News
Global Wind Service Ready for Block Island OWF Work
Global Wind Service (GWS) is starting up the Block Island Wind Farm project after making the preparations to deliver manpower, tools and safety equipment. “We are very proud to be a part of bringing offshore wind to the U.S. and we see great future opportunities for their growing offshore wind indus
Report: Argentina to stop LNG imports in six years
Argentina is planning to stop LNG imports in the following years as the domestic gas production rises, according to the country’s president Mauricio Macri.
COWI Backs BAM on Blyth Gig
COWI has been providing assistance with geotechnical interpretation and load definition to BAM Infraconsult, which is in charge of the design of gravity base foundations, to be used on Blyth Offshore Demonstrator offshore wind project. The foundation design will utilise ‘self-installing’ technology,
Brexit could provide boost for Britain’s shale gas
By Karolin Schaps LONDON (Reuters) – Britain’s shale gas industry could get a helping hand from a falling pound and a supportive new prime minister just as it is gearing up for its first production this year, after facing economic and political challenges that slowed its start. The British pound’s w
Gazprom Export sets up third gas auction
Gazprom Export said on Thursday it intends to carry out its third gas auction for supplying Russian gas to Europe during winter season 2016/2017, from August 31 to September 2.
Woodside buys Senegal assets from ConocoPhillips
Australia’s largest LNG operator Woodside said it has agreed to buy ConocoPhillips’ stake in three exploration blocks, offshore the coast of Senegal for up to $430 million. Under the purchase and sale agreement, Woodside will acquire 100% of the shares in ConocoPhillips Senegal B.V. which holds a 35
Marathon Oil Achieves First Gas from Alba B3 Platform
Marathon Oil Corporation has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea. “The Alba B3 compression project will allow us to maintain plateau production for the next two years, mitigating base decline, while extending the Alba field’s life
Danish Shipowners Eyeing Future Offshore Wind Opportunities
Following the publication of OECD’s “The Ocean Economy in 2030” report, which shows that the offshore wind market will see strong growth by 2030, Danish Shipowners’ Association has called for extending sailor tax for wind turbine vessels, so that Denmark can maintain its leading position in the fiel
Danish Shipowners Eyeing Future Offshore Wind Opportunities
Following the publication of OECD’s “The Ocean Economy in 2030” report, which shows that the offshore wind market will see strong growth by 2030, Danish Shipowners’ Association has called for extending sailor tax for wind turbine vessels, so that Denmark can maintain its leading position in the fiel
Investment firm pays record fine for violations during Baker Hughes-Halliburton merger
ValueAct Capital, an investment firm, has agreed to pay a $11 million settlement for violating the premerger reporting violations related to the now failed Halliburton-Baker Hughes merger. World’s second and third largest oilfield services providers Halliburton and Baker Hughes in November 2014 said
Fitch: traditional gas market under pressure from LNG
Europe’s traditional gas suppliers such as Gazprom could come under market pressure, especially from the liquefied natural gas market, according to Fitch Ratings.
BP’s Tambar platform cleared for use until 2022
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has given consent to BP Norge to extend the use of the Tambar platform in the North Sea until January 2022. PSA said on Wednesday that the consent has been granted based on BP Norge’s documentation of assessments which conclud
RMT workers vote for strike in North Sea
The UK’s RMT union workers employed by Wood Group have reportedly voted in favor of a strike action proposal. Available info shows that Wood Group oil rig workers within RMT have overwhelmingly voted in favor of a strike, as well as in favor of an action short of a strike. According to a message see
BP seeks more time to prepare plan for drilling in Great Australian Bight
Oil giant BP has asked for more time from the Australian offshore petroleum regulator NOPSEMA to re-submit the company’s environment plan for exploration drilling in the Great Australian Bight. To remind, on May 16, 2016, NOPSEMA provided BP an opportunity to modify and re-submit the environment pla