News
ABB wins BW Group FSRU contract
Zurich-based automation specialist ABB has won a contract to supply power and electric propulsion system for BW Group’s new floating storage and regasification unit (FSRU).
Kansai Electric to form Singapore-based LNG trading unit
Japanese utility, Kansai Electric Power decided to establish an LNG trading unit in Singapore as it looks to strengthen its LNG procurement and sales.
34 Wind Turbines Up at Veja Mate
Two and a half months ahead of schedule, Veja Mate has reached the halfway installation milestone with 34 of the total 67 wind turbines now installed.
BP hits more gas off Egypt
UK-based energy giant and LNG player BP made another gas discovery in the North Damietta offshore concession in the East Nile Delta, Egypt.
CGG and Eidesvik to set up new company with seven seismic vessels
French geophysical company CGG has agreed in principle with its longstanding partner Eidesvik, a Norwegian shipping company, and its Nordic lenders to establish a new ownership set-up for its operated fleet. CGG said on Friday this agreement is reflecting its focus on competitiveness and strict oper
Poland’s Gaz-System moving forward with FSRU project
Polish gas transmission operator, Gaz-System said Monday it has taken a step forward with plans to install a floating storage and regasification unit (FSRU) in the Bay of Gdansk located on the Baltic Sea. Gaz-System, that also operates Poland’s first LNG terminal in Swinoujscie, completed the tender
Inpex reorganizing domestic natural gas business operations
Japanese LNG project developer Inpex will reorganize its natural gas business operations in the country by establishing a domestic energy supply & marketing division.
What to expect from the new MRV guidelines
By Shaun Bainbridge, director at Lucideon Shaun Bainbridge talks through the EU 2015/757 (MRV) shipping verification regulation. The MRV (Monitoring, Reporting and Verification) regulation requires ships with 5,000 GT or greater to monitor, report, and verify their CO2emissions on an annual basis. T
Race Bank OSS Tandem Installed, Turbine Installation Up Next
Following the installation of the jacket foundation on 15 March, the 2,900t topside for the second offshore substation at the Race Bank offshore wind farm was installed over the weekend.
Race Bank OSS Tandem Installed, Turbine Installation Up Next
Following the installation of the jacket foundation on 15 March, the 2,900t topside for the second offshore substation at the Race Bank offshore wind farm was installed over the weekend.
ONGC hires Aban Ice drillship
Indian drilling contractor Aban Offshore has secured a contract from ONGC for the charter hire of drillship Aban Ice. According to Aban Offshore, the drilling contract is for a firm period of 3 years. The total value of this contract is approximately $72.3 million, a proof that the offshore drilling
BP finds gas offshore Egypt
British energy firm BP has made a gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 meters in water depth of approximately 108 meters using the El Qaher II jack-up rig. The wireline lo
Houlder, Wärtsilä and Trelleborg develop jettyless LNG transfer concept
Marine design consultancy Houlder, LNG Infrastructure provider Wärtsilä and hose supplier Trelleborg have jointly developed a new mid-scale LNG distribution infrastructure.
Fincantieri’s Vard takeover bid falls short. Ownership increases to 75%
Italian shipbuilder Fincantieri has not managed to fully take over Vard, an offshore vessel building specialist. To remind, Fincantieri in November 2016 launched the offer for the shares not already owned by Fincantieri. More precisely, the offer was for 523,528,732 shares equal to 44.37% of the Var