UK-based Serica Energy and oil major BP remain fully committed to completing the transfer of operatorship over the Rhum field in the UK North Sea despite reimposed U.S. sanctions towards Iran. Meanwhile, BP has decided to delay its well intervention plans until the situation is clarified. The Rhum f
Van Oord has unveiled its subsea rock installation (SRI) vessel Bravenes at the Wilhelminakade in Rotterdam on Monday. The SRI vessel Bravenes was christened by Yvon van Oord-Barbier, the wife of CEO Pieter van Oord. The Bravenes is the third vessel to join Van Oord’s SRI fleet. SRI vessels stabiliz
The IMO MSC has approved a joint Danish-Swedish proposal for new ship routes in Kattegat and Skagerrak.
Russian gas giant Gazprom said it has built over 1,790 kilometers of its Power of Siberia pipeline, reaching over 83 percent.
Following Crown Estate Scotland’s recent proposals to lease seabed for new offshore wind projects that would be built in the Scottish waters from the late 2020s, the UK offshore wind industry has shown its support emphasizing the positive impact the new sites would have on the country.
ICS fears ‘sulphur cap chaos’ unless IMO resolves issues concerning its succesful implementation.
Elengy, a unit of the French energy company and LNG player Engie, together with Fosmax LNG, have started works on adapting the Fos Cavaou LNG terminal for LNG bunkering service.
Iran’s oil minister Bijan Zangeneh does not expect the country’s oil exports to be hurt by the recently reimposed U.S. sanctions if the EU sticks to its promises to keep the nuclear deal alive.
The Port of Hamburg saw a 7.5 percent decline in its total throughput during the first quarter of this year.
Portugal’s Galp and Italy’s Eni are set to start preparations for an offshore well drilling in Portugal after Portuguese Environment Agency (APA) has waived a need for additional environmental impact studies for Alentejo offshore test well.
The most popular offshore industry news of the week
Souki: U.S. players need new model to secure $100 bln LNG investment The United States liquefied natural gas market players will have to find a new model enabling them to finance the transition into a true commodity market, as long-term contracts won’t be needed in the future. Russia’s Novatek in sm
Russian gas giant Novatek is set to create its own shipping company – an arctic shipping company at that.
The European Commission adopts a proposal aimed at simplifying ship reporting requirements.