South Korea’s KB Kookmin Bank will lend 240 million Canadian dollars ($171 million) for the construction of a pipeline that will supply gas to the Shell-led LNG Canada project. KB Kookmin Bank said in a statement that it is the only South Korean lender taking part in the Coastal GasLink project fund
Odfjell Terminals (China) Pte. Ltd. (OTC) has completed the sale of its 50 per cent interest in a chemicals storage terminal in the Port of Dalian to VTTI Terminals, a subsidiary of the Netherlands-based VTTI group.
Serica Energy and drilling contractor Awilco have signed a contract for the provision of WilPhoenix rig for one-well workover on the Rhum field located off the UK.
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has begun an assessment of Beach Energy’s proposed T/30P geophysical and geotechnical seabed survey offshore Australia.
The Ocean Power Innovation Network (OPIN) project and Marine Energy Alliance (MEA) are staging a webinar on standardisation and certification for offshore renewables. The event will be held on 19 May 2020 from 10 to 11:30 am CEST. Standards and associated certification schemes can support the develo
US company NextDecade said it still plans to decide on its proposed Rio Grande LNG export plant in Texas this year following reports that the decision could be affected by the Covid-19 coronavirus pandemic. Reuters reported on Monday citing a NextDecade spokeswoman that the company did not provide a
Cash-strapped LNG Limited is selling its proposed Magnolia liquefied natural gas export project to UK-based privately held company Global Energy Megatrend. The $2.25 million-worth transaction, scheduled to close on Friday, includes the Louisiana LNG export project and its 16 employees. The deal also
Austrian oil and gas company OMV has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Island Innovator drilling rig.
Classification society Bureau Veritas (BV), a world leader in testing, inspection and certification services, has noted a 900 per cent rise in demand for the remote inspection of offshore assets and equipment since the outbreak of the COVID-19 pandemic.
Harvey Gulf International Marine, the New Orleans-based LNG-powered PSV owner and LNG bunkering pioneer, secured contract extensions for a pair of its vessels.
The Nordic energy company Gasum has made the first delivery of liquefied natural gas to Equinor under the supply deal signed in January.
Heerema’s Sleipnir, the world’s largest semi-submersible crane vessel, has transported and installed the Nova topside module on the Gjøa platform in the North Sea.
Norwegian shipbuilder and designer Ulstein has delivered two platform supply vessels of the Ulstein PX121 design to China Oilfield Services Limited (COSL).
Norwegian vessel owner Solstad Offshore has finalized negotiations regarding its financial restructuring and the agreed conditions for two Ocean Yield’s anchor handlers.
