Daily Archives: May 6, 2016

Ayatsil jacket build on hold pending review

PEMEX has asked McDermott International to suspend construction work for the offshore Ayatsil development for 120 days to allow for assessment of the field infrastructure sequencing needs. Read Full Article Here For more great articles: Offshore RSS Feed

MOL starts coastal LNG shuttle transport project in Indonesia

By LNG World News Japan’s Mitsui O.S.K. Lines on Friday revealed it has joined forces with Pelindo Energi Logistic in Indonesia to launch joint operation of the 23,014-cbm LNG carrier Triputra. The vessel carried out the first discharge at Pelindo’s 50 mcf/d FRU unit which is part of a mini LNG import terminal project in…

International offshore rig count up sequentially, down YOY

By Offshore Energy Today.. Oilfield services provider Baker Hughes reported on Friday that the international offshore rig count in April 2016 was up sequentially, but down year over year. According to Baker Hughes’ report, the international rig count for April 2016 was 946, down 39 from the 985 counted in March 2016, and down 256…

Weatherford set to cut workforce by another 2.000

By Offshore Energy Today Oilfield services specialist Weatherford is set to cut 2000 jobs, citing the need to keep costs at bay. Presenting its first quarter results this week, the company said that during the quarter it completed 78% of its latest 6.000 headcount reduction target, meaning almost 4.700 people were let go. However, Weatherford…

Update: EGAS receives first Rosneft LNG cargo

By LNG World News (Updated with Rosneft statement, 06.05.2016.) The Egyptian Natural Gas Holding Company (EGAS) has received its first cargo from Russia’s Rosneft. The two companies agreed a term sheet in August last year, under which Rosneft would deliver 24 cargoes of LNG to Egypt through a two-year period. However, only nine deliveries have…

Ensco loses two semi-sub contracts with Petrobras

By Offshore Energy Today.. UK-based drilling contractor Ensco has received terminations for two rig contracts from Brazil’s oil giant Petrobras and these two semi-sub rigs will now be ‘permanently retired’. In addition, Ensco has been awarded an extension, including dayrate reduction, for one drilling contract with Petrobras. The drilling contractor said in April it was…