Daily Archives: December 9, 2016

Repsol sells Trinidad field trio to Perenco

By Offshore Energy Today.. Oil and gas company Perenco is buying a 70% interest in the Teak, Samaan and Poui Block (TSP), offshore Trinidad and Tobago. The interest in the fields, located offshore south east of Trinidad, has been bought from Repsol E&P T&T, a subsidiary of the Spanish oil company Repsol. Repsol has rights…

Wood Mackenzie: oil and gas exploration to pick up in 2017

By LNG World News The oil and gas market is making a turnaround on the back of the latest OPEC decision, and the exploration is expected to return to profitability in 2017 after five years of only single-digit returns. Andrew Latham of Wood Mackenzie said “The industry has a good chance of achieving double digit…

Shell hires Japanese firm for final touches on Prelude FLNG

By Offshore Energy Today This Friday seems to be about Floating LNG news. Following the news that Petronas has produced first LNG from its first FLNG unit in Malaysia, and that CHC will provide more helicopters for Shell’s large Prelude FLNG project in Australia, there’s more on FLNG. Namely, Japan’s JGC Corporation has received an…

Prosafe slapped with safety order after ‘Safe Scandinavia’ probe

By _Offshore_Energy_Today_ Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has turned a notification of order to Prosafe into a formal order as a result of the company not fixing irregularities found during an audit of the Safe Scandinavia tender support vessel (TSV) in September 2015. The Safe Scandinavia is an accommodation rig converted…