Statoil takes over Martin Linge field
Statoil announced on November 27 that the company and Total have agreed on a transaction whereby Statoil will acquire Total’s equity stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf (NCS...
BW: interim consolidated financial information
BW recently published its Q3 results, which contains an optimistic view on FPSO newbuildings. FINANCIAL SUMMARY THIRD QUARTER Operating revenues for the quarter amounted to USD 152.7 million, a decrease of USD 10.7 million (USD 163.4 ...
DNV GL grants AiP for Dreifa floating regas
DNV GL announced on November 24 that Dreifa Energy’s floating regasification unit concept (the “Dreifa FRU”) has been granted Approval in Principle (“AiP”) by DNV GL. The Dreifa FRU consists of a regasification plant and associ...
Fortuna FLNG Project Update
Ophir announced on November 23 that it has agreed a twelve-month extension to the Block R licence, in which the Project is situated, to the end of December 2018. The Company, together with its partners in the Project, has been pursuing financi...
Dudgeon offshore wind farm officially opened
Statoil announced on November 22 that Statoil and partners Masdar and Statkraft officially opened the Dudgeon offshore wind farm in Great Yarmouth, UK. Since the investment decision was made in 2014, construction costs have been reduced by more t...
Offshore plant center opened at Geoje
Ministry of Oceans and Fisheries (MOF) of Korea held a dedication ceremony of ‘offshore plant support center’ on November 23 at Geoje to enhance offshore facility building capability. South Gyeongsang Province of Korea and Geoje provided t...
MacGregor receives an order from Summit Terminal
MacGregor, part of Cargotec, announced on November 22 that it has signed an order for the fabrication, engineering and project management of a complete subsea mooring and riser system with the Bangladesh-based company, Summit LNG Terminal Co. The...
VIKING becomes IMPA ACT preferred supplier
Global marine, offshore and fire safety equipment and servicing provider VIKING Life-Saving Equipment has announced on November 22 it is now a Preferred Supplier under the IMPA ACT programme. IMPA ACT is an initiative of the Internationa...
Kawasaki Completes AUV Verification Test in UK
Kawasaki Heavy Industries, Ltd. announced on November 21 its successful completion of a verification test for an autonomous underwater vehicle (AUV) in UK waters. With a focus on the growing demand for pipeline maintenance in the offshore oil ...
Aker BP forms two separate Drilling & Well Alliances
Aker BP ASA (Aker BP) announced on November 21 that it has entered into two separate alliance agreements, one with Maersk Drilling and Halliburton for Jack-Ups, and one with Odfjell Drilling and Halliburton for Semi-submersibles. Both alliance...
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