The Hague-based LNG giant Shell logged a 7 percent decline in its liquefied natural gas sales during the second quarter of this year as it reported a huge quarterly loss. Shell announced on Thursday a loss of $18.1 billion for the second quarter due to the effects related to the Covid-19 pandemic. T
The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the year 2050. This policy is a change from the current practice of granting 20-year LNG export terms. President Donald J. Trump announced the new
French LNG containment specialist GTT posted a 66.2 percent rise in revenue in the first half as it booked eighteen new orders. The company said its revenue reached 203.8 million euros ($240 million) in the January-June period. Revenue benefited from the flow of orders over the last two years, it sa
Russian independent LNG producer Novatek reported a 40 percent decline in its second-quarter profit due to the effects related to the Covid-19 pandemic. Net profit reached 41.6 billion roubles ($572.8 million) in the April-June period, compared to 69.1 billion roubles last year. Revenues also droppe
Tullow Oil has postponed the drilling of its exploration well on a block located offshore Suriname. Meanwhile, Tullow is looking to hire a rig for the well.
Hess sank deeper into the red during the second quarter of the year compared to the same period last year as its revenues dipped on lower oil and gas prices.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for wells located in the Norwegian Sea.
Industry body Scottish Renewables has released a new report analysing contribution of renewable energy to the economy of rural Scotland. The report reviews five economic studies carried out over the past three years. It shows the “remarkable an undeniable” positive effects of the sustainable develop
Ampelmann has secured a contract with Olympic Shipping to support topside commissioning work on Ithaca Energy’s FPF-1 offshore semi-submersible in the North Sea.
Fugro is set to deploy metocean equipment to support the planning of the export cable laying operations at the Sofia offshore wind project in August. Diving support vessel Curtis Marshall will be used for the work scheduled to begin on or around 3 August. The equipment will be deployed for a period
The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of understanding (MoU) with five international partners to develop and adopt common data standards and application programming interface (API) specifications, which will facilitate data exchange for port and maritime services
Vattenfall plans to start offshore construction on the largest, and also the first subsidy-free offshore wind farm in the world, in the spring of 2021. This is when the first foundations, produced by Sif Group, will be brought from the Maasvlakte in the Port of Rotterdam and installed at the 1.5 GW
South African domestic natural gas and helium producer Renergen has completed the design of the Virginia gas plant.
The Nordic energy company Gasum has conducted the first truck-to-ship liquefied natural gas (LNG) bunkering operation in Germany.
