Anadarko Nearing FID for Mozambique LNG
U.S. independent energy producer Anadarko moved closer to a final investment decision (FID) to build a giant liquefied natural gas (LNG) terminal in Mozambique after signing up an Indian buyer for the gas and saying another deal was imminent.Anadarko and Exxon Mobil are expected to sanction two separate but neighboring LNG projects in Mozambique this year after finding large offshore gas deposits, turning the African nation into a major global gas exporter.The company said on…
GasLog Sets Charter Deal with Centrica, Orders New LNG Vessel
Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries. A 180,000 cubic meter LNG carrier (HN 2262) with low pressure two stroke (“LP-2S”) propulsion has been ordered from Samsung Heavy Industries in South Korea, with expected delivery in the third quarter of 2020. The rate of hire for the Charter is broadly in line with mid-cycle rates.
Qatargas Inks Deal to Deliver LNG to Austria's OMV
State-run Qatargas on Wednesday agreed a sale and purchase deal with Austrian oil and gas group OMV to deliver up to 1.1 million tonnes of liquefied natural gas annually for five years. From January 2019, the gas will be provided by Qatar Liquefied Gas Co, a venture between Qatar Petroleum and Shell . It will be delivered to the Gate LNG Terminal in the Netherlands on board Qatargas’ chartered LNG vessels. Facing threats to its market share in Europe from a wave of new U.S. supply and in Asia from new Australian plants…
V.Group Appoints Ian El-Mokadem as CEO
UK-based ship management company V.Group announced the appointment of Ian El-Mokadem as Chief Executive Officer and Martin Gaard Christiansen as Chief Commercial Officer. Both will assume their positions in the autumn. Ian joins from Exova, the global provider of technically demanding testing, calibration and related advisory services, where he served as Chief Executive for the last six years. Ian was responsible for professionalising and growing the business, which operates in 33 countries…
Simmons Edeco Promotes Hunt to Operations Manager
SIMMONS EDECO, a supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that Mark Hunt has been promoted to the newly created position of Operations Manager for its European base of operations in Great Yarmouth, England. In his new role, Hunt is responsible for overseeing the strategic development of operations initiatives. In view of the company’s recent reorganization that involves plans to expand globally, Hunt is reviewing existing processes with a view to standardizing and strengthening operations.
DNV GL Guideline Trashes Unnecessary Subsea Documentation
Customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation. A cross-industry project led by DNV GL to halt the boom in subsea documentation shows that implementing a standardized approach can significantly reduce engineering hours. The two-year collaboration led by DNV GL has concluded in a publicly available Recommended Practice which can reduce the amount of subsea documentation and enable documentation reuse in a typical subsea field development project.
Det Norske hit by Revenue Drop
Det Norske Oljeselskap ASA slumped to an operating loss in the first quarter on significantly lower revenue. The company reported a revenues of $ 205 (Q1 2015: USD 329) million in the first quarter. Production in the same period was 60,600 barrels of oil equivalent per day, while the realized oil price was $ 37 on average per barrel. EBITDA for the quarter amounted to 129 (261) million, and EBIT was -23 (86) million, after an impairment charge of 38 (53) million dollars. The quarterly result was 32 (2) million, giving earnings per share (EPS) of 0.16 (0.01) dollars.
Bibby Marine Services Names Bolton Operations Director
Bibby Marine Services, owners of the recently commissioned Service Operations Vessel (SOV) for offshore wind farm operators, Bibby WaveMaster 1, has announced the appointment of Stephen Bolton as Operations Director. Bolton brings over 20 years of electricity industry experience to the role, having worked at wind farms (including North Hoyle, Barrow, Lynn and Inner Dowsing, Thanet, Rhyl Flats and Gwynt y Mor), and in senior roles at electricity companies such as RWE and Centrica.
OIS Names Shellard Managing Director in Aberdeen
Offshore Installation Services Ltd (OIS), an Acteon company, has named Colin Shellard as its new managing director. Based in Aberdeen, Shellard is responsible for setting the strategy at OIS, as the company continues to focus on new opportunities in the offshore decommissioning sector. He will also play a key role in developing opportunities for OIS to work together with other Acteon companies. Shellard has more than 16 years of experience in offshore construction and subsea engineering.
Ampelmann Names New CEO
Developer of motion compensation solutions Ampelmann announced that its supervisory board has appointed Jim Craig as the company’s new chief executive officer, effective immediately. Craig brings more than 25 years of energy industry experience to the role, having previously served as the managing director of Centrica Storage. Ampelmann's inventor and founder, Jan van der Tempel, decided to step down from the position of CEO to dedicate more time to teaching and technology development. He will continue his involvement with the company as a member of its supervisory board.
