News
McDermott to complete North Ocean 105 vessel buy in June
Offshore construction company McDermott has officially committed to buy a remaining Oceanteam’s stake in the North Ocean 105 AS vessel. To remind, Oceanteam in January said it would sell its 25 pct ownership in the vessel to McDermott as part of its debt restructuring deal. North Ocean 105 is a fast
GasLog Partners in share sale
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog is looking to sell 5,000,000 shares, to raise funds for future acquisitions from GasLog.
Bureau Veritas Launches Asset Integrity Management System
Bureau Veritas has launched the Veristar AIM 3D asset integrity management system, based on technology partner Dassault Systems’ 3DExperience platform. Veristar AIM 3D will be used in the design, development and implementation of the operational lifecycle, to reflect and predict the condition of any
Klaipedos Nafta’s LNG terminal April revenue up
Klaipedos Nafta, the operator of the first Lithuanian LNG terminal reported a 12.2 percent jump in sales revenue from the facility during the month of April 2017.
Sea Trucks in ‘provisional liquidation’
Sea Trucks Group Limited, a provider of offshore vessels and services, has been placed under provisional liquidation. In a statement on Monday, the company said that the Eastern Caribbean Supreme Court in the High Court of Justice British Virgin Islands had placed Sea Trucks had appointed Chad Griff
Gemini OWF Inauguration Under Way
An official opening of the Dutch 600MW Gemini offshore wind farm, worth EUR 2.8 billion, is being held today, 8 May.
HR Wallingford Carrying Out Scour Protection Modelling for EA1
HR Wallingford is currently conducting physical modelling in its Fast Flow Facility to test the scour development and the performance of a frond mat scour protection system to protect the jacket piles for the East Anglia ONE offshore wind farm.
Renown Engineering Joins Blyth Offshore Demonstrator Team
Northumberland-based Renown Engineering has won the order from civil engineering contractor, BAM Nuttall, to manufacture watertight hatches for EDF Energy Renewables’ Blyth Offshore Demonstrator Project.
Senvion TWB II Turbine Contract Now Effective
Senvion informed on 8 May that its contract for the 203MW Trianel Windpark Borkum II (TWB II) is now effective, following the confirmation of the notice to proceed with Trianel Windkraftwerk Borkum II GmbH & Co KG at the end of April.
Saudi energy minister says may extend oil output cuts beyond 2017
Saudi Arabia’s energy minister Khalid Al-Falih said on Monday that oil markets were rebalancing after years of oversupply, but that he still expected an OPEC-led deal to cut output during the first half of the year to be extended to all of 2017.
Photos of the Day: Sea Installer Off to Race Bank
A2SEA’s wind turbine installation vessel Sea Installer left the Port of Hull on Sunday, 7 May, with the first load of wind turbine components for DONG Energy’s 580MW Race Bank offshore wind farm.
OGA: 3.8 tcf of tight gas locked in Southern North Sea
UK’s Oil and Gas Authority (OGA), has said that almost four trillion cubic feet of tight gas might be locked in the Southern North Sea. Thus, OGA, together with the East of England Energy Group (EEEGR), will host its second hackathon event to discuss cost efficiencies and technological solutions app
Russia’s Gazprom begins TurkStream gas pipeline construction
Russian gas giant Gazprom has started construction on the TurkStream natural gas pipeline under the Black Sea to Turkey. Gazprom said in a statement that Allseas’ vessel Audacia had started laying pipes on the Russian shore of Black Sea. Construction works for the TurkStream gas pipeline in the deep
Popular news, May 1 – 7, 2017
The most popular articles of the week May 1 – 7, 2017