Business & Finance

Conrad confirms Mako as one of largest gas fields ever discovered in West Natuna Basin
An independent resources audit of the Conrad Petroleum-operated Mako gas field, located in the Duyung PSC offshore Indonesia, has confirmed a significant upgrade, showing that the Mako field is one of the largest gas fields ever discovered in the West Natuna Basin.

TC Energy secures LNG Canada feeder pipeline funds
TC Energy Corporation sold 65 per cent equity interest in the Coastal GasLink Pipeline project.

Santos wins Queensland gas permits
Australian LNG player Santos said Monday it has secured four new gas exploration permits in the Surat Basin east of Roma in Queensland. Two of the permits are for domestic-only supply and two could supply both domestic and liquefied natural gas markets, according to Santos. Santos chief executive Of

Low oil prices could play pivotal role in boosting decommissioning spending, Rystad says
With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.

Colac Otway Highlights Importance of Coastal Protection
Colac Otway Shire, a local government area in the Barwon South West region of Victoria, Australia, is calling on the State Government to commit $4.3 million to urgently address coastal erosion which is severely impacting the coastline in and around Apollo Bay. Colac Otway Mayor, Cr Jason Schram, sai

Donna Reservoir Dredging Wraps Up
The U.S. Environmental Protection Agency and Texas Commission on Environmental Quality recently completed removal of nearly 14,000 cubic yards of contaminated sediment from the Donna Reservoir and Canal System Superfund site in South Texas. The sediment was removed from a half-mile section of the ca

OOS International’s newbuild SSCV awaits sea trials
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.

Germans appealing for 2 GW offshore wind tender
Germany’s WAB, Greenpeace Energy and H2BX are calling for the special 2 GW offshore wind tender to be implemented quickly and that areas be put out to tender before the end of the year. In a letter to German Chancellor Angela Merkel and Federal Minister of Economics Peter Altmaier, the parties claim

Nakauvadra River Dredging Kicks Off
The Ministry of Waterways and Environment of Fiji has commissioned emergency dredging works of the Nakauvadra River in Rakiraki in a deal that will see the removal of all the soil by the contractor without Government having to pay for the works, The Fiji Times reports. Commenting the latest news, Mi

Hudson River PCBs Superfund Site Meeting Set for This Week
The next (virtual) meeting of the Hudson River PCBs Superfund Site Community Advisory Group (CAG) will take place on Thursday, May 28, 2020. At the meeting, EPA will provide an update on status of various current project activities and the long-term monitoring activities (water, fish, sediment, and

Yahara Chain Dredging Underway
Joe Parisi, County Executive of Dane County, Wisconsin, said in his latest announcement, that the first phase of our Yahara Chain of Lakes Sediment Removal Project is officially underway. Dredging equipment is now in the water, working between Lakes Monona and Waubesa. “We hope to remove approximate

Qatar may boost LNG production beyond 126 mtpa
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 receives another LNG shipment
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

Petronas boosts Q1 LNG sales, production
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