Petroleum Safety Authority (PSA) Norway has published a report on diving in 2017. There were no incidents, personal injuries or hazard situations reported in 2017, during saturation diving for petroleum activities. There have been relatively few personal injuries associated with saturation diving as
High scrapping and market consolidation are expected to contribute to better returns for tanker owners.
Natural gas demand in Spain for the month of February closed the month of February with a 16.9 percent increase year on year, reaching 34.1 TWh, according to the Spanish LNG terminal operator, Enagás.
LNG shipper Golar reported a net profit of $2.8 million for the fourth quarter of 2017, compared to a $13.7 million loss the year before, as the LNG shipping market continued to improve. Earnings before interest, tax, depreciation and amortization (EBITDA) rose to $19.4 million. Total operating reve
Heerema’s vessel Thialf installed the new 1,600-tonne Huisman crane onboard Van Oord’s Aeolus today (28 February), making the vessel ready to handle the latest generation of foundations and turbines for offshore wind projects.
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, reported a $25.4 million net income for the fourth quarter of 2017.
Bibby Offshore, a subsea services provider to the oil and gas industry, has completed a contract worth more than £2 million for BP in the North Sea.
Norway-based FSRU provider, Höegh LNG, reported a profit of $20 million, up from $1.1 million in the previous quarter, and $828,000 reported in the fourth quarter last year.
Offshore helicopter operator CHC will be adding another helicopter to its fleet operating in the UK through an agreement with Lease Corporation International (LCI).
German authorities appoint a firm to remove the partially destroyed lock-gate at Kiel-Holtenau.
Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, reported a net profit of $1.3 million for the fourth quarter of 2017.
Baron Oil has satisfied the conditions to farm into a license in the UK North Sea, which contains the Wick prospect.
South Korea’s Samsung Heavy Industries has completed a riser platform topside for Statoil’s giant Johan Sverdrup development offshore Norway. The shipyard on Monday said that the topside module for the Johan Sverdrup riser platform had left the Geoje shipyard. The topside loaded aboard a Dockwise he
Offshore driller Seadrill has managed to reach a global settlement with an ad hoc group of bondholders, the official committee of unsecured creditors, and other major creditors in its chapter 11 cases. According to Seadrill, some 70% of the company’s bondholders by principal amount have now signed a
