The innovative Wärtsilä autodocking technology tests were carried out with the ‘Folgefonn’ ferry owned by Norled. The technology group Wärtsilä has successfully carried out testing of its innovative autodocking technology. The tests were carried out with the ‘Folgefonn’, an 83-metre long ferry owned by…
ExxonMobil has said that it expected the facility to reach full capacity in May and confirmed that exports of LNG have resumed. “Production has been gradually increasing since the Hides gas conditioning plant and one train at the PNG LNG plant restarted earlier this…
Chevron will idle the second production unit at its Gorgon liquefied natural gas project in May to carry out modifications already implemented at the other two units, a senior executive has said. Pat Yarrington, Chevron’s vice president and chief financial officer, said in an…
Dril-Quip has warned that due to territorial discussions between China and Vietnam, Repsol’s Ca Rong Dong (CRD) project offshore Vietnam may experience delays or even be cancelled. Earlier this year the company won a contract to supply top-tensioned riser systems and related services for…
Abu Dhabi National Oil Company (ADNOC) has awarded Austrian oil company OMV a 20% stake in the SARB and Umm Lulu offshore concession. OMV joins Spain’s CEPSA as a shareholder in the offshore concession. The company paid US$1.5 billion to enter the concession, a…
The decision by the US regulator BSEE to update oil and gas drilling regulations has been met with opposing comments from the American Petroleum Institute (API) and Earthjustice. Following the US Bureau of Safety and Environmental Enforcement’s announcement on the 27th April related to…
UK’s Premier Oil is selling its stake in the Babbage Area in the Southern North Sea off the UK to pay down debt. Verus Petroleum has been revealed as the buyer. Verus will acquire a 47 percent interest in the Babbage gas field, a…
For the biggest US oil explorers, the first quarter was a study in contrasts: Chevron Corporation beat every analyst estimate, while larger rival Exxon Mobil Corporation fell short on both production and profit. The performances underscore the challenges facing the two descendants of John…
India plans to split state-run gas utility GAIL by March next year to create two companies: one marketing gas, and another operating pipelines which can be used by consumers who buy direct from producers, the head of the sector’s regulator said. GAIL (India) Ltd…
The operations to install Norway’s largest pipeline to the Statoil-operated Johan Sverdrup field in the North Sea started outside Mongstad, north of Bergen, late last week onboard the vessel Saipem Castorone. Soon the tip of the first pipe of what will become Norway’s longest…
