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Kvaerner Wins Sverdrup Jacket Number Four

Oct 31, 2018

Norway's Equinor has awarded a NOK 900 million ($107 million) contract to local contractor Kvaerner for delivery of the steel substructure for the Johan Sverdrup Phase 2 process platform.The engineering, procurement and construction (EPC) award…

SIMEC Atlantis Energy Plans 'Europe's Largest Tidal Project'

Oct 31, 2018

The developer of tidal energy projects SIMEC Atlantis Energy announced the formation of a joint venture company with Development Agency for Normandy (AD Normandy) for the purpose of developing a large-scale project in Raz Blanchard, Normandie…

Gazprom 95% Completes TurkStream Gas Pipeline's Offshore Section

Oct 31, 2018

Russian oil and gas giant Gazprom is progressing a number of gas pipeline  stretching across the Black Sea projects with three major projects already 95.5 percent complete, the company claimed.The TurkStream will soon see the completion of its offshore section…

Skangas Inks LNG Bunker Deal with Gothia Tanker Alliance

Oct 31, 2018

Skangas entered into an agreement with parts of the Gothia Tanker Alliance to supply liquefied natural gas (LNG) as fuel.The new agreement comprises current as well as new vessels with LNG propulsion soon to come, said a press release from the…

Yarudeyskoye Field Produced 10 MT of Crude Oil

Oct 31, 2018

PAO Novatek announced that cumulative production at the Yarudeyskoye field owned by the Company’s subsidiary Yargeo, reached a milestone of 10 million tons of crude oil production since the commencement of operations.The field’s commercial production commenced in December 2015…

First LNG shipment from Ichthys project arrives in Japan

Oct 30, 2018

The first liquefied natural gas (LNG) shipment from the giant Ichthys project in Australia arrived at Inpex's Naoetsu LNG receiving terminal in northern Japan on Wednesday, the Japanese operator of the project said.The LNG vessel Pacific Breeze…

Bolsonaro Approached Castello Branco About Being Petrobras CEO

Oct 30, 2018

Brazilian President-elect Jair Bolsonaro's team approached Roberto Castello Branco, a former board member at state-controlled Petroleo Brasileiro SA (Petrobras), about the possibility of his becoming its new chief executive, two people with knowledge of the matter said on Tuesday…

The 'Digital Twin' Evolution for Offshore Wind

Oct 30, 2018

Testing, inspection and certification services provider Bureau Veritas said it has partnered with Offshore Renewable Energy (ORE) Catapult in an effort to jointly develop a Veristar AIM 3D “Digital Twin” of ORE Catapult’s 7MW Levenmouth Offshore Wind Demonstration Turbine in Fife…

Bilfinger Secures Johan Sverdrup Contracts

Oct 30, 2018

German based Bilfinger said on Tuesday it has received follow-up orders from its contract partner, the Norwegian service company Aibel, that are to tie in with phase 1 of the Equinor operated Johan Sverdrup oil field project on the Norwegian continental shelf…

Engie Gets Green Light for Offshore Wind Projects in France

Oct 30, 2018

French energy group Engie said on Tuesday it has received clearance for its grounded 500 MW gigawatt capacity offshore Yeu and Noirmoutier wind projects.Engie said the 2 billion euro ($2.27 billion) projects, which it is developing with renewables company EDPR…

Cheniere to Commission 1st Corpus Christi LNG Cargo

Oct 30, 2018

Cheniere Energy will commission the first liquefied natural gas (LNG) cargo from its new Corpus Christi export terminal on Nov. 15, the Texas port's chief executive said on Tuesday.The commissioning of the cargo, months ahead of schedule, will…

Brazil's Cosan Eying Refining Partnership with Petrobras

Oct 30, 2018

Brazil's Cosan SA Indústria e Comércio, a leading ethanol producer and fuel distributor, is interested in refining partnerships with oil company Petroleo Brasileiro SA, its chairman Rubens Ometto said on Tuesday.The company is 'looking at' potential partnerships…

Rowan Reliance Awarded Fieldwood Contract

Oct 30, 2018

Offshore drilling contractor Rowan Companies plc announced Monday that its drillship Rowan Reliance has been awarded a contract in the U.S. Gulf of Mexico by Fieldwood Energy LLC.The contract is for a firm term of one year plus three 90-day options…

Herman Sr. BV Places Order for Damen Shoalbuster

Oct 30, 2018

A contract has been signed between Damen Shipyards Hardinxveld and Herman Sr. BV for the building and delivery of a Shoalbuster 2308 S, to be named Teddy. The new vessel will join the five other Damen Shoalbusters currently operated by the company and…

Oil Prices Fall 2% on Rising Supply and Trade War

Oct 30, 2018

Oil prices fell more than 2 percent on Tuesday on signs of rising supply and concerns that global economic activity and fuel demand would be hit by a deepening U.S.-China trade dispute.Benchmark Brent crude oil fell by $2.25 a barrel to a low of $75…

Current News

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TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

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