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Europe Offshore Fleet has 105 Wind Farms

Apr 10, 2019

There are now 189 GW of wind energy in Europe, making up 14% of the EU’s power demand. 18.5 GW of this is in Europe’s offshore fleet, whose 105 wind farms and 4,500 turbines now provide 40,000 jobs.According to WindEurope CEO Giles Dickson, this is set to grow…

Unique Group Debuts New Survey USV

Apr 10, 2019

Unique Group, a provider of  services and solutions for the offshore, subsea and life support industries, has designed and developed its first Unmanned Surface Vehicle (USV) called Uni-Cat.With proven hydrographic survey capabilities, the Uni…

Corvus to Power Oslo Port Zero-Emission Workboat

Apr 10, 2019

Battery manufacturer Corvus Energy will supply a 550kWh Energy Storage System (ESS) for a new all-electric skimmer workboat.The new vessel designed for efficient collection of trash at the water surface will operate in Norway’s Port of Oslo…

Aasta Hansteen Field Shut after Gas Leak

Apr 09, 2019

Production at Equinor's Aasta Hansteen gas field remained shut on Tuesday after a gas leak the previous day.'We are focusing on finding the cause of the leakage and prepare for repairing. We are still working on that,' Equinor spokesman Morten Eek said…

Oil Slips from Five-Month High

Apr 09, 2019

Oil slipped from a five-month high above $71 a barrel on Tuesday as Russian comments signalling the possible easing of a supply-cutting deal with OPEC countered concern that violence in Libya could further tighten global markets.Supply curbs…

$13 Bln Papua LNG Project Pushes Ahead

Apr 09, 2019

France's Total and its partners signed a long-awaited deal with Papua New Guinea on Tuesday that will allow initial work to start on a $13 billion plan to double the country's liquefied natural gas exports.Developing the Pacific island nation's…

Swiss, Brazil Try to Unravel Petrobras Affair

Apr 09, 2019

Crimefighters in Switzerland and Brazil pledged to intensify cooperation to resolve the sprawling corruption case linked to state oil firm Petrobras in which around 700 million Swiss francs ($701 million) remain frozen in Switzerland.Switzerland…

XL Group Acquires AMC

Apr 08, 2019

Aberdeen based technology and engineering company XL Group announced on Monday it has acquired Artisan Measurement & Control Limited (AMC) in a move to add expertise, products and services in calibration, measurement, tanker loading, blending…

Oil Hits Five-month High

Apr 08, 2019

Oil prices rose to a five-month high on Monday, driven by expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela.International benchmark Brent futures rose 74 cents…

Genel Energy Names Higgs CEO

Apr 08, 2019

Genel Energy Plc named oil veteran and Chief Operating Officer Bill Higgs as its top executive, the oil and gas exploration and production company said on Monday.Higgs' appointment as chief executive officer comes as the company, the largest…

Russia Signals OPEC Should Raise Output

Apr 08, 2019

One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles.Dmitriev…

Qatargas Delivered 500 Cargoes LNG to China in Ten Years

Apr 07, 2019

Qatargas Operating Company Limited (Qatargas) has recently highlighted its long-term relationship with China.'Qatargas has reliably supplied Liquefied Natural Gas (LNG) to China for 10 years, having safely delivered more than 500 cargoes of LNG to date…

Guanghui Signs 10-year LNG SPA with Total

Apr 07, 2019

France’s Total and  Guanghui Energy, a China-based company, principally engaged in the natural gas and coal business, have signed a long-term sale and purchase agreement (SPA) for the supply of 0.7 million tonnes per year of liquefied natural gas (LNG) for a period of 10 years…

Iran, Iraq Plan Two Oilfields Development

Apr 07, 2019

Iran and Iraq have reached an agreement for joint development of the Naft Shahr and Khorramshahr joint oil fields, Iranian Minister of Petroleum Bijan Zangeneh said.Speaking on Sunday, on during a visit to the Energy Industries Engineering and Design (EIED…

Global LNG Bunker Fuel Market to Reach $1.3bln by 2026

Apr 07, 2019

The global Liquefied Natural Gas (LNG) as a bunker fuel market was valued around US$ 550 million in 2017, and is expected to register a CAGR of over 8.5%. The bunker fuel market revenue value is exprected to reach US$ 1,263.2 million in 2026…

Current News

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

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Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Philippines Makes First Offshore Gas Discovery in Over a Decade

Philippines Makes First Offshore Gas Discovery in Over a Decade

Woodside to Supply LNG to JERA During Japan's Winter Peak

Woodside to Supply LNG to JERA During Japan's Winter Peak

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

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