News
First Hywind Floating Wind Turbine on Its Way to Scotland
The first of five wind turbines for the world’s first floating offshore wind farm – Hywind Scotland – has left the project’s assembly base in Stord, Norway, and is now on its way to the site off the coast of Peterhead in Aberdeenshire, Scotland.
First Hywind Floating Wind Turbine on Its Way to Scotland
The first of five wind turbines for the world’s first floating offshore wind farm – Hywind Scotland – has left the project’s assembly base in Stord, Norway, and is now on its way to the site off the coast of Peterhead in Aberdeenshire, Scotland.
Go-ahead for Shell to use ‘Island Constructor’ on Draugen
Oil giant Shell has received consent from the Norwegian offshore safety regulator, the Petroleum Safety Authority (PSA), for the use of Island Constructor vessel for the start-up of a well offshore Norway. The well, designated as 6407/9-G-5, is located on the Shell-operated Draugen field, which is a
UK: OGA releases new data set ahead of 30th offshore licensing round
UK’s offshore regulator, the Oil & Gas Authority (OGA), has made another set of data packages openly available in an effort to help revitalize exploration of oil and gas in the UK Continental Shelf (UKCS). This latest data release follows the publication of a suite of subsurface data packages in Jun
Expertise Hub VIDEO: Costs Falling Under Positive Pressure (Bladt Industries)
Offshore wind moving forward with cutting down the cost of energy brings both a certain risk to the developers and pressure on the supply chain. The industry needs to stand together with a joint aim to further reduce the price of offshore wind power, according to Lars Kristensen, Senior Vice Preside
Analysis: Global Maritime Security Incidents Take Downward Turn
There was an overall 15% decrease in global maritime security incidents in the first half of 2017, compared with the same period of 2016, according to Control Risks’ latest maritime analysis. As explained, the drop was in part driven by a significant decline in maritime piracy in the Gulf of Guinea,
Court approves Premier’s debt refinancing plan
Premier Oil, a UK-based oil and gas company which has been working on debt refinancing for months, has made a crucial step in its efforts. The company on Tuesday said its schemes of arrangement had received final sanction at a hearing of the Court of Session in Scotland. Following the sanction of th
Scottish Enterprise Earmarks Funds for Aberdeen Harbour Expansion
Scottish Enterprise has announced that it is contributing GBP 11.7 million to the expansion of Aberdeen Harbour, in addition to a loan of up to GBP 175 million from the European Investment Bank and the support of up to GBP 11 million provided by Aberdeen City and Aberdeenshire Councils via the Aberd
Enagás six-months profit boosted by Quintero LNG plant consolidation
Spanish LNG terminal operator, Enagás reported a net profit of €269.1 million ($309.9 million) for the first six months of this financial year, up by 25.6 percent from the same period last year.
Van Oord Picks Seaproof’s Cable Protection Systems for Norther OWF
Van Oord has awarded Seaproof Solutions with a contract for the supply of cable protection systems for the Norther offshore wind farm in Belgium.
Gasum’s LNG sales, revenue up in first half 2017
Gasum of Finland continued its expansion in the Nordic liquefied natural gas (LNG) market during the first half of 2017.
Flex LNG to start trading on Oslo Bourse main list on Tue
Flex LNG, the shipping company controlled by billionaire John Fredriksen, received approval to move its listing up to the Oslo Bourse main list. To remind, the LNG shipping company said earlier this month it submitted an application to the Oslo Bourse to transfer the company’s shares from the Oslo A
Osbit Backs Van Oord at Walney Extension
Osbit has delivered a hybrid monopile cleaning tool to Van Oord, designed to support the installation of offshore wind turbine foundations.
SBM Offshore in talks to collect Yme insurance cash
Dutch offshore facilities provider SBM Offshore has agreed heads of terms with some of it insurers for the settlement of SBM’s claims related to the troubled Yme platform SBM had delivered to Talisman (now Repsol) in 2011. SBM Offshore said that the head of terms was reached with a 73.6% majority gr