AET Grows in Brazil
With the ongoing development of deepwater pre-salt plays and a decreased demand on local content in tankers and other vessels, Brazilian national operator Petrobras and other super-majors have been looking abroad for better rates and reliable operators of shuttle tankers. Claudio Paschoa, Maritime Reporter’s correspondent in Brazil spoke to Peter Liew…
Construction Begins at Galloper Offshore Wind Farm
A ground-breaking ceremony was held at Harwich International Port, North Sea seaport in Essex, to mark the official start of construction of the GBP 10 million operations & maintenance (O&M) base for Galloper Offshore Wind Farm.Representatives from the wind farm, Tendring District Council, the Port and contractors working…
Canada Moves Crude One Truckload at a Time
At an Alberta oil loading terminal, a convoy of big rigs are gearing up to haul Canadian crude oil hundreds of miles through bone dry fields across the U.S. border into Montana, where the oil will be transferred to pipelines and rail cars headed south and west. Trucks loaded with crude are an increasingly common sight at the border.
NuStar, Other Energy Partnerships Simplify Business Models
Some publicly-traded U.S. energy pipeline and oil-storage partnerships are restructuring into simpler business models to help attract new investors and spur growth. Rising oil and gas production has spawned billions of dollars of new transport, gathering and storage projects. But the companies most responsible for these projects can allocate up to 50 percent of their income to the general partner…
Peterson Wins 5-year Contact to Support BP in Trinidad
An international energy logistics provider Peterson has been awarded a five year contract, with options for further extension, with BP Trinidad and Tobago LLC (BPTT) to provide integrated logistics services for its operations in Trinidad & Tobago. The scope of work includes integrated supply base operations management, logistics control planning and pipe yard operations.
US Energy Jobs Rise as Higher Prices Boost Oil Drilling
U.S. oil and natural gas producers added jobs in December and January as drillers continued to return to the well pad with crude prices holding near 18 month highs, according to U.S. jobs data on Friday. Oil and gas extraction jobs increased by 100 to 177,400 in January, while support services jobs increased by 600 to 195,200 in December, its second increase in a row, according to U.S.
Forbes Joins Peterson Leadership Team
International energy logistics provider Peterson has appointed Sarah Forbes as director of projects and innovation. The appointment follows an investment by Peterson in Core 29, the project management and consultancy business founded by Forbes in Aberdeen in 2012. Forbes, who has been working with Peterson for a number of years…
Peterson Awarded Marine Services Contract with ENGIE
International energy logistics provider Peterson has been awarded a contract for marine services by ENGIE E&P UK Limited. The contract, managed out of Aberdeen, covers the provision of marine warranty and assurance services in support of ENGIE’s operations across the UKCS. The contract will be managed by Peterson Integrated Marine Services, based at Aberdeen Harbour.
Statoil Awards Peterson Offshore Wind Farm Contracts
International energy logistics provider Peterson said it has been awarded two long term contracts with Statoil to provide logistics support for the Dudgeon offshore wind farm located in the Southern North Sea. Peterson will work with the operator to deliver logistics services including stevedoring, ship agency services, provisions delivery and transportation of personnel for walk to work security.
Dorian LPG MoU with HNA Logistics
Dorian LPG Ltd. a leading owner and manager of modern VLGC's (very large gas carriers), today announced that it has entered into a Memorandum of Understanding ("MOU"), with HNA Logistics Group Co., Ltd. to explore opportunities in the liquefied petroleum gas logistics market. John Hadjipateras, Chairman, President and Chief Executive Officer commented…
North American Oil Trains Under Scrutiny
Sheriff Craig Apple assured a room of concerned citizens that county emergency crews were prepared to handle an oil-train accident involving three or four tank cars. Firefighters have been training to combat railcar fires with foam, and evacuation plans are detailed in a 500-page emergency response plan, Apple told residents in a May 12 address.
Batista Shipbuilder Proposes 25-Year Payback Plan
OSX Brasil SA, the troubled shipbuilder controlled by former Brazilian billionaire Eike Batista, proposed a 25-year plan to pay back creditors to a Rio de Janeiro bankruptcy court, the company said on Friday in a statement. The proposal includes an initial three-year relief period before OSX would have to start making the payments.
Handling Of U.S. Strategic Oil Reserve Under Scanner
Republican lawmakers on Monday asked the U.S. government for more information on its oversight of the country's emergency petroleum reserve, seeking details on Obama administration moves to test its capabilities and expand it to include gasoline. Republicans in general are opposed to use of the Strategic Petroleum Reserve…
Brazil's Batista Target of Insider Trading Probes
Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms, securities industry watchdog CVM said on Friday. In a statement sent to Reuters, Rio de Janeiro-based CVM confirmed…
