Daily Archives: June 3, 2016

MARKET WATCH: Brent tops $50/bbl following OPEC meeting

Crude oil prices gained modestly on the New York and London markets June 2 after the Organization of Petroleum Exporting Countries said its members agreed to leave its current high production strategy intact despite calls from a few members for a collective production cap. Read Full Article Here For more great articles: Oil & Gas…

Mackenzie Gas Project extension approved

The National Energy Board of Canada has approved a delay in construction of the Mackenzie Gas Project, including the 1,220-km Mackenzie Valley Pipeline between three Arctic fields and northwestern Alberta. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation

Petrobras extension for World Wide Supply’s blocked vessel

By Offshore Energy Today.. Following recent approval granted to Petrobras to keep one of World Wide Supply’s PSVs working for the oil company, Petrobras has received approval to keep World Wide Supply’s other blocked vessel, the World Sapphire, for another 60 days. Petrobras made an application to the Agencia Nacional de Transportes Aquaviarios (ANTAQ) to…

Solstad vessels tows out BP’s FPSO Glen Lyon to final location

By Offshore Energy Today.. Solstad Offshore has entered into an agreement with SBM Offshore for tow out of the Glen Lyon FPSO, from Haugesund in Norway to final location West of Shetland. BP’s FPSO Glen Lyon arrived at Aibel’s yard in Haugesund for a yardstay and assistance with the final preparations before heading towards the…

Ireland hands out 14 new offshore licensing options

By Offshore Energy Today.. Seán Kyne T.D., Minister of State for Natural Resources, on Friday announced the offer of 14 new Licensing Options in the Irish offshore following the conclusion of the 2015 Atlantic Margin Licensing Round. These awards are the second phase of awards under the Licensing Round and follow on from the first…

World’s Biggest Natural Gas for Transportation Event — Rotterdam, March 2017

By NGV Global IVECO Stralis Hi-Way Euro VI NGV Global 2017, Rotterdam, Netherlands : March 21 – 23, 2017 Exhibition Sales Underway NGV Global’s 15th Biennial Conference and Exhibition — NGV Global 2017 — is the world’s leading natural gas conference, bringing together sustainable transportation stakeholders from around the world—fleets, technology companies, OEMs, infrastructure developers,…

Norway: ABB to cut up to 120 jobs

By Offshore Energy Today ABB Norway, a Norwegian subsidiary of the Swiss power and automation giant ABB, is set to make job cuts in Norway. The company will make the cuts within the oil and gas part of its business. Up to 120 jobs will be affected. ABB Norway said Friday the further capacity adjustments…

Enagas, Port of Barcelona to set up LNG distribution hub

By LNG World News Spanish LNG terminal operator, Enagás and the Port of Barcelona signed a deal to set up new logistics services for LNG at the Barcelona regasification plant. The deal involves initiatives to be developed jointly to convert the Port of Barcelona into an LNG distribution hub in the Mediterranean, according to a…