News
ION’s seismic imaging helped discover Zama
Geoscience company ION Geophysical has provided imaging services which supported the discovery of Zama-1 offshore Mexico by Talos Energy and its partners. Zama-1 is the first offshore exploration well drilled by the private sector in Mexico’s history and is estimated to hold 1.4 to 2.0 billion barre
Seadrill gets a one-month breather from creditors
Seadrill, a cash-strapped offshore driller, has been given some breathing space in an effort to restructure its reported $14 billion debt. The company, which has been in talks with creditors for months, on Wednesday said it had reached an agreement with its bank group to extend the comprehensive res
VIDEO: Culzean jigsaw falling into place
Danish oil company Maersk Oil has posted a new video on its YouTube channel, showing the completion and installation of the jackets for the central processing facility (CPF) platform and the utilities and living quarters (ULQ) platform on the Culzean field in the UK North Sea. Less than two years af
Fluxys LNG to build second truck loading station at Zeebrugge
Fluxys LNG decided to build the second truck loading station at it Zeebrugge LNG terminal as a response to a rising demand.
Novatek’s second-quarter profit slides
Russia’s Novatek, the developer of the Yamal LNG project, reported a plunge in profit during the second quarter this year.
Gas Natural Fenosa’s H1 profit slides
Spanish LNG operator Gas Natural Fenosa reported a €550 million ($640.4 million) profit for the first six months of 2017, 14.7 percent lower than in the first half of 2016.
Simon Stevin to Rock Borkum Riffgrund 2 Seabed
Jan De Nul’s fall pipe vessel Simon Stevin has arrived at the Visnes Eklogitt quarry in Norway, where it will load the first batch of 32,000 tonnes of rock and transport it to the Borkum Riffgrund 2 offshore wind farm in Germany. There, the vessel will install scour protection layers onto the seabed
Court makes wind up order against Emas Offshore unit
A court in Singapore has made a winding up order against Emas Offshore’s subsidiary Lewek Champion over debts related to vessel charter. Namely, Hai Jiang 1401, the owner of the pipelay construction vessel Lewek Champion and a unit of China’s ICBC Financial Leasing, last March terminated a charter a
TransCanada reviewing PGRT options following PNW LNG cancellation
TransCanada is reviewing its options related to the Prince Rupert Gas Transmission project following the decision by Petronas and partners to scrap the Pacific NorthWest LNG project.
ReCAAP, OCIMF to Jointly Fight against Piracy in Asia
Asia’s piracy watchdog ReCAAP and Oil Companies International Marine Forum (OCIMF) have signed a Memorandum of Understanding (MOU) to boost the fight against piracy and armed robbery against ships in Asia. The first regional government-to-government agreement, signed on July 24 in London, would prom
Elengy increases Fos Tonkin LNG truck loading capacity
Elengy, an Engie company has increased the truck loading capacity at the Fos Tonkin LNG terminal from 8 to 11 loadings per day.
Melbana Energy farms out share in Australian permits to Rogue Rock
Oil and gas exploration company Melbana Energy, formerly know as MEO Australia, has farmed out a share in its Ashmore Cartier exploration permits AC/P50 and AC/P51 offshore Australia. Melbana said on Wednesday that Rouge Rock Pty Ltd exercised its option to acquire a 45 percent interest in the AC/P5
Cosmodyne, UGI, commission LNG peak shaver facility
Cosmodyne and UGI Energy Services installed and commissioned a natural gas liquefaction plant in Mehoopany, Pennsylvania.
Santos make new executive appointment
Australian LNG operator Santos appointed Philip Byrne as executive vice president marketing and trading, starting August 14.