Daily Archives: May 15, 2017

Premier Oil lifts Catcher plateau production expectations

Rate this article By Offshore Energy Today UK North Sea Catcher field, Premier Oil’s crown jewel set to start oil production in 2017, might achieve higher plateau output rate than initially anticipated. According to Premier Oil, ten wells have been drilled to date at the project. The drilling results have led the operator to be…

Cheniere in $1 bn offering

Rate this article By LNG World News Aerial view of Corpus Christi plant siteUS LNG export player Cheniere said its unit Cheniere Corpus Christi Holdings intends to offer US$1 billion principal amount of senior secured notes due 2027. The unit plans on using the net proceeds from the offering to prepay a portion of the…

Australia offers 21 new offshore exploration areas in 2017

Rate this article By _Offshore_Energy_Today_ Australia has released 21 new offshore petroleum exploration areas in 2017. The Minister for Resources and Northern Australia, Senator Matt Canavan has revealed the latest offshore petroleum exploration areas at the 2017 APPEA Conference in Perth. The majority of the 2017 Release Areas are located along Australia’s North West Shelf,…

F.lli Righini Completes Delivery of HMC Decommissioning Project

Rate this article Leading offshore manufacturing and engineering firm F.lli Righini is pleased to announce it has successfully completed the early delivery of a strategic project, which was awarded major marine contractor Heerema Marine Contractors (HMC). Read Full Article Here For more great articles: Offshore Technology

Rowan scoops two Petrobras jack-up rigs for bargain price

Rate this article By _Offshore_Energy_Today_ Drilling contractor Rowan Companies has provisionally bought two Petrobras jack-up rigs for just $30 million a piece. According to a statement by Rowan, dated May 11, the company participated in a public rig auction and was the high bidder for Petrobras’ P-59 and P-60 jack-ups. The drilling contractor said that…

Chevron stops production at Gorgon Train 1

Rate this article By LNG World News US-based energy giant Chevron has shut down the first liquefaction train at its multi-billion Gorgon LNG plant on Barrow Island in Western Australia. “Production on Gorgon Train 1 was stopped on May 12th due to a failure of a flow measurement device,” Chevron’s spokesman told LNG World News…

Challenging market for supply vessels lingers on, Eidesvik says

Rate this article By Offshore Energy Today.. Eidesvik Offshore, a Norwegian owner of offshore support and construction vessels, sees no improvement in the supply vessel market in the short term as the challenging market environment lingers on. In its quarterly financial report on Monday, Eidesvik said it does not see any material change for supply…

COSCO Shipyard scores FSRU module contract

Rate this article By LNG World News Image courtesy of COSCO Shipping InternationalCOSCO Shipping International said its unit, COSCO (Qidong) Shipyard has bagged a contract to build a floating storage and regasification unit (FSRU) module. According to the company’s statement, the contract for the construction of the FSRU module was awarded by a European customer….

Boskalis to cut 230 jobs in Papendrecht head office

Rate this article By Offshore Energy Today Royal Boskalis Westminster is set to cut around 230 jobs in its Papendrecht head office, following the completion of the study into the costs of its head office organization. In a statement on Monday, Boskalis said that the deteriorated market circumstances and the expected long spell of low…