Offshore Energy News

 

Standard Club Establishes New Offshore Advisory Committee

Jul 21, 2017

The Standard Club is driving developments in offshore P&I with the launch of the Standard Club Offshore Advisory Committee (SCOAC). SCOAC aims to analyse offshore trends, assist the club in further understanding and disseminating industry best…

Norway: First Trade Deficit in 19 Years

Jul 14, 2017

Norway's trade balance turned negative for the first time in 19 years in June as imports of foreign-made aircraft and oil and gas platforms outweighed exports from the country's petroleum industry. The Nordic country has been running a trade…

Xodus wins Subsurface Contract with Cairn Oil and Gas in India

Jul 14, 2017

Xodus Group won a contract with Cairn Oil and Gas of Vedanta Ltd. to conduct exploration and appraisal work on its Rajasthan block in north-west India over the next two years. The first stage of the work will focus on delivering new drilling prospects and an exploration drilling plan…

BOURBON to Support World's First Autonomous OSV Project

Jul 11, 2017

BOURBON entered into a Memorandum of Understanding (MOU) with Automated Ships Ltd to support the building of the world’s first autonomous, fully-automated prototype vessel for offshore operations, in collaboration with the project’s primary technology partner…

Hunting Appoints Granberg as Development Manager

Jul 10, 2017

Hunting Energy Services has appointed a new business development manager for Norway as it targets further growth in the Scandinavian oil and gas sector.  The company has appointed Ståle Granberg who will oversee the business development…

DNV GL Rolls Out New Sesam

Jul 06, 2017

With the new release of Sesam software for structural engineering and analysis, DNV GL is showing the results of ramped-up focus on cutting costs and boosting efficiency for customers. One of the key targets is reduction of tedious work. “We are resolute about efficiency…

Wood Group Bags Alexandroupolis FEED

Jun 27, 2017

Wood Group has secured a new front end engineering design (FEED) contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System (INGS) offshore Greece. The project, to develop a floating liquefied natural gas (LNG) receiving…

GeoSea Bags Offshore Wind Installation Work from EnBW

Jun 26, 2017

DEME Group’s offshore marine engineering subsidiary GeoSea said that, following successful completion of the design, it also received the Notice to Proceed for fabrication and offshore installation of 16 wind turbine foundations and 1 Offshore…

Statoil, AET Expand Shuttle Tankers Contract

Jun 22, 2017

Statoil ASA and petroleum and chemical tanker owners and operator AET are extending their partnership in the North Sea shuttle tanker sector. Statoil has, awarded a long-term contract to AET, a subsidiary of Malaysian energy shipping group…

Qatargas to Supply LNG to Shell

Jun 18, 2017

Qatargas and Shell have signed a memorandum of understanding (MOU) that will lead to the two companies jointly researching liquefied natural gas (LNG) logistics. Through this joint logistics research collaboration, Qatargas and Shell aim…

BP in Talks with Sirius for Ororo Offtake

Jun 12, 2017

Nigeria's Sirius Petroleum has said that it is in talks with BP, regarding an offtake and pre-payment facility to support the financing of Sirius's proposed drilling programme on the Ororo field in Nigeria. According to the company, the…

MOL Mulls LNG Power Generation on Ships

May 29, 2017

Mitsui O.S.K. Lines (MOL) is exploring the possibilities to generate power from liquefied natural gas (LNG) aboard ships as a low-cost, environmentally friendly alternative to land-based plants. According to a report on Nikkei, MOL is looking…

Tradepoint Atlantic: Logistics for Offshore Wind Projects

May 12, 2017

Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore that features a combination of access to deepwater berths, railroads, highways and storage space, has issued a statement in connection with the Maryland PSC’s…

DMCA Visits Seacor Marine

Apr 30, 2017

Dubai Maritime City Authority visits Seacor Marine, a major operator of offshore marine support vessels, to further reinforce local maritime sector in partnership with private sector. Led by Amer Ali, Executive Director of DMCA, and Nawfal Al Jourani…

BW Offshore to get FPSO from Keppe

Apr 28, 2017

Keppel Shipyard Ltd (Keppel Shipyard), is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to BW Catcher Limited, a wholly-owned subsidiary of BW Offshore. When completed BW Catcher will be on a 7-year fixed…

Logistics News

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Russia Says Magnetic Mines Found on Tanker

Russia Says Magnetic Mines Found on Tanker

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

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Ukraine claims it has hit Russia's Sheskharis Oil Terminal on Black Sea
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