Australian energy company Santos announced on Friday the establishment of the new Executive team reporting to the CEO, Kevin Gallagher. According to the energy company, the following senior executives will comprise the new executive team: Bill Ovenden was appointed Vice…

Maersk’s APM Terminals has been named as the operator of a new container transshipment terminal at the Tanger Med 2 port complex, situated in Morocco, on Africa’s northwest coast near the mouth of the Mediterranean Sea on the Strait of…

Crude oil shipping company Gener8 Maritime has taken delivery of the “ECO” VLCC the Gener8 Success from Chinese shipbuilder Shanghai Waigoqiao Shipbuilding Co. The Gener8 Success represents the eighth of 21 “ECO” VLCCs expected to be delivered into Gener8 Maritime’s…

AGR, a construction and engineering project management, HSEQ, reservoir and field management service company, has been awarded a frame agreement with Lundin for delivering consultancy services on- and offshore Norway. The service provider said that the four-year agreement has extension…

Shanghai-listed shipping company China Merchants Energy Shipping (CMES) has placed an order for ten VLOCs at three compatriot yards. Eight 400,000 dwt VLOCs will be built by Shanghai Waigaoqiao Shipbuilding (SWS) and Qingdao Beihai Shipbuilding Heavy Industry, four each for…

Mubadala Petroleum has reported that drilling of the first of two development wells on the Manora field in the Northern Gulf of Thailand started on Tuesday, March 22, 2016. Mubadala Petroleum is the operator of the G1/48 concession containing the…

The European Commission has given its consent to Finland’s plans to grant EUR 28 million (USD 31.5 million) for the construction of a second small scale liquefied natural gas (LNG) terminal at Hamina, on Finland’s South-East coast. The European Commission…

Mexican oil and gas services company Oro Negro has entered a one-year contract extension with Mexican state-owned oil and gas company, Pemex. Oro Negro’s 2014-built jack-up rig Decus will continue working for Pemex under a contract which provides options for…

d’Amico Tankers Limited (Ireland), product tanker subsidiary of d’Amico International, has secured a new USD 250 million term loan facility  with a pool of nine primary financial institutions, the company said. The lenders include: Credit Agricole Corporate and Investment Bank,…

After years of delays, Eni, an Italian oil company, has started production from the Goliat field in the Barents Sea. The field, dubbed the world’s northernmost offshore development, was originally planned for first oil in 2013. Goliat, located 85 kilometers…