News
Klaipedos Nafta begins LNG reloading station commissioning
Klaipedos Nafta, the operator of the first Lithuanian LNG terminal, started commissioning works at the LNG reloading station following the initial cargo delivery by Shell.
Safety body finds room for improvement on Statoil’s Visund A
Norwegian oil and gas safety body, the Petroleum Safety Authority (PSA), has found several non-conformities and improvement points during an audit of drilling and well operations on Statoil’s Visund A. PSA said on Monday that the audit of Visund A, conducted from March 29 to April 7, was focused on
Malaviya Seven to Be Finally Auctioned Off
Aberdeen Sheriff Court has ordered the sale of the India-owned platform support vessel Malaviya Seven, which has been detained in Aberdeen since June 2016 over unpaid wages to the ship’s crew. The 12 crew members that remain onboard are said to be owed from August 2016 to date. The order, confirmed
IMO Warns of Hazards of Carrying Bauxite by Ship
The International Maritime Organization (IMO) has issued a new warning that bauxite may become unstable when carried in bulk on a ship, potentially causing the vessel to capsize. Research presented last week to an IMO Sub-Committee found that certain forms of bauxite with a large proportion of small
Statoil Testing Hywind Scotland Floating Turbines
Statoil is currently testing the five Siemens wind turbines on the 30MW Hywind Scotland Pilot Park, the world’s first commercial floating wind farm.
Statoil drilling another well after Verbier miss
Following a recent disappointment with the Verbier exploration well in the UK North Sea, Statoil has decided not to give up, and drill another well. Namely Jersey Oil & Gas, Statoil’s partner has informed that the wireline log data from the initial exploration well, received late on 12 September 201
Statoil, Eni hire Bristow helicopters for Norwegian offshore ops
Oil companies Statoil and Eni have jointly awarded Bristow a contract for one SAR helicopter, and one transport helicopter, which can be converted to a SAR helicopter when needed. Both are Sikorsky S-92 helicopters. Each contract has a duration of five years with options to extend by up to three yea
Drewry: Freight Rates Entering Calmer Waters
Carriers’ lack of success implementing spot market freight rate increases in September is less worrying than it appears, according to shipping consultancy Drewry. As lines managed to tame some of the volatility, Drewry’s World Container Index has shed around USD 190 over the past six weeks, just ove
Popular news, September 11-17, 2017
The most popular articles of the week Offshore Energy Today Staff
Cutting Edge Technology to Manage Energy Consumption
One of the key issues ship owners and operators are facing is ensuring the efficient use of energy while at the same time meeting new environmental regulations being implemented on a global and regional basis. Getting an insight into energy optimisation and alternative energy sources is central to b
Russia, Exxon settle Sakhalin-1 dispute
Russian authorities have signed a settlement agreement with ExxonMobil, settling a dispute regarding the Sakhalin-1 project at the Russian Far East. In a statement on Thursday, the Russian Finance Ministry said an amicable agreement had been signed on September 12 between Russia and ExxonMobil in a
Mexico clears Wood Group-Amec Foster Wheeler deal
Wood Group’s 2.2 billion pounds purchase of London-based LNG engineer Amec Foster Wheeler has now cleared all regulatory hurdles following an approval by Mexico’s anti-trust commission. Earlier this week, the UK’s competition watchdog approved the merger on September 12 after accepting proposals put
COSCO Ship Sails from China to Russia via Northern Sea Route
Last week, Port Bronka in St. Petersburg welcomed Lian Hua Song, a multi purpose ship operated by COSCO, which transited the Northern Sea Route (NSR) for the first time in the history of China-Russia relations, as part of the One Belt, One Road (OBOR) initiative. The 27,412 dwt general cargo vessel
Inpex buys Norwegian license stake from Bayerngas
Japanese E&P company Inpex Corporation has entered into an agreement to acquire a 40 percent participating interest in exploration license PL767 located in the western Barents Sea offshore Norway from Bayerngas Norge. Inpex said on Friday that the acquisition, arranged between the company’s subsidia