News
Offshore Energy 2017: Trade missions
Not long to go before Offshore Energy 2017 kicks-off. Over the past decade, the event has grown to be one of the leading European events for all kinds of offshore energy – from oil and gas to offshore wind and marine energy. This not only counts for the exhibitors, but also for the conference progra
Bluestream, Skeye enter offshore drone inspection pact
Inspection service provider Bluestream and unmanned aerial vehicles (UAV) operator Skeye BV have announced a partnership for visual inspection services and geographic data acquisition for offshore assets using UAVs. According to a statement by both companies, this move is an example of embracing inn
Gazprom’s profit plunges 80 pct in Q2
Russian gas giant Gazprom saw its net profit drop more than 80 percent in the second quarter of this year. Moscow-based Gazprom posted a profit of 47.9 billion roubles ($817 million) in the second quarter as compared to 244.8 billion roubles in the same quarter the year before. The company said that
Santos inks swap deal for gas supply to domestic market
Australian LNG operator and stakeholder, Santos inked a location swap agreement for the delivery of at least 18 PJ of gas annually into the southern domestic market.
Elengy names new Montoir-de-Bretagne LNG terminal director
French LNG terminal operator, Elengy, has named Bruno Michel as director of its Montoir-de-Bretagne liquefied natural gas terminal.
Israel approves Energean’s Karish, Tanin gas fields development plan
Energean Oil & Gas, eastern Mediterranean focused exploration and production company received approval from the Israeli petroleum commissioner for its Karish and Tanin gas fields development plan.
ALE increases heavy-lift footprint in The Netherlands
Global heavy-lift specialist ALE has signed a deal with steel constructor VDS Staalbouw (VDS) in Flushing, The Netherlands, to store equipment at its yard. ALE said on Wednesday that this gave it a local footprint in the Zeeland area of The Netherlands and made it easier to work with the local compa
Divers Find WWII Ordnance Off UK
A diving operations team at Hinkley Point has discovered a 250lb suspected WWII ordnance two miles north west of the power station, UK Coastguard informed. UK Coastguard has advised vessels in the area of a 1000 meters exclusion zone around the ordnance to ensure they are kept at a safe distance. Ie
Sea-Me-We-3 Subsea Cable Experiences Fault
Vocus Communications has informed that Sea-Me-We-3 submarine cable between Perth and Singapore has experienced an outage due to a confirmed cable break. According to the company, the cable should be repaired by October 13, 2017, although the date is “tentative” and could change. “Customers can expec
Vattenfall Picks LICengineering for Danish Offshore Wind Projects
Danish engineering consultancy LICengineering has won a contract to provide Vattenfall with design solutions for the Kriegers Flak offshore wind farm and the Vesterhav Nord and Vesterhav Syd nearshore wind farms in the Danish North Sea.
Vattenfall Picks LICengineering for Danish Offshore Wind Projects
Danish engineering consultancy LICengineering has won a contract to provide Vattenfall with design solutions for the Kriegers Flak offshore wind farm and the Vesterhav Nord and Vesterhav Syd nearshore wind farms in the Danish North Sea.
GE scores services contract for TMS LNG fleet
Greece-based ship operator TMS Cardiff Gas has signed a service agreement with GE’s Marine Solutions that will see the latter undertaking the support and maintenance of four TMS LNG vessels. The contract will last for 10 years and includes the Corcovado, Kita, Palu and Yari LNG tankers. GE said in a
Gasum opens Jyväskylä LNG station
Gasum of Finland has opened a fueling station in Jyväskylä serving vehicles using compressed biogas (CBG), compressed natural gas (CNG) as well as heavy-duty vehicles running on liquefied natural gas (LNG).
Reorganizing for a new era
Oil and gas companies are actively seeking to rebalance business portfolios and reorganize for the future, according to DNV GL research on the outlook for the industry this year.