News
ALE Starts Load-Out of Navantia’s Wikinger Jackets
Heavy-lifting specialists ALE today reported that it had performed the first load-out of jacket foundations for the Wikinger offshore wind farm. The first jacket, weighing 625t, was loaded-out using self-propelled modular transporters (SPMTs) and a CC8800 crawler crane in Ferrol, Spain. ALE has been
BP gains nod for life extension of Tambar platform
The Norwegian Petroleum Directorate (NPD) has given the green light to BP to use the platform on the Tambar field in the North Sea offshore Norway until January 1, 2022. The NPD, a government agency whose task is to manage the oil and gas resources on the Norwegian Continental Shelf, said that this
ClassNK: Fire Safety Issues Main Reason for Ship Detentions
Fire safety-related defficiencies are still the main reason ships are detained, according to the report on Port State Control (PSC) for 2015 issued by Japanese classification society ClassNK. Moreover, international safety management (ISM), emergency systems and lifesaving appliances remain major it
EIA: Henry Hub price drops
Natural gas spot prices at the Henry Hub in the United States ended five weeks of increases, falling by 18¢ from last Wednesday, the Energy Information Administration said in its weekly report. The prices have dropped from $2.93/MMBtu last Wednesday to $2.75/MMBtu on Wednesday this week, the EIA sai
Prosafe puts off flotel delivery amid refinancing efforts
Semi-submersible accommodation vessels operator, Prosafe, on Thursday announced the terms of a proposed comprehensive refinancing that include the deferral of the company’s latest newbuild flotel. According to Prosafe, if completed, the refinancing will provide greater financial flexibility for the
Union breaks off oil service pay talks (Norway)
The Norwegian Union of Industry and Energy Workers (Industri Energi) has notified the Norwegian Oil and Gas Association that it is breaking off negotiations on pay and conditions under the oil service agreement. To remind, Industri Energi opted to postpone negotiations scheduled for early June until
Searcher Seismic in Buscador seismic survey (Mexico)
Searcher Seismic has informed the BGP Pioneer seismic vessel has started acquisition of the Buscador Near-Shore 2D Seismic Survey, offshore Mexico. The project comprises 11,200 km of high quality, long-offset 2D data and specifically targets the near shore areas covering rounds 2, 3 and 4. The data,
Port of Melbourne Sale Enters Second Round
The sale of Australia’s port of Melbourne has entered the second round as the letters with details on the second stage of the process were sent out on Friday, The Australian reported. The bidders for the second round of the sale of a 50-year lease of the Port of Melbourne include two local bidding c
Driftwood LNG files draft resource reports with FERC
Driftwood LNG on Wednesday filed draft resource reports 1 and 10 with the Federal Energy Regulatory Commission for its proposed LNG export terminal in Calcasieu Parish, Louisiana.
KGLNG given environmental clearance for Indian FSRU
Krishna Godavari LNG Terminal recently received the approval from the Ministry of environment, forest and climate change to develop the offshore LNG FSRU at Kakinada Deep Water port in Andhra Pradesh.
BW Offshore Secures Extension for Espoir Ivoirien FPSO from CNR
CNR International has exercised option to extend the fixed term of the lease contract for floating production storage and offloading vessel (FPSO) Espoir Ivoirien. The contract extension is from 2017 to 2022, BW Offshore informed. The terms are based on existing extension options, with some adjustme
Shell takes sacked UK workers overseas service tax breaks
Royal Dutch Shell has changed its redundancy terms so it can claim tax refunds that some UK workers would otherwise have been able to claim on redundancy payments, internal documents seen by Reuters show.
Novatek’s gas production climbs
Novatek, operator of the giant Yamal LNG project in Russia, reported on Friday a rise of 2.2% in its gas production in the first half of this year. Russia’s No. 2 gas producer said in its preliminary report that marketable production totaled 33.76 billion cubic meters (bcm) of natural gas in the fir
UK promises to support investments in Scotland’s offshore oil & gas
The Scottish Government’s Cabinet Secretary for the Economy, Keith Brown, has welcomed assurances he has secured from the UK Treasury that more will be done to support investment in offshore oil and gas infrastructure in the North Sea. According to the Scottish Government’s press release on Friday,