News
Wärtsilä to deliver dual-fuel engines for Indonesian power plant
Finnish technology group Wärtsilä has booked an order to deliver power generating equipment for a 48 MW power plant in Indonesia.
PHOTO: ‘SBM Installer’ resting with Monaco’s jet-set
SBM Offshore has posted an image on its social media channels on Wednesday showing the diving support and construction vessel SBM Installer during a stop-over in Monaco. The company said that following the stop-over in Monaco, the vessel would proceed to work on a project in the east-Mediterranean.
WoodMac: LNG production key to carbon emissions rise
The emission-intensive process of liquefying natural gas will be among the largest contributors to carbon emission growth for the world’s oil and gas majors, Wood Mackenzie said in a study.
ORE Catapult Gathers Industry to Discuss Blades Challenges
Offshore Renewable Energy (ORE) Catapult gathered offshore wind farm developers, turbine blade manufacturers and researchers in Blyth this week to address key challenges in the test and certification process for offshore wind turbine blades.
Ocean Rig in 1-for-9200 reverse share split
Offshore drilling company Ocean Rig on Wednesday announced a reverse stock split of 1-for-9200 common shares. This means that shareholders will own one Ocean Rig share for every 9200 shares they currently own. Ocean Rig said the the reverse stock split will take effect as of 5:00 P.M., New York City
VW to deploy LNG-fueled trucks in north Germany
Volkswagen Group will deploy over a 100 of LNG-fueled Scania trucks on the roads of North Germany as a step towards promoting LNG as fuel.
Gaz-System sanctions expansion of Polish LNG terminal
Polish gas transmission operator, Gaz-System has taken additional steps to expand the President Lech Kaczynski LNG terminal in Swinoujscie.
Petrobangla, Gunvor sign LNG supply MoU
Bangladesh’s Petrobangla on Tuesday signed a non-binding memorandum of understanding with Gunvor’s Singapore unit for the supply of liquefied natural gas from 2018.
UK O&G production with only a decade to go? Industry disagrees
The Scottish and UK oil industries are entering their final decade of production, a research cited by a Scottish university has suggested, sparking a quick response from the UK oil industry body, claiming otherwise. The University of Edinburgh said on Tuesday that a study of output from offshore fie
LNG Shipping Sector: The Worst Is Over
After very challenging times in the liquefied natural gas (LNG) shipping sector driven by vessel deliveries ahead of projects coming on stream, the worst seems to be over. There is a general consensus that the market will be 30 to 40 vessels short by the end of this decade amid volume increase-one o
Report: Indian oil firm makes large offshore oil discovery
India’s ONGC has reportedly made a large oil discovery near its Mumbai High offshore oil fields, off India’s west coast. According to a widely cited report by Reuters on Wednesday, the Indian oil company’s discovery might hold in place reserves of 20 million tonnes. The news agency cited people fami
Turbine Switch at Bay of Saint-Brieuc to Be Approved Soon
Following Siemens Gamesa’s decision to replace Adwen’s 8MW turbines, proposed to be installed at three French offshore wind farms, Ailes Marines informed it had sought the approval from the French Minister for the Ecological and Inclusive Transition, Nicolas Hulot, with the decision expected shortly
Teekay’s Randgrid FSO reaches Gina Krog field
Teekay’s recently converted floating storage and offloading vessel Randgrid has reached its final offshore location – the Gina Krog field in the North Sea. The vessel, to be used at the Statoil-operated field, had left the yard in Mejarvik last Thursday, and, according to a Teekay spokesperson, has
GTT’s new Mark III Flex technology receives ABS approval
GTT, the French maker of LNG containment systems, said the evolution of its Mark III Flex technology has received the general approval from the American Bureau of Shipping (ABS).