News
Fire triggers alarm on Statoil’s platform in Norwegian Sea
A fire alarm was activated on Sunday on board Statoil’s Åsgard B platform offshore Norway. Statoil-operated Åsgard field is located on the Halten Bank in the Norwegian Sea, around 200 kilometers off mid-Norway and 50 kilometers south of the Heidrun field. The entire Åsgard field development embraces
McKinsey: Oil market recovering slower than expected
The oil market is recovering but at a slow pace, and it could take six months for oversupply to disappear and another six to twelve months to burn excess inventories, McKinsey Energy Insight said in its recent report. McKinsey also feels OPEC’s capacity to increase production further could keep the
Scotland’s First Minister opens Statoil’s Aberdeen office
Scotland’s First Minister Nicola Sturgeon on Monday conducted the official opening of Statoil House in Aberdeen, the company’s new operations center for the UK Continental Shelf (UKCS). The oil and gas industry still has a strong future in Scotland, despite its current challenges, First Minister Nic
Gondan Shipyard Lays Keel for Race Bank SOV
Gondan Shipyard has laid the keel for the Service Operation Vessel (SOV) that will serve as a mother ship for wind turbine technicians at DONG Energy’s Race Bank offshore wind farm in the North Sea. The keel laying ceremony marked the start of the assembly of the hull in the slipway at Gondan’s faci
Jobs at Risk as JFD Begins Restructuring Process
JFD has decided to undergo a restructuring process which includes an internal reorganization with, as the company says, unavoidable impact on a number of functions. JFD, which comprises LEXMAR, JF Defence, Divex and the National Hyperbaric Centre and Defence Consulting Europe, said that the announce
Socar, Petronas ink Goshadash MoU
Azeri oil company Socar has signed a memorandum of understanding with Malaysian oil and gas firm Petronas to jointly work on an offshore project in the Caspian Sea. Under the memorandum of understanding, the two companies will collaborate on exploration and eventually development and production from
DEME’s Living Stone Hits the Water (Gallery)
DEME Group’s new multi-purpose vessel Living Stone was launched yesterday at the LaNaval shipyard in Spain by Sarah Tommelein, wife of Bart Tommelein, Vice-Minister-President of the Government of Flanders and Flemish Minister for Energy. The vessel is scheduled to be delivered in the second quarter
DW: new developments to shake up LNG market
Recent development in the LNG market is expected to have a significant impact on both the construction of LNG carriers and the primary LNG trading routes, according to Douglas-Westwood (DW).
LNG bunkering facilities planned for Germany’s Port of Lubeck
Lübecker Hafen-Gesellschaft, Germany’s largest port operator on the Baltic Sea that runs the public ports of the Hanseatic City of Lübeck, and Lübeck Port Authority signed a letter of intent with Russia’s LNG Gorskaya to set up LNG bunkering facilities. Under the deal, the companies plan to set up a
‘Here Comes The Sun’ Joins the Amels Fleet
Amels launched Here Comes The Sun, the first yacht in the Limited Edition (LE) 272 series. The first 83-metres, and the largest yacht built by Amels to date, was towed by two tugs, from drydock to the outfitting quay on the 30 June. Montkaj, launched in 1995, was previously the largest Amels yacht,
Subsea UK annual conference to discuss advances in ROV industry
Subsea UK’s 2016 Underwater Vehicles Conference in Aberdeen will discuss various topics including advances in Remotely Operated Vehicles (ROVs), autonomous inspection technology, and the challenges caused by a sustained low oil price. Subsea UK said on Monday that the conference, formally known as t
Popular news, September 12 – 18, 2016
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Boston Energy to Back Siemens’ Dudgeon Pre-Assembly Ops
Boston Energy will support Siemens’ pre-assembly works for the 6MW Dudgeon offshore wind project at Alexandra Dock in Hull. Technicians from Boston Energy will commence operations on site from October 2016, backing the Siemens team on the dockside at Hull Pre-Assembly site. Adrian Yeaman, Operations
Avance Gas sells veteran LNG carrier
Oslo-based VLGC operator, Avance Gas on Friday said it has reached a deal to sell the liquefied natural gas (LNG) carrier Gaea. The 1980-built 126,530-cbm LNG tanker is expected to be delivered to an undisclosed owner in December this year, according to a statement by Avance Gas. “The sale proceeds