work arrangement
The Maritime Union of Australia (MUA) signed new work arrangements with Japanese energy giant Inpex on the $34 billion dollar Ichthys LNG project off the north-west coast of Australia.
Danes Launch Offshore Wind-Optimised Drill Ship
Danish engineering consultancy company Geo and shipping company NCT Offshore have launched a new drill ship, named Freja, an S-Class ROV Support DP2 vessel and the only drill ship of its calibre and type in the Nordic countries after the rebuild, according to the companies that marked entering a str
TGS disputes fine ordered due to violations in seismic data sale
TGS, a provider of multi-client geoscience data to oil and gas companies, has challenged a fine ordered by a Norwegian unit against economic and environmental crimes. Namely, on March 2, 2017, Økokrim, the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental C
WorleyParsons clarifies Dar Group share acquisition
Australian LNG engineering company WorleyParsons clarified the recent acquisition of the company’s shares by Dar Al-Handasah Consultants Shair and Partners Holdings (Dar Group).
Brexit Could Have Severe Impact on Gibraltar’s Bunkering
Gibraltar’s bunkering and other port activity could be “severely affected” by any additional border restrictions resulting from Brexit, according to Commodore Bob Sanguinetti, CEO and Captain of the Gibraltar Port Authority. The British overseas territory is one of the Mediterranean’s major bunker p
New work arrangement with Inpex to support 2000 Australian jobs
The Maritime Union of Australia (MUA) has signed new work arrangements with Japanese energy giant Inpex on the $34 billion dollar Ichthys LNG project off the north-west coast of Australia which will support up to 2000 Australian jobs. Inpex recently named the massive offshore facilities destined for
Achema books capacity at Lithuanian LNG terminal
Klaipedos Nafta, the operator of the first Lithuanian LNG terminal allocated regasification capacities of 5.84 billion kWh to the Lithuanian fertilizer producer Achema.
Seaproof to Protect TWB II Inter-Array Cables
Siem Offshore Contractors has awarded Seaproof Solutions with a contract for the design and supply of cable protection systems for the inter-array subsea cables at the Trianel Windpark Borkum II offshore wind farm in Germany.