£100m North London Built-To-Rent Tower Approved
February 22, 2016
The Department for Communities and Local Government has granted Essential Living permission to build a 24-storey block of flats in Swiss Cottage, overruling a previous decision to block the project by Camden Council. After a two-year planning battle, the £100m…
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Gaslog Refinances Six LNG Carriers
February 19, 2016
Owner and operator of LNG carriers GasLog Ltd and its partnership GasLog Partners LP have entered into agreements for the refinancing of six vessels, representing all debt maturities for both entities due in 2016 and 2017. The refinancing was completed…
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Star Bulk Adds Nine Bulkers to Capesize Chartering Pool
February 18, 2016
Greece-based dry bulk shipping company Star Bulk Carriers Corp. has entered into a Capesize Chartering Ltd (CCL) pooling agreement for nine of its Capesize dry bulkers. The deal was signed with three companies, namely, Bocimar International NV, Golden Ocean Group…
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Barakah Offshore Lands Work On World’s First FLNG Unit
February 17, 2016
Barakah Offshore, a Malaysian provider of oilfield services, has been selected by Petronas to work on what is expected to be the world’s first Floating LNG unit – the PFLNG1. According to a Bursa Malaysia filing on Tuesday, Barakah Offshore’s…
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Byron Energy Spuds Gulf Of Mexico Well
February 16, 2016
Byron Energy has spudded the SM-6 #2 well in the U.S. Gulf of Mexico using the Hercules 2015 jack-up drilling rig. The well is being drilled in water depth of approximately 20 meters/65 feet, with a planned total measured depth…
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Shell Completes Acquisition Of BG Group
February 15, 2016
Anglo/Dutch oil giant Shell has completed the acquisition of BG Group, after the scheme sanctioned by the court last week became effective on Monday, February 15, 2015. The completion of the acquisition makes Shell one of the world’s largest foreign…
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Wood Group Nets Contract Extension With Chevron In North Sea
February 9, 2016
Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver operations and maintenance services to the Alba Northern platform, Alba floating storage unit,…
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UK: Total In Laggan-Tormore Start-Up
February 8, 2016
French oil and gas company Total has started-up production from the Laggan and Tormore gas and condensate fields, located in 600 meters of water in the West of Shetland area. According to Total, the fields will produce 90,000 barrels of…
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ConocoPhillips Gets Green Light To Use ‘Rowan Norway’ At Ekofisk
February 5, 2016
The Petroleum Safety Authority (PSA) has granted ConocoPhillips consent to use the Rowan Norway drilling rig for plugging and abandonment of wells at Ekofisk 2/4 B, offshore Norway. Ekofisk is an oil field lying in 70-75 metres of water in…
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Statoil Dishes Out EPC Contracts Worth $184M
February 4, 2016
Statoil has awarded the contracts that include marine operations, marine construction, engineering, procurement and construction (EPC) of an unmanned wellhead platform as well as modifications at the Oseberg Field Centre, in the North Sea offshore Norway. The contracts have a…
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