News
Airbus delivers H175 helicopter to CHC
Offshore helicopter operator CHC Helicopter is expanding its aircraft fleet with its first H175 Airbus helicopter for use in offshore oil and gas operations. The aircraft has been delivered in full offshore passenger transport configuration, allowing CHC to begin training and adjustment from the ope
New shuttle tankers for Teekay’s new subsidiary
Teekay Offshore has conditionally ordered two new shuttle tankers from South Korea’s Samsung Heavy Industries. The company, providing oil and gas shipping and production units to the oil and gas industry, has recently formed a separate shuttle tanker subsidiary, called Teekay Shuttle Tankers, into w
VOS Start Arrives to Barrow Ahead of Walney Extension Work
Vroon’s newly built VOS Start has arrived to ABP’s Port of Barrow prior to heading out to DONG Energy’s Walney Extension wind farm in the Irish Sea, the vessel’s first commercial contract.
WoodMac: Bangladesh’s LNG demand to hit 8 mtpa after 2020
Petrobangla’s deal signed last month with Qatar’s RasGas has marked Bangladesh’s official entrance into the LNG buyers club.
Siemens extends Joe Kaeser’s term as CEO
Siemens has extended Joe Kaeser’s appointment as the company’s president and CEO ahead of schedule.
UK watchdog to look into Wood Group-AFW merger
The UK’s Competition and Markets Authority (CMA) said Wood Group’s acquisition of Amec Foster Wheeler creates reasons for competition concerns.
Commentary: Witnessing the ongoing transformation of the oil and gas industry
The offshore industry is experiencing rapid change as companies have scaled down projects, introduced strict standards for facilities and equipment and optimized project design By Alessandro Blasi Senior Programme Officer The last few years have been particularly challenging for the oil and gas indu
Germans favor Russian gas over US LNG, poll shows
The majority of German respondents have rejected the expansion of economic sanctions against Russia planned by the United States, a survey reveals.
Kosmos Energy seeking listing on London Stock Exchange
Independent oil and gas exploration and production company, Kosmos Energy is seeking a secondary listing on the London Stock Exchange.
Fugro terminates Forland vessel charter
Fugro Subsea Services has terminated for convenience its time charter for the Fugro Saltire multi-purpose offshore vessel. Forland Subsea II AS, which bareboat charters the Fugro Saltire from E Forland AS, has received a notice of termination from time charterers Fugro Subsea Services. E Forland sai
Eni’ CEO talks Zohr gas field development with Egyptian PM
CEO of Italy’s Eni met with the Egyptian prime minister Sharif Ismail in Cairo discussing the future of the Zohr gas field and its impacts on the national energy economy.
Aqualis Offshore sets up presence in the Netherlands
Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, is setting up a presence in the Netherlands. In that connection, the group has hired Jasper Bergsma as its head of business development in the country. Bergsma will be based in Amsterdam and in charge of m
Paris MoU Releases Questionnaire for Upcoming CIC on Safety of Navigation
The Paris Memorandum of Understanding (Paris MoU) has published a questionnaire for the forthcoming port state control (PSC) joint concentrated inspection campaign (CIC) on safety of navigation. The questionnaire will be used by PSC officers for vessel inspections during the campaign, which starts o
Vice President Pence sees more US LNG to Lithuania
US Vice President Mike Pence said on Monday he expects more liquefied natural gas (LNG) supplies from the US to Lithuania after the latter bought two cargoes of the fuel from Cheniere’s Sabine Pass terminal in Louisiana.