News
Oil edges down as OPEC sees market rebalancing at slower pace
Oil prices edged down on Tuesday after OPEC reported an increase in its production for May despite a supply cut agreement
Poten & Partners: Smaller Tankers Likely to Benefit from Qatar Crisis?
If crude oil vessels from Qatar are banned from entering neighboring countries’ ports, it could have a small negative impact on the VLCC market, although Aframaxes and Suezmaxes may benefit, Poten & Partners said, reflecting on the implications of the Qatar crisis for the tanker market. With co-load
FERC to prepare Jordan Cove LNG EIS
The United States Federal Energy Regulatory Commission issued a notice of intent to prepare an environmental impact statement for the proposed Jordan Cove LNG project in Coos County, Oregon.
TechnipFMC buys remaining Kanfa stake from Sevan
Sevan Marine, a Norwegian designer of offshore oil and gas facilities, has sold its shares in the topside specialist Kanfa to TechnipFMC. Technip, now TechnipFMC, initially acquired a 49 percent stake from Sevan, back in 2014 for an undisclosed amount. Under the agreement Sevan has agreed to sell it
Bureau Veritas to Certify Groix Floating Wind Array
Bureau Veritas has been awarded a contract for certification of the floating wind array to be deployed between the Groix and Belle-Ile Islands in France.
Bureau Veritas to Certify Groix Floating Wind Array
Bureau Veritas has been awarded a contract for certification of the floating wind array to be deployed between the Groix and Belle-Ile Islands in France.
McDermott installs first jacket from Dammam yard
McDermott, a U.S.-based engineering, procurement, construction and installation company, recently loaded out and installed the first jacket fully fabricated by the company at its recently opened Dammam fabrication yard in Saudi Arabia. The Safaniya 264 jacket is part of McDermott’s long term agreeme
Guinea announces first licensing round
The Republic of Guinea has launched its first offshore licensing round. The licensing round was announced by Diakaria Koulibaly, CEO of Office National du Petrole (ONAP), at the NOC assembly, in Paris. The round will be open for six months from October 2017, with awards expected by October 2018. Com
Allen Archaeology Wins Triton Knoll Contract
Triton Knoll Offshore Wind Farm has awarded its largest onshore contract to date to Lincoln-based archaeologists Allen Archaeology.
UK North Sea contractors’ confidence rising, report says
Improvements in oil and gas contractor confidence both in the UK Continental Shelf (UKCS) and internationally suggest some businesses are seeing signs of recovery and are focused on the future, according to an industry report released today. The findings of the 26th Oil and Gas survey, conducted by
Eni submits Beaufort Sea exploration plan. BOEM seeks public input
Italian oil company Eni is looking to explore for oil and gas in the Beaufort Sea, offshore Alaska, and the U.S. offshore regulator has invited public comment on the company’s exploration plan. The U.S. Bureau of Ocean Energy Management (BOEM) said the plan proposed to drill into the federal submerg
Yamal LNG secures €425 mln credit facility
Novatek-led Yamal LNG project secured 14-year credit facilities in the amount of €425 million ($476.8 million) with Raiffeisen Bank International and Intesa Sanpaolo.
8.2 Consulting Inspection Work Framed by ISO 17020 Accreditation
8.2 Consulting’s inspection portfolio regarding wind turbine generators and conformity checks along grid connection certification activities have been accredited as inspection body by DAkkS (German Accreditation Body) according to DIN ISO/IEC 17020.
Indonesia: Donggi-Senoro ships 18 LNG cargoes by June
Donggi-Senoro LNG plant in Indonesia has dispatched 18 cargoes of the chilled fuel by June 2 this year.