Daily Archives: October 6, 2017

Woodmac: Guyana could become regional oil powerhouse

By Offshore Energy Today Guyana, a non-oil producing country resting on the northern coast of South America, might soon become an oil and gas powerhouse in the region. This is according to the energy analytics company Wood Mackenzie, whose analysts commented on Guyana’s energy potential following Exxon’s report on Thursday of yet another offshore oil…

EWC moving ahead with LNG projects

By LNG World News Sengkang LNG projectEnergy World Corporation has made progress on both LNG projects it is developing in the Philippines and Indonesia. The Sengkang LNG project in Indonesia is well advanced with key equipment, including four cold-boxes, compressors and ancillary equipment already installed on site, the company said in its latest report. The…

Teekay’s Randgrid FSO begins Gina Krog work with Statoil

By Offshore Energy Today Teekay Offshore has informed that the Randgrid FSO has started working for Statoil at the Gina Krog oil and gas field in the Norwegian Sea. The recently converted FSO had reached the field in mid-September, when the hook-up and commissioning activities began. In a statement on Friday, Ingvild Sæther, President and…

Ensco closes Atwood acquisition

By Offshore Energy Today.. UK offshore driller Ensco on Friday completed its acquisition of the U.S.-based rival Atwood Oceanics. Ahead of the completion, shareholders of both companies on Thursday approved the proposed merger. Ensco said that 65 percent of its shareholders had voted in favor of the allotment and issuance of Ensco Class A ordinary…