News
Rystad Energy: 13 UK fields to be sanctioned in 2018
The UK oil and gas industry is coming back to life with 13 fields expected to be sanctioned in 2018, according to Rystad Energy.
Report: Lundin secures Leiv Eiriksson Rig for more drilling in Norway
Swedish oil company Lundin Petroleum has reportedly signed a new term contract with Ocean Rig for the Leiv Eiriksson semi-submersible drilling rig.
Seagreen Schedules Offshore Wind Talks
Seagreen Wind Energy Limited is hosting three public exhibitions in February to allow local residents and interested parties the opportunity to view details of proposed modifications to the offshore works on the Seagreen Alpha and Seagreen Bravo wind farms off Scotland.
Seagreen Schedules Offshore Wind Talks
Seagreen Wind Energy Limited is hosting three public exhibitions in February to allow local residents and interested parties the opportunity to view details of proposed modifications to the offshore works on the Seagreen Alpha and Seagreen Bravo wind farms off Scotland.
Infographic: Top 10 Global Fleets Worth USD 516 Bn
Greece remains on the throne of the top shipowning nations by value whose combined fleet is worth USD 516 billion.
Wartsila order intake climbs, sees improved marine industry outlook for this year
Finnish engine maker Wärtsilä reported a 14 percent rise in quarterly order intake as it expects more growth opportunities in 2018, mainly in the company’s service business. Wärtsilä’s bookings of new orders in the fourth quarter rose to 1.51 billion euros ($1.87 billion). For the full-year of 2017,
i3 Energy in fundraise for North Sea development
i3 Energy has made progress with multiple funding options to finance its Liberator field development located in the UK North Sea.
Trifleet Leasing forays into LNG container business
Trifleet Leasing, the Netherlands-based tank container leasing company, is entering the cryogenic tank containers business with a focus on liquefied natural gas (LNG). The company said in a statement on Wednesday that it started building up a cryogenic container fleet and offering a full range of re
BP makes two oil and gas discoveries in UK North Sea
British oil major BP on Wednesday announced two new exploration discoveries in the North Sea.
UKOG ditches offshore license to focus on onshore oil find appraisal
UKOG has given up on its license offshore Isle of Wight to focus on adjacent onshore oil discovery and exploration prospects.
IHS Markit identifies 5 billion ‘short-cycle’ barrels in overlooked areas
IHS Markit has identified more than five billion quick-to-first-oil barrels of oil equivalent up for grabs in numerous smaller, previously bypassed, or underperforming reservoirs outside North America. These, IHS Markit said, offer oil and gas operators a ’shorter-cycle’ path to production than new,
SEALNG launches bunkering tool
SEALNG, the industry coalition promoting the use of liquefied natural gas as a marine fuel, said on Tuesday it has launched a new free-to-access online tool to improve understanding of the current and rapidly evolving, LNG bunkering infrastructure landscape. The new Bunker Navigator Tool utilises me
Island Offshore vessel duo cleared to work on two North Sea fields
Statoil has received consent from the PSA to use two Island Offshore-owned vessels for well intervention at two North Sea fields.
Noble Energy selling stake in Israel’s Tamar gas field
Noble Energy said on Monday it would sell a 7.5 percent stake in the Tamar natural gas field, offshore Israel, to Tamar Petroleum in a deal valued at about $800 million. Under the deal, the Houston-based Noble will receive $560 million in cash and 38.5 million shares of Tamar Petroleum. The company