Guyana's Ministry of Natural Resources says it is planning to have a new Petroleum Directorate established and functioning within Q1 this year. The move comes as the South American country eyes its first offshore oil production, following…
Private equity back UK explorer Azinor Catalyst says success on a planned exploration well in Scotland's Outer Moray Firth could change industry perception of what is an under-explored part of the Moray Firth. The firm is planning a well on its Partidge prospect in the Outer Moray Firth…
UK Oil & Gas Investments subsidiary UKOG Solent has been granted a one-year extension to its initial term on license P1916, off the Isle of Wight, England, to 31 January 2018. UKOG says P1916 contains an undrilled Portland limestone conventional oil prospect…
Australia-based explorer Pura Vida Energy has agreed in principal a deal with a rig contractor to fund a share of the costs of a three-well drilling program offshore Gabon, west Africa, in return for a share of future production on any discoveries found…
Transocean has filed a complaint of patent infringement against fellow rig builder Noble Corp. in a Houston court, accusing Noble of infringing upon Transocean’s “dual-activity” technology. However, Noble is standing its ground, and says it disagrees with this lawsuit…
MISC Berhad has started the conversion of floating storage, and offloading unit (FSO) Benchamas 2 in a ceremony at the MMHE West Yard, Pasir Gudang, Malaysia. FSO Benchamas 2 will be a conversion of the Bunga Kelana 5, previously operated by AET…
Norway's latest licensing round has seen the fewest companies awarded licenses in the Norwegian Awards in Predefined (APA) areas in a decade. But, the number of licenses offered remains high - the most since 2013, in fact, creating an opportunity…
Lloyd’s Register helps you navigate the regulatory and technical complexities of late life operations and decommissioning. Drive significant cost savings, improve project efficiency and safely decommission assets and facilities.
As of January 2017, Rotterdam Offshore Group (ROG) has started to upgrade their facilities in the Waalhaven, Rotterdam. ROG has acquired the neighboring land and buildings to their existing premises allowing the significant expansion of their quayside…
Siem Offshore has canceled the fourth of four dual fueled platform supply vessels (PSVs) shipbuilding-contracts with Remontowa Shipbuilding in Poland, due to delay in the delivery. “The company is covered with refund guarantees from an…
Höegh LNG has put in orders for several newbuild floating storage and regasification unit (FSRU) with two Asian shipyards, South Korea’s Samsung Heavy Industries (SHI), and Hyundai Heavy Industries (HHI). The deal with SHI includes one firm FSRU (FSRU #10)…
The first Siemens 6 MW wind turbine from the Veja Mate Offshore Wind Farm in the German North Sea started supplying the German electricity grid with green, renewable energy, just 18 months after financial close, and two months ahead of schedule…
Norwegian offshore construction vessel (OCV) operator Forland Shipping awarded OSM full technical management of its two OCV’s, the Fugro Saltire and the Lewek Inspector. OSM already provides the crew to the vessels. “We are very proud…
Chevron North Sea awarded Atkins a three-year framework contract for structural integrity services across selected fixed and floating platforms in the UK North Sea. The contract covers assets including the Alba Northern platform and topsides…
US explorer Park Place Energy has completed the US$2.1 million acquisition of three Turkish companies, the Tiway Companies, from Tiway Oil BV. Image from Park Place Energy. The…
Subscribe
