Daily Archives: November 4, 2016

Pil, Bue partners choose subsea route to Njord

Rate this article The VNG-led partnership in license PL586 in the Norwegian Sea has opted for a subsea tieback to the Njord complex as the preferred development concept for the Pil and Bue oil discoveries. Read Full Article Here For more great articles: Offshore RSS Feed

Report: GAIL bins LNG newbuilds tender again

Rate this article By LNG World News India’s gas utility GAIL has reportedly once again canceled its multi-billion dollar tender seeking to hire nine LNG newbuilds to transport US liquefied natural gas to India starting in 2017. According to a report by India’s Financial Express, GAIL has canceled its tender as strict propositions seeking a…

A glimmer of hope for Farstad Shipping?

Rate this article By Offshore Energy Today Norwegian offshore vessel owner Farstad Shipping, looking at ways to weather the storm caused by low oil prices, might have found a solution in Siem Industries. Farstad, the owner of 57 offshore vessels, has been working on various options to enhance its financial position in order to enable…