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AOG Daily: 2018 / December

Sunday, 16 December 2018 14:40

Gasum Consolidates Nordic LNG Market

The Liquefied Natural Gas (LNG) company Skangas is renamed Gasum (See MarineLink report ).   Johanna Lamminen, Chief Executive Officer. Photo: Gasum The Scandinavian distributor…
Sunday, 16 December 2018 14:38

Qatar Buys Eni's Mexican Oil Stakes

Qatar Petroleum (QP) signed an agreement with Italy’s Eni SpA to acquire a 35% stake in three offshore oil Fields in Mexico. Photo: Qatar Petroleum…
Friday, 14 December 2018 08:12

LPG Carrier "Laurel Prime" Christened at MHI

Mitsubishi Shipbuilding Co.held a christening ceremony for a liquefied petroleum gas (LPG) carrier currently under construction for Astomos Energy Corporation.  Laurel Prime (Photo: Mitsubishi Shipbuilding)…
Friday, 14 December 2018 07:52

Oil Slips 2 Percent

Oil prices dropped about 2 percent on Friday, weighed down by a falling U.S. stock market, while weak economic data from China pointed to lower…
Friday, 14 December 2018 07:36

US Oil Drillers Cut Rigs

U.S. energy firms cut oil rigs for a second week in a row this week, prolonging a move by drillers over the past month to…
Friday, 14 December 2018 06:57

Europeans Sweep Record US Offshore Wind Auction Featured

A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from…
BP in Trinidad and Tobago (bptt) gave the go-ahead to two new gas developments, Cassia compression and Matapal, offshore Trinidad, it said on Friday. (Photo:…
Oil prices dropped more than one percent on Friday, weighed down by a falling U.S. stock market, while weak economic data from China pointed to…
The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe…
Thursday, 13 December 2018 18:12

Moray East Offshore Confirms Financial Close

UK-based Moray Offshore Windfarm (East)  announced that it has reached financial close – a major milestone marking the commencement of GBP 2.6 bln of project…
The largest energy company in Denmark, Ørsted A/S announced  ‘Offshore wind biodiversity policy’ to set out the principles that underpin our efforts to protect the…
Thursday, 13 December 2018 18:08

i3 Energy Bullish on Serenity Prospect

UK-based oil and gas exploration firm i3 Energy PLC said its Serenity prospect in the North Sea "provides significant organic growth" for its Liberator development.…
Thursday, 13 December 2018 18:07

ADES International Renews Offshore Rig Contract

The oil and gas drilling and production services company ADES International said that it has renewed an existing contract for the offshore rig known as…
Thursday, 13 December 2018 18:06

Kairos Begins Operations in Northwest Europe

The world’s largest LNG bunker supply vessel “Kairos” has started operations in Northwest Europe on December 11th, 2018, said a press note from the Polish…
The Arctic LNG carrier Christophe de Margerie, owned and operated by Sovcomflot, loaded the first batch of liquefied natural gas (LNG) produced at the third…
Thursday, 13 December 2018 14:45

Nordic American Offshore Bags PSV Contract

Bermuda-headquartered Nordic American Offshore (NAO) has been awarded a two-year fixed contract for the Platform Supply Vessel (PSV) built in 2015, 'NAO Viking'. ''NAO Viking''.…
Thursday, 13 December 2018 10:12

Total Sells 4% of Ichthys to Inpex for $1.6 Bln

French energy company Total said it has agreed to sell a 4 percent stake in its Australian Ichthys liquefied natural gas (LNG) project to Japanese…
North Sea Brent crude oil fell below $60 a barrel on Thursday, under pressure from high global inventories and a smaller-than-expected drawdown in U.S. crude…
PetroChina Co Ltd struck sizeable oil and gas flows in an exploration well in the Tarim basin of the remote northwestern region of Xinjiang, marking…
Thursday, 13 December 2018 03:51

Exxon, BHP to Develop West Barracouta Gas Field Featured

ExxonMobil Corp and the world's top miner BHP Billiton said on Thursday they approved development of the West Barracouta gas field in the Gippsland Basin…
Thursday, 13 December 2018 03:16

Nigeria Sues Shell, Eni Over Oil Deal

Lawyers for the Nigerian government said they had filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni in a commercial court in London…
Thursday, 13 December 2018 03:06

Chrysaor Sets Sights on Chevron's North Sea Assets Featured

Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron's British North Sea oil and gas fields for over $2.5 billion,…
Thursday, 13 December 2018 02:13

Chevron Announces Leadership Changes

Oil major Chevron announced Monday it has named Navin Mahajan vice president and treasurer, effective February 1, 2019, and Dale Walsh vice president of Corporate…
Wednesday, 12 December 2018 18:13

Offshore Wind: SeaTwirl Secures Funding

Swedish floating wind turbine player SeaTwirl has joined the Ocean Energy Scale-Up Alliance (OESA) that has been granted funding from the Interreg North Sea Region.…
The oil and gas company with focus in Norway and the U.K. Faroe Petroleum has reaffirmed that Norwegian oil giant DNO ASA's GBP608mln ($761.65 million)…
Wednesday, 12 December 2018 18:09

Dredging International Contract Goes to Sif

Netherlands-based Sif Holding N.V. announced that Dredging International has awarded to Sif the production of 58 monopiles and the primary steel of the transition pieces…
Wednesday, 12 December 2018 18:07

Dudgeon Offshore Wind Bags $1.77B Refinancing

One of the world’s largest offshore wind projects, the 402-megawatt (MW) Dudgeon offshore wind farm in the U.K., announced the signing and pricing of privately…
Wednesday, 12 December 2018 18:06

NOIA Calls for Offshore Wind Territories Act

National Ocean Industries Association (NOIA) said that U.S. territories need the Offshore Wind for Territories Act. Image: BOEM The U.S. has five permanently inhabited 'Territories'…
Wednesday, 12 December 2018 07:58

Hess Expects Output Growth Through 2025

U.S. producer Hess Corp said on Wednesday it expects oil and gas output to grow more than 10 percent a year compounded through 2025, citing…
Wednesday, 12 December 2018 07:54

Parker Drilling Files for Bankruptcy Protection

Parker Drilling files for pre-arranged Chapter 11 reorganization © Namthip / Adobe Stock Oilfield services provider Parker Drilling Co said it filed for bankruptcy protection…
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