News
Report: BP looking to buy stake in Cairn’s Senegal assets?
UK oil major BP is reportedly in talks with Cairn Energy to buy part of its stake in assets offshore Senegal.
Dudgeon OWF Set for Inauguration
Statoil, Masdar and Statkraft are ready to officially open their Dudgeon offshore wind farm in the UK tomorrow, 22 November.
India’s ONGC farms into Namibian offshore block
India’s ONGC Videsh is set to buy a stake in the Tullow-operated Cooper license offshore Namibia.
Far sees potential for 1.1 billion barrels of oil at Gambian prospects
Two Far Limited-operated prospects located in Blocks A2 and A5 offshore The Gambia have a combined best estimate prospective resource of 1.1 billion barrels of oil.
Norway October oil output falls short on lower contribution from Goliat, Gina Krog fields
Norwegian oil production in October fell short of expectations on lower production from Statoil’s Gina Krog field, and from Eni’s Goliat field in the Barent Sea. However, production was higher compared to September 2017. According to the Norwegian Petroleum Directorate, preliminary production figure
US Navy Ship Scraped in Collision with Japanese Tug
US Navy’s guided-missile destroyer USS Benfold suffered minimal damage after it collided with a tugboat off the coast of Japan, on November 18. The incident occurred while the vessel was taking part in a scheduled towing exercise in Sagami Bay. The tug boat lost propulsion and drifted into the ship.
Flex LNG sees shipping market tighten, banks on MEGI premium
Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, has seen the LNG shipping market tighten considerably over the past months.
Siccar farms out West of Shetlands blocks to Ineos
An interesting Tuesday for the UK North Sea news. First we reported on Serica’s acquisition of BP’s Bruce assets, now there’s more. Ineos is taking Siccar Point’s interest in the West of Shetlands assets. Siccar Point has informed that it has signed a farm-out deal with Ineos covering two exploratio
Eni, FCA pledge to reduce CO2 emissions in road transport
Italy’s Eni and FCA signed a memorandum of understanding to jointly develop research projects and technological applications aimed at reducing CO2 emissions from road transport vehicles.
Marin Teknikk to Design Offshore Vessel for Debmarine Namibia
Kleven Verft has entered into a Memorandum of Understanding (MoU) with Debmarine Namibia to build a new offshore vessel of Marin Teknikk MT6027 design. The vessel will follow the MT6022 SS Nujoma delivered in 2016 to Debmarine Namibia. The new vessel, with a length of 177 meters and a breadth of 27
U.S. Trade and Development Agency launches LNG exports initiative
The U.S. Trade and Development Agency launched the U.S. Gas Infrastructure Exports Initiative designed to connect American companies to new export opportunities across the gas value chain in emerging economies.
BiFab lives to fight another day
Offshore fabrication company BiFab will not go under after all after last week’s threat that the company might go to administration following a dispute with key clients. According to reports last week, the issue had arisen over unpaid fees to BiFab by Seaway Heavy Lifting for work related to the con
Gazprom, Mitsubishi talk Sakhalin II expansion progress
Alexey Miller, the head of the Russian giant Gazprom on Friday discussed liquefied natural gas (LNG) cooperation with Takehiko Kakiuchi, president and CEO of Mitsubishi Corporation.
Oil & Gas UK in final tax change push ahead of Autumn Budget
Oil & Gas UK has made its final case for a tax change ahead of the UK Autumn Budget set to be presented to Parliament on Wednesday.