News
First Monopiles In at Horns Rev 3
The first four out of the total of 49 monopiles have been installed at the Horns Rev 3 offshore wind farm site in Denmark and GeoSea’s installation vessel Innovation is now set to install the next batch.
BP chairman to retire
UK-based energy giant and LNG player BP said that Carl-Henric Svanberg will retire as chairman of the company’s board of directors.
Sætre to continue as Statoil CEO beyond retirement age
Statoil’s chief executive Eldar Sætre has agreed to continue in his position after he turns 62 in February next year, waving his right to retire at the age of 62.
Saetre to remain CEO of Statoil after he turns 62
Eldar Sætre, CEO of the Norwegian oil company Statoil, will continue as CEO after he turns 62 in February 2018, and will not use his contractual right to retire at the age of 62. “It has been a wish from the board of Statoil that Eldar Sætre continues as CEO. As CEO, Eldar has successfully implement
Scotland Africa O&G Forum to address continent’s prospects
Despite the downturn in the global oil and gas price, exploration, development, and production continues across Africa. Energy ministers, African oil company CEOs and main private sector o&g organizations on the continent will address current and future market conditions and prospects during the 2nd
GustoMSC Introduces Offshore Wind Jack-Up for U.S. Market
GustoMSC has revealed a new Jones Act-compliant jack-up vessel design for the installation of wind turbines and foundations in the U.S. The SEA-3250-LT installation jack-up is capable of handling the latest generation of 8 to 9.5 MW turbines and foundations.
IEA: market flexibility improving thanks to LNG
While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalized and interdependent markets is creating new security challenges, according to the International Energy Agency’s latest assessment of global gas security. The IEA’s second
Port of Oslo Declared Port of Convenience
The Board of the International Transport Workers’ Federation’s (ITF) Coordination Committee in Norway decided on October 16 to name the Port of Oslo a port of convenience. Following the decision, the Port of Oslo has become the first port in Europe to receive such a designation. As informed, the mov
GTT’s nine-month revenue drops
GTT, the French maker of LNG containment systems, reported a revenue of €168.5 million ($199 million) for the first nine months of the year, 4.6 percent down from the corresponding period in 2016.
Norway ramps up oil output in September but prognosis misses the mark
Norway’s oil production in September this year was above the one produced in the country in the same period last year but below prognosis due to maintenance works on some fields, according to the Norwegian Petroleum Directorate (NPD). The government agency reported on Thursday that preliminary produ
Lithuanian LNG reloading station loads first truck
Klaipedos Nafta’s liquefied natural gas reloading station performed the first LNG truck loading operation as the commissioning works at the facility in the port of Klaipėda.
Industry Welcomes Hywind Opening
The launch of the world’s first floating wind farm marked another milestone, not only for the floating wind technology but for the overall offshore wind industry.
Industry Welcomes Hywind Opening
The launch of the world’s first floating wind farm marked another milestone, not only for the floating wind technology but for the overall offshore wind industry.
Study: Slower Steaming Could Cut Emissions by a Third
Greenhouse gas emissions from three ship types – containerships, bulkers and tankers – could be reduced by a third, on average, by reducing their speed, according to a new study that will be presented to the International Maritime Organisation (IMO) next week. The cumulative savings from reducing th