Daily Archives: May 16, 2016

Regulator rejects BP’s environment plan for drilling offshore Australia

Rate this article By Offshore Energy Today.. Australian offshore petroleum regulator NOPSEMA has once again told BP to modify and resubmit their environment plan for exploration drilling in the Great Australian Bight (GAB) as the plan does not meet the regulatory requirements. BP’s environment plan was previously dismissed by the agency in November 2015, also…

Report: Chevron cutting workforce in Thailand

Rate this article By Offshore Energy Today U.S. oil and gas company Chevron is reportedly looking to reduce its workforce in Thailand. Reuters on Monday cited a company official who said that the cuts would enable the company to keep doing business in the Southeast Asian country. The San Ramon, California-based oil firm, Reuters writes,…

Ithaca to double output after Stella comes online (UK)

Rate this article By Offshore Energy Today.. Oil and gas operator Ithaca Energy is set to double its production following a start-up of the Stella field in the UK North Sea later this year. The Ithaca-operated Greater Stella Area is centred on the drilling of subsea wells tied back to the FPF-1 floating production unit,…

Iran post-sanctions: oil riches unlocked?

Rate this article The lifting of sanctions on Iran will have a profound effect on its oil industry – that much is certain. Whether the unleashing of vast quantities of oil into an already oversaturated and depressed market will be good for either the country or the in… Read Full Article Here For more great…

Total officially launches Laggan-Tormore project

Rate this article By Offshore Energy Today French energy behemoth Total has officially inaugurated the Laggan-Tormore project in the Shetland Islands, UK. The inauguration ceremony was held on Monday, at the Shetland Gas Plant in the presence of government and industry partners including Amber Rudd MP, the UK Government Secretary of State for Energy and…

Petronas’ first FLNG sets sail to its offshore location in Malaysia

Rate this article By Offshore Energy Today Malaysian energy giant Petronas has informed that its first floating liquefied natural gas (LNG) facility, PFLNG SATU has set sail to the Kanowit gas field, offshore Sarawak, “making its historic 2,120 nautical mile journey to Malaysia on 14 May 2016.” At 365-meter-long and with a dry weight of…

Unaoil says corruption allegations distorted, claims it was victim of extortion

Rate this article By Offshore Energy Today.. Unaoil, a Monaco-based oil services company involved in a global bribery scandal implicating energy industry majors like Halliburton, National Oilwell Varco, Keppel and Kvaerner, has said it has been ‘the victim of a four-month extortion attempt by criminals’. To remind, The Huffington Post and its Australian partner, Fairfax…