News
Gazprom raises 2016 investments
Russian gas giant Gazprom said on Tuesday it has decided to increase its 2016 investment programme by 11 billion roubles (US$175 million). The company’s adjusted investment programme now stands at 853 billion roubles, as compared to 842 billion roubles approved in December 2015. “The adjustments to
Norway: Oil output drops by 11 pct YOY over field shutdowns
September oil production in Norway dropped 11 percent compared to the same period last year due to maintenance activities on several fields and temporary production halt on Eni’s Goliat field, the Norwegian Petroleum Directorate (NPD) reported on Tuesday. According to the agency, preliminary product
UK: Over 3 billion boe remain in 350 unsanctioned discoveries, OGA says
According to information released by the UK’s Oil and Gas Authority (OGA), more than three billion barrels of oil equivalent (boe) remain in approximately 350 unsanctioned discoveries across the UK Continental Shelf (UKCS). OGA said on Tuesday that the majority of the three billion are in ‘small poo
Titan LNG opens regasification unit for Eikelenboom Cleaning
Titan LNG, the supplier of liquefied natural gas to marine and industrial markets in northwest Europe, launched the containerized LNG regasification unit in the port of Amsterdam for Eikelenboom Cleaning.
Russia, India to study gas pipeline options
Russian gas giant Gazprom on Saturday signed a memorandum of understanding with Engineers India on conducting joint studies for a gas pipeline that would stretch from Russia to India. Alexey Miller of Gazprom and Sanjay Gupta, Chairman and Managing Director of Engineers India signed the agreement in
Teekay LNG Partners eyes bonds issuance to fund newbuilds
Teekay LNG Partners, a partnership formed by Teekay Corporation, intends to issue new five-year senior unsecured bonds in the Norwegian bond market.
Gasum’s LNG sales drop in first nine months, 2016
Gasum of Finland, reported a net profit of €67.1 million for the first nine months of 2016, reporting LNG sales of 3.9 TWh, down on €104.3 million and 4.2 TWh, respectively, in 2015.
Unions worried about safety after three incidents offshore Norway
Two Norwegian workers’ unions, Industri Energi and Safe, have warned about an increasing frequency of incidents on the Norwegian Continental Shelf following three separate incidents over the past weekend. All three incidents occurred on Statoil-operated facilities offshore Norway. First, a well cont
Bladt Ships Out Last Veja Mate Transition Pieces
The final six transition pieces for the 402MW Veja Mate offshore wind farm were delivered to Offshore Windforce M V.O.F. from Bladt Industries’ production facilities in Aalborg at the end of the third quarter of 2016. The six transition pieces were the last of a total of 67 units which were all fini
Norway: Gullfaks A platform back on stream after gas leak
Statoil shut down production at its Gullfaks A platform in the North Sea after a gas alarm was triggered on Sunday. The production was restored late last night. This is the third incident to happen on a Statoil-operated facility during the weekend and a fourth one in less than a week. Namely, five p
Report: Gazprom, GAIL to renegotiate LNG supply deal
Gazprom could renegotiate the liquefied natural gas supply deal with GAIL of India within the next six months.
Total strikes gas in North Sea
Total E & P Norge, a unit of French energy giant Total, has made a gas and condensate discovery in the North Sea. Preliminary estimations of the size of the discovery are between 2 and 11 million standard cubic metres (Sm3) of recoverable oil equivalents, according to the Norwegian Petroleum Directo
Wind Assisted Propulsion – Flettner Freighter Design for Switijnk Shipping
As Maritime Holland readers undoubtedly know, the 2015 Paris Climate Agreement makes no reference to the shipping industry. However, this doesn’t mean that the sector is not making its own progressive steps on the matter. The recent contract between Switijnk Shipping, a family-owned Dutch shipping c
Offshore safety watchdog looks into Njord A overhaul
Norway’s offshore safety body, the Petroleum Safety Authority (PSA), has found two improvement points during an audit of load-bearing structures and maritime systems at Statoil’s Njord A platform which is currently being upgraded. PSA said on Monday that the two identified improvement points related