Ensco bags more jack-up work

By Offshore Energy Today.. Offshore driller Ensco has been awarded several contracts and contract extensions for its jack-up rigs. In its fleet status report on Monday, the driller said that the 2005-built jack-up rig Ensco 106 was awarded a four-well contract with Sapura Energy offshore Malaysia, which started in March 2017 and expires in September….

Report: Havila sheds anchor handler as part of restructuring plan

By _Offshore_Energy_Today_ Norway’s shipowner Havila Shipping has reportedly sold one of its anchor handling tug and supply (AHTS) vessels to an unnamed Vietnamese buyer. According to information provided by VesselsValue, the vessel in question is Havila’s POSH Venture. The vessel, along with the 2008-built POSH Viking, POSH Vibrant, and POSH Virtue, is operated by POSH…

EU approves investment in LNG-bunkering studies across Europe

By LNG World News European Union member states approved the European Commission’s proposal to invest €22.1 million in the development of transport and energy infrastructure through its Connecting Europe Facility (CEF). The projects include actions proposing the development of LNG storage and fueling facilities in several European countries, with the European Union agreeing to provide…

Gazprom CEO sees share of EU gas market rising despite LNG rivals

By LNG World News CEO of Russia’s state gas giant Gazprom Alexei Miller attends a session of the St. Petersburg International Economic Forum 2016 (SPIEF 2016) in St. Petersburg, Russia, June 16, 2016. REUTERS/Sergei KarpukhinBy Dmitry Zhdannikov LONDON (Reuters) – A new pipeline from Russia’s Arctic fields to Germany will boost Moscow’s share of the…

H-Energy pens five-year FSRU deal with Engie

By LNG World News Hiranandani Group’s H-Energy signed an agreement with the French LNG player Engie to charter the FSRU GDF Suez Cape Ann. The company is set to start importing liquefied natural gas (LNG) in the third quarter of 2018, the company’s CEO Darshan Hiranandani told Reuters. The vessel has been chartered on a…

Former BP CEO Tony Hayward retires as Genel chairman

By _Offshore_Energy_Today_ Tony Hayward, former CEO of the oil major BP, is leaving his chairman position at Genel, an independent oil and gas exploration and production company. Genel said on Monday that Hayward would retire as a director and chairman of the company at the conclusion of the 2017 annual general meeting which will be…

Solstad to return two PSVs from lay-up following contract awards

By Offshore Energy Today.. Norwegian offshore vessel provider Solstad Offshore has been awarded long-term contracts for the platform suppliers Normand Server and Normand Supporter by ConocoPhillips Skandinavia. Solstad said in an Oslo Stock Exchange filing on Monday that the contracts have a duration of four years and eight months each, with further three yearly options….

DOF takes over Canadian Subsea Shipping ahead of Husky contract start

By Offshore Energy Today Norwegian offshore vessel specialist DOF Subsea has taken full control of Canadian Subsea Shipping Company AS. According to a filing on the Oslo Stock Exchange on Monday afternoon, DOF has bought the remaining shares in Canadian Subsea Shipping. DOF, providing survey, remote intervention and diving operations primarily for the oil and…

Nigeria LNG posts lowest annual revenue since 2009

By LNG World News Image courtesy of Nigeria LNGNigeria LNG, the operator of the giant Bonny export plant, reported a 31% drop in its revenue in 2016 due to low oil and gas prices. Low crude prices, that fell more than halved from 2014, hit NLNG’s revenue as most of the company’s contracts are indexed…