News
Statoil gets go-ahead to use Gina Krog ahead of start-up
Norway’s offshore safety agency, the Petroleum Safety Authority (PSA), has given Statoil the consent to put the North Sea’s Gina Krog platform and associated pipeline system into service. In June 2016, Statoil, as the operator, received a partial consent from the PSA to put into service the accommod
Sovcomflot charters Polarcus’ seismic vessel
Polarcus, an Oslo-listed marine seismic acquisition company, has delivered its Polarcus Amani seismic vessel to Russia’s Sovcomflot, as per an agreement announced in February. Polarcus has signed the charter deal for the vessel with Sovcomflot, and the vessel was delivered to Sovcomflot on Friday in
TGS in seismic survey offshore Ireland
Norwegian seismic data acquisition company TGS is undertaking a new multi-client acquisition project, Crean 3D on the Irish Atlantic Margin. Crean 3D (CRN 3D) is a multi-client survey of more than 5,400 square kilometers located in the South Porcupine Basin between the Porcupine High and the Irish M
Top News of the Week, 17 – 23 April 2017
Portuguese Company Ramping Up for Offshore Wind Portugal-based ASM Energia is reportedly planning on increasing its involvement in the offshore wind sector and has chosen the port of Aveiro as a location for its new EUR 25 million plant that would accommodate the production of foundations. Dutch Pla
Top News of the Week, 17 – 23 April 2017
Portuguese Company Ramping Up for Offshore Wind Portugal-based ASM Energia is reportedly planning on increasing its involvement in the offshore wind sector and has chosen the port of Aveiro as a location for its new EUR 25 million plant that would accommodate the production of foundations. Dutch Pla
Popular news, April 17 – 23, 2017
The most popular articles of the week.
Top news of the week April 17-22
Woodside’s Karratha gas plant suffers production outage Australian LNG player Woodside said its Karratha gas plant had suffered an unexpected production outage on Saturday. WoodMac: 60 pct of US LNG supplies to land in Europe Europe is expected to be the number one destination for U.S. liquefied nat
Alliances Creating Congestion at Shanghai Port
Alliances’ product restructuring and increased throughput volume are creating high congestion at the Port of Shanghai, according to an announcement issued by Shanghai International Port Group. As informed, the Port of Shanghai is undertaking actions to return port operations to normal. In addition t
Indian Dockworkers Shelve Nationwide Strike
The nationwide strike planned by Indian dockworkers for this week has been called off for the time being following preliminary talks between labor unions and the country’s Labor Ministry. However, the strike option has not been ruled out altogether as unions only moved the strike for May 12 providin
Canadian E&C giant to take over UK rival
Global engineering and construction firm SNC-Lavalin is set to take over its UK rival WS Atkins. Canada-based SNC-Lavalin has offered to buy WS Atkins for a total amount of around £2.1 billion (C$3.6 billion), or £20.80-a-share. The Atkins directors have endorsed the offer, deeming it “fair and reas
Saipem 1Q revenue, profit down
Italian oilfield services contractor Saipem recorded a drop in revenue and profit in the first quarter of 2017, however it said the drop was in line with expectations. Revenue fell to 2.26 million euros, from 2.84 million a year ago. Net profit was 47 million euros, a decrease from 61 million in the
Pori Ready for Next Batch of Tahkoluoto Wind Turbine Components
The next two shipments of turbine components for the 40MW Tahkoluoto offshore wind farm are set to arrive in Pori, Finland, next week, according to the developer’s social media pages.
Key Challenges to Paying Seafarers during Captivity
In light of increased maritime piracy attacks, especially off the Horn of Africa, which often include hijacking of seafarers, employers are facing new challenges. Namely, employers are obliged to pay salaries to their workers while in captivity, however, an issue arises on the duration of that payme
ExxonMobil inks deal to supply LNG to Indonesia’s Pertamina
U.S.-based oil and gas giant ExxonMobil has signed a 20-year deal to supply liquefied natural gas (LNG) to Indonesian state energy company Pertamina. Under the memorandum of understanding, Pertamina will buy 1 million tonnes of LNG per year starting in 2025. No further details of the LNG supply agre