News
Equatorial Guinea ties up with Shell on oil and gas
Equatorial Guinea’s Ministry of mines and hydrocarbons and Shell signed a memorandum of understanding to cooperate on a number of oil and gas-related projects.
UK: Oil workers’ union blasts ‘woefully inadequate’ gov’t plan
Britain’s largest union Unite has warned that the government’s Oil and Gas Workforce Plan, published on Wednesday was ‘woefully inadequate’ and fell short of arresting a decline in the industry which had led to over 120,000 jobs being axed. Responding to the joint report by the Department for Busine
Vattenfall Orders 49 MHI Vestas Turbines Optimised at 8.3MW
MHI Vestas Offshore Wind has received an order from Vattenfall to supply 49 V164-8.0MW turbines that have been optimised for the 406MW Horns Rev 3 project, utilising a power mode to be able to deliver a maximum output of 8.3MW. The contract also includes a five year full scope service contract to op
Vattenfall Orders 49 MHI Vestas Turbines Optimised at 8.3MW
MHI Vestas Offshore Wind has received an order from Vattenfall to supply 49 V164-8.0MW turbines that have been optimised for the 406MW Horns Rev 3 project, utilising a power mode to be able to deliver a maximum output of 8.3MW. The contract also includes a five year full scope service contract to op
European Parliament Okays European Border and Coast Guard
The European Parliament has given its approval to the European Commission’s proposal to establish a European Border and Coast Guard border control system. “If we want to manage migration better and preserve our Schengen area of free movement, we need to strengthen the common management of the EU’s e
CS Wind to Produce Offshore Turbine Towers for Siemens
CS Wind UK, which is kicking off works on the UK’s first commercial offshore wind turbine tower factory, will sign a Memorandum of Understanding (MoU) with Siemens to produce up to 200 towers for the company’s offshore wind turbines between 2017 and 2019. The signing of the MoU has been reported alo
Saipem wins Zohr gas field job
Italian oil and gas contractor, Saipem has been awarded a number of contracts in Egypt, including the field development project for the Zohr gas field, for a total amount of over €1.5 billion. The Zohr gas field was discovered by Eni in August 2015 and could hold a potential of 30 trillion cubic fee
Zwerver II Busy at Burbo Bank Extension
More than 100 mattresses have been installed at the Burbo Bank Extension wind farm during the past 3 weeks, as reported by HvS Dredging Support, whose multi-purpose DP 2 vessel Zwerver II is deployed at the site. The vessel is being utilized by DeepOcean, which is carrying out the mattress installat
Zwerver II Busy at Burbo Bank Extension
More than 100 mattresses have been installed at the Burbo Bank Extension wind farm during the past 3 weeks, as reported by HvS Dredging Support, whose multi-purpose DP 2 vessel Zwerver II is deployed at the site. The vessel is being utilized by DeepOcean, which is carrying out the mattress installat
TGS keeps full year guidance despite pressure to cut spending
Based on preliminary reporting from operating units, TGS, a multi-client geoscience data provider to oil & gas companies, expects net revenues for the second quarter of 2016 to be approximately $114 million. According to the company, its multi-client investments for the second quarter are expected t
Strike in Norway averted as deal on well services pay struck
The Norwegian Oil and Gas Association and the Norwegian Union of Energy Workers (Safe) reached agreement on the well service pay agreement on Tuesday evening, thus averting a potential strike action of 663 workers. “The mediation process was demanding, but we reached a conclusion in line with the fr
Golar Power transaction completed
Golar LNG on Wednesday completed the transaction receiving proceeds of a US$100 million preferred note from Stonepeak and $116 million for the sale of 50 percent of the share in Golar Power.
Faroe Petroleum gets operatorship over offshore Ireland block
Faroe Petroleum has been awarded a new licence under Ireland’s 2015 Atlantic Margin Licensing Round. According to the Faroese company, Licensing Option 16/23, which covers some 960 square kilometers in the Slyne/Erris Basin, is one of the second tranche of awards made under the 2015 Atlantic Margin
Becker Marine says LNG hybrid barge operating at full capacity
Becker Marine Systems recently denied to media reports that the LNG hybrid barge “Hummel” is not working at full capacity at the port of Hamburg.