News
Israel’s Delek buys stake in Faroe
Israeli conglomerate Delek Group has bought 13.18% of the share capital of Faroe Petroleum from Dana Petroleum as part of its strategy to extend its international activities in the energy field. According to the purchase agreement, Delek bought all the Faroe shares Dana owned, in total 48,055,825 or
Rosmorport Announces Azov-Don Dredging Tender
Federal State Unitary Enterprise (FSUE) Rosmorport has invited bidders to submit their offers for the Azov-Don Seaway Canal dredging project. This cleanup scheme will include maintenance dredging operations on the sea parts of the Azov-Don Seaway Canal in 2017. According to the FSUE Rosmorport’s ann
Euroseas Sells Bulker for Scrap, Adds Feeder
Greek owner and operator of dry bulk and container carrier vessels Euroseas Ltd. has reached an agreement to sell one of its dry bulk carriers, the 72,119 dwt MV Eleni, for scrap. The company said that the 1997-built ship is the oldest dry bulk vessel in the company’s fleet and is expected to be del
Trident Energy looks to invest in Southeast Asia oil and gas assets
By Jessica Jaganathan SINGAPORE (Reuters) – Private equity-backed Trident Energy will scour for oil and gas assets in Southeast Asia, with a focus on mid-life producing assets that can be redeveloped to create value, a senior executive told Reuters. Set up by former senior executives of independent
Waterking Amphibious Excavator Ready for Zuidlaardermeer
Waterking, a Dutch company involved in the production of amphibious excavators, has just introduced a complete new range 30/35 ton class amphibious machine. The WK 300 NG-5 is the first excavator equipped with the latest Tier4 Scania motor with an engine power of 270 PK, the company said in its anno
Eni bags two new exploration blocks off Egypt
Italian oil company Eni has signed two new concession agreements for the North El Hammad and North Ras El Esh blocks, located in the shallow waters in the Egyptian Mediterranean Sea. Eni said on Tuesday that these two concession agreements were signed as a result of the EGAS 2015 international bid r
Eni’s Goliat passes environmental data collection test
Norway’s Petroleum Safety Authority (PSA) has carried out an audit of environmental data collection at Eni’s Goliat FPSO in the Barents Sea, off Norway. The regulations instruct the companies to equip the facilities with instrumentation for recording environmental data of potential significance for
Energean closes acquisition of two Israeli gas fields
Delek Group informed that the sale of the rights in the I/16 Tanin and I/17 Karish leases to Energean Oil & Gas has been closed.
Bowleven board member leaves following restructuring
Bowleven, an oil and gas exploration group focused on Africa, has informed that its Exploration Director and board member is leaving the company. The company said on Wednesday that, following the recent restructuring of the business, Ed Willett is leaving the company by mutual agreement to pursue ot
OMS Inspects Aasta Hansteen Pull Tubes
OMS have recently completed remote measurement and inspection of a number of 230 metre long pull tubes for Statoil’s deepwater Aasta Hansteen SPAR project, which at 1,300 metres below sea level is the first of its kind in the Norwegian Sea. Manufactured by Hyundai Heavy Industries in South Korea at
QED Naval hires Cimpina to build Subhub
QED Naval has awarded a contract to an engineering company Cimpina to build the Subhub tidal platform.
Petrobras terminates Golar Spirit FSRU charter early
Golar LNG Partners said that it has received notice of early termination of the Golar Spirit FSRU charter contract from Petrobras.
Petrobras ends Golar’s FSRU contract
Brazilian oil company Petrobras has terminated early a charter contract with Golar LNG for the Golar Spirit FSRU. The company’s 1981-built floating, storage, and regasification unit (FSRU) Golar Spirit has been on hire in Brazil since 2008 and operating since 2009, under a 10-year contract with Petr
ORPC Ireland recruits for Mechanical Engineer
ORPC Ireland is seeking to add a Mechanical Engineer to its team who would work on the design of marine hydrokinetic turbine system.