Daily Archives: August 1, 2016

PressureFab calls in administrators

Two KPMG LLP representatives have been appointed as joint administrators of PressureFab, parent company Twickler Industries, and four more group companies. Read Full Article Here For more great articles: Offshore RSS Feed

Mitra Energy to buy interest in Stag oil field

Mitra Energy Inc., Vancouver, BC, has signed a sale and purchase agreement with Quadrant Energy Pty. Ltd., Perth, and Santos Ltd., Adelaide, to purchase 100% of Stag oil field offshore Western Australia. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Shell Australia lets contract for Prelude FLNG facility

Shell Australia Pty. Ltd. has let a contract to Norwegian firm DOF Subsea for underwater services and supply of a multipurpose supply vessel to the Prelude floating LNG facility soon to be stationed in the Browse basin 475 km offshore northwestern Western Australia. Read Full Article Here For more great articles: Oil & Gas Journal…

Eni takes second-quarter loss amid Val d’Agri shutdown

Eni SPA posted a second-quarter adjusted net loss of €290 million compared with an adjusted net profit of €505 million in second-quarter 2015. For the first half, the firm took an adjusted net loss of €267 million compared with an adjusted net profit of €1.23 billion in first-half 2015. Read Full Article Here For more…

NPC to work more closely with DOE on emergency preparedness

The National Petroleum Council has agreed to use the new approach in the US Department of Energy’s 2016 Clear Path IV emergency preparedness exercise to independently track progress in implementing recommendations in its 2014 Enhancing Emergency Preparedness for Natural Disasters report and identify opportunities for continued improvement. Read Full Article Here For more great articles:…

Antero to buy Marcellus nonoperated interest from Statoil

Antero Resources Corp., Denver, has agreed to acquire certain nonoperated interest in the Marcellus shale in West Virginia from Statoil ASA for $96 million in cash. The deal is expected to close by the end of the third quarter. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Diamond Offshore in double rig stack and scrap

By Offshore Energy Today.. Drilling contractor Diamond Offshore has decided to cold stack one semi-submersible drilling rig and one jack-up rig, and scrap two semi-subs. The company said on Monday in its 2Q 2016 report it decided to cold stack the semi-sub Ocean Endeavor and jack-up rig Ocean Scepter. The Ocean Endeavor, built in 2007,…

China boosts LNG imports

By LNG World News Liquefied natural gas imports into China, the world’s largest energy consumer, rose 28 percent in June as compared to the same month a year ago, according to the General Administration of Customs data. China imported 2.21 million mt of the chilled fuel in June, as compared to 1.72 million mt a…

Giant pipelayer Pioneering Spirit completes topsides lift system tests

By Offshore Energy Today.. Allseas has completed commissioning of the topsides lift system and the major part of the harbour test program of the single-lift installation/decommissioning and pipelay vessel “Pioneering Spirit” in the Alexia harbour, Rotterdam, at the end of July 2016. According to Allseas’ statement on Monday, all twelve installed topsides lifting beams on…