News
AGDC takes over Alaska LNG project leadership
The Alaska Gasline Development Corporation (AGDC) concluded agreements with ExxonMobil, BP and ConocoPhillips to take over the leadership position in the Alaska LNG project.
Chevron resumes production at Gorgon LNG Train 1
US-based energy giant Chevron resumed production at the first liquefaction train of its US$54 billion Gorgon LNG project on Barrow Island in Western Australia.
Chevron restarts Gorgon train
Energy giant Chevron has resumed production at one of its two production units at the Gorgon LNG plant in Western Australia, following a shutdown in late November 2016. The Barrow Island-located Gorgon project is supplied from the Gorgon and Jansz-Io offshore gas fields. According to information pro
Sif and Smulders Ink Norther OWF Foundation Deal
Van Oord has awarded Sif with a contract for the Norther offshore wind farm in Belgium, under which Sif will produce all 44 monopiles and a pile for the Offshore High Voltage Station (OHVS), as well as all the transition pieces (TPs) in cooperation with Smulders. For the TPs, Sif will produce the pr
Statoil to up exploration activity in 2017
Norwegian energy giant and LNG operator Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30 percent compared to 2016.
Wärtsilä to supply gas-fired power plant to Argentina
Wärtsilä of Finland has been contracted by Methax, a unit of Grupo Galieo, to supply a 40 MW smart power generation plant to Mendoza, Argentina.
New Zealand Oil & Gas exits Kupe field
New Zealand Oil & Gas (NZOG) has completed the sale of its 15 percent interest in the Kupe gas field off Taranaki, New Zealand. To remind, the company decided to sell its stake in the Kupe project to Genesis Energy in November 2016. NZOG said on Wednesday that the transaction was completed on Januar
Tillerson cuts all ties to ExxonMobil to avoid conflict-of-interest
Exxon Mobil Corp reached an agreement with Rex Tillerson, former chairman and CEO, to sever all ties to comply with conflict-of-interest requirements associated with his nomination as secretary of state.
Inpex starts supplying gas through Toyama Line to Hokuriku Factory
Japan’s Inpex Corporation began supplying natural gas to the Hokuriku Factory of Asahi Soft Drinks through the Toyama Line extension completed in June last year.
Sif’s Maasvlakte 2 Operational, Innovation Picks Up Galloper Monopiles
On 2 January, the first four monopiles were loaded from Sif’s Maasvlakte 2 site onto GeoSea’s installation vessel Innovation, which has now put the first section of the new deepwater quay in Port of Rotterdam into operation as it is ready to install the second batch of foundations at the Galloper of
Oil hits 18-month highs as markets eye output cuts
Oil prices hit 18-month highs on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between OPEC and other big oil exporters to cut production, which kicked in on Sunday, will drain a global supply glut.
VIDEO: Storm Urd hits Oseberg platform
The first day after Christmas in Norway was not a merry one by any means of the imagination after the extreme weather system ‘Urd’ reached hurricane strength and hit the Norwegian coast. On Monday, December 26, 2016, the storm hit several locations in the country, leaving 70,000 Norwegians without p
Morocco: ONEE selects advisers for LNG-to-power project
Morocco’s power utility ONEE informed it has selected advisers for the development of the country’s LNG to power project.
PGS Sees Drop in Vessel Activity
Norwegian seismic player, Petroleum Geo-Services (PGS) has seen a further vessel-activity drop in the fourth quarter of 2016. In the Q4 the vessel utilization on the contracted basis was 25 percent compared to 40 percent in the corresponding period in 2015. On the multi-client seismic basis, the ves