News
Seaproof to Protect TWB II Inter-Array Cables
Siem Offshore Contractors has awarded Seaproof Solutions with a contract for the design and supply of cable protection systems for the inter-array subsea cables at the Trianel Windpark Borkum II offshore wind farm in Germany.
Iv-Oil & Gas Working on Borkum Riffgrund 2 OSS
HSM Offshore has awarded Iv-Oil & Gas the engineering and procurement of the Borkum Riffgrund 2 offshore substation.
Iv-Oil & Gas Working on Borkum Riffgrund 2 OSS
HSM Offshore has awarded Iv-Oil & Gas the engineering and procurement of the Borkum Riffgrund 2 offshore substation.
VesselsValue: Demand for Iran’s Crude Doubled
Following the lifting of sanctions against the Islamic Republic of Iran in early 2016, seaborne demand for Iranian crude has more than doubled, according to a report released by VesselsValue. In the past five years, the greatest demand for Iranian crude came from China, Japan and South Korea, respec
Tellurian’s Driftwood LNG granted FTA export permit
Tellurian said its Driftwood LNG project received the permit from the United States Department of Energy to export liquefied natural gas to free trade agreement nations.
Second Windea SOV Named and Ready for Sandbank
Windea Leibniz, the second service operation vessel (SOV) ordered by Bernhard Schulte Offshore and ICBC Leasing from Ulstein, will start working for Siemens at the Sandbank wind farm in April, after being named at a ceremony held today.
Japan: power companies boost LNG use in Nov on month
Liquefied natural gas (LNG) use by Japan’s power companies rose 10.9 percent in November when compared to the previous month. The power companies consumed 4.56 million mt of LNG in November, as compared to 4.12 million mt in October, the preliminary data from the Ministry of Economy, Trade and Indus
Engie narrows loss, takes $4bn impairment hit
French utility and LNG player Engie remained in the red last year as it booked a hefty write-down due to low power prices and higher nuclear provisions in Belgium. Engie said Thursday it had booked 3.8 billion euros ($4 billion) worth of impairments in 2016. The impairments included 1.9 billion euro
Wood Group completes Leviathan FEED
Aberdeen-based LNG engineer Wood Group completed the front-end engineering design (FEED) for Noble Energy’s Leviathan field development project in the Eastern Mediterranean Sea.
ExxonMobil to boost capital spending in 2017
US-based energy giant ExxonMobil expects to up its capital spending by 16 percent in 2017, reaching $22 billion.
Hamburg Creates Space for Mega-Ships
The Hamburg Port Authority (HPA) has completed deepening of the Vorhafen entry, creating more space for large containerships as well as for cruise ships. The Vorhafen is the gate to the turnover areas in Steinwerder. According to the HPA, the project has enabled big ships to maneuver in Tollerort re
IHS Markit: Middle East OSV market shows ‘modest growth’
The Middle East is the only region to buck the downward trend in offshore supply vessels (OSVs) over the last two years, according to new analysis released on Wednesday by IHS Markit, an information and analytics group. Demand in the region has remained steadfast since the decline in the price of oi
Primeline settles Zhejiang Gas dispute after ‘long and hard battle’
China-focused E&P company Primeline Energy has settled its dispute with Zhejiang Natural Gas Development Company in relation to the gas sales contract (GSC) for LS36-1, off China. The company has been in dispute with Zhejiang Gas regarding the price payable under the gas sales contract. According to
Samsung Engineering, KBR chosen to build Texas LNG plant
Texas LNG selected Samsung Engineering and KBR for the construction of its proposed 4 mtpa LNG export facility at the Port of Brownsville in South Texas.