News
Statoil increases stake in Barents Sea discovery
Norwegian oil firm Statoil is increasing its share in OMV’s Barents Sea oil discovery – the Wisting. Statoil is acquiring an increased Wisting share through the acquisition of Tullow Oil’s ownership in four blocks offshore Norway. Wisting is located in PL537 in the Barents Sea. “This transaction ref
ESS Orders New Carousel Design from Ardmore Craig
Ecosse Subsea Systems (ESS) has awarded Ardmore Craig with a contract for the design of a carousel and associated spooling spread destined for cable storage activities. The order has been earmarked by a utility company for 40-year storage of a number of spare cable lengths. The carousel will be desi
Novatek secures Yamal licence
Russia’s Novatek, the developer of the giant Yamal LNG project, has won a licence to carry out exploration and production in the Syadorskiy subsoil area of the Yamal Peninsula. Novatek-Yurkharovneftegas, a unit of the independent gas producer won the bid for the Syadorskiy subsoil area for a term of
Nominees for Offshore Energy Public Outreach Award announced
The 3 nominees for the first Offshore Energy Public Outreach Award have been announced. The jury consisting of Sander Vergroesen (Managing Director, IRO), Saskia Tates (Head of Legal and Corporate Affairs ENGIE E&P Nederland BV) and Jaap den Ouden (Den Ouden Waterside Industries BV) found some of th
Australia Pacific LNG strengthens ties with domestic gas market
Australia Pacific LNG on Tuesday signed a 20-year gas transportation agreement with APA Group which includes the construction of a 50-kilometer pipeline connecting APLNG export facility and the Wallumbilla gas supply hub.
Three firms join forces to offer integrated marine ops
Aqualis Offshore, Aptomar, and Kolos Marine have entered into a cooperation that will provide oil companies and rig operators with an integrated offering of marine operations and field monitoring services on the Norwegian Continental Shelf. Under the cooperation agreement, marine and offshore engine
Kongsberg introduces new integrated vessel concepts
Kongsberg Maritime, a global marine technology company, has launched a new portfolio of fully Integrated Vessel Concepts (IVC) designed to harmonize handling, operations and energy systems on a wide range of specific vessel types. Kongsberg said on Tuesday that the concepts are the product of the co
Monadalphous names non-executive director
Australian LNG engineer, Monadelphous, on Tuesday informed it named Helen Gillies as a non-executive director of the company, effective September 5.
Ocean Rig loses drillship
Struggling offshore driller Ocean Rig UDW has amended its credit facility signed with DNB Bank in February 2015 for up to $475 million. To remind, the original loan deal was signed by Ocean Rig’s subsidiary Drillship Alonissos Shareholders, and the owner of the Ocean Rig Apollo drillship, with the c
Windea La Cour Starts Working on Gemini OWF
Following the mobilisation of the Bernhard Schulte Offshore’s Windea La Cour, chartered out to Siemens Wind Power, the new service operation vessel (SOV) sailed out for the first service campaign at the 600MW Gemini wind farm in the Netherlands on 1 September. Windea La Cour is supporting the ongoin
Boxship Fire Extinguished, Burchardkai Running as Normal
The fire service completed its work on board the 2015-built containership CCNI Arauco shortly before midnight on Sunday after the fire, which started aboard the vessel on September 1, had been extinguished, according to Hamburger Hafen und Logistik Aktiengesellschaft (HHLA). The cause of the fire is
New Subsea Company Established in the UK
A new subsea company, dedicated to the offshore energy industry, was officially launched in Bristol, UK, today. Rovco, which is focused on underwater integrity, remotely operated vehicles (ROVs), surveying and subsea services for both oil and gas and renewables sectors, has already secured its first
Offshore Energy 2016: Technical sessions on Decommissioning
Offshore Energy event not only offers an exhibition floor where companies and visitors can do business, network and learn more about products and services, we also offer an extensive conference program. Ten technical sessions, side events, keynotes, the Offshore WIND Conference and much more. Techni
BIMCO: Strong Tanker Freight Market Comes to an End
Lower growth rates for refinery throughput and drawdowns on swollen oil stocks has impacted the seaborne tanker market negatively, according to BIMCO. The refiners and traders, primarily in Asia, have reduced their appetite for crude oil as margins and profits have diminished. Global oil prices came