News
Eni approves Coral FLNG investment plan
Eni of Italy has approved the investment plan for the first phase of the development of the Coral gas discovery in the Rovuma Basin (Area 4), offshore Mozambique.
Petrobras approves sale of Liquigás
State-owned Petrobras’s board of directors has given a green light for the sale of LPG distribution unit, Liquigás Distribuidora, to Companhia Ultragaz, a subsidiary of Ultrapar Participações.
Ophir shuffles board committee membership
London-based Ophir Energy on Friday said it has made a number of changes to the membership of its board committees.
Siem Offshore Contractors Nets Hornsea One Gig
DONG Energy has awarded Siem Offshore Contractors (SOC) with a contract for the transport and installation of parts of the inner-array grid cable system for the 1.2GW Hornsea Project One offshore wind farm. SOC’s scope of work includes the installation of 81 submarine composite cables as well as the
Siemens Subsea cutting jobs in UK and Norway
Siemens Subsea is set to lay off more than 150 people in the UK and Norway combined, citing a lack of new orders due to low oil prices. The company on Thursday said 95 positions in Norway and 60 employees in the UK would be affected. In its statement, Siemens Subsea said that the drop […]
South Boats, Alicat Workboats Launch Iceni Defender
South Boats IOW and Alicat Workboats launched the Iceni Defender yesterday. Iceni Marine Services ordered the 23-metre crew transfer vessel (CTV) from South Boats IOW and Alicat Workboats in February 2016, with an option for further two vessels. The vessel features twin MAN V12-1400 main engines cou
South Asian Yards Break 85 Pct of End-of-Life Ships in 3Q
Out of the 144 end-of-life ships which were sold for breaking in the third quarter of 2016, 85 percent ended up on South Asian beaches, according to the data collected and analysed by the NGO Shipbreaking Platform. This percentage of shipbreaking activities in Bangladesh, Pakistan and India made thi
Are You in the Offshore WIND International Business Guide?
The Offshore WIND International Business Guide (IBG) is the definitive reference book for the offshore wind industry, your industry. A detailed guide with a clean A-Z index and a sectored directory in the back to enables your clients to quickly find you. Whether you make the key decisions in the ind
Atlantic Petroleum’s Orlando field sale falls through
Atlantic Petroleum’s previously announced deal to sell its stake in the Orlando oil field in the North Sea to Bridge Petroleum, has fallen through. Bridge Petroleum has now told Atlantic Petroleum that it is “unable to complete the transaction under the SPA for 25% of the Orlando asset. “ The initia
VIDEO: Building ‘Mother of the Wind’
Veja Mate is a deity in Latvian mythology whose name translates to “Mother of the Wind” what might be considered a very appropriate name for the 402MW offshore wind farm being built some 100km off the coast in the German sector of the North Sea. The foundation installation at the Veja Mate site invo
VIDEO: Building ‘Mother of the Wind’
Veja Mate is a deity in Latvian mythology whose name translates to “Mother of the Wind” what might be considered a very appropriate name for the 402MW offshore wind farm being built some 100km off the coast in the German sector of the North Sea. The foundation installation at the Veja Mate site invo
Höegh LNG Partners third quarter profit soars
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s Höegh LNG, reported a significant rise in its net profit for the third quarter of 2016.
South Korean October LNG imports rise 9.4 pct YoY
Imports of liquefied natural gas (LNG) by South Korea, the world’s second-largest buyer of the chilled fuel, rose 9.4 percent year-on-year in October, according to the customs data.
Report: OMV’s Wisting discovery might hold more than 1B barrels of oil
Austrian OMV has reportedly upped initial size estimates of its Wisting discovery, sitting in the Barents Sea, offshore Norway. According to Reuters, OMV’s Norway boss David Latin said at an energy conference on Thursday that the Wisting project might contain more than one billion barrels of oil. To