News

  • Aberdeen Harbour expansion moves step forward with 6000t caisson

    The first 6,000-tonne caisson started its journey from Cromarty Firth this week to Aberdeen’s South Harbour,  a marine support centre for the oil and gas industry, marking what has been described as another landmark stage with Aberdeen Harbour’s £350-million expansion project.   The first caisson…

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  • US Sanctions on Venezuela are Helping Colombian Oil

    US Gulf refiners are bidding up prices for Colombian crude amid sanctions on Venezuelan imports, historically one of America’s top oil suppliers.   Colombian crude has strengthened on the back of harsher restrictions against state oil company Petroleos de Venezuela SA, a self-imposed curtailment in…

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  • Standard Club Web Alert: GPS week rollover

    The United Kingdom Maritime Coastguard Agency (MCA) and the United States Homeland Security have issued alerts for operators using Global Positioning System (GPS) for both position and Universal Coordinated Time (UTC). Both advise that the GPS week number will be rolling over for a second…

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  • ADNOC plans oil storage in Fujairah

    Abu Dhabi National Oil Company plans to build in Fujairah what it calls “the world’s largest single underground project ever awarded for oil storage.”   It let an engineering, procurement, and construction contract to SK Engineering & Construction Company Ltd, Seoul, for three underground storage…

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  • DEME consolidates offshore business

    Belgium’s offshore energy and dredging contractor DEME has merged its subsidiaries GeoSea, Tideway, A2Sea, and EverSea into one single entity – DEME Offshore.   “Over the past decade the activities of GeoSea, Tideway, A2Sea, and EverSea, have experienced strong growth in a fast-evolving offshore energy market. Today…

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  • Angelin gas field goes onstream offshore Trinidad and Tobago

    BP Trinidad and Tobago (BPTT) has produced first gas from the Angelin development.   The project was delivered on time and under budget, the company said.   The Angelin development, originally discovered by the El Diablo well in 1995, includes a new platform and four…

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  • RockRose to Buy Marathon Oil’s UK Business

    Independent oil and gas company RockRose Energy Plc has signed an agreement to acquire 100 percent of Marathon Oil UK LLC (MOUK) and 100 percent of Marathon Oil West of Shetland Limited (MOWOS) from subsidiaries of Marathon Oil Corporation.   The consideration payable by RockRose…

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  • Thai licensing round due in June

    Thailand will open its 21st round of bidding for offshore oil and gas licences in June, according to Energy Minister Siri Jirapongphan.   The official said terms will be production-sharing with 25% ownership reserved for Thai state enterprises, the Bangkok Post reported.   Mr Jirapongphan…

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