Daily Archives: October 6, 2016

Argus MultiPoint

Rate this article The Argus® design enables several in-line measurement probes to be connected to the same central control unit through fibre-optic cable. Read Full Article Here For more great articles: Offshore Technology

PDVSA eyes $4.7 billion debt issue to pay service companies

Rate this article By _Offshore_Energy_Today_ By Corina Pons and Brian Ellsworth CARACAS (Reuters) – Venezuelan state oil company PDVSA is seeking to issue up to $4.7 billion (3.7 billion pounds) in debt securities to settle unpaid bills to contractors, according to a document seen by Reuters, as the cash-strapped firm scrambles to cope with low…

Petrobras in talks with Karoon for sale of two offshore fields

Rate this article By Offshore Energy Today.. Brazil’s state-owned oil giant Petrobras is negotiating with Karoon Gas Australia the sale of its participation in the Baúna and Tartaruga Verde fields, located in Santos and Campos basins, respectively. Petrobras said on Thursday that the potential transaction considers the sale of 100% of the stake in the…

Trelleborg provides bearings for Shell’s Prelude FLNG

Rate this article By LNG World News Trelleborg said its engineered products operation manufactured and delivered bearing solutions for Shell’s Prelude floating liquefied natural gas facility. According to the company’s statement, it has delivered 52 vertical elastomeric bearings and 156 horizontal bearings for use on the 13 modules onboard the facility, as well as 40…

Atlantic Offshore to convert ‘Ocean Response’

Rate this article By Offshore Energy Today.. Atlantic Offshore has, together with Statoil, decided to convert Ocean Response to act as full oil recovery and oil spill vessel within the NOFO 2009 regulations. Atlantic said on Thursday said that the vessel will then have more flexibility to serve as an emergency and response vessel. The…

Report: OneSubsea to cut 600 UK jobs?

Rate this article By Offshore Energy Today.. Up to 600 jobs are at risk at OneSubsea, a provider of subsea solutions for the oil and gas industry, as the company is reportedly looking to shut down a factory in the UK. According to BBC, the company is thinking about stopping manufacturing in the Leeds factory…

Report: Bulgaria eyeing 25 pct stake in LNG project off Greece

Rate this article By LNG World News In order to reduce the reliance on Russian gas, Bulgaria is eyeing a 25 percent stake in the LNG terminal project proposed for the northern coast of Greece. The floating LNG project, with an estimated cost of €380 million (approximately US$425 million), will be linked to a gas…

Picture of the day: GasLog Saratoga transiting Panama Canal

Rate this article By LNG World News Image courtesy of Panama CanalGasLog’s 2014-built liquefied natural gas carrier on Wednesday transited the Agua Clara locks of the expanded Panama Canal. The 155,000-cbm tri-fuel Diesel Electric (TFDE) LNG carrier was built by Samsung Heavy Industries for the Monaco-based owner, operator and manager of a fleet consisting 26…