News
Hyperdynamics gets Guinea extension. Drilling set for 2017
Hyperdynamics, an oil and gas operator focused on developing its asset offshore Guinea, has signed a one-year extension to the 2006 production sharing contract with the government of Guinea. The extension and amendments to the original PSC have yet to be approved by the decree of the country’s presi
The Brits are coming to Offshore Energy in Amsterdam
Offshore Energy Exhibition & Conference (OEEC) is proud to welcome the UK pavilion to this year’s event. The Department for International Trade (DIT), responsible for promoting British trade across the world, is organizing a trade mission to the Netherlands and will participate in both OEEC and the
Australia: NOPSEMA needs more time to assess BP’s drilling plan
Australian oil and gas safety body National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) will be taking more time to assess BP’s proposed drilling plan for the Great Australian Bight. BP submitted its second drilling plan in August after its first one that had proposed
Ex-Golar LNG CEO joins Methanex BoD
Vancouver-based Methanex, the world’s largest supplier of methanol on Thursday said it has appointed former Golar LNG chief executive officer, Doug Arnell to its board of directors. Arnell was CEO of LNG shipping giant Golar LNG from 2010 until 2015, and continues to act as a senior advisor and dire
Ramtech completes Cameron LNG office building
Ramtech Building Systems said it has completed the 16,800 square foot permanent modular office building for the Cameron LNG project in Hackberry, Louisiana.
C-Ventus Joins Rope Access Roof Organisation
C-Ventus Offshore Windfarm Services has become an operational member of the Industrial Rope Access Trade Organization (IRATA). C-Ventus is a provider of project and marine operations management, export and inter-array cable pull-ins, shore-landings, pre- and post-installation surveys, UXO remediatio
DONG to Hold Hornsea One Community Events
DONG Energy will hold two community events in Grimsby and Stallingborough to give local people a chance to find out more about the Hornsea Project One offshore wind farm. When built, the 1.2GW Hornsea Project One will be the world’s largest offshore wind farm by a considerable margin, capable of pro
Rockhopper says Sea Lion costs slashed. Takes note of UK, Argentina deal
Rockhopper, an independent oil and gas company working in partnership with Premier Oil to bring online the Sea Lion field, located offshore the Falkland Islands, has said the costs have been cut down significantly at the project. As the partners are working through the front end engineering design (
UK Greenlights £18Bn Nuclear Power Project; Offshore Wind Referred as Better Option
The UK government today gave the green light for the construction of Hinkley Point C, an GBP 18 billion nuclear power plant developed by EDF, which will take 10 years to be built and will have a lifespan of 35 years. “The Contract for Difference would provide a set price of £92.50 per megawatt hour
UK Greenlights £18Bn Nuclear Power Project; Offshore Wind Referred as Better Option
The UK government today gave the green light for the construction of Hinkley Point C, an GBP 18 billion nuclear power plant developed by EDF, which will take 10 years to be built and will have a lifespan of 35 years. “The Contract for Difference would provide a set price of £92.50 per megawatt hour
Statoil inks small-scale LNG cooperation deal with Lithuanian duo
Lithuanian natural gas trading companies Litgas and Lietuvos Dujų Tiekimas, both part of Lietuvos Energija, on Thursday signed an agreement with Norway’s Statoil to boost the development of the small-scale LNG market in the Baltic region. The deal enables “reliable and flexible wholesale LNG supplie
Ophir reports $70 million pre-tax loss in H1
London-based Ophir Energy, the developer of the Fortuna FLNG project in Equatorial Guinea, on Thursday, reported a pre-tax loss of US$70 million in the first half of 2016.
BP has no plans to raise annual investments this decade -CEO
By Caroline Stauffer, Luc Cohen and Juliana Castilla BUENOS AIRES (Reuters) – BP <BP.L> does not plan to increase annual investments this decade but still expects to bring nine new projects online in 2017 as it focuses on improving efficiency, Chief Executive Bob Dudley said in an interview on Wedne
Oakland Becomes Part of Asia-US Shipping Route
A Transpacific shipping route linking Asia and the US will add weekly US Port of Oakland stops, beginning on November 6, 2016. With this move, Oakland will become the sixth stop in the Calco-C service, which is expected to bring an additional 50 vessel arrivals to the port on an annual basis. This c