News
Delek in Ithaca Energy takeover
Israel’s Delek Group said it has reached an agreement with Ithaca Energy to acquire the remaining shares in the company for a total consideration of C$681 million (US$524 million).
Australia: Beach names new non-executive director
Beach Energy of Australia appointed Richard Richards, the chief financial officer of Seven Group Holdings, as a non‐executive director of the company.
OGA Awards Two Contracts for Petroleum System Studies
Oil and Gas Authority (OGA), in collaboration with the 21CXRM Technical Advisory Committee, has awarded two contracts for petroleum system related studies for the East Shetland Platform and South West Approaches area. The award is a part of the 21st Century Exploration Road Map initiative (21CXRM).
Popular news, Jan 30 – Feb 5, 2017
The most popular articles of the week
U.S. rig count rises
U.S. drilling rig numbers are on the way up. This was revealed on Friday by Baker Hughes in its weekly U.S. rig count report, which shows both onshore and offshore rig count rising compared to the previous week. Canadian numbers are a bit down. BHI Rig Count: U.S. +17 to 729 rigs U.S. Rig [&hellip
Top news of the week Jan 30 – Feb 4
Marubeni, Sojitz ink deal for Indonesia LNG power project Japanese trading houses Marubeni and Sojitz entered into a long-term power purchase deal with the Indonesian state-owned utility PLN for a gas-to-power project that includes the provision of a floating storage and regasification unit. Shell s
Making Full Use of Deck Space
The free deck area on board a wind farm installation vessel is, of course, a finite space which is defined by the length and beam of the vessel when it was built. The area that is accessible to the vessel’s cranes installed in the shipyard is also finite, defined by the position of the crane [&helli
Portugal to get US LNG cargo
Portugal is set to receive a cargo from Cheniere’s Sabine Pass LNG export terminal in Louisiana, at least that is what the ship-tracking data currently shows. This would be the second U.S. LNG cargo produced from shale gas to reach Portugal. According to the shipping data by the port of Sines, the 1
Japan: power companies use less LNG in Oct on month
Liquefied natural gas (LNG) use by Japan’s power companies dropped 7.6 percent in October when compared to the previous month. The power companies consumed 4.12 million mt of LNG in October, as compared to 4.45 million mt in September, the preliminary data from the Ministry of Economy, Trade and Ind
Lithuania: ESO plans LNG regasification facility in Druskininkai
Energijos Skirstymo Operatorius a Lithuanian power and gas distributor issued a public call for tenders for the installation of LNG regasification facility in the town of Druskininkai.
Shell appoints new Australian head
The Hague-based LNG giant Shell said that its unit, Shell Australia named Zoe Yujnovich as a successor to Andrew Smith as chairman of the Shell companies in Australia from April 1, 2017.
U.S. LNG exports hit record high in January
Cheniere’s Sabine Pass liquefaction plant in Louisiana exported fifteen LNG cargoes in January, setting a new record for U.S. monthly exports, the Energy information Agency confirmed in its weekly natural gas report issued on Thursday. The Sabine Pass facility, first of its kind to ship U.S. shale g
South Korea: SK E&S fires up Paju LNG power plant
SK E&S unit, Paju Energy Service, has started commercial operation of its 1,800 MW LNG power plant at Bongam-ri, Paju-eup, Gyeonggi Province, Korea.
Statoil strikes gas in North Sea
Norwegian energy giant and LNG player Statoil has made a gas discovery at the Valemon field in the North Sea, two years after Valemon came on stream. The discovery is estimated to contain between 20 and 50 million barrels of oil equivalent, Statoil said on Friday. The well was drilled 160 kilometres