Daily Archives: January 27, 2017

Dana Petroleum: Western Isles to start producing in late 2017

By Offshore Energy Today.. Dana Petroleum, a UK North Sea operator, is working on bringing online its Western Isles development in 2017. The project has experienced delays after Dana in 2015 made changes to technical requirements for the FPSO planned for deployment at its North Sea fields. The FPSO of Sevan’s cylindrical design, built by…

GasLog Partners posts highest ever quarter profit

By LNG World News GasLog Partners, the New York-listed spinoff of LNG shipper GasLog reported increased profits for the fourth quarter and the full year of 2016. According to the company’s latest quarterly report, the net profit in the three months ended December 31, reached $24,8 million 22.3 percent up from $20.3 million during the…

Statoil drains Norway’s AHTS pool

By Offshore Energy Today Oil company Statoil drained the Norwegian anchor handlers’ spot market on Thursday, after booking nine anchor handlers for rig moves. The company also hired four PSVs. According to Westshore, a Norwegian shipbroking company, the Thursday’s move, which left no available tonnage in the AHTS market in Norway, indicates the market is…

Peru ships two cargoes to Spain

By LNG World News Maran Gas Lindos (Image courtesy of Maran Gas Maritime)Peru’s natural gas liquefaction and export facility at Pampa Melchorita shipped two more cargoes to Spain. According to the data provided by the state-owned Perupetro, the first cargo dispatched on January 20 was loaded aboard the 2015-built Maran Gas Lindos with a capacity…

Total: ‘Difficult’ North Sea well ‘under full control’

By Offshore Energy Today Total E&P UK on Friday experienced what it says were difficulties while drilling one of its North Sea wells. Following several reports that Total was fighting at its Elgin platform to put a well under control, Offshore Energy Today reached out to the company seeking further info. This is what the…

Chevron returns to profit in 4Q

By Offshore Energy Today.. U.S. oil major Chevron returned to profit during the last quarter of 2016 compared to a loss in the prior-year quarter. The company on Friday reported earnings of $415 million for the fourth quarter 2016, compared with a loss of $588 million in the 2015 fourth quarter. Foreign currency effects increased…

Picture of the day: Cool Voyager at expanded Panama Canal

By LNG World News The Cool Voyager at the Cocoli Locks of the expanded Panama Canal (Image courtesy of Thenamaris)Thenamaris LNG carrier, the 160,000-cbm Cool Voyager traversed the expanded Panama Canal in earlier this month. The 2013-built Cool Voyager is one of three LNG carriers managed by the Greek company. Like the Cool Voyager, Thenamaris’…

Shell set to sell $3 billion North Sea assets to Chrysaor

By Offshore Energy Today.. By Ron Bousso and Clara Denina LONDON (Reuters) – Royal Dutch Shell is nearing the sale of a large part of its North Sea oil and gas assets to private equity-backed Chrysaor for $3 billion (2.39 billion pounds), banking sources said, marking a milestone in its drive to reduce debt after…