News
BWS Secures Port Logistics Contract for Horns Rev 3
Blue Water Shipping (BWS) has won the port logistics contract for Vattenfall’s 400MW Horns Rev 3 offshore wind farm in the Danish North Sea.
Russia’s 2nd New-Generation Nuclear-Powered Icebreaker Tests the Waters
Sibir, the second in a new generation of nuclear-powered icebreakers that will strengthen Russia’s presence in Arctic, was launched at Baltic Shipyard – part of the United Shipbuilding Corporation – on September 22. Part of the Project 22220 which is dedicated to the renewal of Russian nuclear icebr
Moore Stephens: Shipping Confidence Hits Three-Year High
Shipping confidence reached its highest rating in the past three years in the three months to end-August 2017, according to the latest Shipping Confidence Survey from Moore Stephens. The average confidence level expressed by respondents to the survey was up slightly from the 6.1 out of 10.0 recorded
Drewry Sets Up Club to Make Reefer Freight Rates More Transparent
Shipping consultancy Drewry has launched a new Reefer Benchmarking Club to meet the growing concerns of shippers about rising freight rates and reduced service levels at a time of carrier consolidation. As informed, the club will operate as a closed user group with “full anonymity and confidentialit
Another Barents Sea data sale for EMGS
For the second time in a week, EMGS has sold a Barents Sea data package. Electromagnetic Geoservices ASA said on Tuesday it had entered into data licensing agreements related to 3D CSEM multi-client data in the Barents Sea in Norway. The agreements represent combined revenues of approximately $1.5 m
OPEC-Non-OPEC: Oil supply cut compliance at record levels
OPEC and Non-OPEC countries which have participated in voluntary production cuts since late 2016, have in August achieved the highest level of conformity, according to the the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC). To remind, in December 2016 eleven (now 10) non-OPEC oil produc
Erskine field production resumes, Serica says
Serica Energy has informed that production from the Chevron-run Erskine field in the UK North Sea has resumed after several delays. “Serica Energy plc (AIM: SQZ) is pleased to report that production at the Erskine field recommenced at the end of last week and the field has produced continuously over
UK gov’t awards £5 million exploration fund to OGA
The Oil and Gas Authority (OGA) has been awarded a £5 million ($6.75 M) UK government fund for 2018/19 to survey under-explored areas of the UK Continental Shelf to find potential new deposits. The Chancellor of the Exchequer and head of Her Majesty’s Treasury, Philip Hammond, announced the fund awa
BP kicks of production from Oman’s Khazzan gas field
UK-based energy giant and LNG player, BP started production from the Khazzan gas field in Oman.
Hurricane Energy gets nod for Lancaster development
Hurricane Energy’s development plan for the Lancaster offshore field in the UK has been granted consent by the UK authorities. The company on Monday said it had received development and production consent for its Lancaster field development plan, the Early Production System (“EPS”). Robert Trice, Ch
Two bidders qualify for DESFA stake purchase
Two investment schemes have qualified to proceed to the next stage of a tender process to acquire in Greek gas grid operator DESFA, the country’s privatization agency said.
Total hires Topaz vessel for Absheron field support
UAE’s Topaz Energy and Marin has secured a new contract with the French oil and gas company Total to support its operations in the Azerbaijani market. Topaz will supply its anchor-handling vessel Topaz Triumph to TEPAb to service one work-over and one development well in the Absheron offshore field.
Polar Queen Stays at Nordsee One Until Year-End
Senvion has decided to keep the Polar Queen – GC Rieber Shipping’s Construction Support Vessel (CSV) – at Nordsee One until 6 December, with options to further extend the charter by up to 3 weeks. The vessel’s initial charter was set to end on 13 October.
Norwegian safety body warns of faulty fireproof doors
The Norwegian safety watchdog, the Petroleum Safety Authority (PSA) has informed of a circular letter to the industry which states that COSMO class A-0, A-60, and B-15 offshore cabin doors may have deficient insulation. PSA said on Friday that the deficiency concerned fire doors that are certified t