News
WoodMac: four trading houses shaking up the LNG industry
Four trading houses traded an impressive 9 percent of total liquefied natural gas (LNG) sold worldwide in 2017, according to a report by the research and consultancy group Wood Mackenzie. Trafigura, Vitol, Gunvor and Glencore are “dominating” the LNG trading landscape and these four firms traded abo
Aker BP: Tambar accident investigation results expected February
The accident happened on December 7, when a Maersk Drilling employee died after falling of the rig
Update: Aerial Search for Sunken Kiribati Ferry Survivors Suspended
The Kiribati government has suspended aerial searches for survivors of the sunken ferry MV Butiraoi.
MOL Boxship Drifting off BC after Engine Fire. Two Crew Medevaced
Two crew members of MOL Prestige airlifted after they sustained injuries in an engine fire.
Aker BP posts profit in 4Q. Lifts capex guidance
Norwegian oil company Aker BP reported a rise in both income and in production for the fourth quarter of 2017.
Woodmac: Offshore decommissioning in Asia Pacific could cost $100 billion
Decommissioning of nearly 2,600 platforms and 35,000 wells in the Asia Pacific region could cost over $100 billion.
Chevron makes executive changes
US energy giant and LNG player, Chevron said on Thursday it named Bruce Niemeyer corporate vice president of strategic planning. Niemeyer is currently vice president of Chevron’s mid-continent business unit. In his new role, Niemeyer, 56, will be responsible for setting the strategic direction for t
Canada allows BP to set in motion Scotian Basin drilling project
BP has been told to proceed with the Scotian Basin project by the Canadian Environmental Assessment Agency.
CNOOC to spend up to $12.7B in 2018. Plans 132 exploration wells
China National Offshore Oil Corporation (CNOOC) expects to drill 132 exploration wells in 2018, and will bring five projects to production.
Bulker Crewman Stabbed by Robbers in Godau Port, Vietnam
Two robbers armed with knives injured a bosun of an anchored bulk carrier.
GALLERY: Maersk Supply takes delivery of third Starfish vessel
Maersk Supply Service has taken delivery of its third in a series of six Starfish-class anchor handling vessels on Wednesday, January 31.
Croatia Working on Speeding Up Construction of Its LNG Terminal
Croatia to pass a special bill to speed up the construction of its LNG terminal.
Highlights of the Month – January 2018
Taiwan to Sign 5.5GW of Contracts with Offshore Wind Developers by July Nine developers looking to build offshore wind farms in Taiwan have qualified for offshore environmental permits. These developers, offering 10.5GW of offshore wind capacity in total, will now compete for 5.5GW of offshore wind
Mexico awards 19 offshore blocks. Hopes for $93B investment
Mexico has awarded 19 offshore blocks to 11 companies at its bidding round for deepwater acreage held on Wednesday.