UK Trade & Investment offered a session on petroleum investment opportunities in Mexico on Wednesday, presented by Enrique Cornejo, head of energy & environment for UKTI in Mexico City. Mexico’s national oil company, Petroleos Mexicanos (PEMEX)…
Craig Group announced the investment of £70million to build six new vessels at the Balenciaga Shipyard in northern Spain. Four D-class IMT 950 Emergency Response and Rescue Vessels (ERRV) and two F-class IMT 958 ERRVs will be delivered during 2014 and early 2016…
The Myanmar-China natural gas pipeline is now delivering hydrocarbons produced from the Bay of Bengal, offshore Myanmar, to China. The soon-to-be complete, parallel oil pipeline will transport Middle East and African oil. The pipeline projects have five investors from four countries: China…
High activity levels in the North Sea are making an attractive market for Damen Shipyards. Last year, its biggest newbuild market was in tugs and work boats, with 80 delivered. Now, the firm has turned its attention to oil and gas industry support vessels with its new Damen Offshore Series…
Twenty years after it came online, the UK’s longest serving permanently-moored FPSO has been given a new lease on life. Elaine Maslin reports on the extent the UK’s largest offshore project in 2012. When production from the central North Sea Gryphon field came online in October 1993…
A new offshore safety directive, issued by the European Union, has been adopted across the continent. Remi Eriksen, CEO DNV Maritime Oil & Gas, and Graham Bennett, VP DNV, business development director, division Europe and North Africa, take a look at the consequences…
Dockwise provides this video, filmed in November 2012, regarding the launch of the SHP jacket, now located at the SHWE field in the Bay of Begal, off Myanmar. The 22,000-ton jacket was launched at a water depth of 110m, using the HYSY229 installation barge.
Faroe Petroleum completed the acquisition of a 10% non-operated interest in the BP-operated East Foinaven oil field and a 0.5% interest in the West of Shetland Pipeline System, both from Marubeni Oil & Gas (North Sea) Ltd . The net consideration payable for the acquisition of the interests…
Volunteer staffs of PTT Global Chemical Plc (PTT), along with Thailand Navy personnel, are still working to clean up the remaining oil slick that washed up on the beach of Koh Samet Island. The crew placed an absorbent boom along the beach…
The Obama administration selected Coast Guard veteran Brian Salerno as director of the US Bureau of Safety and Environmental Enforcement (BSEE). Salerno previously served as a former Vice Admiral in the US Coast Guard. He will take over the position from James Watson…
The BG Group and Southern Union-backed Lake Charles Exports LLC has received approval from the US Department of Energy (DOE) to export US-produced liquefied natural gas (LNG) to non-Free Trade Agreement (FTA) countries. Lake Charles previously…
Shell Oil Co. reports that the Olympus tension leg platform reached the Mars B field on July 20th, following a 425-mi. tow from Ingleside, Texas. The location, in Mississippi Canyon Block 807, is about 130mi. south of New Orleans. The TLP was safely secured in place last week…
Next month’s SPE Offshore Europe exhibition and conference will be the largest in the event’s history with more exhibiting companies and countries represented than ever before. The sold-out exhibition halls, covering a record 27,082…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
Alaska’s Lt. Governor Mead Treadwell stated the case for Alaska’s key needs at the Ice-diminished Arctic Conference in Washington, D.C. earlier this month. Treadwell reminded the attendees that the Arctic has held strategic importance for…
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