News
Sentinel’s new ERRV set for Mariner field deployment
Sentinel Marine, a Scottish provider of offshore support vessels, has taken delivery of a new emergency response and rescue vessel. The 65 meters long, 16.6 meters in wide ERRV vessel has been delivered by China’s Cosco Guandong Shipyard. The Mariner Sentinel has been custom built for Statoil, which
Cost overrun on Ichthys LNG project to be minimal
Cost overruns on the Inpex-led Ichthys liquefied natural gas project (LNG) will be minimal despite the start-up being pushed back by up to six months from the previous target of Q3 2017.
Hurricane Energy mulling fundraising options for Lancaster
Hurricane Energy, the operator Lancaster – one of the largest undeveloped oil fields in the UK North Sea – has entered into an agreement to secure some cash to help preserve liquidity ahead of a future larger fundraising for the project. The company on Friday said it signed a deal with Stifel Nicola
Matchmaking for Offshore Wind Companies During OEEC
A special international matchmaking event will be organised during the 2017 edition of Offshore Energy, headed by the Enterprise Europe Network (EEN).
Matchmaking for Offshore Wind Companies During OEEC
A special international matchmaking event will be organised during the 2017 edition of Offshore Energy, headed by the Enterprise Europe Network (EEN).
Matchmaking during OEEC
A special international matchmaking event will be organised during the 2017 edition of Offshore Energy, headed by the Enterprise Europe Network (EEN). This B2B event offers business contacts to industry, science and technology professionals the opportunity to meet, discuss and network. Companies loo
Total takes block offshore Mauritania
French oil major Total and the Government of Mauritania have signed an exploration and production contract to perform exploration works on offshore Block C7. Total said on Friday that the company would take operatorship of the block with a 90 percent stake. The remaining ten percent will be held by
Sempra says no change in Cameron LNG export plans
Sempra Energy’s Cameron LNG export project remains “on schedule” to start shipping the chilled fuel from its first two liquefaction trains next year, according to Chief Executive Debra Reed. To remind, CCJV, a joint venture between CB&I and Chiyoda and the project’s engineering, procurement and cons
Bowleven to cut down workforce
Following a number of leadership changes led by an activist shareholder, Bowleven, the Cameroon focused oil and gas group traded on AIM, will reduce its headcount after deciding there will be no new exploration activity at this time. To remind, Bowleven’s shareholders at a general meeting in March v
OLT Offshore closes five-cargo LNG tender
OLT Offshore LNG Toscana closed its tender for the regasification and storage capacity at the FSRU terminal for June and July.
Higher oil prices push Maersk Oil back to black in 1Q
Danish oil company Maersk Oil has recorded a profit in the first quarter of 2017, stating higher oil prices as one of the main reasons. Maersk Oil said that the company’s underlying profit was $328 million opposed to a loss of $29 million for the 1Q 2016. This is understandable as an average oil pri
Caterpillar develops LNG test bed in Kiel
Caterpillar Marine unveiled a liquefied natural gas (LNG) test bed for gas-fuelled engines at its facility in Kiel.
EIA: Sabine Pass LNG exports rise
Natural gas spot prices in the United States rose at most locations in the week ending May 10 with the Henry Hub price rising 2¢ from last Wednesday. The Henry Hub spot price rose from $3.09/MMBtu last Wednesday to $3.11/MMBtu two days ago, according to the weekly report by the Energy Information Ad
Petrobras’ LNG imports down in Q1
Brazil’s state-controlled oil and gas company Petrobras said Thursday its first-quarter liquefied natural gas (LNG) imports dropped by 78 percent year-on-year. LNG imports into Brazil stood at 16 Mbbl/d (thousand barrels per day) last year as compared to 74 Mbbl/d the year before, Petrobras said in