Daily Archives: December 23, 2016

Petrobras offshore workers take strike action

By Offshore Energy Today.. Offshore workers at the Brazilian state-owned oil company Petrobras working in the Campos Basin have decided to take strike action over a pay dispute. The trade union in the country said the workers in the Campos Basin decided for a 24-hour work stoppage on Friday, December 23, 2016, which may evolve…

Pacific Radiance turns to Mexican offshore O&G market

By Offshore Energy Today.. Singapore’s offshore support solutions provider Pacific Radiance is making further headway in the Mexican offshore oil & gas market. In its latest move, the group will transfer its key operations and assets in Mexico to Navigatis Radiance, its 51%-owned indirect joint venture with Navigatis. Navigatis is a special purpose entity set…

Engie: Turkey’s first FSRU inaugurated

By LNG World News Image courtesy of EngieFrance’s Engie, and the Turkish construction companies Kolin and Kalyon have inaugurated the Etki LNG terminal, the country’s first FSRU-based import terminal located close to Çakmakli, Izmir. Engie has been selected by project developers Kolin and Kalyon to deliver the fast-track FSRU based solution, and the company committed…

Fassmer to build BSH’s LNG-fueled survey vessel

By LNG World News Image courtesy of FassmerGerman shipbuilder, Fassmer, has been commissioned by the Federal Maritime and Hydrographic Agency (BSH) to build an LNG-fueled survey, wreck search and research vessel. Once completed in 2020, the vessel, named Atair will replace the ship currently in service under the same name, the shipyard said in its…

Faroe takes Deepsea Bergen rig for Norwegian ops

By Offshore Energy Today.. Odfjell Drilling has secured further employment for its rig Deepsea Bergen with Faroe Petroleum in Norway. The drilling contractor said on Friday that the contract is for one well plus one well option on the Norwegian Continental Shelf. The contract start is back to back with expiry of the current contract…

BP, Socar agree terms for future development of ACG field

By Offshore Energy Today.. Azerbaijan’s state-owned oil company Socar and BP-operated AIOC (the Azerbaijan International Operating Company) on Friday signed a letter of intent for the future development of the Azeri-Chirag-Gunashli (ACG) field in the Caspian Sea. BP said the agreement will cover the development of the field until 2050 and will add significant resource…

Perisai, Emas reach $43M settlement agreement

By Offshore Energy Today.. Singapore’s Emas Offshore and Malaysia’s Perisai Petroleum Teknologi have reached a settlement agreement in a dispute over put options in their joint venture SJR Marine. Oilfield services provider Perisai holds 50% interest in SJR Marine with an option to sell the entire share to Emas, which already holds the remaining 49%…

RockRose clinches deal for North Sea fields

By Offshore Energy Today.. London-listed RockRose Energy, an independent oil and gas company, has now signed an agreement with Maersk Oil to buy stakes in three of its fields in the UK sector of the North Sea. In September this year, RockRose inked a non-binding headline terms and a period of exclusivity to buy Maersk…

U.S. to make available 48 million acres in Central Gulf of Mexico

By _Offshore_Energy_Today_ The U.S. Bureau of Ocean Energy Management (BOEM) will offer more than 48 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Gulf of Mexico Central Planning Area. BOEM said on Thursday that the lease…