News
Skandi Neptune Bags Atlantic Offshore Wind Contract
DOF Subsea has secured an offshore wind contract for its construction support vessel Skandi Neptune in the Atlantic region.
‘Maersk Forza’ closing in on helicopter wreckage recovery ops
The Maersk Forza subsea construction vessel is expected to start recovery operations as soon as it is positioned over the site.
Shell completes Gabon, UK North Sea deals
The Hague-based LNG giant Shell has completed the sale of its assets in Gabon and UK North Sea as part of the company’s $30 billion divestment programme put in place after its takeover of BG Group. Shell said on Wednesday it had finalized the previously announced sale of its entire Gabon onshore oil
Shell closes sale of UK North Sea assets
Oil major Shell has completed the sale of a package of UK North Sea assets to Chrysaor for a fee of up to $3.8bn.
Novatek inks Arctic LNG 2 deals with Chinese partners
Russia’s largest independent natural gas producer, Novatek signed a memorandum of understanding with China Development Bank for the implementation of Arctic LNG 2 project.
TechnipFMC, Petronas in tech collaboration
Oilfield services provider TechnipFMC together with Petronas Research Sdn Bhd (PRSB) and Petronas Technology Ventures Sdn Bhd (PTVSB), both subsidiaries of Petroliam Nasional Berhad (Petronas), signed a Tripartite Heads of Agreement recently. In a statement on Tuesday, Technip said the collaboration
Armed Pirates Board Tanker off Indonesia
Five pirates armed with knives boarded an oil tanker, identified as GP T2, on Monday, October 30 while it was underway in the Singapore Strait, at approximately 6.5 nm North East of Terumbu Betata, Batam Island, Indonesia. The perpetrators tied up the duty oiler in the engine room, took away some en
Rolls-Royce pays $25 million to Petrobras in bribery settlement
Brazilian oil giant Petrobras has received R$81 million as part of Rolls-Royce’s settlement with the Brazilian authorities related to the Lava Jato bribery scandal. Petrobras said on Monday that it received the R$81 million ($24.7M) settlement from the British company last Friday, October 27. Accord
DNV GL O&G names regional South East Asia and Australia boss
DNV GL – Oil & Gas named Brice Le Gallo as regional manager for South East Asia & Australia, as the investment in the gas industry in the Asian oil and gas market increases.
BP’s earnings rise in Q3
UK-based energy giant and LNG player BP reported its underlying replacement cost profit, the company’s version of net profit, of $1.86 billion for the third quarter of 2017.
Spanish Oct gas demand climbs 8 pct
Spanish LNG terminal operator, Enagás said Tuesday that natural gas demand in October in the country rose 8 percent to 29.3 TWh. Conventional demand, destined for domestic, commercial and industrial consumption, ended the month with an increase of about 4 percent year-on-year, to exceed 20.6 TWh. Th
Point Resources cleared to use assets bought from Exxon
Oil firm Point Resources has received consent from the Petroleum Safety Authority (PSA) for the use of facilities at Balder, Ringhorne, Ringhorne Øst, and Jotun fileds off Norway following a change of operator. The PSA said on Tuesday that it gave the current operator Point Resources consent to use
Petrobras eyes strategic alliance with BP
Brazilian oil company Petrobras has signed a Letter Of Intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and abroad. This includes cooperation on upstream, downstream, gas transportation and marketing, LNG, oil trading, lubricants, av
AMSA Strips Livestock Carrier from Permit amid Multiple Defects
Australian Maritime Safety Authority (AMSA) found a number of issues on board the livestock carrier Al Messilah during a port state control and livestock pre-loading inspection at the port of Fremantle carried out on October 20. The surveyor found holes corroded in the decks and bulkheads throughout