Clean Fuel
ISS to Support Construction of Dar es Salaam Gas Pipeline
Inchcape Shipping Services (ISS) has secured a significant offshore logistics services project in Tanzania from China Petroleum Pipeline Bureau (CPPB) and Anglo Eastern Ship Management. Under the contract, ISS will support the construction of a prestigious $3.2 billion deep water gas pipeline linkin
Picture of the Day: Swinoujscie LNG Terminal
Polskie LNG, which is building Poland’s first LNG import terminal, posted a picture on its website of the LNG terminal being built at the Port of Świnoujście. In the first stage of operation, the LNG terminal will enable the re-gasification of 5 Bcm of natural gas annually. In the next stages, depen
BG Contract Goes to Air Energi
Air Energi Group, the global workforce solutions provider for the oil and gas industry, said it has been awarded a global framework agreement with major operator, BG Group. The agreement will see Air Energi supply both permanent and consultant services to support BG Group’s operations in Europe, the
DNV GL: Uncertainty Over Oil and Gas Pricing to Be More Prevalent in 2014
Amid a positive outlook for the industry in 2014, senior oil and gas professionals have forecast tighter monitoring of capital expenditure (capex) this year, according to new research published by DNV GL. While nine in 10 (88%) respondents to the research are confident about the sector, concerns ove
Gazprom, SCF Hold Naming Ceremony for LNG Carrier Velikiy Novgorod
On 20 January, a naming ceremony was held for the new state-of-the-art LNG carrier Velikiy Novgorod, ordered by Sovcomflot group of companies (SCF) for transportation of LNG for Gazprom group. The ship will operate under a long-term time-charter agreement with OAO Sovcomflot and will reinforce posit
Belgium: LNG Tanker Scheduled at Zeebrugge Jan 25
The WilForce liquefied natural gas carrier, with a capacity of 156,000 cubic meters, is due to arrive at the Zeebrugge LNG terminal on January 25, port data reveals. The liquefied natural gas carrier will probably load in a re-export cargo and depart from the Zeebrugge terminal to South Korea’s Inch
Top News of The Week January 13-18, 2014
ALE Heavylift: Moving APLNG Modules (VIDEO) ALE Heavylift posted a video showing how the modules are being moved on Curtis Island for Australia Pacific LNG project. Fluor, JGC Secure EPC Contract for Kitimat LNG Fluor Corporation announced that its joint venture with JGC was awarded an engineering,
Sanmar: LNG Tug on Way to Norway
M/T Borgøy, the world’s first LNG-powered tugboat, designed by Norwegian Buksèr og Berging in-house team with the assistance of Marine Design AS in Norway, and developed by Sanmar’s modern shipyard in Istanbul, completed her sea trials successfully this month and started her maiden voyage on 14th of
Kalmar Demonstrates LNG Powered Reachstacker
Kalmar, part of Cargotec, has demonstrated a new dual-fuel diesel and LNG powered reachstacker to the public at the Port of Livorno, Italy, on 16 January. The visionary prototype machine was created in partnership with Kalmar’s customer Global Service, the leader of the pilot and one of the most imp
Shell Updates on 2013 Results
Royal Dutch Shell updated on its expected 2013 results. Fourth quarter 2013 figures, which are expected to be published on January 30, 2014 , are expected to be significantly lower than recent levels of profitability, considering current oil and gas prices and the downstream oil products industry en
GasLog Prices Public Offering
GasLog announced that its public offering of 9,500,000 common shares was priced at $15.75 per share. The offering was upsized from the previously announced 8,400,000 common shares. The company is also selling approximately $36.5 million of common shares at the public offering price in a private plac
Novatek Completes Purovsky Plant Expansion
Novatek of Russia announced that last two new gas condensate stabilization trains with three million tons per annum overall capacity were launched at the Purovsky plant resulting in completion of a project for expanding capacity of the plant from 5 to 11 million tons. First two new trains with the s
Eni Approves Bond Issue
Eni’s Board of Directors approved the possible issue of one or more bonds, to be placed with institutional investors, with a value up to a maximum aggregate amount of 2 billion euro, or its equivalent in other currencies, to be issued in one or more tranches by 16 January 2015. The bonds will enable
GasLog Announces Public Offering
GasLog announced that it plans to offer 8,400,000 of its common shares to the public. The company intends to grant the underwriters of the public offering a 30-day option to purchase up to 1,260,000 additional common shares. Concurrently with the public offering, the company is also selling through