News

  • UK Union Welcomes Offshore Agreement

    UK union Unite announced on the 31st March that it welcomed a new agreement covering offshore workers.   The agreement, which was hammered out between trade unions, including Unite, and the Offshore Contractors Association (OCA), will ensure Unite’s members at risk of redundancy or lay…

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  • Zion Oil & Gas Purchases Drilling Rig for Israel Operations

    Zion Oil & Gas, Inc has announced they (i) entered into a Purchase and Sale Agreement on the 12th March 2020, for a drilling rig, drill pipe, and related equipment for US$5.6 million in cash, and (ii) closed that purchase on the 12th March 2020, the same day, by Bill…

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  • Putin, Trump Agree Sinking Oil Prices Not In Mutual Interest

    Russian President Vladimir Putin and his US counterpart Donald Trump agreed in a phone call on the 30th March that “current oil prices aren’t in the interests of our countries,” Kremlin spokesman Dmitry Peskov said, declining to give any details on what the two might…

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  • Cooper’s Sole field starts gas supply into pipeline

    Australia’s Cooper Energy has informed that its operated Sole gas field, located offshore Australia, is now producing gas to the Eastern Gas Pipeline.   The Cooper-operated Sole gas field is located in the eastern part of the Gippsland Basin, approximately 40km offshore Victoria, Australia. The…

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  • NorSea UK Invests £400,000 in Aberdeen HQ

    A leading provider of integrated logistics solutions has invested almost £400,000 in its UK headquarters in response to an upturn in demand from the market.   NorSea United Kingdom operates from its headquarters in Aberdeen’s Altens Industrial Estate from where the privately-owned company provides supply…

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  • Sleipnir takes onboard large LNG consignment

    Heerema’s semi-submersible crane vessel Sleipnir has received the largest LNG bunkering ever completed, the company claims.   Titan LNG performed the delivery of almost 3,300 metric tons (3,637 tons) within a 24-hour period, using the LNG carrier Coral Fraseri in the Port of Rotterdam.  …

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