News
US Aims to Blacklist 10 More Ships over North Korea Cargo
Reuters: The United States is looking to blacklist another ten ships for carrying banned cargo from North Korea.
Gazprom sees no threat from US LNG, eyes further development
Russian giant Gazprom said that the United States liquefied natural gas (LNG) was not globally competitive due to the high production costs.
IOG defers part of Skipper well loan payment
Independent Oil and Gas has concluded discussions with creditors for the remaining liabilities relating to the Skipper well drilled in 2016.
CHC leases Airbus helicopter for North Sea ops
Lease Corporation International (LCI), the aviation division of the Libra Group, has taken delivery of its first Airbus Helicopters H175 aircraft and placed it on lease with CHC. The aircraft will be based out of Aberdeen, Scotland, supporting oil and gas production activities in the North Sea. Cris
Eni enlarges position in Morocco with new offshore permits
Italian oil company Eni has signed a petroleum agreement (PA) with the Moroccan State Company ONHYM to enter into the Tarfaya Offshore Shallow exploration permits I-XII, located in the waters of the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya. Following the agreement, which
Beach Energy to buy interest in Otway, GasBass projects
Australian oil and gas explorer, Beach Energy, signed deals with Toyota Tsusho to acquire interest in Otway and BasGass projects.
AWE favors Mineral Resources bid
Australian oil and gas producer AWE signed a binding scheme implementation deed with Mineral Resource Limited under which the latter will acquire all shared of AWE.
Room for improvement found during waves on deck audit on Statoil’s platforms
The Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has found an improvement point during an audit of waves on deck on Statoil’s eight facilities off Norway.
Westside snaps up offshore permit in New Zealand
Westside New Zealand Limited has been granted one 12-year offshore permit in the Taranaki Basin, offshore New Zealand. The permit PEP 60402 has an area of 547 square kilometers. The new petroleum exploration permit has been granted as part of Block Offer 2017. This was the only permit awarded in the
Oil workers sue Shell, Enbridge over platform fire injuries
Three oil workers have reportedly sued Shell and Enbridge over alleged injuries sustained in a recent platform blast in the U.S. Gulf of Mexico. The three workers claim they sustained severe injuries and have asked for $1 million in damages, Reuters has reported. The incident happened on November 9,
BIMCO: Dry Bulk Demand to Outstrip Supply in 2018
BIMCO expects the global demand growth in the dry bulk sector to outstrip supply growth in 2018.
Ineos making ‘steady progress’ with Forties pipeline repair
Following the recent shutdown of the Forties pipeline in the North Sea, Ineos is sticking with its plan to complete the repair works within two to four weeks. The pipeline, which carries the UK North Sea oil to the shore for processing, has been closed since Monday, December 11 after a routine inspe
SMC Inspection Technicians Back SHL’s Beatrice Works
Specialist Marine Consultants (SMC) has provided inspection services at the Beatrice offshore wind farm for Seaway Heavy Lifting (SHL), the EPCI contractor in charge of foundations.
SMC Inspection Technicians Back SHL’s Beatrice Works
Specialist Marine Consultants (SMC) has provided inspection services at the Beatrice offshore wind farm for Seaway Heavy Lifting (SHL), the EPCI contractor in charge of foundations.