News
SBM names ex-Shell executive as CFO
Dutch-based SBM Offshore informed on Wednesday that it has nominated Douglas Wood as new chief financial officer. Earlier this year, SBM Offshore announced the intention of the current CFO, P.M. van Rossum, to retire after the annual general meeting in 2017. “The Supervisory Board assigned the Appoi
Kogas posts higher sales in July
South Korea’s Kogas, the world’s second-largest buyer of LNG, reported a rise of 15.2 percent in its sales volume in July. Kogas sold 2.19 million tonnes of LNG in July this year, compared with 1.90 million tonnes a year ago, the company said in a filing to the stock exchange. Gas sales into the pow
Executive committee named for SPE Offshore Europe 2017
Sixteen energy industry experts have been appointed as an executive committee for the offshore E&P conference and exhibition SPE Offshore Europe 2017. SPE Offshore Europe has been held biennially in Aberdeen since 1973. It is organized by The Offshore Europe Partnership, a joint venture between Reed
Oil & Gas UK promotes improvements in maintenance on offshore o&g platforms
The representative body for the UK offshore oil and gas industry, Oil & Gas UK, has launched a new publication that is, according to the organization, promoting improvements in major accident hazard management operational efficiency on offshore oil and gas installations. Oil & Gas UK said that the p
JF Subsea Clears UXO at Nordergrunde OWF Site
James Fisher Subsea has secured work off the coast of Germany to help clear unexploded ordnance (UXOs) from the site of the proposed Nordergrunde wind farm. The contract, with German wind farm developer, wpd, required the JF Subsea team to locate, excavate, and identify targets so any unexploded dev
Gallery: DONG Energy’s Technicians Flying to Work
A thousand hoisting operations from helicopters to wind turbines have been carried out so far at DONG Energy’s offshore wind farms, the offshore wind developer said via social media. “The distances to our offshore wind farms are increasing, and flying to work is becoming reality for many of our tech
Vattenfall Acquires Global Tech II Project
Vattenfall has acquired Global Tech II offshore wind project located in the German North Sea some 85 kilometres north of the island of Borkum. The project is currently under development with up to 79 wind turbines in an area of 47 square kilometres. The realization of the project depends on obtainin
Vattenfall Acquires Global Tech II Project
Vattenfall has acquired Global Tech II offshore wind project located in the German North Sea some 85 kilometres north of the island of Borkum. The project is currently under development with up to 79 wind turbines in an area of 47 square kilometres. The realization of the project depends on obtainin
UK Takes Action against Modern Slavery at Sea
The government of the United Kingdom has decided to tackle substandard working conditions at sea by enforcing the provisions of the Modern Slavery Act, which came into force on 8 August. Law enforcement officers across the country will join the fight against modern slavery at sea as they will be all
UK’s Oil and Gas Authority gets independence date
UK’s Oil and Gas Authority (OGA) will be established as an independent regulator by the UK Government as of October 1, 2016. To remind, UK’s Energy Bill in July 2015 introduced the Oil and Gas Authority as an independent oil and gas regulator in the UK, and the regulator received the royal assent in
DW: global FLNG capex to hit $41.6 billion
Despite challenging market conditions, global capital expenditure on FLNG facilities is forecast to total $41.6 billion over the 2016-2022 period, according to a report by Douglas-Westwood (DW). The protracted oil price downturn has impacted the sanctioning of capital intensive liquefaction units ov
RenewableUK Appoints New Policy and Communications Director
RenewableUK has named Emma Pinchbeck as its new Executive Director, with the appointment effective as of mid-November. Pinchbeck, who will be responsible for leading RenewableUK’s vital policy and communication work, will be joining the organisation from WWF-UK where she is Head of Climate Change an
RenewableUK Appoints New Policy and Communications Director
RenewableUK has named Emma Pinchbeck as its new Executive Director, with the appointment effective as of mid-November. Pinchbeck, who will be responsible for leading RenewableUK’s vital policy and communication work, will be joining the organisation from WWF-UK where she is Head of Climate Change an
Amec Foster Wheeler swings to loss
London-based LNG engineer Amec Foster Wheeler swung to an interim net loss, due to the oil and gas price downturn. Amec Foster Wheeler reported a pretax loss of 446 million pounds ($581.4m) in the six months ended June 30, compared with a pretax profit of 73 million pounds in the same period a year