The Hague-based LNG giant Shell reached an agreement with a group of financial institutions to sell its stake in Canadian Natural Resources for $3.3 billion.
Irish oil and gas player Providence has hired Gardline to carry out a 2D seismic survey over the crest of the Newgrange prospect 260 kilometers off the south-west coast of Ireland.
Vessels Edda Fonn and Voe Vanguard are on their way to the Rampion site to carry out boulder clearance and UXO identification on the CR4 export cable route, according to the project’s Notice to Mariners and vessels’ latest AIS data.
Fred. Olsen Windcarrier’s jack-up vessel Bold Tern installed the first MHI Vestas 8MW wind turbine at Ørsted’s Borkum Riffgrund 2 offshore wind farm in the German North Sea on 5 May.
Offshore energy-related activity is expected to grow and will require trillions of dollars of investments through 2040.
A2Sea’s jack-up installation vessel Sea Installer left the Port of Ostend, Belgium, on 5 May with the first 7MW Siemens Gamesa wind turbines destined for installation at the 309MW Rentel offshore wind farm in the Belgian North Sea.
Norway’s Aker BP is working on what it says will be the first energy positive zero emissions field development on the Norwegian Continental Shelf – the NOAKA.
South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI) said it had completed the construction of the world’s first LNG-fueled Aframax tanker for Russian shipper Sovcomflot. The 250 meters long and 44 meters wide vessel will be tested before being delivered to the Russian company in July, acc
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Chevron to shut 2nd Gorgon LNG train in May US-based energy major Chevron plans to close in May the second production train at its giant Gorgon liquefied natural gas (LNG) plant on Barrow Island in Western Australia. Fluor-JGC joint venture wins LNG Canada EPC job Fluor Corporation and JGC joint ven
Ships calling on multiple terminals will be combining cargo destined for a single container terminal in Rotterdam.
Oslo-listed company Noreco has lost its case against insurers related to the financial claim sought due to the damage to the Siri platform in the Danish North Sea, discovered in 2009. Noreco was in 2016, with its partners, awarded damages of $470 million, including interest, of which Noreco itself w
Monaco-based LNG shipper GasLog’s profit in the first quarter more than doubled during the first quarter of 2018 compared to the first quarter of 2017.
Spirit Energy has received consent from the PSA for manned underwater operations in the North Sea.