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AOG Daily: 2019 / January

French oil group Total will approve plans to proceed with the Ikike project in Nigeria in the coming months, and also aims to expand its…
Monday, 21 January 2019 05:49

HST Orders Damen Fast Crew Supply Vessel

Damen and High Speed Transfers Ltd (HST) signed a contract for a third FCS 2710 fast crew supply vessel, for delivery in September this year. …
Russia's energy ministry said on Monday that Japan's Mitsubishi Corp has expressed interest in participation in the Arctic LNG 2 project, which is due to…
Greece on Monday approved two consortia to submit final bids for a 50.1 percent stake in its biggest oil refiner Hellenic Petroleum, its privatisations agency…
Oil rose on Monday, reversing earlier losses, as investors latched on to positive supply-side drivers for the market, although concern about the wider economy simmered…
Norway's Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company…
Sunday, 20 January 2019 17:16

Ørsted, Tepco Join Forces for Japan Offshore Push Featured

Tokyo Electric Power Company Holdings (TEPCO) has signed a memorandum of understanding (MoU) with Danish energy business Orsted to work together on offshore wind projects.…
Schottel, the manufacturer of propulsion and steering systems for ships and offshore applications, has made a strategic decision to merge its tidal energy businesses into…
Sunday, 20 January 2019 17:12

Equinor Pushes Shore Power, Cuts CO2

Norwegian oil major Equinor said that NorSea opened a shore power supply station at the Dusavik supply base in Stavanger, Norway, on January 18. Equinor…
Japan’s Inpex Corporation, through its unit Inpex Norge bagged two exploration licenses offshore Norway in Norway’s Awards in Predefined Areas (APA) 2018 licensing round. Pic:…
Bahrain expected to start LNG imports early this year; FSU on 20-year time charter to Bahrain LNG arrives in the GulfBahrain's first liquefied natural gas…
A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling during the ongoing government shutdown,…
Oil prices rose on Friday after an OPEC report showed its production fell sharply last month, easing some concerns about prolonged oversupply. © Richard /…
Schlumberger signed a contract worth over $200 million with oil major Equinor to manage an offshore rig as part of a drilling program in Brazil's…
Friday, 18 January 2019 02:52

Oil Refining Capacity to Grow at Record Pace Featured

Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline…
Friday, 18 January 2019 02:05

Schlumberger Sees International Growth in 2019 Featured

Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled…
Thursday, 17 January 2019 17:24

GE to Test 12MW Turbine in Netherlands

Rotterdam's skyline will soon feature what is claimed as the world's largest and most powerful offshore wind turbine. Image: GE GE Renewable Energy and Future…
Spanish offshore industry player Siemens Gamesa Renewable Energy (SGRE) has unveiled a giant new 10+ MW wind turbine it claims will boost yields by 30…
Europe’s independent oil and gas exploration and production company Lundin Petroleum announced that its wholly owned subsidiary Lundin Norway has been awarded a total of…
The liquefied natural gas (LNG) bunkering infrastructure is expanding globally and there are increasing numbers of LNG-bunker vessels which are encouraging other operators to adopt…
Currently, the liquefied natural gas (LNG)-powered fleet has grown globally from 118 LNG-powered vessels in operation in 2017, to 143 LNG-powered vessels in operation –…
Thursday, 17 January 2019 09:12

Ivar Aasen Now Operated from Land

Aker BP on Wednesday said it has begun operating the permanently manned North Sea platform Ivar Aasen from an onshore control room in Trondheim, Norway.…
Australia's Woodside Petroleum Ltd on Thursday flagged higher-than-expected investment spending for 2019 as it steps up early work on the two big natural gas developments…
Thursday, 17 January 2019 03:17

Aker BP Plans Output, Dividend Hike

Norway's Aker BP will boost dividend payments between now and 2023 and step up investment in developing offshore oil and gas fields next year, the…
Thursday, 17 January 2019 03:02

Shell Appoints Sawan as Upstream Boss

Royal Dutch Shell has appointed Wael Sawan to head its oil and gas production division, replacing Andy Brown who will step down after 35 years…
Wednesday, 16 January 2019 18:04

Seacor Marine Acquires Three Cosco PSVs

The offshore marine support vessels operator Seacor Marine Holdings announced it has entered into definitive agreements to acquire three platform supply vessels (PSVs) from Cosco…
Wednesday, 16 January 2019 18:03

Subsea Integration Alliance Wins Esso Contract

Exxon Mobil subsidiary Esso Australia Pty Ltd. awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance, which comprises OneSubsea,…
Wednesday, 16 January 2019 18:02

Offshore Service Market to Outspace Onshore Shale Featured

Spending on the offshore service sector will outpace spending on the onshore shale sector this year, said Rystad Energy. Graph: Rystad Energy According to Rystad's…
Wednesday, 16 January 2019 17:55

Adnoc Fleet Slashes Carbon Emission 23%

Adnoc Logistics & Services (Adnoc   L&S) announced that it has reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.…
Wednesday, 16 January 2019 17:51

Novatek Production Rose 6.9% in 2018 Featured

Russia's largest independent natural gas producer Novatek said that total hydrocarbon production during 2018 increased by 6.9%, and had increased sales of gas. Pic: Novatek…
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