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Carbon Trust to Make Offshore Wind Vessels Greener

Jan 23, 2019

The Carbon Trust's Offshore Wind Accelerator (OWA)  issued a Request for Information (RFI)  on the potential to reduce emissions and fuel consumption in offshore vessels. OWA plans to start a new industry competition next month.The RFI is the…

Schottel Merges Tidal Units to Sustainable Marine Energy

Jan 20, 2019

Schottel, the manufacturer of propulsion and steering systems for ships and offshore applications, has made a strategic decision to merge its tidal energy businesses into Sustainable Marine Energy (SME), including UK subsidiary TidalStream Ltd…

Inpex Wins Exploration Acreage Offshore Norway

Jan 20, 2019

Japan’s Inpex Corporation, through its unit Inpex Norge bagged two exploration licenses offshore Norway in Norway’s Awards in Predefined Areas (APA) 2018 licensing round.The PL1027is located in the western Barents Sea offshore and PL1016 is…

Singapore MPA, Société Générale Join LNG Advocacy Group

Jan 16, 2019

The liquefied natural gas (LNG) advocacy group SEA\LNG has announced the appointment of Paul Taylor representing Société Générale and Capt M. Segar representing MPA (The Maritime and Port Authority) of Singapore as Directors of SEA\LNG Ltd.Following elections last December…

Norway Ready to Claim Share of Russia's Arctic Finds

Jan 10, 2019

Norway will step up preparations to claim its share of oil and gas resources if Russia finds petroleum on its side of a border in the Barents Sea, the head of Norwegian Petroleum Directorate (NPD) said on Thursday.Norway and Russia in 2010 agreed a maritime border in the Barents Sea…

Neptune Energy Indonesia Gets New Managing Director

Dec 19, 2018

The oil and gas producer Neptune Energy has announced the appointment of Eko Lumadyo as Managing Director of its Indonesian business, based in Jakarta.Lumadyo will join Neptune from Mandala Energy Indonesia, where he is currently Country President and General Manager…

Chrysaor Sets Sights on Chevron's North Sea Assets

Dec 13, 2018

Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron's British North Sea oil and gas fields for over $2.5 billion, industry and banking sources said.Chrysaor has signed up investment banks Jefferies and BMO…

Attempted Oil Theft Leads to Spill

Dec 10, 2018

At least 60,000 liters (377 barrels) of oil spilled into Rio de Janeiro's Guanabara Bay and a nearby river over the weekend after an attempted robbery on a pipeline, Petroleo Brasileiro SA's Transpetro unit said, highlighting the dangers of Brazil's thriving trade in stolen oil…

Putin says TurkStream Gas Pipeline Could be Extended via Greece

Dec 07, 2018

Russian President Vladimir Putin said on Friday that the TurkStream gas pipeline could be extended further into Europe via Greece, as he met Greek Prime Minister Alexis Tsipras in Moscow.The first line of TurkStream, which runs from Russia to Turkey via the Black Sea bed…

Husky SeaRose FPSO Ops Suspended

Nov 27, 2018

Operations at the SeaRose floating production, storage and offloading (FPSO) vessel are suspended, with all production wells secure, after an oil release, according to information released by Husky EnergyOperations will remain suspended until…

SafeSTS Debuts in the Middle East

Nov 22, 2018

SafeSTS, which is owned by Future Marine Services, has made a strong start in the Middle East  region, undertaking five UAE ship-to-ship transfers for two oil majors in its first six weeks of operation.The charterers to conduct ship-to-ship…

Engie to Buy Gas from Romania's Black Sea Oil & Gas

Nov 20, 2018

Romanian based independent oil and gas company Black Sea Oil & Gas together with its co-venture partners, Petro Ventures Resources and Gas Plus International, announced the signing of the Gas Sales Agreement with ENGIE through its subsidiary…

TurkStream Gas Conduit Offshore Section Complete

Nov 19, 2018

The pipe-laying vessel  Pioneering Spirit pipelaying vessel completed the construction of the offshore section of the TurkStream gas pipeline in the Black Sea.  The TurkStream pipeline will carry Russian gas across the Black Sea to Turkey.The…

Teekay Expects Recovery in Tankers Market

Nov 15, 2018

Crude tanker rates have continued to strengthen during the early part of the fourth quarter of 2018, particularly in the Atlantic Basin with Aframax tanker rates in this region attaining levels not seen since December 2016 and Suezmax tanker rates averaging the highest since March 2017…

U.S. Calls on Hungary and Neighbors to Shun Russian Gas Pipelines

Nov 13, 2018

U.S. Energy Secretary Rick Perry called on Hungary and its neighbours to reject Russian gas pipelines which Washington says are being used to cement Moscow's grip on central and eastern Europe.Energy diversification would be crucial for the region…

Current News

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Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

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ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

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