News
QP president to hold talks with Japanese LNG companies
President of Qatar Petroleum and CEO and Chairman of Qatargas Saad Sherida Al-Kaabi headed to Tokyo to hold discussions with Japanese energy companies.
GALLERY: Greenpeace protests near oil platform offshore Italy
Italian arm of the environmental group Greenpeace was protesting against offshore drilling in Italy on Wednesday. Members of the organization were flying on a paraglider and a flying rubber dinghy near the Vega platform, located in the Sicily channel, 20 kilometers south of Pozzallo, carrying a sign
Ghana: Clontarf, partners submit work program for offshore block
Clontarf, an oil and gas company with assets in Ghana, has informed that proposed work program on the Tano acreage offshore Ghana has been submitted to the Ghanaian authorities in Accra. According to Clontarf, the new work program will form part of the ongoing negotiations regarding the terms of acq
Klaipedos Nafta starts capacity allocation at LNG reloading facility
Klaipedos Nafta said that in preparations to start the operations of its LNG reloading station currently under construction in Klaipeda, the company has started capacity allocation from 2017.
Potential oil output deal prompts another worry: a shortage
By Ron Bousso ISTANBUL (Reuters) – While OPEC and other big crude producers work towards a deal to cap production to erode a glut, industry executives are concerned the sharp drop in investment that followed the oil price crash could lead to another crisis – a supply shortage. Over $1 trillion (£0.8
PGS beats expectations
Petroleum Geo-Services (PGS), a marine geophysical company, has surpassed market expectations after saying on Wednesday it expects to report consolidated 3Q 2016 revenues of approximately $220 million. The company also said it expects to report EBITDA of approximately $110 million for the third quar
ETIPWind’s Research Study Presented to European Commission
European Commission Vice President for Energy Union Maros Sefcovic met with 11 chief technical officers (CTOs) from the wind industry at the beginning of this month at the WindEurope Summit 2016 in Hamburg. CTOs from ABB, Iberdrola, Vestas, DONG Energy and Siemens presented Sefcovic with a new study
RMT to Fight Decline in UK Seafarer Numbers
UK’s National Union of Rail, Maritime and Transport Workers (RMT) has launched a campaign to fight the decline in the number of seafarers in the country. The campaign, SOS 2020, is said to be a “clarion call” for the country’s government and industry to respond to the maritime skills crisis with coo
BBC Colorado Loses Power off Alaska
The 12,742 dwt general cargo vessel BBC Colorado experienced severe engine issues in the Gulf of Alaska on October 5, 2016, the US Coast Guard informed. The master of the 2008-built BBC Colorado reported the engine casualty, which restricted their speed and maneuverability. With forecasted seas of 3
Bechtel completes Curtis Island LNG construction (Video)
LNG-engineer Bechtel on Tuesday said that the construction of the Curtis Island LNG program, near Gladstone in Australia, has been completed with the production start at APLNG’s second liquefaction train.
Head Energy Denmark Bags Siemens Deal
Head Energy Denmark has signed a framework agreement with Siemens Wind Power to provide services for Siemens’ offshore wind projects. “We are very honored that one of the world’s leading Wind Turbine Manufacturers has chosen Head Energy as service provider across a wide range of functional disciplin
Atlas to Hold Offshore Wind Recruitment Day in Lowestoft
Atlas Professionals Offshore Wind team will host a recruitment day on 21 October at the OrbisEnergy Centre in Lowestoft. A variety of positions on global offshore wind projects are currently available, from Site Technicians to Geophysical Engineers. “The recruitment day will focus on Atlas’ global w
EMGS cutting costs. Layoffs imminent
Norwegian seismic acquisition company Electromagnetic Geoservices ASA (EMGS) has announced a reduction in its cost base “in line with a reduced level of activity.” The company said this would lead to layoffs. The company said on Wednesday it would seek a global reduction in employee expenses of appr
PSV Viking Nereus gets new owner
Following a recent announcement by the Norwegian offshore shipping company Eidesvik Offshore regarding an agreement to sell on of its platform supply vessels (PSVs), Eidesvik has delivered the vessel to its new owner. At the end of September, Eidesvik entered into the agreement with an unnamed buyer