News
Oil prices dip on doubts over planned crude output cuts
By Henning Gloystein SINGAPORE (Reuters) – Oil dipped on lingering doubts that crude production cuts would go deep enough to curb a global fuel supply glut, with sentiment worsened by concerns over the health of the Chinese economy after it reported the steepest falls in exports since 2009. Brent cr
SPE reveals Offshore Achievement Awards finalists for 2017
Society of Petroleum Engineers (SPE) has revealed a list of finalists for Offshore Achievement Awards Finalists for 2017. SPE said on Friday that more than 500 industry professionals are expected to attend the awards ceremony, taking place at the Aberdeen Exhibition and Conference Centre on Thursday
Offshore Energy launches improved website
Offshore Energy kicks off its 10th anniversary year with a bang and is proud to announce the launch of its new and improved website on www.offshore-energy.biz.
Spain’s LNG imports rise over 61 pct in December
Spain’s imports of LNG during the month of December rose over 61 percent compared to the same month in 2015.
Eni ordered to reassess its Goliat plans
Norway’s Petroleum Safety Authority has identified multiple breaches in regulations aboard the Eni-operated Goliat platform in the Barents Sea. The PSA Norway on Thursday released reports tackling different issues identified aboard the giant cylindrical FPSO and has ordered Eni to reassess the way
Aker Solutions slashes 650 jobs
Norwegian oilfield services company Aker Solutions is reducing its workforce, mainly in the UK, Norway, and India. According to a report from BBC, the company’s employees have been told that 650 workers may be affected by this move, with around 100 affected in Aberdeen and London. According to data
Norway expects to see two major field development plans in 2017
The Norwegian Petroleum Directorate (NPD), a government agency whose task is to manage the oil & gas resources on the Norwegian Continental Shelf, expects ten new plans for field developments in the next few years, with two major ones expected this year. The regulator on Thursday issued a report det
Wind Ambition Ready for Wikinger Action
As of 10 January, C-bed’s floating hotel Wind Ambition has been deployed on the Wikinger offshore wind project in the Baltic Sea, C-bed informed this morning.
Photo of the Day: OSB’s First Walney Extension TPs Waiting for Load-Out
Load-out of the first six transition pieces (TPs) built by Offshore Structures (Britain) Ltd. for the Walney Extension offshore wind farm is expected to start around 16 January, according to a spokesperson from OSB. The company, a Teesside-based joint venture between EEW SPC and Bladt Industries, wi
Photo of the Day: OSB’s First Walney Extension TPs Waiting for Load-Out
Load-out of the first six transition pieces (TPs) built by Offshore Structures (Britain) Ltd. for the Walney Extension offshore wind farm is expected to start around 16 January, according to a spokesperson from OSB. The company, a Teesside-based joint venture between EEW SPC and Bladt Industries, wi
EU backs Malta LNG power project
The European Commission approved the Maltese plans to pay Electrogas Malta, operator of the Delimara plant, for providing electricity to the power company, Enemalta.
Eni spuds Barents Sea exploration well
Italian oil company Eni has started drilling the Boné exploration well in the Barents Sea offshore Norway. According to Faroe Petroleum, a partner in the project the primary targets for the well are the Jurassic Stø- and Nordmela sandstones with a secondary target within the Triassic Fruholmen and S
Ophir says Fortuna FLNG on schedule for FID in H1 2017
London-based Ophir Energy on Thursday said its Fortuna FLNG project in Equatorial Guinea is “firmly on schedule” for a final investment decision in the first half of this year. Ophir and its partner, OneLNG, a joint venture between Golar LNG and Schlumberger, are “making good progress against all ke
Centrica swings job axe in Aberdeen
UK energy company Centrica has reduced its Aberdeen exploration and production division workforce by 25 employees. The company’s spokesman told Offshore Energy Today on Wednesday that the reduction of the Aberdeen team meant it the now employs just over 310 people. “After a full consultation with ou