With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.
Heavy lifting specialist Mammoet has been contracted to provide unloading, transportation and installation services for the Arctic LNG 2 project.
OOS International has informed that its newbuild semi-submersible heavy lift crane accommodation vessel (SSCV) OOS Serooskerke has been completed and is awaiting sea trials.
Connecticut’s utilities Eversource Energy and United Illuminating have filed with the Public Utilities Regulatory Authority (PURA) executed power purchase agreements for the 804 MW Park City Wind Project developed by Vineyard Wind. The Connecticut Department of Energy and Environmental Protection (D
Norwegian dry bulk specialist Western Bulk has signed up with Oceanbolt, an Oslo-based tech startup, in an effort to leverage real-time insights into the dry bulk market.
Qatar’s plans to raise liquefied natural gas capacity to 126 million tonnes per year could even see an additional boost, according to Qatar Petroleum’s chief executive Saad al-Kaabi. State-owned QP is currently working on the first phase of the North Field expansion project to raise the country’s LN
Poland’s sole liquefied natural gas facility in Swinoujscie has received another shipment of LNG as the country is looking to further boost imports of the fuel. The arrival of Nakilat’s 217,000-cbm Q-Flex LNG carrier Al Gattara on Thursday marks the 95th delivery to the Swinoujscie facility on the B
Malaysian energy giant Petronas reported a 6 percent rise in its quarterly liquefied natural gas sales, boosted by higher trading activities. The company’s LNG sales volume stood at 9.99 million tonnes in the first quarter compared to 9.40 million tonnes in the same quarter a year ago. LNG productio
Petronas saw its profit and revenues drop in the first quarter of 2020 after being hit by lower average realised prices for LNG, petroleum products, and crude oil & condensates.
Hurricane Energy has shut-in one of two wells at the Lancaster Early Production System due to interference between two producing wells.
Marine geophysical firm PGS has released new multi-azimuth GeoStreamer 3D for Côte d’Ivoire. This 900-square-kilometre survey should provide increased resolution and sharper imaging of Upper Cretaceous plays in Côte d’Ivoire block CI-706. Recently completed final depth processing has improved illumi
Archer has secured a formal contract award for the provision of a modular drilling unit and associated services from TAQA.
The US Water Power Technologies Office (WPTO) has awarded new research and development project funding for marine energy technologies. The selected small businesses are receiving Phase I Release 2 grants for innovations that demonstrate technical feasibility during the first phase of their research.
Coro Energy has received all necessary regulatory approvals for the transfer of a 15 per cent interest in the Duyung PSC, located offshore Indonesia.