DNV GL Project Addresses Subsea Structural Well Integrity
DNV GL inform that they are leading a broad industry collaboration to address structural well integrity. Fatigue loading on subsea wellhead systems from riser and rig motions has been subject to increased attention in recent years. In an effort to enhance how the offshore industry is carrying out wellhead fatigue assessments, 16 operators are now progressing with a second phase of a Joint Industry Project (JIP). Their goal is to develop a Recommended Practice (RP) to complement current codes and standards and improve methodology to assess the integrity of an important well barrier.
Weston Appointed Manager at Survival Craft
Survival Craft Inspectorate (SCI), a global provider of emergency marine systems and support services, said it has made a key appointment as it targets further growth in 2014. David Weston has been appointed training and competence operations manager at the business, which recently opened its 12th office in Rotterdam. As well as his company-wide auditing role, David – who served in the RAF for 22 years – heads up the new Survival Craft Inspectorate Training Academy in Stonehaven.
Flexlife Makes Double Management Appointment
Flexlife, the subsea flexible pipes specialist, has strengthened its management organization with two senior appointments. Simon Hounsome joins Flexlife’s Aberdeen headquarters as integrity and projects director, responsible for the policy, strategy and technical services delivered globally from the firm’s Aberdeen, Newcastle and Houston offices. Mr. Hounsome brings more than 20 years’ oil and gas experience in construction projects and operations management. Most recently he worked at JP Kenny, where he held the position of business manager – operations support.
Bibby Makes Two Staff Appointments
Bibby Offshore’s newest division, Bibby Remote Intervention Limited (BRIL) Recently increased its workforce following the creation of two new positions. David Howe joins the firm as project director and Robin Longstaff as survey manager. BRIL was established at the end of 2011 to manage the increased market demand for ROV services and has since expanded from support of the company’s own vessels and diver-less intervention services to external clients. The past 12 months has seen staff numbers rise considerably…
BAE's New Chairman Designate Joins the Board
Sir Roger Carr will join the Board as a non-executive director & Chairman designate on 1 October 2013 and will succeed Dick Olver as Chairman in the first quarter 2014, following a transition period. Sir Roger, 66, is currently Chairman of Centrica plc and was until recently President of the CBI, the UK’s main business lobbying group. He is also Deputy Chairman and Senior Independent Director of the Court of the Bank of England and a member of the UK Prime Minister’s Business Advisory Group. He will step down as Chairman of Centrica on or before the Centrica AGM in 2014.
Russian Companies Get Norwegian Arctic Offshore Licenses
Both Rosneft and Lukoil have secured license rights to blocks issued by the Norwegian government in Arctic waters. The massive opening of the Barents Sea for the oil industry includes invitations to Russia’s two powerful Russian petroleum companies, the first ever Russian companies on the Norwegian shelf, reports the 'Barents Observer'. Citing an announcement made by Minister of Petroleum and Energy Ola Borten Boe, Barents Observer says that Rosneft and its Norwegian subsidiary RN Nordic gets 20 percent of one license in the Barents Sea.
East Coast UK Wind Farm: Final Turbine Installed
The 75th and final turbine has been installed at the Lincs Offshore Wind Farm. The installation marks a major milestone in the development of the 270MW project, which will be capable of producing enough energy to meet the annual power needs of more than 200,000 households – equivalent to two thirds of the homes in Lincolnshire, reports the Lincolnshire Echo. Construction of the project, located eight kilometres (five miles) off the coast of Skegness, started in 2010 with full commissioning expected later this year.
Towering Met Mast Order for GL Garrad Hassan
Centrica awards contract to GL Garrad Hassan for design, supply, installation & operation of an offshore meteorological mast system. The contract is for Centrica's Celtic Array project in the Irish Sea. Located 15km north of Anglesey, the system includes a meteorological mast, power supply system, navigational aids and full suite of measurement equipment. “We’re delighted to be delivering to this high profile Round 3 project and having the opportunity to use what our Measnet-accredited…
Stoddart to lead GL Noble Denton - Americas
GL Noble Denton, the independent technical advisor to the oil and gas industry, has appointed industry veteran Arthur Stoddart to lead its operations in the Americas. Stoddart will become Executive Vice President for the region, based in Houston. He will take overall responsibility for developing GL Noble Denton's presence across the United States, Canada, Mexico and Brazil. The company has an extensive track record of advising operators on the safety, integrity and performance of their on-and offshore assets…
Alexander Chairs Port of London Authority
The UK Secretary of State for Transport, Lord Adonis, has appointed Helen Alexander, CBE, as Chairman of the Board of the Port of London Authority (PLA), with effect from 1 January 2010. She will succeed Simon Sherrard, who has been PLA Chairman since 2001. Helen Alexander is president of the CBI and has been a non-executive director of the PLA since June this year. She is also Chairman of Incisive Media, and a non-executive director of Rolls Royce plc and Centrica plc.