News
NorSea gets job to store ‘Johan Sverdrup’ pipelines
Norway’s NorSea Group has secured a contract with Norway’s largest oil firm Statoil, to provide intermediate storage for the export pipelines to be installed at the giant Johan Sverdrup field, off Norway. The company said that the value of the contract was close to NOK 80 million ($9.7 million). Und
Höegh LNG Partners Q2 net income slips
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s Höegh LNG, reported a 75.2 percent drop in its net income in the second quarter of this year. The MLP reported net income for the three months ended June 30 of $4.1 million, as compared to $16.4 million in the corresponding
Lax Kw’alaams Band to continue discussions over PNW LNG project
Lax Kw’alaams Band voted in favour of continuing to pursue LNG development and discussions with the province of British Columbia and the industry.
VIDEO: Statoil’s Njord A platform comes home
The Njord A platform, normally producing oil from the Njord field in the Norwegian Sea, has been towed ashore. Statoil on Friday said that the platform arrived at Kvaerner Stord on Thursday, where it will be reinforced and renovated for production beyond 2030. The Njord A was towed by AHTS Magne Vik
Technical Session: Subsea processing / infrastructure
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. One of
Picture of the day: Ichthys LNG project 87 pct complete
Inpex-operated multi-billion dollar Ichthys LNG project in Western Australia is on target for first production in the third quarter of 2017. The construction of the LNG export project is 87 percent complete, Japans’ Inpex said through its social media on Friday. One of the world’s largest LNG develo
Video: BP’s British Merchant LNG carrier transiting Panama Canal
BP’s British Merchant was the second liquefied natural gas carrier to through the newly expanded Panama Canal.
MeyGen project components readying for installation (photos)
Another Andritz 1.5MW tidal turbine has left the factory, with foundation stabs and a massive cable management system currently being mobilised for the MeyGen project, according to Atlantis Resources’ social media pages.
Byron buys used offshore platform for Gulf of Mexico discovery
Byron Energy, an oil company operating in the U.S. Gulf of Mexico has signed a deal to buy a production facility through which it will develop its gas discovery offshore Louisiana. According to Byron, the company will buy from Laredo Construction a used tripod jacket, decks, helideck, boat landing a
American LNG granted blanket LNG export permit
The United States Department of Energy issued an order granting American LNG Marketing blanket authorization to export LNG from its Hialeah facility in Medley, Florida.
Oil prices fall as Saudi Arabia dampens prospects of output freeze
Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks next month, and as analysts pointed to an ongoing supply overhang that was weighing on markets.
Eni, PDVSA in talks over 2nd phase of giant gas field development
Venezuela’s energy minister and president of oil company PDVSA Eulogio Del Pino met with Claudio Descalzi, CEO of Italian oil company Eni to agree on the necessary conditions to develop infrastructure to produce more gas and condensate from Cardon IV block at the Gulf of Venezuela. The Cardon IV blo
EIA: Henry Hub price rises
Natural gas spot prices in the United States rose at most locations in the week ending August 24, the Energy Information Administration said in its weekly report. The Henry Hub spot price rose 6¢ from $2.71/MMBtu last Wednesday to $2.77/MMBtu two days ago, the EIA said in its report issued on Thursd
Vaalco: Production resumes from Avouma well (Gabon)
Vaalco Energy, Inc. has informed that the secondary electric submersible pump (ESP) in the Avouma 2-H well on the Avouma Platform offshore Gabon in the Etame Marin Permit was recently started and the well is now producing at a stable rate. The company previously reported that the primary ESP failed