News
GALLERY: Greenpeace protests near oil platform offshore Italy
Italian arm of the environmental group Greenpeace was protesting against offshore drilling in Italy on Wednesday. Members of the organization were flying on a paraglider and a flying rubber dinghy near the Vega platform, located in the Sicily channel, 20 kilometers south of Pozzallo, carrying a sign
Klaipedos Nafta starts capacity allocation at LNG reloading facility
Klaipedos Nafta said that in preparations to start the operations of its LNG reloading station currently under construction in Klaipeda, the company has started capacity allocation from 2017.
Potential oil output deal prompts another worry: a shortage
By Ron Bousso ISTANBUL (Reuters) – While OPEC and other big crude producers work towards a deal to cap production to erode a glut, industry executives are concerned the sharp drop in investment that followed the oil price crash could lead to another crisis – a supply shortage. Over $1 trillion (£0.8
PGS beats expectations
Petroleum Geo-Services (PGS), a marine geophysical company, has surpassed market expectations after saying on Wednesday it expects to report consolidated 3Q 2016 revenues of approximately $220 million. The company also said it expects to report EBITDA of approximately $110 million for the third quar
ETIPWind’s Research Study Presented to European Commission
European Commission Vice President for Energy Union Maros Sefcovic met with 11 chief technical officers (CTOs) from the wind industry at the beginning of this month at the WindEurope Summit 2016 in Hamburg. CTOs from ABB, Iberdrola, Vestas, DONG Energy and Siemens presented Sefcovic with a new study
RMT to Fight Decline in UK Seafarer Numbers
UK’s National Union of Rail, Maritime and Transport Workers (RMT) has launched a campaign to fight the decline in the number of seafarers in the country. The campaign, SOS 2020, is said to be a “clarion call” for the country’s government and industry to respond to the maritime skills crisis with coo
Head Energy Denmark Bags Siemens Deal
Head Energy Denmark has signed a framework agreement with Siemens Wind Power to provide services for Siemens’ offshore wind projects. “We are very honored that one of the world’s leading Wind Turbine Manufacturers has chosen Head Energy as service provider across a wide range of functional disciplin
Atlas to Hold Offshore Wind Recruitment Day in Lowestoft
Atlas Professionals Offshore Wind team will host a recruitment day on 21 October at the OrbisEnergy Centre in Lowestoft. A variety of positions on global offshore wind projects are currently available, from Site Technicians to Geophysical Engineers. “The recruitment day will focus on Atlas’ global w
EMGS cutting costs. Layoffs imminent
Norwegian seismic acquisition company Electromagnetic Geoservices ASA (EMGS) has announced a reduction in its cost base “in line with a reduced level of activity.” The company said this would lead to layoffs. The company said on Wednesday it would seek a global reduction in employee expenses of appr
PSV Viking Nereus gets new owner
Following a recent announcement by the Norwegian offshore shipping company Eidesvik Offshore regarding an agreement to sell on of its platform supply vessels (PSVs), Eidesvik has delivered the vessel to its new owner. At the end of September, Eidesvik entered into the agreement with an unnamed buyer
Petrobras, Galp move to expand cooperation
Brazilian oil company Petrobras has signed a memorandum of understanding with Portugal’s Galp Energia to expand cooperation between the two companies and consolidate their strategic alliance. In a statement on Tuesday, Petrobras said the partnership could mean cooperation in exploration, development
Norway: Ekofisk audit reveals safety breach
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found a non-conformity during an audit of regulatory requirements for electrical installations on ConocoPhillips’ Ekofisk 2/4 K-B platforms offshore Norway. PSA found one non-conformity in connection with the notification
Three Foreign Flagged Ships Detained in UK in September
Three more vessels were detained in UK ports during September 2016 after failing Port State Control (PSC) inspection, the country’s Maritime and Coastguard Agency (MCA) informed. Apart from the three newly detained ships, four ships remained under detention from previous months. Vessels detained ear
Gazprom boosts gas exports to Austria
Russian gas giant Gazprom said it has increased its natural gas exports to Austria. From January 1 through October 10, 2016, Russian gas supplies to Austria totaled 4.18 billion cubic meters, a rise of 23.8 percent as compared to the same period a year before, Gazprom said in a statement. Gazprom’s