Daily Archives: August 18, 2017

Norwegian Ocean Bottom Seismic specialist turns profitable

Rate this article By Offshore Energy Today Norwegian Ocean Bottom Seismic services provider Magseis saw its revenues rise to $19.4 million in the second quarter, boosted by work in Saudi Arabia and Norway. The company said its survey in with the Artemis Athene vessel in the Red Sea, being done for Saudi Aramco, along with…

Dutch Vopak boosting LNG business

Rate this article By LNG World News For illustration only (Image courtesy of Vopak)Dutch tank storage company Vopak aims to strengthen its presence as a service provider in the liquefied natural gas (LNG) infrastructure market, according to chief executive Eelco Hoekstra. Together with joint venture partners, Gasunie and Enagas, Vopak currently operates two terminals –…

Noble rig to stay with Hess in Gulf of Mexico

Rate this article By _Offshore_Energy_Today_ Offshore driller Noble Corporation has been awarded a double contract extension for one of its drilling rigs in the U.S. Gulf of Mexico. Namely, Noble said on Thursday in its fleet status report that the 1981-built semi-submersible drilling rig Noble Paul Romano secured two extensions with the oil company Hess…

Wellesley picks up drilling permit for North Sea wildcat

Rate this article By Offshore Energy Today.. The Norwegian Petroleum Directorate (NPD) has granted Wellesley Petroleum a drilling permit for a wildcat well in the North Sea, offshore Norway. The well 33/9-12 S will be drilled from the Deepsea Bergen semi-submersible drilling rig. The Norwegian oil and gas explorer awarded a contract to the Odfjell…

Philly Shipyard confirms LNG-ready containerships LOI with TOTE

Rate this article By LNG World News Philly Shipyard, the U.S. unit of Philly Shipyard ASA, confirmed its previously unveiled letter of intent for the construction of up to four containerships was signed with TOTE. Under the terms of the LOI, TOTE will order two 3,700 TEU containerships with an option to order two additional…

GC Rieber posts smaller loss while cost cuts continue

Rate this article By Offshore Energy Today.. Norwegian shipping company GC Rieber Shipping cut its net loss over the first half of the year compared to the prior-year period, while continuing its restructuring efforts and focusing on cost reductions. According to its financial statement on Friday, the shipping company’s net loss for the first half…

Mitsui targets stake in Swan LNG’s Jafrabad FSRU project

Rate this article By LNG World News Image courtesy of Swan LNGJapanese shipper Mitsui OSK Lines is reportedly eyeing an 11 percent stake in Swan LNG’s FSRU project in Jafrabad, Gujarat. In addition to Mitsui’s participation in the project, two Gujarat government entities, the Gujarat Maritime Board and Gujarat State Petronet are looking to secure…

Shell secures Prelude FLNG with 16 mooring chains

Rate this article By Offshore Energy Today.. Oil major Royal Dutch Shell has connected all 16 mooring lines of its giant Prelude floating LNG (FLNG) vessel set at the Prelude field, offshore Australia. The 488-meter-long and 74-meter-wide floating facility left the shipyard in South Korea in late June and reached the Australian waters in late…

Governor wants Virginia out of U.S. offshore drilling plans

Rate this article By Offshore Energy Today Governor of Virginia Terry McAuliffe has sent a letter to the Trump administration asking that Virginia be excluded from the U.S. 2019-2024 offshore oil and gas leasing plan. While McAuliffe doesn’t seem to be against the oil and gas exploration in the Atlantic, it’s the revenue sharing plan,…

Video: Shell’s Prelude FLNG mooring lines connected

Rate this article By LNG World News Image courtesy of ShellShell’s Prelude floating liquefied natural gas (FLNG) facility arrived at its location, the Prelude field, 475km North-North East of Broome late last month. In a brief social media statement, the Australian unit of the Hague-based LNG giant informed that all 16 mooring lines of the…