News
LNG carriers allowed to bunker at Panama Canal
The Panama Authority (ACP) has reversed its decision to prohibit LNG carrier to bunker fuel while at anchorages of the Panama Canal.
A2SEA Hired to Install 102 East Anglia ONE Turbines
From summer 2019, A2SEA will be installing 102 Siemens 7MW turbines at the East Anglia ONE offshore wind site, situated approximately 45 kilometres off the Suffolk Coast in the southern North Sea. A2SEA, which signed the turbine installation contract today, will deploy its offshore wind installation
Shell’s Q3 profit climbs 18 pct
Hague-based LNG giant Shell on Tuesday said its third-quarter profit rose 18 percent on year, boosted by the multi-billion takeover of BG Group earlier this year. Shell’s third quarter earnings on a current cost of supplies (CCS) basis were at $2.8 billion compared with $2.4 billion for the third qu
New subsea player to create new jobs after buying 32 ROVs
A recently formed subsea services business based in Aberdeen and Houston, M² Subsea Limited, has secured an injection of private equity investment to acquire a fleet of 32 remotely operated vehicles (ROVs). The company said on Tuesday that it attracted the investment from a fund advised by Alchemy S
IOG drops Cronx acquisition plans
Independent Oil and Gas (IOG) has decided not to complete the acquisition of the Cronx license located in the Southern North Sea claiming that would not be “an optimal use” of the company’s funds. IOG said on Tuesday it has received initial results from new interpretations of 3D seismic data coverin
IOG Gets Blythe Hub Seismic Data
Independent Oil and Gas (IOG) has received initial results from new interpretations of 3D seismic data covering the Blythe Hub licences in the company’s Southern North Sea portfolio. The data, which is being reinterpreted and comprises 250 km² of 3D seismic from the 1990s, has been reprocessed by Sc
McDermott opens new office in Saudi Arabia
McDermott, a provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments, has opened a new office in Al Khobar, Saudi Arabia. According to the company’s statement on Tuesday, the new office, with the ability to add 300 staff to its e
InterMoor upgrades Brazilian marine base
InterMoor has added inspection and testing capabilities to its marine base at the Açu Superport in São João da Barra, northern Rio de Janeiro, Brazil. The company said the base now has a 1,000-ton test bed and can perform load and breaking test for chain, wire rope, and mooring accessories up to 800
Carnegie Wave Energy Changes Name
Carnegie Wave Energy has decided to change its name to Carnegie Clean Energy, subject to shareholder approval. The name change follows the recent acquisition of 100% of solar and battery microgrid developer, Energy Made Clean (EMC). The acquisition is also subject to the approval of Carnegie shareho
JDR’s Member Joins RenewableUK Communication Advisory Group
Tom Nightingale, JDR’s strategy and marketing manager, has been selected to join RenewableUK’s newly-created Communication Advisory Group. The group is being introduced by RenewableUK to act as a better link between its working groups, policy forums and the board. It will advise RenewableUK’s board
IMO to implement sulphur cap from 2020, LNG as fuel ready
The global cap on sulphur content for marine fuels will come into effect from January 2020, following the decision by International Maritime Organization’s Marine Environmental Protection Committee.
Angola LNG production halted
Angola LNG has suspended production at its 5.2 million tons per year liquefaction plant in Soyo as it is conducting a planned shutdown for a “minor intervention”, an Angola LNG spokeswoman confirmed to LNG World News on Monday. Production of the chilled fuel is expected to resume during the month of
Qatar Petroleum forms international LNG marketing arm
Qatar Petroleum said on Monday it has established Ocean LNG Limited, an international unit which core business will be marketing of the company’s future LNG supply portfolio sourced outside of Qatar. QP said in a statement that the decision to establish a marketing entity to manage its future LNG su
Exmar still in Caribbean FLNG talks
Belgium’s Exmar, the Nicolas Savery-led shipowner said it is still trying to find where to deploy its Carribean FLNG unit currently being finalized at the Wison Offshore & Marine’s yard in Nantong, China. The 0.5 mtpa FLNG unit, with a 16,100-cbm storage capacity, was scheduled for delivery to Pacif