News
DONG Energy Invests in UK Tower Factory, Secures Preferred Access Rights
DONG Energy is making a a multi-million pound investment in CS Wind’s new offshore tower manufacturing facility in Campbeltown, Scotland, which will give DONG Energy preferred access rights to towers for its offshore wind farms. The factory will be able to produce at least 50 towers a year and 70 jo
Video: Wärtsilä progresses Tornio Manga LNG terminal construction
Finnish LNG specialist, Wärtsilä, has continued the development of the Tornio Manga LNG terminal at the Port of Röyttä.
EIB Earmarks EUR 438 Million to Bring Norther OWF Forward
The European Investment Bank (EIB) will support the construction of the Norther wind farm off the Belgian coast with a loan of EUR 438 million, with half of the amount to be guaranteed under the European Fund for Strategic Investments (EFSI). The total cost of the project is estimated to be EUR 1.1
SCPA Posts Record November Container Throughput
The US South Carolina Ports Authority (SCPA) reported its strongest November container volumes on record, handling a total of 175,215 TEUs during the month. Previously, SCPA’s strongest November on record was 163,121 TEUs handled in 2005. Box volumes increased by 14 percent, compared to 153,594 TEUs
EIA: US natural gas reserves down on lower prices
Proved reserves of natural gas in the United States dropped 16.6% percent in 2015 as compared to the year before, according to the Energy Information Administration (EIA). The natural gas reserves decreased by 64.5 trillion cubic feet (Tcf), declining from 388.8 Tcf in 2014 to 324.3 Tcf, the EIA sai
One offshore worker dead, nine missing after accident in Caspian Sea
One offshore worker has been killed and nine are missing after an accident offshore Azerbaijan when a part of an oil installation collapsed due to strong winds. The country’s state-owned oil company Socar said the accident happened in the Caspian Sea on the morning of December 15, 2016. The accident
API CEO urges more LNG exports from secretary of energy nominee
President and CEO of the American Petroleum Institute, Jack Gerard, urged the former Texas governor Rick Perry to make LNG a top priority at the Department of Energy, following the latter’s nomination for the post of secretary of energy.
RasGas CEO advocates replacing coal with LNG in India
During a conference in New Delhi, RasGas CEO Hamad Mubarak Al Muhannadi stressed that using LNG as an alternative to coal would result in both immediate and long-term benefits for public health and the environment.
Hanjin, Shifting Alliance Routes Drag Long Beach Box Volumes Down
Shifting alliance routes and the Hanjin bankruptcy continued to affect US Port of Long Beach (POLB) volumes in November 2016, when container traffic was 13.8 percent lower than the same month last year. A total of 534,308 TEU units was moved through the harbor last month, compared to 619,699 TEUs se
Darren Woods named Exxon CEO as Tillerson leaves
Darren W. Woods, currently president of Exxon Mobil Corporation, has been named chairman and CEO of the company, replacing Rex Tillerson, effective January 1, 2017.
LATC Marine denies reports of pirate attack offshore Nigeria
Following reports on Wednesday that an offshore vessel had been attacked offshore Nigeria ,the vessel owner denies any such thing happened. To remind, Asket.co.uk on Wednesday reported that the MV Chilosco vessel had reportedly been attacked some 31 nautical miles south of Brass, Nigeria on Tuesday,
Shell CFO Simon Henry leaves, Jessica Uhl to take over
Royal Dutch Shell said that after more than seven years in the role, Simon Henry will conclude his service as Chief Financial Officer of the company and will be succeeded by Jessica Uhl.
Total joins multi-sector LNG coalition
France’s Total is the next oil and gas major to join the SEALNG, a multi-sector industry coalition advocating the widespread adoption of LNG as a marine fuel.
All 32 8MW Turbines Installed at Burbo Bank Extension
Last night, A2SEA’s Sea Installer completed the installation of 32 MHI Vestas 8MW turbines at DONG Energy’s Burbo Bank Extension in the Irish Sea. At 8:25PM GMT yesterday, the final blade on turbine 32 at Burbo Bank Extension was lifted into place. The 258MW wind farm off the coast of Liverpool, UK