Prosafe stacking more accommodation rigs
Prosafe says its new accommodation vessel Safe Notos is in transit to Brazil to start a contract for Petrobras during 4Q. Read Full Article Here For more great articles: Offshore RSS Feed
Daily Archives: August 26, 2016
Nexen recruits Emerson for North Sea metering activities
Nexen Petroleum U.K. has awarded Emerson a new five-year contract to provide metering management services for its North Sea operations. Read Full Article Here For more great articles: Offshore RSS Feed
ONS 2016: Oxifree Global to introduce polymelt service gun
Oxifree Global will unveil the SG1 at Offshore Northern Seas in Norway. Read Full Article Here For more great articles: Offshore RSS Feed
ONS 2016: US pavilion to highlight standards, safety, operations, corrosion protection
Kallman Worldwide Inc. has organized the inaugural US International Pavilion for ONS 2016. Read Full Article Here For more great articles: Offshore RSS Feed
Kentucky refinery implements rail transport system
Continental Refining Co. has expanded logistics for receiving and distributing petroleum products to and from its 5,985-b/d refinery in Somerset, Ky., by implementing the use of railcars linked to the Somerset Rail Park in Ferguson, Ky., along the Norfolk-Southern Railroad lines. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation
Höegh re-engages Wärtsilä for latest FSRU conversion
Höegh LNG has commissioned Wärtsilä to supply the re-gasification system for the conversion of an LNG vessel to a floating, storage, and re-gasification unit. Read Full Article Here For more great articles: Offshore RSS Feed
Petrobras takes delivery of final Sapura series pipelay vessel
SapuraKencana Petroleum has delivered the sixth and final pipelay vessel, Sapura Rubi, to Petrobras. Read Full Article Here For more great articles: Offshore RSS Feed
MARKET WATCH: NYMEX oil price hovers around $47/bbl
The light, sweet crude oil price for October delivery gained modestly to settle above $47/bbl on the New York market Aug. 25. US futures prices have risen in 9 of the last 11 trading sessions. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
Byron Energy relinquishes Gulf of Mexico lease
By Offshore Energy Today U.S. Gulf of Mexico operator Byron Energy is relinquishing its South Marsh Island Block 6 Lease, located offshore Louisiana. The company drilled two wells in the lease and found and logged hydrocarbons in 2014 and 2016. In June the company said it wouldn’t re-enter its SM6 #2 well which had been…
Impairments push Songa Offshore into red despite $80M revenue rise
By _Offshore_Energy_Today_ Songa Offshore, an offshore drilling contractor, has reported a loss for the second quarter of 2016, mostly due to impairment charges which amounted to $118 million for the quarter. The Oslo-listed company said on Friday that its loss for 2Q was $86.3 million, down from the $17.3 million profit made in the same…