News
Talos completes Zama-1 well, off Mexico
Talos has completed the drilling of the Zama-1 exploration well off Mexico, in which it recently found what is believed to be a billion barrel oil discovery. According to Premier Oil, a partner in the project, the well drilling has been completed, reaching a total depth of 4,108 metres (13,478 feet)
Norway PM Solberg visits Johan Sverdrup project at Aibel
Prime Minister of Norway Erna Solberg on Monday got a tour of Aibel’s yard in Haugesund, where a drilling platform for the Johan Sverdrup offshore project is being built. Statoil-operated Johan Sverdrup is one of the five largest oil fields on the Norwegian continental shelf, with expected resources
Weather Routing – Reducing Emissions by Better Planning
Seamen must be the first group of people who had an extensive knowledge of the weather. They recognised cloud formations and variations in wind speed that indicated the weather change. At sea, this knowledge could mean the difference between life and death. Today, a weather forecast is not made with
Popular news, July 24 – 30, 2017
The most popular articles of the week July 24 – 30, 2017.
Top news of the week July 24-29
Video: Shell’s Prelude FLNG arrives in Australian waters Shell’s Prelude floating liquefied natural gas (FLNG) facility has arrived at its location, the Prelude gas field, 475km North-North East of Broome. Black & Veatch wins Jafrabad FSRU contract Black & Veatch headquartered in Overland Park, Kans
Premier Oil completes debt refinancing, extends maturities beyond 2021
Premier Oil, a UK-based oil and gas company, has completed its debt refinancing after months of talks with creditors. The company on Friday said that the refinancing of the group, announced in February, had become effective. In an operational update earlier this month Premier said its net debt was $
Boskalis Starts Working on Rotterdam Offshore Center
Boskalis has kicked off rainbowing works at the Maasvlakte 2 site, where the Port of Rotterdam is setting up the Rotterdam Offshore Center, dedicated to the offshore wind and oil and gas industries.
Gulf Island slips into red over weak demand and contract losses
Gulf Island Fabrication, a Houston-based fabricator of specialized offshore structures, has ended up in the red for the 2Q 2017 due to reduced revenue for the quarter. Gulf Island said in its second quarter financial report that it went from black to red in 2Q with a loss of $10.9 million. In the se
Eni swings to profit as production grows
Italian energy giant and LNG player Eni on Friday reported a net profit of €18 million ($21 million) for the second quarter of 2017, compared to a €446 million loss in the corresponding period last year.
Faroe increases Blane field ownership
Faroe Petroleum has conditionally acquired a further 13.9935% stake in the Blane Field in the UK North Sea from JX Nippon Exploration and Production (U.K.) for $5.25 million. The company, focused on UK and Norway, said deal consolidated Faroe’s existing Blane position to in aggregate a 44.5% non-ope
Interview: North Sea OSV market headed for a slow but certain recovery
As almost everyone in the offshore oil and gas industry, offshore support vessel owners have felt the pang of mostly the huge oil price downturn since mid-2014, but also an oversupply of tonnage, and a lack of demand for all the vessels available. Offshore Energy Today has spoken to Inger-Louise Mol
GasLog Partners’ profit slides
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog reported a drop in profit for the second quarter this year.
VIDEO: Norway’s largest offshore jacket
Norwegian oil major Statoil has shared a video detailing the specs of the first steel jacket for the Johan Sverdrup field, which will be the largest on the Norwegian Continental Shelf. Offshore Energy Today reported earlier this week on the sailaway of the jacket from the shipyard in Verdal. The fin
Total’s income jumps as LNG sales decline
French gas and oil giant Total reported a 14 percent increase in its adjusted net income for the second quarter of 2017.