News
Billionaire Tom Steyer calls for permanent ban on offshore drilling in Atlantic, Arctic
NextGen Climate, a political activist group focused on climate change, has called on US President Barack Obama to use his executive authority to permanently protect the Arctic and Atlantic Oceans from hazardous offshore drilling. After the election results took the world by surprise, energy sector a
Novatek CEO: first Yamal LNG cargo on track
Novatek’s giant Yamal project in Russia is on track to ship its first cargo of LNG by the end of next year with the project’s plant around 85 percent complete, according to Novatek’s CEO Leonid Mikhelson.
Maersk Supply Service sheds two more offshore vessels
Maersk Supply Service has sold additional two vessels as the next step in the company’s plan to shed 20 vessels over the next year and a half. To remind, Maersk Supply Service’s announced its plan to cut its fleet of vessels and more than 400 jobs in the process back in August. According to VesselsV
Report: Offshore decommissioning set for steady growth
Offshore oil and gas decommissioning in the UK and Norway is slated for a gradual but steady growth over the next decade, Oil and Gas UK, a body representing UK’s offshore oil and gas, industry said on Tuesday. Oil and gas UK has released report “Decommissioning Insight 2016,” which it says is the f
EAGC: will we see another Prelude FLNG?
Hague-based energy giant Shell, that is currently constructing the world’s largest floating LNG producer, Prelude FLNG, may consider building another unit of that size – depending on the market, Marjan van Loon, Shell’s top executive in the Netherlands said on Tuesday.
Deloitte to replace EY as BP’s external auditor
Oil major BP will propose that global consulting agency Deloitte be appointed as the company’s auditor for the financial year 2018 to its shareholders at BP’s 2018 Annual General Meeting. BP said on Tuesday that this decision was taken following a competitive audit tender. In BP’s 2013 annual report
Spotted: Esshu Maru Traversing Cocoli Locks
In today’s spotted, we bring you images of the Esshu Maru, a liquefied natural gas (LNG) tanker, transiting the Cocoli Locks of the Expanded Panama Canal on November 13, 2016. Owned by Japanese shipping company Transpacific Shipping 2, a joint venture of Mitsui O.S.K. Lines (MOL), Mitsubishi Corpora
Tokyo Gas October sales edge up
Total gas sales by Japan’s Tokyo Gas reached 1,146.425 million cubic meters in October, 6.9 percent up compared to the same month in 2015.
Island Offshore in talks with creditors. Stops paying amortization
Norwegian offshore vessel owner Island Offshore has decided to stop amortization payments, citing tough market conditions. The company has said the move is a part of the company’s strategy to address its long-term financing structure with the aim of restructuring its balance sheet. “The Group has, a
CLNG urges Congress to codify energy bill including LNG provisions
The Center for Liquefied Natural Gas on Tuesday called for the expedited passage of an energy bill containing certain LNG provisions.
Austal delivers crew transfer vessel to Swire
Australian shipbuilder Austal has delivered its second high-speed crew transfer vessel this year, to Swire Pacific Offshore (SPO). The 57.6-meter, all-aluminium catamaran was designed by Incat Crowther and constructed by Austal’s shipyard in the Philippines. It is the fourth offshore crew transfer v
Dynagas LNG Partners’ third quarter income jumps
Dynagas LNG Partners, a partnership formed by Dynagas, reported an adjusted net income of US$19.1 million for the third quarter, 19.1 percent up on the $16 million in the corresponding period of 2015.
Technip names Deep Explorer Diving Support Vessel
French oilfield services provider Technip has named its latest newbuild, the diving support vessel (DSV) Deep Explorer, at Vard’s Langsten shipyard in Norway. Technip said on Tuesday that the vessel was officially named on Saturday, November 12, by Heidi Brovoll-Bø, wife of Knut Bø, President of Tec
Study: Shell tops ideal O&G employers list
A study of oil and gas workforce, conducted by Rigzone, has revealed which operators and service companies are rated highest by oil and gas professionals based on key issues including values, performance and pay rates. According to the study Shell, Chevron, ExxonMobil, BP and Halliburton make up the