News
CGG wins seismic job as Mozambique eyes more LNG feedgas
CGG has won a contract from Instituto Nacional de Petroleo (INP) to acquire seismic data offshore Mozambique.
Chevron working to meet $2B asset sales target in 2016
U.S. oil giant Chevron is looking to divest its assets in Bangladesh, aiming to fulfill its assets sales program set at between $5 and $10 billion in 2016 and 2017. Earlier this year, as part of its previously announced divestment plans, Chevron sold 19 fields in the U.S. Gulf of Mexico to Cox Oil f
Japanese partners sanction construction of new LNG power plant
Fukushima Gas Power project’s founding shareholders reached a decision to start the construction of a natural gas-fired power plant at Soma Port in Shinchi Town and approved the participation of three new project partners.
EnQuest cuts Kraken costs. Reaches restructuring deal with lenders
EnQuest, an oil company working to develop the Kraken oilfield in the UK North Sea, has managed to further cut the project costs. It has also reached a deal with creditors over debt restructuring. The company has already reduced the Kraken costs estimates several times. In a statement on Thursday, E
Report: Chevron eyes Gorgon condensate sale
Chevron could reportedly start selling condensate produced at the Gorgon gas field located some 65 kilometers off the west coast of Barrow Island in Australia.
Driftwood LNG seeking DOE’s export permit
Driftwood LNG filed an application with the U.S. Department of Energy for authorization to export up to 26 mtpa of liquefied natural gas from its proposed facility in Louisiana.
Motive Offshore to Build Carousel Loading Tower for Swan Hunter
Swan Hunter has issued Motive Offshore Group a Letter of Intent (LOI) for the design and build of a basket carousel loading tower. Package Manager John Young said: “We are pleased to announce our agreement with Motive to provide the design and build of our Carousel Loading Tower. This key deliverabl
VIDEO: Georgia’s Ports Resume Normal Ops after Matthew
Following the passing of Hurricane Matthew, the Georgia Ports Authority (GPA) said that its ports are now fully operational after the Savannah River channel reopened. The Savannah River channel reopened for commercial traffic on Wednesday, October 12 at 7 am local time, with 11 vessels transiting th
Diesel Fuel Spills after Allision near Port Isabel
Some 20,000 gallons of low sulfur diesel fuel were released into the Intracoastal Waterway near Port Isabel, Texas, after a towing vessel allided with a dock, according to the United States Coast Guard (USCG). Namely, the spill was reported in the late evening hours on October 11 when the uninspecte
Cheniere granted permit to start LNG exports from Sabine Pass Train 2
The United States Federal Energy Regulatory Commission issued a permit to Cheniere Energy to start exporting LNG from its second liquefaction train at the Sabine Pass plant.
GC Rieber forms new seismic player with Rasmussengruppen
Norwegian shipping company GC Rieber Shipping has signed an agreement with Rasmussengruppen to establish a new, jointly owned, marine geophysical company called Shearwater GeoServices. Shearwater GeoServices will become an integrated provider of marine geophysical services to oil and gas and multi-c
Norway: Five workers exposed to poisonous gas
Five people have been exposed to poisonous H2S gas at Statoil-operated Sture Terminal in Hordaland, Norway. According to Statoil, at 4:05 pm CET on Wednesday 12 October, notice was given of a workplace accident at the Hordaland. “Five people were sent to Haukeland Hospital after having been exposed
Origin extends bank loan facilities
Australia’s Origin Energy that owns a 37.5 percent stake in the Australia Pacific LNG project, extended the A$4.5 billion bank debt facilities maturing in December 2018 to October 2021.
Woodfibre LNG carrying out geotechnical work at plant site near Squamish
Woodfibre LNG started geotechnical work at the former Woodfibre Pulp Mill near Squamish, the proposed site for its liquefied natural gas processing and export facility.