News
Gulf of Mexico oil spill bigger than initially estimated. No impact to shoreline expected
Following reports on Monday that up to 7,950 to 9,350 barrels of oil spilled into the Gulf of Mexico from a damaged pipeline operated by LLOG, the oil spill size estimates have now almost doubled. According to the Coast Guard, LLOG reported Wednesday that the estimated amount of discharged oil may n
Boa looking to enforce payment for scrapped vessel deal
Norwegian shipowner Boa IMR is starting enforcement procedure to get its money back after the cancellation of a shipbuilding contract with the compatriot shipbuilder Noryards Fosen in 2015. Earlier this month, Boa was successful in its arbitration at the Oslo tribunal related to the refund guarantee
First Monopiles In at Horns Rev 3
The first four out of the total of 49 monopiles have been installed at the Horns Rev 3 offshore wind farm site in Denmark and GeoSea’s installation vessel Innovation is now set to install the next batch.
Dominion permitted to progress Cove Point LNG commissioning
The US Federal Energy Regulatory Commission has granted permission to Dominion to begin the next phase of commissioning at the Cove Point liquefaction project.
BP chairman to retire
UK-based energy giant and LNG player BP said that Carl-Henric Svanberg will retire as chairman of the company’s board of directors.
U.S. LNG exports decline on week to three cargoes
Cheniere’s Sabine Pass liquefaction terminal in Louisiana has seen fewer cargoes depart the facility in the week ending October 18, according to the Energy Information Administration. Three vessels with a combined LNG-carrying capacity of 11.2 billion cubic feet (Bcf) have departed the plant since W
Sætre to continue as Statoil CEO beyond retirement age
Statoil’s chief executive Eldar Sætre has agreed to continue in his position after he turns 62 in February next year, waving his right to retire at the age of 62.
Saetre to remain CEO of Statoil after he turns 62
Eldar Sætre, CEO of the Norwegian oil company Statoil, will continue as CEO after he turns 62 in February 2018, and will not use his contractual right to retire at the age of 62. “It has been a wish from the board of Statoil that Eldar Sætre continues as CEO. As CEO, Eldar has successfully implement
Scotland Africa O&G Forum to address continent’s prospects
Despite the downturn in the global oil and gas price, exploration, development, and production continues across Africa. Energy ministers, African oil company CEOs and main private sector o&g organizations on the continent will address current and future market conditions and prospects during the 2nd
Enlightened Aluminium Solutions for Offshore and Marine
Just one third the weight of steel, yet strong and highly corrosion resistant, aluminium is perfect for marine and offshore application. Aluminium specialist Hydro extrudes lightweight, sustainable components for practically any marine or offshore use. And now the latest alloy, the 5083 series, offe
Asian LNG market to get $10 bln push from Japan
Asian LNG market is set to receive a $10 billion public-private push from Japan, the world’s largest importer of liquefied natural gas.
OEEC: Deep Dive into Digitalization
The tenth edition of Offshore Energy Exhibition and Conference held annually in Amsterdam is behind us. During the event held last week Offshore Energy Today live streamed four talk-shows and one interview for our online viewers both on Facebook and on Offshore Energy Today website, enabling them to
India’s GAIL seeks three LNG cargoes for Nov-Jan delivery
India’s gas utility GAIL has reportedly issued a tender seeking three cargoes of liquefied natural gas (LNG) for delivery between mid-November and January. The first delivery is for the window from November 15 and the end of December, Reuters reported on Thursday citing traders. The second cargo is
GustoMSC Introduces Offshore Wind Jack-Up for U.S. Market
GustoMSC has revealed a new Jones Act-compliant jack-up vessel design for the installation of wind turbines and foundations in the U.S. The SEA-3250-LT installation jack-up is capable of handling the latest generation of 8 to 9.5 MW turbines and foundations.