Supply Vessel Collides into North Sea Platform

The supply vessel PSV Sjoborg collided into the Stratfjord A platform at 1:55 am Norwegian time on the 7th June, Equinor has revealed.   The incident occurred in connection with loading operations, according to Equinor. There were 276 people on board Statfjord A when the…

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Lukoil enters Eni’s licence offshore Congo for US$800 million

Russian oil and gas company Lukoil has concluded an agreement with New Age to acquire a 25% interest in the Eni-operated Marine XII license in the Republic of Congo for US$800 million in cash.   The transaction is subject to customary conditions, including the approval…

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CNOOC subsidiary due 10% interest in Arctic LNG 2

CNOOC Ltd and its subsidiary CEPR Ltd have signed an agreement with Novatek and Ekropromstroy LLC, a wholly-owned subsidiary of JSC Novatek, to acquire a 10% equity interest in Arctic LNG 2 LLC.   Novatek plans three liquefaction trains at the 19.8 million-tonne/year Arctic LNG…

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Researchers to study Arctic Spill Response and Clean-up

Researchers from Dalhousie University recently received US$523,000 in Canadian federal government funding to investigate strategies to separate oil from water better and examine the risk of spills in the Canadian Arctic Archipelago.   As climate change accelerates the melting of sea ice in the Arctic,…

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Damen refits heavy-lift jack-up

DEME Offshore’s newest heavy-lift jack-up Apollo has completed a one-month conversion project at Damen Shiprepair Dunkerque.   This project involved the installation of a moonpool on the main deck. The moonpool installation involved creating an opening right through the centre of the vessel, from the…

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China’s Pipeline Reform to Boost Gas Demand

China’s looming pipeline reform is poised to spur competition in its natural gas industry, lowering prices and supercharging demand from the world’s top importer in years to come, according to Credit Suisse Group AG.   The government is creating a national pipeline operator from the…

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World’s Largest LNG Producer Set to Change

Australia is poised to dethrone Qatar as the world’s largest producer of liquefied natural gas next year.   That is according to Rystad Energy, which forecasts that Australia will stay in top spot until Qatar eventually reclaims the position in 2024.   “Over the next…

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McDermott, Saipem, Chiyoda JV bags Anadarko Mozambique LNG job

Anadarko has hired a joint venture between McDermott, Saipem, and Chiyoda – named CCS JV – for the onshore part of its Mozambique Area 1 LNG Development in Mozambique.   The joint venture’s scope of work covers the onshore engineering, procurement and construction (EPC) for…

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