News
Statoil plans to hire 50 skilled offshore workers per year
Norwegian oil company Statoil said on Tuesday it planned to recruit more than 50 skilled workers annually “in the years ahead.” Statoil said the move was to ensure that the company has the right competence and capacity on the Norwegian continental shelf. “We believe it will be possible to maintain p
Norway’s June oil output up by eight percent YOY
Norway’s oil production in June 2017 was about 8 percent above the oil production in June last year, according to a report by the Norwegian Petroleum Directorate (NPD). The NPD’s production figures showed an average daily production of 1,884,000 barrels of oil, NGL and condensate, which is a decreas
NRF: US Container Ports Brace for Busiest Months Ever
July and August should be two of the busiest months ever seen for imports at US major retail container ports, possibly setting a new record, the latest Global Port Tracker report released by the US National Retail Federation and Hackett Associates says. The forecast is made as merchants enter the ba
Saudi Aramco CEO: Don’t write off oil just yet
The role of oil as a vital source of energy to the world is expected to continue for the long term despite the growth of alternatives, said Amin H. Nasser, President and CEO of Saudi Aramco. At the World Petroleum Congress in Istanbul on Monday, Nasser reiterated in a keynote to heads of state, gove
GALLERY: Randgrid FSO sets sail for Gina Krog field
Offshore Energy Today reported last week that the FSO destined for the Gina Krog field offshore Norway, had begun its long journey from Singapore. However, the images of the completed vessel were not made available by Teekay until after the article was published, so here’s a gallery now. The unit le
Ichthys LNG FPSO to depart South Korea soon
Ichthys Venturer, the Ichthys LNG project’s floating production, storage and offloading unit (FPSO), is preparing to depart the Daewoo Shipbuilding & Marine Engineering (DSME) yard in South Korea.
Qatari Vessels Barred from Suez Canal Ports
Egypt has banned all Qatari vessels from entering the Suez Canal Economic Zone in line with the country’s decision to bar Qatari ships from Egyptian ports in the aftermath of the severing of ties with Qatar. However, the passage through the Suez Canal has not been affected and it is allowed to all v
Two dusters for Statoil, Husky in Flemish Pass, Canada
Norwegian oil company Statoil and its Canadian partner Husky Energy have not been able to find oil and gas in their latest drilling campaign offshore Canada. Statoil has said it has, together with Husky, completed a two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundlan
Novatek’s gas production drops in H1
Novatek, the developer of the giant Yamal LNG project in Russia, reported on Monday a decline of 8 percent in its gas production in the first half of this year. Russia’s second-biggest natural gas producer said in its preliminary report that the company’s natural gas production totaled 31.04 billion
LNG giant Shell to invest billions in new energies to cut emissions
The Hague-based LNG giant Shell aims to spend as much as $1 billion a year on its New Energies unit by the end of the decade as it is seeking to lower emissions. “In some parts of the world we are beginning to see battery electric cars starting to gain consumer acceptance. This has to […]
UK, Norway lifting ban on Super Puma flights
The UK and Norway are going to lift the ban on the Super Puma helicopters put in place after the fatal crash near Turøy in Norway in April 2016. The flight restrictions in UK and Norway on H225LP and AS332L2 helicopters, popularly known as Super Pumas, have been in place since April 2016, when a [&h
Adani breaks ground on Dhamra LNG project
India’s infrastructure company, Adani Group on Sunday broke ground on its Dhamra LNG terminal at the Dhamra Port, Odisha.
Clarksons: Which Fleets Are Cross-Traders in Shipping?
“Going where the work is” has been a familiar mantra for many generations across the world, and the shipping industry is no different, according to Clarksons Research. In an analysis, the provider of data and market intelligence for shipping industry looks at the top shipowning nations and the tradi
Opinion: The oil and gas sector must not be complacent about cyber security
If successful, a cyber-attack could prove catastrophic in the oil and gas sector.