Daily Archives: May 17, 2017

Cantilever broadens GMS’ intervention capability

Rate this article Gulf Marine Services says that the cantilever system on its new Large Class self-elevating support vessel GMS Evolution should be operable next month, following sea trials. Read Full Article Here For more great articles: Offshore RSS Feed

Trinidad’s LNG production drops 8 pct in March

Rate this article By LNG World News Trinidad and Tobago’s liquefied natural gas (LNG) production has continued to decline due to ongoing gas supply shortfalls in the twin-island country. LNG production at the Point Fortin liquefaction and export facility dropped to 1.94 million cubic meters in March as compared to 2.11 million cubic meters in…

Israel: Delek Drilling, Avner complete merger

Rate this article By Offshore Energy Today Israel’s Delek Drilling and Avner Oil Exploration, both subsidiaries of Delek Group, have completed the previously announced merger. The two companies on Wednesday received a merger certificate from the Registrar of Partnerships, thus fulfilling all the preconditions for the merger to take place. The companies have said the…

Paragon Offshore files for administration in UK

Rate this article By Offshore Energy Today.. Drilling contractor Paragon Offshore has filed an application for administration in the United Kingdom to advance its Chapter 11 plan. The driller said on Wednesday that it filed an application with the High Court of Justice, Chancery Division, Companies Court of England and Wales for the appointment of…

Eni, Rosneft strengthen cooperation

Rate this article By LNG World News Image courtesy of EniItalian energy giant and LNG player Eni signed a cooperation agreement with Russia’s Rosneft. Under the agreement, signed by Rosneft’s CEO Igor Sechin and Eni’s CEO Claudio Descalzi, the two companies intend to cooperate in Russia and abroad in the E&P, refining, trading, logistics and…

Wood Group signs ten-year master service deal with Chevron

Rate this article By _Offshore_Energy_Today_ UK-based energy services company Wood Group has signed a ten-year master services agreement (MSA) with U.S. oil major Chevron. Wood Group said on Wednesday that the new deal would allow it to deliver conceptual engineering, pre-front-end engineering design (pre-FEED), FEED, detailed design, and procurement services in multiple locations across Chevron’s…

Ophir sanctions fourth phase of Bualuang development

Rate this article By Offshore Energy Today.. Oil and gas company Ophir Energy has sanctioned the fourth phase of the Bualuang field development in the Gulf of Thailand. Ahead of its annual general meeting on Wednesday, Ophir said that a Final Investment Decision (FID) has been taken to start the fourth phase of the Bualuang…