News

  • Global Spill Response Market worth US$34 billion by 2022

    Market Insight Reports recently released Global Emergency Spill Response Market Research Report 2017 to 2022 which presents an in-depth assessment of the Emergency Spill Response including enabling technologies, key trends, market drivers, challenges, standardisation, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value…

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  • Growth Opportunity for UK Subsea Firms Down Under

    Australasian Oil & Gas (AOG) in conjunction with Subsea UK, the Society for Underwater Technology (SUT) and Subsea Energy Australia (SEA) are seeking abstract submissions for presentations to be considered for the AOG 2018 Subsea Forum, as part of the AOG Conference.   AOG 2018…

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  • FLNG market outlook remains strong, says analyst

    Despite challenging market conditions, analyst Westwood Energy forecasts global FLNG capex to total US$37.6 billion between 2018 and 2023.   The sanctioning of Eni’s Coral South FLNG unit signalled the second wave of liquefaction vessels expected to be ordered over the forecast period. The start-up…

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  • Brazil Extends Customs Perks For Oil Industry Through 2040

    On the 17th August, Brazil extended through 2040 a preferential customs regime for the oil and gas industry called Repetro, which was set to expire in 2019, as it seeks to entice investment ahead of key auctions later this year.   The move was accompanied…

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  • API: US petroleum demand highest for July since 2007

    Total US petroleum deliveries, a measure of US petroleum demand, moved up 4.9% in July from a year ago to average nearly 20.7 million b/d, the highest July deliveries in ten years, according to data from the American Petroleum Institute.   Compared with June, total…

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  • Damen delivers refurbished FPSO Petrojarl 1

    Damen Shiprepair Rotterdam (DSR) has delivered the FPSO Petrojarl 1 to Teekay Offshore following a two-and-a-half year complete redeployment project.   The self-propelled FPSO spent 14 months in Dock number 8 (300 x 50 metres) undergoing refurbishment of its marine systems, underwater hull, seawater system,…

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  • Global Spill Response Market worth US$34 billion by 2022

    Market Insight Reports recently released Global Emergency Spill Response Market Research Report 2017 to 2022 which presents an in-depth assessment of the Emergency Spill Response including enabling technologies, key trends, market drivers, challenges, standardisation, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value…

    Read more